Search Results for: Margrethe Vestager
Facial recognition technology breaches GDPR says Vestager
February 19th, 2020
Margrethe Vestager, EU’s tech chief Margrethe Vestager said on Thursday that facial recognition technologies breach the need to give consent, which is stipulated in Europe’s data protection rules (GDPR). However, the Commissioner backed their use in case of public ...
Tax rulings: “We need a common corporate tax base”, says Commissioner Vestager
May 6th, 2015
Why did the EU Commission take so long to launch investigations into member states’ tax rulings? Is its strategy to go only after small countries, such as Belgium, the Netherlands, Luxembourg and Ireland? Will the instruments available to it ...
Paris wins legal battle against Airbnb hosts in European high court
September 23rd, 2020
The European Court of Justice has upheld a French law that gives cities and towns the right to block short-term property rentals, a decision that may open the way for European cities to take action against Airbnb and similar ...
European stocks climb as investors monitor coronavirus spread, economic data
February 19th, 2020
The pan-European Stoxx 600 was up 0.5% by mid-morning having earlier notched a new record high. Basic resources and household goods added 0.8% to lead gains as most sectors and major bourses entered positive territory. China’s National Health Commission ...
EU Presidential debate hears call for minimum 18% corporation tax rate across the EU
May 20th, 2019
A debate among the lead candidates for the presidency of the European Commission has heard a call for a minimum 18% corporation tax rate across the EU. The call from the European Regulation Commissioner Frans Timmermans for the 18% ...
Why has the European Commission not investigated Lux Leaks tax deals?
February 18th, 2019
Almost five years ago, the International Consortium of Investigative Journalists published its Lux Leaks investigation, exposing how some of the world’s largest corporations cycled billions of dollars through Luxembourg so as to avoid paying huge amounts of tax — ...
Mastercard fined €570.6m
January 23rd, 2019
The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Commissioner ...
The reason EU fined Google €4.34 billion
July 19th, 2018
The European Commission has issued an announcement to inform that decided to impose a total fine of €4.34 billion to the technology giant Google. According the announcement, The European Commission has fined Google €4.34 billion for breaching EU antitrust rules. ...
European Commission finds Luxembourg gave illegal tax benefits
June 28th, 2018
The European Commission has found that Luxembourg allowed two Engie group companies to avoid paying taxes on almost all their profits for about a decade. This is illegal under EU State aid rules because it gives Engie an undue ...
EU ordered Luxembourg to collect around €250 million from Amazon
October 5th, 2017
The European Commission has issued a press release to inform on its conclusion that Luxembourg granted undue tax benefits to Amazon of around €250 million. According the press release, Commission finds Luxembourg gave illegal tax benefits to Amazon worth ...
