European Commission

Leopoldo Parada of the University of Turin, Italy, discusses a May 16 EU General Court decision in Poland v. Commission which could have implications for the legality, under EU State aid rules, of unilateral European digital services tax measures . . . .

Europe

EU Commission’s publishes decision to probe whether Netherlands tax rulings granted State aid to Nike

July 5, 2019

The EU Commission this week released. . .

Europe

UK launches court challenge to EU Commission’s finding that CFC financing company exemption is state aid: KPMG→

June 24, 2019

Europe

Incoming European Commission president says tech giants must pay fair share of tax, plans carbon border tax: Bloomberg Tax→

July 22, 2019

Europe

14 MNEs, including Vodafone and GSK, launch court challenge to EU Commission finding of State aid in UK CFC exception: ICAEW Economia→

July 18, 2019

Europe

Germany must recognize other EU States’ profit and loss transfer agreements for tax consolidation, Commission says

July 30, 2019

The EU Commission on July 25 decided to send a letter of formal notice to Germany for refusing to recognize profit and loss . . .

Americas

Bermuda, Aruba, Barbados set to be removed from EU tax blacklist, EU official says: Reuters→

May 13, 2019

Belgium

Denmark must adopt EU controlled foreign company tax rules, Commission says

July 30, 2019

The EU Commission on July 25 decided to send a reasoned opinion to Denmark for its failure . . .

Europe

EU Commission publishes decision finding UK group financing exemption to CFC tax rule is State aid

July 17, 2019

The European Commission has* published the nonconfidential version of its decision concluding that . . .

Europe

EU Commission says Greece must allow deductions for foreign losses

July 30, 2019

The EU Commission has charged that Greece’s tax treatment of losses incurred . . .

Digital Economy

EU leaders to discuss tax priorities at summit

May 8, 2019

The EU Commission has prepared a paper in advance of a May 9 EU leaders meeting which . . .

EU puts public country-by-country reporting of tax data back on the agenda

June 14, 2018

After several quiet months, it seems that consideration of an EU Commission proposal for public country-by-country reporting is now moving forward . . .

Europe

Slovakia tax on food retail sector under EU investigation for illegal state aid

April 3, 2019

Davide Anghileri of the University of Lausanne, Switzerland, notes the European Commission’s April 2 announcement of an in-depth state aid investigation into tax exemptions provided in Slovakia’s tax on the food retail sector . . .

Europe

Nike tax rulings under EU Commission scrutiny

January 11, 2019

Dr. Patricia Lampreave, an EU tax and state aid expert and professor at the Instituto de Estudios Bursátiles, Madrid, discusses the EU Commission’s announcement yesterday of an investigation into tax rulings granted by the Dutch tax authorities to Nike group companies . . .

Apple pays Ireland 1.5 billion euros (USD 1.76 billion) in escrow toward 13 billion tax bill in State aid dispute: Reuters→

May 22, 2018

Europe

UK guidance addresses effect of “no-deal” Brexit on VAT system

September 24, 2018

UK HM Reveue and Customs (HMRC) has issued a guidance note that discusses the VAT implications . . .

MEP asks EU Commission to investigate whether Shell/Netherlands merger deal avoiding dividend tax was EU State aid: DutchNews.nl→

June 18, 2018

Americas

OECD, EU require Barbados to remove ring-fenced international tax regimes by December 31, Prime Minister says: Katrina King / Barbados Today→

August 27, 2018

Denmark

Denmark finance minister endorses global minimum tax for multinational groups, common tax base

March 4, 2019

Denmark’s ruling party, Venstre, supports the global adoption of a minimum tax on multinational group profits, Denmark’s finance minister said on March 3. The minister also . . .

First Look: EU investigating Netherlands tax rulings granted to Nike for state aid violations

January 10, 2019

The European Commission today announced that it has opened in-depth investigations into tax . . .

