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European Union (EU) News




UK Lists Instructions For Traders On Brexit

by Jason Gorringe, Tax-News.com, London

Friday, August 30, 2019

HM Revenue and Customs has written to VAT-registered businesses that trade with the EU, advising them on how to prepare for changes to customs, excise, and VAT in the event of a no-deal Brexit. Read Full Story

 


Austria To Introduce New Angel Investor Tax Breaks

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 8, 2019

The European Commission has approved an Austrian tax incentive for mid-sized business financing companies. Read Full Story

 


Ireland Issues Guidance On New Anti-Hybrid Mismatch Rules

by Jason Gorringe, Tax-News.com, London

Thursday, July 25, 2019

The Irish Government has released additional guidance on its proposals for new anti-hybrid rules, responding to feedback to a consultation launched in November 2018. Read Full Story

 


New EU Dispute Resolution Rules Enter Into Force

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 5, 2019

The EU's new directive on tax dispute resolution mechanisms entered into force on July 1. Read Full Story

 


EU Agrees Largest Ever Trade Deal, With Mercosur Bloc

by Ulrika Lomas, Tax-News.com, Brussels

Friday, July 5, 2019

The EU and Mercosur have reached a political agreement on a new trade agreement that will save EU businesses an estimated EUR4bn (USD4.5bn) worth of duties a year. Read Full Story

 


New EU Requirements For IFRS Financial Statements From 2020

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

The European Commission has announced that listed companies that prepare consolidated financial statements using IFRS Standards will be required to tag their primary financial statements using the IFRS Taxonomy for financial years starting on or after January 1, 2020. Read Full Story

 


EU Takes Action Against Spain Over Rules On Reporting Of Assets

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 13, 2019

The European Commission is taking Spain to the Court of Justice over the imposition of "disproportionate" sanctions for failure to report assets held abroad. Read Full Story

 


IMF Advises Luxembourg On Coping With International Tax Changes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 31, 2019

The IMF has welcomed Luxembourg's efforts to meet international tax standards but cautioned that international tax reform could hit the country's tax base. Read Full Story

 


EU Launches New System For Tackling VAT Fraud

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, May 21, 2019

The European Commission has announced the launch of the Transaction Network Analysis tool, a new system to enable EU member states to rapidly exchange and jointly process VAT data. Read Full Story

 


Switzerland Consults On Trade Agreement With UK

by Ulrika Lomas, Tax-News.com, Brussels

Friday, May 31, 2019

The Swiss Federal Council has launched a public consultation on an agreement that will govern trade relations with the UK after Brexit. Read Full Story

 

 

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