OECD Transfer Pricing Guidelines 2022
The OECD has published the 2022 edition of the Transfer Pricing guidelines. These can be viewed here....
26 January 2022
CFE Tax Top 5 (24 January 2022)
This week's edition of the CFE Tax Top 5 looks at the following: EU Finance Ministers Discuss Pillar 2 Directive, Estonia Maintains Reservations EU Commission Seeks Feedback On Pillar 2 & Unshell Proposals EU Consultation ‘VAT in The Digital Age’ OECD Publishes 2022 Transfer-Pricing Guidelines EU Tax...
26 January 2022
VAT in the Digital Age consultation
The Commission's Action Plan for Fair and Simple Taxation (See MIT News 16 July 2020) followed by its work programme for 2022 (See MIT news 20 October 2021), included a legislative proposal for 2022 under the heading ‘VAT in the digital age’ covering: 1) VAT reporting obligations...
26 January 2022
EU consultation on the misuse of shell entities
Further to the publication of the proposal for a Directive on the misuse of shell entities (see MIT News 22 December 2021), the Commission has launched a public consultation. The feedback period closes on 6 April 2022....
26 January 2022
EU consultation on minimum level of tax for multinationals
Further to the publication of the proposal for a Directive ensuring a minimum effective tax rate for the global activities of large multinational groups (see MIT News 22 December 2021), the Commission has launched a public consultation. The feedback period closes on 6 April 2022....
26 January 2022
CFE Tax Top 5 (17 January 2022)
This week's edition of the CFE Tax Top 5 looks at the following: EU Tax Policy Report – Semester II – July to December 2021 ECOFIN to Discuss EU Directive on Minimum Tax CFE Tax Advisers Europe Annual Report EU Shell Entities Directive EU Targets Portion of Carbon...
19 January 2022
ECOFIN discuss proposed Directive on global minimum tax
Further to the publication of the Commission's Proposal for a Council Directive on ensuring a global minimum level of taxation for multinational groups in December 2021, the ECOFIN Council has discussed the proposal at yesterday's meeting, with Ministers confirming the need to urgently transpose the agreed...
19 January 2022
Proposal for updated VAT exemption certificates – goods related to COVID response and defence efforts
Further to the introduction of the exemptions from: VAT supplies of goods and services used as part of measures taken at European Union level in response to the COVID-19 pandemic (which applies retroactively to goods and services supplied since 1 January 2021); and VAT and...
19 January 2022
FIAU guidance note on tax related suspicious reporting
The FIAU has published a guidance note in relation to tax related suspicious reporting which aims to provide subject persons with important tax related ML/FT indicators that are found on goAML that are to be used when reporting serious and complex tax crimes. Furthermore a list of commonly used...
5 January 2022