European Union Tax News

Compromise Accepted on EU Financial Transactions Tax but Final Decision Delayed to September

21 June 2016

ECOFIN Reaches Agreement on Revised Anti Tax Avoidance Directive

20 June 2016

Agreement for the Exchange of Financial Account Information between the EU and San Marino in Force

14 June 2016

European Parliament Establishes "Panama Papers" Committee

10 June 2016

European Parliament Welcomes Proposed Anti Tax Avoidance Directive with Recommended Changes

9 June 2016

European Commission Publishes Public Version of Letter to Luxembourg on Formal Investigation into Illegal State Aid Provided to McDonald's

9 June 2016

EU Council Publishes Report on Status of Financial Transaction Tax

8 June 2016

EU CbC Exchange Directive Published

7 June 2016

EU Commission Launches Consultation on Barriers to Cross Border Distribution of Investment Funds

6 June 2016

Switzerland Approves Automatic Exchange of Finance Account Information with Australia and the EU

3 June 2016

European Commission Publishes Notice on Notion of State Aid

27 May 2016

EU Economic and Financial Affairs Council Adopts Directive for Exchange of CbC Reports and Commission Conclusions on VAT; Holds off on Anti Tax Avoidance Directive

26 May 2016

Draft Report from EU Parliament TAXE 2 Committee Published

20 May 2016

Advocate General Opinion Issued that Denmark's Interest Income Exemption Rules do not Restrict Freedom of Establishment

18 May 2016

EU Parliament Welcomes Proposal for Exchange of CbC Reports and Recommends Additional Safeguards

17 May 2016

EU Greens/EFA Publish Report on the Role of the U.S. as a Tax Haven

13 May 2016

EU Council Approves Automatic Financial Account Information Exchange Agreement with San Marino

29 April 2016

All 28 EU Member States Agree to Exchange of Beneficial Ownership Information

25 April 2016

Five EU Countries Announce Plans to Develop Multilateral System for Automatic Exchange of Beneficial Ownership Info and G20 Listens

18 April 2016

Belgium Appeals European Commission Decision that Excess Profit Rulings Violate State Aid Rules

14 April 2016

EU Parliament Extends Minimum 15% VAT through 2018

14 April 2016

European Commission Issues Proposed Directive for Public CbC Reports

13 April 2016

European Commission Issues Action Plan on VAT

8 April 2016

Luxembourg to Implement Amendments to EU Administrative Cooperation Directive on the Exchange of Tax Rulings

29 March 2016

Update - Revised Draft EU Directive for the Exchange of CbC Reports

25 March 2016

European Commission Draft Proposal for Public CbC Reports

24 March 2016

EU Parliament Committee Calls for Greater EU Commission Role in CbC Report Exchange and Stricter CbC Reporting Requirements

18 March 2016

EU Considering Relaxation of Restrictions on Reduced VAT Rates

15 March 2016

U.S. Official Says No Exchange of CbC Reports with Countries that Make Information Public In Response to EU Plans

14 March 2016

Proposed ECOFIN Modification to EU Directive for the Exchange of CbC Reports Includes Optional Filing for Non-EU Parents for 2016

11 March 2016