Europe
European Commission
Bulgaria
Europe
Ireland’s legal arguments in Apple State aid tax case published
Mary Cosgrove, a tax lecturer at the J. E. Cairnes School of Business & Economics at the National University of Ireland, discusses Ireland’s arguments in the Apple State aid case before the Court of Justice of the European Union, as revealed in the government’s summary of legal proceedings, released today . . . .
Europe
Europe
EU Commission scoreboard identifies non-EU countries that potentially enable tax avoidance
As part of an effort to devise an EU-wide common list of tax havens, the EU Commission today released a scoreboard designed to help identify countries located outside the EU that enable multinational corporation tax avoidance. Eighty-one countries – including the US, China, and India – were identified. . .
Europe
Americas
Europe
More tax rulings under EU scrutiny for illegal state aid, Vestager says
The European Commission is scrutinizing advance pricing agreements (APAs) issued to financing companies and to other businesses for potential state aid violations EU competition commissioner Margrethe . . .
Europe
Europe
Americas
Europe
France’s rules for taxing dividends from nonresident subsidiaries violate EU law, Commission says
The European Commission has today charged that France’s scheme for taxing of dividends from nonresident subsidiaries is discriminatory, and has asked France . . .
Europe
The EU and Monaco initial tax information exchange agreement
The EU Commission and Monaco on February 22 initialed an agreement that would require automatic exchange bank account information on each other’s residents, the EU Commission has . . .
Europe
Europe
Africa
Europe
EU Commission investigating UK controlled foreign corporation law for State aid violation
The European Commission has opened an in-depth State aid investigation into the UK’s controlled foreign company (CFC) tax laws applicable to multinationals, specifically, the CFC rules’ group financing exception. The group financing exception to the CFC rules, added in 2013, is applicable to multinationals . . .
Digital Economy
Europe
EU States must permit court challenge to tax information exchange request order, CJEU rules
EU states must allow a court challenge to the legality of an information order issued to implement a tax-related exchange of information request on the grounds that the request lacks “foreseeable relevance,” the Court of Justice. . .
Europe
EU Parliament proposal would extend public country-by-country reporting to more multinationals
An EU Commission proposal to require public country-by-country reporting by multinationals operating in Europe should be extended to cover many more multinationals and to mandate much more robust . . .
Europe
Europe
Europe
Leaked EU directive makes CCTB/CCCTB tax scheme mandatory for large multinationals
A proposed directive for an EU common corporate tax base (CCTB), to be presented by the EU Commission next week, and the EU’s planned common consolidated corporate tax base (CCCTB) proposal, would be mandatory for multinational groups operating in the EU that have annual revenue exceeding €750 million . . .
Europe
EU Parliament committee pushes for State aid review of multinationals’ country-by-country tax reports
The EU Parliament’s Economic and Monetary Affairs Committee on Tuesday approved a report proposing to give the EU Commission full access to country-by-country reports of multinationals that are . . .
European Commission
Europe
Americas
EU proposal to halt multinational tax avoidance through third-country hybrid mismatches stalls
EU finance ministers, during an ECOFIN meeting of the Council of the EU held December 6, were unable to reach agreement on new hybrid mismatch rules designed to prevent multinationals from avoiding tax by exploiting differences between the tax systems of EU and non-EU countries. The ministers disagreed with a Dutch proposal to extend the effective date of the rules and a UK proposal. . .
Europe
European Commission
Europe
EU report IDs EU State laws that facilitate aggressive tax planning→
The paper, Study on Structures of Aggressive Tax Planning and Indicators, was written by EU Commission staff with the assistance of 30 national tax experts. See: EU Commission.
European Commission
Europe
Council of the European Union
Digital Economy
Council of the EU
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) . . .
Europe
EU Commission survey addresses tax advisors, intermediaries that aid tax evasion and avoidance
The European Commission has today launched a public consultation on whether the EU should take action to create disincentives for tax advisors and other intermediaries that help taxpayers . . .
Europe
Europe
Europe
EU investigating private tax deal granted to IKEA by Netherlands
The European Commission on December 18 opened another State aid investigation into private tax rulings granted by an EU nation to a large multinational – this time the focus on whether the Netherlands grated special tax treatment to an IKEA subsidiary. The Commission is investigating Dutch tax rulings . . .
