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European Union News - Business, Taxation & Offshore



Germany Issues Draft Guidance On DAC6

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 17, 2020

On March 2, 2020, the German Ministry of Finance released a draft discussion document on new rules implementing the sixth European Union Directive on Administrative Cooperation, under which intermediaries are obligated to report certain tax planning schemes. Read Full Story


Brexit Negotiations To Begin This Month

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

The European Council has authorized the opening of negotiations for a new partnership with the UK, and mandated the Commission to act as the EU's negotiator. Read Full Story


Austria May Pull Out Of European Financial Transactions Tax Talks

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

On February 19, 2020, German Finance Minister Olaf Scholz issued a statement to say that he remains "committed" to the introduction of a financial transactions tax at European Union level along the same lines as that proposed by the German Government last month, despite opposition from within the EU, notably from Austria.Read Full Story


EU Adds Cayman Isles, Panama, Seychelles To Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The EU has added the Cayman Islands, Palau, Panama, and the Seychelles to its list of non-cooperative tax jurisdictions, bringing the total tally to 12 from 8. Read Full Story


EU Green Lights E-Commerce Transaction Reporting Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

The European Council has approved new rules for the exchange of VAT payment data relating to cross-border e-commerce transactions. Read Full Story


European Parliament Seeks Aligned EU-UK Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 20, 2020

Members of the European Parliament want the EU and UK to reach an ambitious new free trade agreement, but have stressed that there must be a "level playing field." Read Full Story














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