Minimum effective corporate taxation: EU Council extends cooperation of tax authorities
The EU Council adopted today a directive that will extend cooperation and information exchange in the area of minimum effective corporate…
2025 EU Tax Symposium: Keynote speech by EU Commissioner Hoekstra
At a time of unprecedented geopolitical and economic challenges, Europe must strengthen its economy to protect its interests and citizens,…
Discriminating non-resident taxpayers: EU Commission refers Spain to the Court of Justice
The EU Commission has decided to refer Spain to the Court of Justice of the European Union for having failed to remedy…
EU Council sets tax decluttering and simplification agenda
The EU Council conclusions call for a review of the existing EU legislative framework in the area of taxation. Taxation…
Minimum effective corporate taxation: EU Council wants to enhance cooperation
The objective of this legislation is to enhance cooperation and information exchange on minimum effective corporate taxation to better fulfill…
Taxation: EU Council adopts the “VAT in the digital age” package
The package adopted today covers a directive, a regulation and an implementing regulation and brings changes to three different aspects…
European automotive industry: EU Commission wants to boost global competitiveness
The European Commission presents concrete actions that will ensure a robust and sustainable automotive sector and help unleash its innovative…
US President Trump publishes foreign investment memorandum
US President Donald J. Trump signed a National Security Presidential Memorandum (NSPM), last week, aimed at promoting foreign investment while…
Taxation: EU Council adopts new electronic VAT exemption certificate to replace paper
The EU Council formally adopted today new rules aimed at replacing the current paper certificates used to declare exemptions from…
EU Commission extends duties on electric bicycles from China
The European Commission has published two Regulations extending anti-dumping and countervailing duties on imports of electric bicycles (e-bikes) from China…
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World Economic Forum: Transcript of U.S. President Donald Trump’s special address
In his first major global address as the newly inaugurated 47th President of the United States, Donald J. Trump took…
U.S. Memorandum declaring the non-applicability of the OECD Global Tax Deal
The U.S. Memorandum recaptures the U.S. sovereignty and economic competitiveness by clarifying that the Global Tax Deal of the Organization…
Erasmus+ grant: Judgment of the Court in Case C-277/23 Finance Ministry of Croatia
Erasmus+ grant: According to the EU Court of Justice, The amount paid to a student should not be taken into…
EU Member States made significant progress in VAT Compliance
Most EU Member States made significant progress in Value-Added Tax (VAT) collection between 2018 and 2022, according to a new…
Main results of the EU Economic and Financial Affairs Council, 10 December 2024
Among other issues, EU Finance Ministers were informed of the customs reform progress. They also debated the revision of the…
EU Council introduces electronic VAT exemption certificate
The EU Ecofin Council today reached a political agreement on a new directive paving the way for the introduction of…
Withholding tax procedures: EU Council adopts new rules in FASTER directive
The EU Ecofin Council today adopted new rules setting up safer and faster procedures to obtain double taxation relief that…
How the EU should respond to Trump’s tariffs – Bruegel Policy Brief
U.S. President-elect Donald Trump has threatened to increase U.S. tariffs to 60 percent on imports from China and 10 to…
MEPs heard the Chair of the Code of Conduct Group on business taxation
MEPs heard the Chair of the Code of Conduct Group on business taxation, María José Garde, insisting with her that…
Tax rulings: EU Commission closes state aid investigations into Fiat, Amazon, and Starbucks
The EU Commission has closed three in-depth State aid investigations into transfer pricing tax rulings granted by Luxembourg to Fiat and Amazon, and…
EU Auditors: Tax revenue losses due to corporate profit shifting could amount to €100bn per year
Strengthening the EU’s defence measures against harmful tax regimes and corporate tax avoidance has not closed all the gaps, according…
VAT in the Digital Age: EU Commission welcomes EU Council agreement
The Council today reached an agreement on new measures that will bring the EU’s value added tax (VAT) rules into…
EU Council background on digital taxation
The digital economy has brought many benefits to citizens and companies. At the same time, the rise of certain digital…
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Background on the EU Economic and Financial Affairs Council on 5 November 2024
The EU Ecofin Council will seek an agreement on value added tax (VAT) in the digital age (VIDA): The package…
Eurostat: EU and euro area tax-to-GDP ratio down in 2023
The overall tax-to-GDP ratio, as the sum of taxes and net social contributions as a percentage of gross domestic product…
“Apple tax” state aid judgment: MEPs discussed implications with Margrethe Vestager
MEPs of the tax subcommittee discussed with Commissioner Vestager the Apple tax state aid case in Ireland and its implications…
EP Think Tank on tax compliance costs in the EU: Striking the right balance
Brussels, 15 October 2024 Written by Pieter Baert. For her second mandate, European Commission President-elect Ursula von...
