European Union (EU) News

Switzerland, EU To Link Emissions Trading Systems

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 45 hours ago | Friday, November 15, 2019

Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions. Read Full Story

Finland To Implement EU Exit Tax

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 45 hours ago | Friday, November 15, 2019

On November 7, 2019, the Finnish Ministry of Finance issued a proposal to implement a corporate exit tax, which is based largely on the European Union Anti-Tax Avoidance Directive. Read Full Story

Ireland Had EU's Lowest Tax-To-GDP Burden In 2018: Eurostat

by Ulrika Lomas, Tax-News.com, Brussels

Last updated 45 hours ago | Friday, November 15, 2019

The overall tax burden in the European Union relative to GDP rose slightly in 2018, to 40.3 percent, the Eurostat has announced. Read Full Story

MEPs Push For CbC Reports To Be Made Public

by Ulrika Lomas, Tax-News.com, Brussels

Monday, October 28, 2019

Members of the European Parliament (MEPs) have called on EU member states to agree proposals that would require the public disclosure of country-by-country (CbC) reports, to reveal the taxes paid by multinationals. Read Full Story

Switzerland Welcomes Removal From EU Tax Grey List

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 18, 2019

The Swiss Government has welcomed Switzerland's removal from the EU's list of non-cooperative tax jurisdictions, and said that the country meets and implements international tax standards. Read Full Story

EU Updates Tax Blacklist

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 11, 2019

The EU has removed two countries from its list of non-cooperative tax jurisdictions and found a further five to have met their commitments on tax cooperation. Read Full Story

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