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EU, Japan Finalize Landmark Free Trade Deal

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 11, 2017

The EU's new free trade agreement with Japan, finalized by negotiators from both sides on December 8, 2017, has been described as the European bloc's most comprehensive yet. Read Full Story

 


EU Auditors Concerned By Customs Tax Loopholes

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 8, 2017

EU customs controls are not being applied effectively, an EU audit has found, with importers able to take advantage of loopholes to reduce or evade their duty liabilities. Read Full Story

 


ECOFIN Approves VAT Overhaul For Digital Economy

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, December 5, 2017

The European Commission has welcomed an agreement reached among EU finance ministers on the introduction of simpler and more efficient rules for businesses that sell goods online. Read Full Story

 


EU States To Work Together To Stamp Out VAT Fraud

by Ulrika Lomas, Tax-News.com, Brussels

Friday, December 1, 2017

On November 30 the European Commission released new tools intended to make the European Union's value-added tax system more resilient to fraud. Read Full Story

 


UK To Continue Pushing For Effective MNE Tax Rules

by Jason Gorringe, Tax-News.com, London

Monday, November 27, 2017

On November 22, the UK Government published for stakeholders' comments a position paper setting out its views on the challenges posed by the digital economy for the corporate tax system and its preferred solutions. Read Full Story

 


EU States Delay Approving Latest Digital VAT Reforms

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, November 8, 2017

EU finance ministers have failed to reach a political agreement on adopting plans on reforming value-added tax rules for e-commerce. Read Full Story

 


Luxembourg's Public Finances Sound, Despite VAT Revenue Plunge

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, November 1, 2017

The Luxembourg Government's Budget came close to balance in the first three quarters of 2017 as revenue growth outpaced spending, despite a continuing sharp fall in value-added tax revenues following the introduction of new place of supply rules in the European Union. Read Full Story

 


EU Consults On Taxing The Digital Economy

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 27, 2017

The European Commission has launched a consultation on policy solutions to the problems associated with taxing the digital economy. Read Full Story

 


OECD's Gurria Calls For Collective Action On Digital Taxation

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, October 17, 2017

OECD Secretary-General Angel Gurria has called for a collective effort on the design of temporary, short-term measures to tackle the international tax challenges of the digital economy. Read Full Story

 


Luxembourg Tax Ruling Quartered Amazon's Tax Bill: EU Commission

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, October 4, 2017

The European Commission has concluded that a tax ruling issued by Luxembourg in 2003, and prolonged in 2011, lowered the tax paid by Amazon in the country without any valid justification, and ordered the Government to recover around EUR250m (USD295m) in unpaid taxes from the retail behemoth. Read Full Story

 

 

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