The CJEU has ruled in joined cases C-37/20 & C-601/20 WM and Sovim SA v Luxembourg Business Registers that the amendment to the AML Directive (Directive 2015/849 as amended by Directive 2018/843) pursuant to which Member States must ensure that Beneficial Ownership information is made accessible to...
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...
The anticipated proposal for legislative developments addressing VAT in the Digital Age was published on 8 December 2022. The VIDA package puts forward measures for addressing: real-time reporting of intra-EU transactions the rules for passenger transport and accommodation platforms single VAT registration in the EU The proposed...
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...
The Exemption from Tax on Property Transfers (Set-off of Tax Arrears) Rules, which were introduced in 2021 (See MIT News 10 November 2021) have been revised by LN 311 of 2022 amending Rule 4 to permit the transfer of tax arrears between related companies and between...
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...
The Office of the CfR has issued a guidance note which clarifies which stock exchanges are recognised by the CfR for the purposes of the Income Tax Acts and the Duty on Documents and Transfers Act: Stock exchanges that are members of the World Federation of...
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....
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...
