Brussels, 26 March 2018 1.European Commission Publishes Digital Economy Taxation Proposals The European Commission has published the long-anticipated proposals on taxation of the digital economy in the Single Market and Recommendation on amending Member states’ Double Tax Treaties with Third Countries. The proposals largely correspond with previously seen early drafts. The Directive on Digital Services […]

Brussels, 19 March 2018 1.Council of EU Adopts Tax Intermediaries Directive (Mandatory Disclosure Rules) Political agreement was reached at the 13 March ECOFIN Council meeting on the proposed directive concerning mandatory automatic exchange of information in relation to reportable cross-border arrangements. The directive will now be translated into EU official languages and thereafter adopted by […]

Brussels, 12 March 2018 1.Commission Identifies Members States Engaging in Harmful Tax Practice The European Commission has identified in its European Semester reports and Aggressive Tax Planning Indicators Report, published last week, Member States where economic indicators suggest that the countries facilitate harmful tax practices, including Belgium, Cyprus, Hungary, Ireland, Luxembourg, Malta and The Netherlands. […]

Brussels, 5 March 2018 1.EU Commission early draft on taxation of the digital economy A draft European Commission text analysing potential avenues for taxation of the digital economy in the Single Market was published last week by Politico. Short-term solution: Tax on gross revenue The draft discusses a temporary measure to tax the aggregated gross […]

Brussels, 26 February 2018 1.EU Commissioner Moscovici: “Digital taxation no longer a question of ‘if’” Speaking at a digital conference in Brussels last week, Commissioner Moscovici told attendees that the question of whether or not there would be a European digital tax was no longer an “if” question, stating that the EU will “lead by […]

 Brussels, 19 February 2018 1.International Organisations meet at UN in New York to discuss taxation and Sustainable Development Goals A 3-day event was organised by the Platform for Collaboration on Tax and hosted at the UN headquarters in New York last week with the aim of examining the role of tax in alleviating poverty, protecting […]

Brussels, 12 February 2018 1.Commissioner Moscovici announces that European Commission will publish proposals on the fair taxation of the digital economy in March In an interview to a French newspaper, the Commissioner reiterated the need for new proposals to tax large technology companies that are not currently paying their fair share of tax in Europe. […]

Brussels, 05 February 2018 1.Bulgarian Presidency publishes list of direct tax priorities The Tax Policy Roadmap of the Bulgarian Presidency of the Council was published on 30 January 2018. The roadmap sets out the future work of the Presidency in the coming 6 months. It cites the achievements of the BEPS roadmap as the basis […]