Council of the EU
EU ministers still can’t agree on anti-tax avoidance directive targeting multinationals
EU finance ministers at a June 17 ECOFIN meeting were again unable to reach political agreement on an anti-tax avoidance directive aimed at multinational corporations . . .
EU ministers unable to agree on multinational anti-tax avoidance rules, compromise plan offered
EU finance ministers at a meeting of the ECOFIN today failed to reach agreement on the EU Commission’s proposed anti-tax avoidance directive, though officials remained optimistic that a compromise agreement can . . .
EU “tax certainty” effort won’t slow tax avoidance work, ECOFIN president assures
Enhancing EU tax certainty for multinational groups has become a hot topic. The subject was taken up during a recent informal meeting of the Economic and Financial Affairs Council (ECOFIN) in Malta and is also the focus of a new European Commission taxation paper . . .
Council expected to approve EU-wide tax dispute resolution system
The Economic and Financial Affairs Council is expected to approve a directive establishing an EU-wide system for resolving double taxation disputes at its meeting of October 10. Ministers will also hear a presentation by the Commission about its proposed strategy for digital taxation, aimed at . . .
EU agrees to mandatory binding arbitration of tax disputes
Davide Anghileri of the University of Lausanne discusses an ECOFIN deal, reached May 23, for a directive that will create a new system for resolving double taxation disputes between the EU States; he also provides an update of EU discussions on adopting a common corporate tax base (CCTB) . . .
EU plan could exclude countries with zero corporate rate from tax haven blacklist
EU finance ministers today agreed to criteria to be used to identify non-EU countries as candidates for an EU-wide tax haven blacklist which could result in countries that have low or even zero corporate. . .
Czech Republic threatens to derail EU anti-tax avoidance deal unless VAT fraud addressed
Ahead of tomorrow’s ECOFIN meeting seeking agreement the EU anti-tax avoidance directive, Czech Republic finance Minister Andrej Babiš is warning that, to win his country’s support for the directive, EU ministers . . .
EU Council reaches ATAD II compromise to close hybrid mismatch tax loophole
Davide Anghileri, of the University of Lausanne, discusses an EU Council compromise agreement, reached today, on a directive addressing hybrid mismatches involving non-EU countries . . .