Non-cooperative jurisdictions: Antigua and Barbuda removed from EU blacklist
With these updates, the list consists of the following 11 jurisdictions: American Samoa, Anguilla, Fiji, Guam, Palau, Panama, Russia, Samoa,…
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October infringements package: Key decisions by the EU Commission
In its regular package of infringement decisions, the European Commission pursues legal action against Member States for failing to comply…
New treaty advances tax rules designed to protect tax bases in developing countries
The international community took another concrete step today towards ensuring fairer and better international tax arrangements, in particular for developing…
EU Court: EU Commission erred in cases concerning UK profit taxation of controlled foreign companies
The EU Court of Justice annuls the Commission decision finding certain United Kingdom rules on the taxation of controlled foreign…
EU Court confirms: Ireland is required to recover unlawful aid to Apple
Tax rulings: The EU Court of Justice sets aside the judgment of the EU General Court concerning tax rulings issued…
Swiss Federal Council finds interim solution for withholding tax on too-big-to-fail tools
During its meeting on 21 August 2024, the Federal Council approved a temporary extension of the special rules on withholding…
EU taxation: Looking back, and ahead – EU Parliament background
As the new parliamentary mandate begins, this note looks back at notable achievements of the previous legislative term in the…
OECD statement on the G20 Declaration on International Tax Cooperation
For the first time in its history, G20 Members have agreed a comprehensive stand-alone Tax Declaration, reflecting the transformational achievements…
Aggressive tax planning: EU Court in Case C-623/22 Belgian Association of Tax Lawyers
Combating aggressive tax planning: The EU Court upholds the validity of various provisions of the EU directive. The EU directive provides…
Excessive deficits: EU Council launches procedures against seven member states
The EU Council adopted decisions establishing the existence of excessive deficits for Belgium, France, Italy, Hungary, Malta, Poland and Slovakia.…
WTO issues new edition of World Tariff Profiles
The World Trade Organisation (WTO) issued today (25 July) the 2024 edition of World Tariff Profiles, a joint publication of…
Pasquale Tridico elected Chair of the EP Subcommittee on Tax Matters (FISC)
A committee bureau (Chair and up to four Vice-chairs) is elected for a two and a half year mandate. Committees…
Johan Van Overtveldt re-elected Chair of the EP Committee on Budgets (BUDG)
In their constitutive meeting, members of the Committee on Budgets have elected their bureau consisting of the Chair and four…
2025 EU annual budget: EU Council agrees its position on draft
Today, the EU Council reached an agreement on its position on the 2025 EU draft budget. In total, the Council's…
Policy guidance: EU Commission publishes its European Semester spring package
The 2024 European Semester Spring Package provides guidance how to build a robust and future-proof economy that secures competitiveness, resilience…
OECD Secretary-General on the Framework on Base Erosion and Profit Shifting (BEPS)
This week’s Inclusive Framework plenary meeting has clarified the outstanding issues in its ongoing effort to reach agreement on a…
Withholding tax: EU Council agrees on new FASTER rules
The so-called FASTER initiative aims to make withholding tax procedures in the EU safer and more efficient for cross-border investors,…
Taxation and the witch-hunt against the self-employed – EU Commission answer
Member States are free to design their direct tax systems, including how to determine the tax base and tax rates…
EP Think tank: Harmonising transfer pricing rules within the EU
On 12 September 2023, the EU Commission tabled a proposal on harmonising transfer pricing rules within the EU. The main objective…
MEPs adopt position on simplyfied fraud-proof withholding tax refunds
The simplifications are expected to save investors around EUR 5 billion per year and, at the same time, provide tax authorities with…
EU removes four jurisdictions from tax non-cooperation list
Concerning Bahamas and Turks and Caicos Islands, ever since October 2022, deficiencies in the enforcement of economic substance requirements had been…
EP Tax Subcommittee debates taxes in the single market and tax avoidance
The co-existence of 27 different national tax systems in the European Union brings about significant obstacles to cross-border business activity…