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European Union News - Business, Taxation & Offshore


G7 Committed To Digital Tax Consensus

by Mike Godfrey, Tax-News.com, Washington

Thursday, June 14, 2018

G7 countries are committed to working towards a consensus-based solution to the tax challenges of the digital economy, according to the final communique issued at the conclusion of the G7's summit in Charlevoix, Canada.Read Full Story


EU Agrees New Money Laundering Rules

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 14, 2018

The EU is to apply new anti-money laundering rules aimed at disrupting and blocking access by criminals to financial resources. Read Full Story


EU Adopts Tax Transparency Rules For Intermediaries

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

New rules on intermediaries that design or promote tax planning schemes have been adopted by the European Council.Read Full Story


EU Removes Bahamas, Saint Kitts From Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Monday, June 4, 2018

The EU on May 25 removed the Bahamas and Saint Kitts and Nevis from its list of non-cooperative tax jurisdictions.Read Full Story


EU Drafts Directive To Overhaul VAT Law

by Ulrika Lomas, Tax-News.com, Brussels

Monday, May 28, 2018

In a new proposal for a Council Directive, the European Commission has set out the value-added tax law amendments necessary to bring about massive changes to how VAT functions in the European Union, in particular to simplify compliance obligations for businesses and to make the system less prone to fraud.Read Full Story


EU Challenges Hungarian, Italian, Romanian Tax Provisions

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 22, 2018

The European Commission has initiated tax infringement procedures against Hungary, Italy, and Romania. Read Full Story


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