RSSTaxation

Get #Multinationals to disclose where they pay #Taxes, MEPs tell member states

Get #Multinationals to disclose where they pay #Taxes, MEPs tell member states

| October 24, 2019

MEPs today (24 October) adopted a resolution urging member states to work on long-overdue rules obliging multinationals to disclose what taxes they pay in each country. The resolution, adopted by 572 votes in favour, 42 against and 21 abstentions, urges member states to agree a position on the legislative proposal requiring public country-by-country reporting of […]

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Green light for a #PermanentTaxCommittee

Green light for a #PermanentTaxCommittee

| September 18, 2019

Co-ordinators in the Economic and Monetary Affairs committee of the European Parliament have agreed to create a permanent sub-committee on tax and financial crime. The Conference of Presidents of the Parliament will now need to approve the sub-committee and the precise mandate has yet to be agreed. The sub-committee follows on from three special committees […]

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EU tax transparency tools prove effective in the fight against #TaxEvasion and #TaxAvoidance

EU tax transparency tools prove effective in the fight against #TaxEvasion and #TaxAvoidance

| September 17, 2019

EU tax transparency rules on the automatic exchange of information between member states are delivering addedvalue when it comes to countries’ ability to crack down on tax avoidance, according to an evaluation published by the Commission. The report provides a first snapshot of the commonly agreed legislation underpinning the obligatory automatic exchange of tax information […]

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Commission report: #EnvironmentalTaxRevenues remain stable in EU

Commission report: #EnvironmentalTaxRevenues remain stable in EU

| July 1, 2019

Environmental and energy taxes remained stable in the EU over the last decade according to a new report on taxation trends published by the Commission today, though a small change was seen in 2017 when revenues decreased to slightly less than 2.5% of GDP. Energy taxes – the main component of environmental taxes – accounted for less […]

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#BankingUnion – Parliament approves rules to reduce risks to EU banks and protect taxpayers

#BankingUnion – Parliament approves rules to reduce risks to EU banks and protect taxpayers

| April 19, 2019

 Parliament adopted a significant step towards reducing risks in the banking system and establishing the Banking Union, this week. The rules approved by Parliament and already informally agreed with member states, concern prudential requirements to make banks more resilient. This should help to boost the EU economy by increasing lending capacity and creating more liquid capital […]

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#Germany gets #Netherlands on board for #GlobalTax revamp

#Germany gets #Netherlands on board for #GlobalTax revamp

| April 4, 2019

Germany and the Netherlands have agreed to back global efforts to revamp international tax rules for the digital era, as part of efforts by the Dutch government to clean up its reputation as a major enabler of corporate tax avoidance, writes Michael Nienaber. The emergence of internet giants such as Google, Facebook and Amazon has […]

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#TaxCrimes – MEPs want EU financial police force and financial intelligence unit

#TaxCrimes – MEPs want EU financial police force and financial intelligence unit

| March 27, 2019

The European Parliament on Tuesday (26 March) adopted a detailed road map towards fairer and more effective taxation, and tackling financial crimes. The recommendations, adopted by 505 votes in favour, 63 against and 87 abstentions, were prepared over a year by Parliament’s Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3). They range from […]

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