Tag: tax

#Hammond warns leadership hopefuls against low tax, deregulation dogma

#Hammond warns leadership hopefuls against low tax, deregulation dogma

| May 30, 2019

British finance minister Philip Hammond will on Thursday warn those hoping to replace Prime Minister Theresa May against basing their leadership pitches on tax cuts and deregulation, a source at the finance ministry said, according to Reuters’ William James. May is due to stand down on June 7, having failed to deliver Brexit, handing over […]

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#FairTaxation – EU updates list of non-co-operative tax jurisdictions

#FairTaxation – EU updates list of non-co-operative tax jurisdictions

| March 14, 2019

EU finance ministers have updated the EU list of non-co-operative tax jurisdictions, based on an intense process of analysis and dialogue steered by the Commission. The list has proven a true success with many countries having changed their laws and tax systems to comply with international standards. Over the course of last year, the Commission […]

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#DigitalTax – ‘I believe that in 2019 we will see a different solution emerge from the OECD’ Donohoe

#DigitalTax – ‘I believe that in 2019 we will see a different solution emerge from the OECD’ Donohoe

| November 7, 2018

Following the meeting of European Finance Ministers (ECOFIN), Austrian Finance Minister Hartwig Löger said that ministers were still on track to reach a ‘political declaration’ on the EU’s proposal for a digital services tax by the December meeting of the group, writes Catherine Feore.    Löger acknowledges that there were concerns arising from the Commission’s proposal and that further […]

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Days of #TaxCuts are finished in UK, think-tank warns

Days of #TaxCuts are finished in UK, think-tank warns

| March 8, 2018

The days of tax cuts in Britain are over and the baby-boomer generation should prepare for higher wealth taxes to fund an inevitable surge in healthcare costs, the Resolution Foundation think tank said earlier this week, writes Andy Bruce. The new research showed spending on education, social security and above all health looks set to […]

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Parliament this week: Animal testing, #Schengen, corporate taxes

Parliament this week: Animal testing, #Schengen, corporate taxes

| February 20, 2018

MEPs will this week deal with a common fair corporate tax regime, a global ban on cosmetic testing on animals, and rules empowering people to generate their own electricity. On Wednesday (21 February) members of the economic affairs committee will have their say about the creation of a single set of corporate tax rules. Already […]

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#FairTaxation: EU rows into US tax bill debate

| December 18, 2017 | 0 Comments

The European Commission informed journalists that two vice-presidents and two European commissioners have sent a joint letter to United States Secretary of the Treasury Steven Mnuchin, concerning the content of the US tax reform bill, writes Catherine Feore. Last week, Vice-President Katainen raised his concerns following the weekly meeting of European commissioners. He said that […]

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MEPs demand finance ministers and Council step up fight against #TaxEvasion

MEPs demand finance ministers and Council step up fight against #TaxEvasion

| November 15, 2017 | 0 Comments

The Council and finance ministers were sharply criticized by MEPs on Tuesday (14 November) for their lacklustre performance in fighting tax evasion and avoidance. The criticism came during an urgent debate prompted by the latest media leaks on offshore tax havens, dubbed the Paradise Papers.  Finance ministers should not hide behind unanimity rules in the […]

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