Tag: taxation

#Robot industry key in #China’s manufacturing sector

#Robot industry key in #China’s manufacturing sector

| April 25, 2017 | 0 Comments

Microsoft founder Bill Gates’ recent calls for income tax on robots triggered a public debate on whether the workers will be threatened by robots or artificial intelligence. Realizing the dilemma years earlier, China has given its prescription by prioritizing the robot industry in manufacturing sector, writes Qiang Wei. “Right now, the human worker who does, […]

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Brussels warns French #economy is out of kilter and chides Germany, Italy

Brussels warns French #economy is out of kilter and chides Germany, Italy

| February 22, 2017 | 0 Comments

The European Commission warned France two months before elections that its economy was out of balance and in need of reforms as it also chided Germany and Italy. The European Union’s executive arm published in-depth reviews on Wednesday (22 February) of the economies of several countries identified last November as having “imbalances” or “excessive imbalances”, […]

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#FairTaxation: Commission welcomes new rules to prevent tax avoidance through non-EU countries

#FairTaxation: Commission welcomes new rules to prevent tax avoidance through non-EU countries

| February 21, 2017 | 0 Comments

The Commission welcomes the agreement reached at today’s (21 February) ECOFIN on new rules to help prevent tax avoidance via non-EU countries. This latest addition to the EU’s anti-tax avoidance toolbox will prohibit multinational companies from escaping corporate tax by exploiting differences between the tax systems of member states and those of non-EU countries (so-called […]

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#Taxation: Google, Apple, IKEA and McDonalds probed by Tax Rulings II Committee

#Taxation: Google, Apple, IKEA and McDonalds probed by Tax Rulings II Committee

Google, Apple, Inter-IKEA Group and McDonald’s would welcome more clarity and certainty about their tax liabilities in the EU, but they are concerned about the administrative compliance costs and reluctant to see tax data being made public. So said their representatives at a public hearing, held by Parliament’s Special Committee on Tax Rulings II on […]

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#EuropeanParliament: Migration, taxation and Turkey’s role on this week’s agenda

#EuropeanParliament: Migration, taxation and Turkey’s role on this week’s agenda

While heads of state and governments will try to work out the details of the EU-Turkey migration deal during the last European summit in Brussels on 17-18 March, parliamentary committees will also be dealing with migration issues this week. MEPs vote on proposals for relocation schemes for refugees and EU humanitarian visa and also asses […]

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#Taxation: S&Ds back clear priorities for a strong report on tax evasion

#Taxation: S&Ds back clear priorities for a strong report on tax evasion

| February 23, 2016 | 0 Comments

The European Parliament’s special tax committee decided to produce a report on the progress made by the EU in the fight against tax evasion. S&D Euro MP Jeppe Kofod will be one of the two rapporteurs. This report will follow-up the recommendations made in the report drafted by S&D Euro MP Elisa Ferreira during the first […]

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#Monaco: Fighting tax evasion – European Union and the Principality of Monaco initial new tax transparency agreement

#Monaco: Fighting tax evasion – European Union and the Principality of Monaco initial new tax transparency agreement

| February 22, 2016 | 0 Comments

The EU and Monaco have today 22 February initialled a new tax transparency agreement marking another major step forward in the fight against tax evasion. The agreement provides that Monaco and EU member states will automatically exchange information on the financial accounts of one another’s residents from 2018. The information will start being collected from 1 January […]

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