CFE’s Global Tax Top 10 – February 2021

BRUSSELS | FEBRUARY 2021 Agreement on Digital Tax Within Reach After US Policy 'U-Turn' The new US Secretary of Treasury Dr Janet Yellen confirmed that President Biden's administration is ready to drop the 'safe harbour' requirement, a key obstacle to an international agreement on Pillar One concerning taxation of the digital economy. At the G20 meeting [...]

2021-03-02T11:13:02+01:00Categories: CFE Global Tax Top 10|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 1 March 2021

BRUSSELS | 1 MARCH 2021 Agreement on Digital Tax Within Reach After US Policy 'U-Turn' This week's key tax policy news comes from Washington DC. The new US Secretary of Treasury Dr Janet Yellen confirmed that President Biden's administration is ready to drop the 'safe harbour' requirement, a key obstacle to an international agreement on Pillar [...]

2021-03-02T10:19:44+01:00Categories: CFE Tax Top 5|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 22 February 2021

BRUSSELS | 22 FEBRUARY 2021 EU Council Updates EU Tax Blacklist The EU’s list of non-cooperative jurisdictions for taxation purposes was updated by the Council of the EU on 22 February 2021. Dominica was added to the Blacklist following on from its OECD Global Forum peer review report on transparency and exchange of information, in which its compliance [...]

2021-03-02T10:21:06+01:00Categories: CFE Tax Top 5|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 15 February 2021

BRUSSELS | 15 FEBRUARY 2021 CFE Tax Advisers Europe Annual Report CFE Tax Advisers Europe, in cooperation with IBFD, has published its Annual Report, which can be viewed on the CFE website. The report details CFE's technical and policy work, relevant events and publications as well an overview of our activities aimed at Member organisations [...]

2021-02-16T10:25:15+01:00Categories: CFE Tax Top 5|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 8 February 2021

BRUSSELS | 8 FEBRUARY 2021 OpenLux: Tax Investigation into Luxembourg by Le Monde Le Monde has today revealed it has completed an extensive investigation into tax affairs in Luxembourg, which will be published in 5 chapters, concerning: transparency and beneficial ownership, French individuals, French families of great wealth, multinationals; and money laundering. Le Monde reportedly compiled information [...]

2021-02-08T18:02:55+01:00Categories: CFE Tax Top 5|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 12 January 2021

BRUSSELS | 12 JANUARY 2021 Christmas Miracle: Brexit Deal Reached  Negotiations for a comprehensive post-Brexit free trade agreement between the EU and the UK came down to the wire last year, with a deal reached on Christmas Eve, narrowly avoiding the much feared ‘cliff-edge’ scenario at the end of the transition period on 1 January [...]

2021-01-13T11:01:18+01:00Categories: CFE Tax Top 5|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 21 December 2020

BRUSSELS | 21 DECEMBER 2020 Brexit Deal Not Reached by EU Parliament Deadline A deal was not able to reached over the weekend in time to meet the EU Parliament’s deadline to ensure implementation prior to the end of the transition period on 1 January 2021. Bernd Lange, chair of the Parliament's trade committee, tweeted: "The consequence [...]

2020-12-21T14:18:11+01:00Categories: CFE Tax Top 5|

CFE’s Global Tax Top 10 – December 2020

BRUSSELS | DECEMBER 2020 EU Parliament Calls for Wider Scope on EU Tax Blacklist  On proposal of the Permanent Subcommittee on Tax Matters (“FISC”), European Parliament’s Economic Affairs Committee adopted a resolution calling for stricter and legally binding EU rules on non-cooperative jurisdictions for tax purposes, criticising the listing process at present as ‘lenient and confusing’. The [...]

2020-12-18T15:25:24+01:00Categories: CFE Global Tax Top 10|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 14 December 2020

BRUSSELS | 14 DECEMBER 2020 AG Kokott: Belgian Excess Profit Rulings Constitute 'State Aid Scheme' Advocate General Kokott issued an Opinion in Case C-337/19 P Commission v Belgium and Magnetrol International NV (Belgian Excess Profit Rulings). According to AG Kokott, the Commission rightly classified the Belgian practice of downward adjustments to profits of multinational group [...]

2020-12-15T09:59:51+01:00Categories: CFE Tax Top 5, Uncategorized|

CFE’s EU Tax Top 5 – Round-up of EU Tax Policy News – 30 November 2020

BRUSSELS | 30 NOVEMBER 2020 France Proceeds With Digital Tax Collection Despite Likely US Tariff Retaliation The French tax authorities have commenced collection processes for its digital tax, with companies such as Facebook and Amazon having received communications with demands for payment of tax for the year 2020. The French digital tax was signed into [...]

2020-11-30T11:47:27+01:00Categories: CFE Tax Top 5|
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