ECOFIN – digital levy by 1 January 2023

At the ECOFIN meeting of 25 March 2021, EU leaders reiterated their commitment to reaching a consensus-based global solution on international digital taxation within the framework of the OECD by mid-2021. They also stated that, if the prospect of a global solution was not forthcoming, the EU would...

CFE Tax Top 5 (29 March 2021)

This week's edition of the CFE Tax Top 5 looks at the following: EU Expands DAC Framework with Digital Platforms EU Commission Refers UK to the ECJ on State Aid Matters Tax and Gender: Developments in International Tax Policy CFE Academy Webinar on Recent ECJ...

One Stop Shop Guide

The EU Commission has published a Guide to the One Stop Shop - the extended reporting platform which replaces the Mini One Stop Shop (MOSS) with effect from 1 July 2021. The Guide can be viewed here.   source: ec.europa.eu...

CFE Tax Top 5 (22 March 2021)

This week's edition of the CFE Tax Top 5 looks at the following: ECOFIN Discuss EU Digital Levy Plans European Court of Justice Dismisses EU Commission’s Appeal in Turnover Tax Cases UN Tax Committee Agrees Digital Services Model Tax Treaty Amendment EU Political Agreement Reached...

Digital taxation discussed at informal ECOFIN meeting

Digital taxation was discussed at an informal video conference of the ECOFIN ministers on 16 March 2021, ahead of the Euro Summit that will be held later this week. Ministers underlined their continued support for the ongoing negotiations in the OECD, which are aimed at achieving...

CFE Tax Top 5 (15 March 2021)

This week's edition of the CFE Tax Top 5 looks at the following: Public Consultation on DAC8 EU Exchange of Information on Crypto-Assets & e-Money EU Parliament Recommends DAC7 Digital Platform Reporting Legislation be Strengthened EU Commission Launches Taxpayers’ Rights Consultation OECD Secretary-General Designate Announced EESC...

EU Consultation on Taxpayer Rights

The EU Commission has launched a consultation on Tax Payer rights, designed to collect information on direct tax (mainly Personal Income Tax) related problems that citizens currently face when they exercise their freedoms for cross-border activities.   HAVE YOUR SAY: Complete the questionnaire at this link. The...

EU consultation on extending DAC to crypto-assets and e-money

The EU Commission has launched a Public Consultation on a proposal to expand the Directive on Administrative Cooperation, to provide for the exchange of information in the field of taxation to include crypto-assets and e-money. The objective of the consultation is to collect data and evidence needed to...

Amendments to the Revenue Acts

Act VIII of 2021 was published on 12 March 2021 (enacting Bill 199 - see MIT News 26 February 2021). The Act introduces a series of amendments to the following legislation: Income Tax Act Income Tax Management Act Duty on Documents and Transfer Act Value Add...