This week’s edition of the CFE Tax Top 5 looks at the following: 1. European Leaders Agree EU Recovery Plan & 2021- 2027 Budget At the Special European Council meeting which took place from 17 – 21 July, EU leaders reached an historic agreement after marathon negotiations on the EU recovery package proposal to “repair...

Further to the preliminary agreement reached on 24 June 2020 (See MIT News 25 June 2020), Council Decision amending Directives (EU) 2017/2455 and (EU) 2019/1995 as regards the dates of transposition and application in response to the COVID-19 pandemic and Council Regulation amending Regulation (EU) 2017/2454...

This week’s edition of the CFE Tax Top 5 looks at the following: European Commission Unveils New Tax Package; Fiscal State Aid: Apple General Court Judgment; OECD Tax Talks Webcast & G20 Report; European Commission Recommends Financial Assistance be Linked to Tax Jurisdiction Blacklist; 2020...

The Office of the CfR has updated the guidelines concerning the deferral of certain taxes, one of the measures announced in March 2020 to assist businesses that suffered a significant downturn in their turnover as a result of the economic constraints arising from the coronavirus pandemic....

On 15 July 2020 the European Commission adopted a new Tax Package which has been designed to ensure that EU tax policy supports Europe’s economic recovery and long-term growth. With an objective of tax fairness, the package seeks to address tax abuse and unfair tax competition and...

The Office of the Commissioner for Revenue has announced that those individuals whose Tax Return is usually submitted by the end of June have until the end of August to submit their return. This applies to Tax Returns sent by post or using the online facility....

On 14 July 2020, the European Commission issued a recommendation to Member States that they do not grant financial support to companies with links to countries that are on the EU’s list of non-cooperative tax jurisdictions. The recommendation also includes that restrictions should also apply...

This week’s edition of the CFE Tax Top 5 looks at the following: European Tax Professionals Call for Better Tax Governance: Joint Statement of CFE Tax Advisers Europe & Accountancy Europe; Fiscal State Aid: IKEA Decision to Expand Investigation & Apple General Court Judgment; Platform...

“Ahead of the European Commission Anti-fraud tax package, Accountancy Europe and CFE Tax Advisers Europe, leading European associations for tax professionals, highlight three areas for policymakers in which the current tax system could be improved whilst longer term reforms are being developed. Policymakers, taxpayers, and...