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European Union Tax News

Jersey and Guernsey to extend economic substance rules to partnerships

11 June 2021
EU Council Establishing New Working Party for all Tax Matters

10 June 2021
European Commission Infringement Package for June 2021 Includes Issues for Bulgaria, Germany, and Sweden

10 June 2021
Proposals for New EU Revenue Streams Based on a Carbon Border Adjustment Mechanism, a Digital Levy, and the EU Emissions Trading System

10 June 2021
EU Council Presidency Proposing Phase-Out of Reduced VAT Rates for Products Negatively Impacting Climate

9 June 2021
European Commission Issues Release on Public Consultation on New Initiative to Fight the Abusive Use of Shell Companies

9 June 2021
Cyprus Opposes Global Minimum Tax

7 June 2021
CJEU Issues Decision on Permanent Establishment and VAT Liability of Jersey Company Letting Out Property in Austria

7 June 2021
Romania amends MDR legislation

7 June 2021
G7 Finance Ministers Reach Agreement on Global Minimum Tax and Market Country Taxing Rights

7 June 2021
Cyprus announces extension of the non-application of administrative fines for DAC6 submissions until 30 September 2021 and an update to the Cypriot XML schema

4 June 2021
Denmark passes bill on CFC taxation

3 June 2021
European Commission Announces Launch of New Tax Observatory to Support Fight Against Tax Abuse

3 June 2021
Political Agreement Reached on Public CbC Reporting in the EU

3 June 2021
EU co-legislators reach agreement on public CbCR

2 June 2021
IMF Publishes Paper on Taxing Multinationals in Europe

1 June 2021
European Commission Approves Danish Tax Deferral Schemes to Support SMEs Affected by COVID-19

28 May 2021
European Commission Launches Public Consultation on Roadmap to Fight the Use of Shell Entities and Arrangements for Tax Purposes

28 May 2021
EU Economic and Financial Affairs Council Discusses Environmental Taxation

26 May 2021
Latest Proposal for Public CbC Reporting in the EU Includes Compromise on Disaggregated Data for Non-Cooperative Jurisdictions

26 May 2021
CJEU Holds Bulgaria May Impose Default Interest in Relation to Joint and Several Liability for VAT Obligations

26 May 2021
German Parliament advances several tax proposals

25 May 2021
European Commission Response to Concerns Over Poland's Draft Law for Advertising Tax on Digital and Conventional Advertising

25 May 2021
EU General Court annuls Commission's decision on Luxembourg transfer pricing State aid case

24 May 2021
European Parliament Approves Program to Help Tax Authorities Fight Tax Evasion

24 May 2021
European Commission Publishes Annual Report on Taxation 2021

21 May 2021
Italy Challenges European Commission Decision that Tax Exemptions for Ports Violates State Aid Rules

20 May 2021
Update - English-Language Version of EU General Court Judgment Published on Amazon Illegal State Aid

19 May 2021
European Commission Adopts New Business Tax Agenda

19 May 2021
European Commission publishes Communication on Business Taxation for the 21st Century

18 May 2021
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