On 14 April the OECD launched a public consultation on the Extractives Exclusion under Amount A of Pillar One. Comments on the Working Document should be sent electronically (in Word format) by email to tfde@oecd.org by 29 April 2022. source: OECD.org...
This week's edition of the CFE Tax Top 5 looks at the following: ECOFIN: Poland Vetos Pillar 2 Minimum Tax Implementing Proposal AG Opinion in Belgian DAC6 Legal Privilege Challenge Case: C-694/20 Orde van Vlaamse Balies Register Now: CFE Forum 2022 on 12 May 2022 in...
At the ECOFIN Meeting of 5 April 2022 (view recording), Poland invoked its veto on the compromise text of the proposal for an EU Directive on the implementation of the OECD’s Pillar 2 minimum corporate income tax....
This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Launches Public Consultation on a New EU System for Withholding Taxes CFE Tax Advisers Europe Opinion Statement: Pillar 2 Proposal Requires Further Revision Before Entry Into Force OECD Release Reporting Format...
The European Commission has published its Screening and Diagnostic Report of Value-Added Tax (VAT) Administration in the EU containing a series of recommendations to help Member States improve their VAT revenue collection, control procedures and processes. source: ec.europa.eu...
With effect from 1 January 2024 payment service providers who are established or provide payment services in the European Union are to keep certain records of cross-border payments originating from payers within Member States and certain information of the payees, and transmit those records to...
COUNCIL DIRECTIVE (EU) 2022/542 of 5 April 2022 amending Directives 2006/112/EC and 2020/285 as regards rates of value added tax has been published. The Directive, which reflects the rules agreed to in December 2021, introduces amendments to the VAT Directive and the Directive relating to the special scheme for small...
In virtue of LN 117 of 2022, the Protocol between the Government of Malta and the Government of the Republic of Poland amending the Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income which was...
Recognising that tax barriers to cross-border investment, such as inefficient withholding tax procedures, still persist within the EU, the Commission has been exploring both legislative and non-legislative initiatives to lower compliance costs for cross-border investors and to prevent tax abuse. The European Commission is preparing an...
