This week's edition of the CFE Tax Top 5 looks at the following: EU Commission Publishes Tax Evasion & Tax Simplification Roadmap; Turnover Taxes Not Discriminatory: ECJ Decisions in Tesco & Vodafone; EU Green Deal – Energy Taxation & Carbon Border Adjustment Inception Impact Assessments; ...
Further to the consultation on the revised Risk Evaluation questionnaires (REQs) held earlier this year, the FIAU has published the 2020 REQs on its website. Subject Persons, which includes Tax Advisors, are required to complete and submit the respective REQ via the CASPAR system. Guidance on the...
This week's edition of the CFE Tax Top 5 looks at the following: Vestager: Member States’ Digital Taxes Not State Aid; European Semester Reports: Overview of Key Socio-Economic Parameters; ECJ Revisits ‘Final Losses’ Doctrine in Case C-405/18 AURES; OECD Publishes Dispute Resolution Reports; Taxpayers’ Rights:...
The Office of the Commissioner for Revenue has announced that they will no longer be accepting payments by bank drafts/cheques drawn on foreign banks. Furthermore, refunds of tax may no longer be issued through the use of bank drafts/cheques in foreign currencies....
This week’s edition of the CFE Tax Top 5 looks at the following: EU Developments: Parliamentary Week & Article 116 TFEU to Bypass Unanimity in Tax at EU Level; G20 Communiqué: Overcome Remaining Differences for Further Progress; VAT: Simplified Rules for Small Businesses & Cross-Border...
As part of the ongoing work of the OECD/G20 Inclusive Framework on BEPS , the OECD has released a public consultation document on the review of Country-by-Country Reporting (BEPS Action 13). Action 13 of the BEPS Project established a three-tiered standardised approach to transfer pricing documentation, including...
LN 29 of 2020 amends Regulation 10 of the EuropeanUnion Anti-Tax Avoidance Directives Implementation Regulations relating to Reverse Hybrid Mismatches, clarifying that this provision enters into effect on 1 January 2022....
The Agreement between the government of the Republic of Malta and the government of the Republic of Armenia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has been published in virtue of LM 28 of...
On 18 February 2020 the Council adopted simplified VAT rules applicable to SMEs. The rules are intended to reduce the administrative burden and compliance costs for small businesses and to enable them to trade cross-border more efficiently. The main change is the extension of the exemption for...
