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European Commission News




EU Seeks Input On New Withholding Tax Directive

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 4, 2021

On September 28, 2021, the European Commission launched a consultation on a proposed Directive that would obligate member states to introduce the same rules regarding withholding tax on dividend and interest payments. Read Full Story

 


EU To Table A Digital Tax Proposal In October

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, September 15, 2021

The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the world's largest firms. Read Full Story

 


EFTA States' Tax Rulings Receive The All-Clear

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, June 9, 2021

The EFTA Surveillance Authority has closed its investigations into the tax ruling practices of Iceland, Liechtenstein, and Norway, without finding any evidence of state aid infringements. Read Full Story

 


MEPs Call For EU Carbon Border Adjustment Mechanism

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 15, 2021

Lawmakers sitting on an EU parliament climate committee have called for the introduction of a carbon border adjustment mechanism. Read Full Story

 


EU Kick-starts Review Of Financial Services VAT Rules

by Ulrika Lomas, Tax-News.com, Brussels

Monday, February 15, 2021

On February 8, 2021, the European Commission launched a consultation on a review of the VAT rules for financial and insurance services. Read Full Story

 


Austria Gazettes Law For New Interest Deduction Limitation

by Ulrika Lomas, Tax-News.com, Brussels

Friday, January 1, 2021

Austrian lawmakers have signed off on the introduction of new limits on the deductibility of interest expenses for multinational corporations. Read Full Story

 


EU Seeking Sanctions Against UK Over Tax Rules On Marked Fuels

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 10, 2020

The EU has referred the UK to the Court of Justice over its failure to comply with EU rules on marked fuel. Read Full Story

 


EU Pressures Italy To End Tax Exemptions For Ports

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 10, 2020

On December 4, 2020, the European Commission said that Italy must abolish its corporate tax exemptions for ports in order to align its tax regime with EU state aid rules. Read Full Story

 


ECJ AG Urges Ruling Against Belgian 'Excess Profit' Ruling System

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 10, 2020

European Court of Justice (ECJ) Advocate General Juliane Kokott has opined that the Commission was right to consider that the Belgian practice of making downward adjustments to profits of undertakings forming part of multinational groups, under the "excess profit" ruling scheme, constituted an aid scheme. Read Full Story

 


EU Eyeing 2023 Start Date For DAC7

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, December 10, 2020

The EU has agreed new rules that will see member states automatically exchange information on income earned by sellers on digital platforms from 2023. Read Full Story

 

 

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