EU tax on tech firm revenue does not target US companies, Moscovici asserts

April 20, 2018

The EU’s proposed digital services tax is not aimed US tech companies; rather, the interim tax is designed to level the playing field for all businesses wherever located, Pierre Moscovici, EU Commissioner . . .

Europe

Commission publishes opening decision in Huhtamäki state aid probe

May 7, 2019

The EU Commission on May 3 published . . .

EU Commission’s digital services tax lacks legal basis because it is not an indirect tax, Council paper says: Financial Times / Mehreen Khan→

October 11, 2018

US can’t intervene in Apple’s European tax dispute, EU’s top court rules

May 21, 2018

The Court of Justice of the European Union (CJEU) has ruled that the United States may not intervene in the Apple state aid case, thus . . .

Leaked EU directive for public country-by-country reporting allows aggregation of third country tax data

March 22, 2016

A proposed EU directive would require public country-by-country reporting by multinationals on worldwide operations broken down by EU member states, but disclosure of only aggregated data for non-EU operations, according to a leaked. . .

Council of the European Union

EU heightens protections for whistleblowers including those who report on corporate tax avoidance: European Commission→

March 13, 2019

EU Commission proposes options to fix outdated tax rules for digital economy

September 21, 2017

The European Commission today released a communication concluding that the amount corporate tax paid by digital firms is insufficient because of outdated international tax rules and proposing both long- and short-term fixes to the international tax . . .

EU Commission publishes decision to extend Gibraltar state aid probe to tax rulings

October 6, 2016

The European Commission has published a non confidential version of its decision to open an investigation into whether Gibraltar’s tax ruling practice violates . . .

Belgium’s excess profit tax ruling system: why the Commission thinks it’s illegal State aid

May 6, 2016

Professor Edoardo Traversa and Pierre Sabbadini analyze the EU Commission’s decision, made public May 5, that Belgium’s excess profit rulings tax scheme is illegal under State aid rules. . .

EU proposes to fund budget through CCCTB: Eoin Burke-Kennedy / The Irish Times→

June 13, 2018

Hungary and Ireland oppose EU-wide CCCTB to harmonize taxation: Carlo Motta / European Sting→

January 9, 2018

Europe

Luxembourg to contest Amazon State aid decision in EU court

December 15, 2017

The Luxembourg government today announced that it will appeal in General Court a European Commission decision that concluded that Luxembourg granted illegal State aid to Amazon’s Luxembourg subsidiary through a . . .

EU proposal likely to require public disclosure of MNE tax haven profits, taxes paid, etc. on a country-by-country basis, sources say: Jennifer Rankin / The Guardian→

April 8, 2016

See: The Guardian. Related: MNE Tax.

EU court rejects US’s application to intervene in Apple State aid case

December 15, 2017

The General Court of the European Union on December 15 rejected an application by the US government to intervene in the Apple State aid case, concluding that the US did not have a sufficient interest in the result of the case under . . .

Emma Hinson Sims on The Pillar One blueprint — the potential future of international taxation and transfer pricing: “HAPPY BIRTHDAY TO A VERY SMART, BEAUTIFUL, YOUNG LADY ON JANUARY 13TH.” January 6 ,2024

David Valdez on US Tax Court resolves Whirlpool tax dispute involving Mexican maquiladora structure: “Greetings Whirlpool Mexico, I’m trying to contact someone involved with the decision making for transportation from all of your Mexican…” October 20 ,2023

Jose Dominguez on The new US international tax rules: what you need to know about GILTI, FDII, BEAT etc.: “Very informative article. Question. Do you have a software to compute these US International Calcs to make them in house?” April 12 ,2023

Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms Susi, This article is immensely clarifying. I’d like to know whether Danish Supreme Court has already granted its…” March 24 ,2023

Ciro César Soriano de Oliveira on Danish High Court rules on beneficial ownership of dividends for tax purposes: “Dear Ms. Susi, This article is very clarifying. I wonder whether Danish Supreme Court has already granted its decision referred…” March 24 ,2023

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