OECD Consultation on Pillar 1 (Amount B)

The OECD has launched a public consultation on on the main design elements of Amount B under Pillar One in the context of the ongoing work of the OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) to implement the Two-Pillar Solution to Address the Tax Challenges Arising...

Agreement on minimum taxation of multinationals

The Czech Presidency of the EU has announced the unanimous agreement of the Member States to approve the Commission's proposal for a Directive ensuring a minimum effective tax rate for large multinational groups. The proposed Directive will be formally adopted by written procedure.   source: ec.europa.eu...

CFE Tax Top 5 (5 December 2022)

This week's edition of the CFE Tax Top 5 looks at the following: EU Seeks to Define Aggressive Tax Planning ECJ Rules Public Access to Beneficial Ownership Registry Information Invalid Hungary Continues to Oppose Minimum Tax at EU Level OECD Publishes Updated Mutual Agreement Procedure...

CFE Tax Top 5 (28 November)

This week's edition of the CFE Tax Top 5 looks at the following: ECJ Rules Public Access to Beneficial Ownership Registry Information Invalid – Joined Cases C-37/20 & C-601/20 G20 Summit Leaders’ Declaration on OECD’s Two-Pillar Solution EU Commission Publishes Customs 2020 Evaluation Report OECD...

CFE Tax Top 5 (21 November 2022)

This week's edition of the CFE Tax Top 5 looks at the following: EU Adopts Revised Code of Conduct on Business Taxation ECJ Delivers Judgment in Fiscal State Aid Case Fiat Finance CFE Conference “Targeting the “Bad Apples”: Enablers of Tax Avoidance”; Zagreb, 2 December 2022 OECD’s Warns...

Transfer Pricing Rules published

Further to the consultation completed earlier this year (see MIT News 21 December 2021), the Transfer Pricing Rules 2022 have been published by Legal Notice 284 of 2022....

CFE Tax Top 5 (14 November 2022)

This week's edition of the CFE Tax Top 5 looks at the following: 28 Jurisdictions Sign Agreement on Reporting Income from Digital Platforms EU Commission Extends BEFIT Public Consultation Period CFE Conference “Targeting the “Bad Apples”: Enablers of Tax Avoidance”; Zagreb, 2 December 2022 OECD’s Global Forum...

CFE Tax Top 5 (7 November 2022)

This week's edition of the CFE Tax Top 5 looks at the following: EU Parliament’s Draft Report on Tax-Related Revelations CFE Opinion Statement in PRA Group Europe on Interest Barrier & Group Contributions (EEA relevance) ICAEW Wyman Symposium Debates Regulation of Tax Professionals EU Commission 2023 Work Programme...