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EU removes three territories from tax blacklist

The European Council has confirmed that Aruba, Barbados, and Bermuda are to be removed from the EU’s list of non-cooperative tax jurisdictions. The original list was announced in December ... Read More
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EU Presidential debate hears call for minimum 18% corporation tax rate across the EU

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 ... Read More

Cayman Islands plans to broaden regulatory regime for securities and investments

The Cayman Islands plans to broaden the territory’s regulatory regime for securities and investments. The territory launched a consultation on The Securities Investment Business (Amendment) Bill, 2019 on April ... Read More

Dutch Beneficial Ownership Register effective 2020

The Dutch Government has confirmed that a registry of ultimate beneficial owners of companies will enter into force in the Netherlands from January 2020. Legislation to implement the UBO ... Read More

Swiss bank UBS to appeal after fined 4.5 billion euros in French tax fraud case

A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros ($5.1 billion) ... Read More

Why has the European Commission not investigated Lux Leaks tax deals?

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 ... Read More
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Decision making on EU Tax Policy

How is EU law on taxation adopted? The European Commission proposes new EU law or amendments to existing EU tax law. Currently, EU tax law is adopted through a ... Read More

EU VAT changes on vouchers became effective

Significant changes to the way that businesses should account for value-added tax on vouchers became effective on January 1, 2019. The overhaul to the rules is intended to simplify ... Read More

EU issues Regulations on 2021 VAT rule changes for e-Commerce

The European Commission has published proposed implementing regulations for reforms to VAT rules for e-commerce that will be effective from January 2021. These implementing regulations are intended to ensure ... Read More
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Tax revenues in advanced economies have continued to increase; OECD research

Tax revenues in advanced economies have continued to increase, with taxes on companies and personal consumption representing an increasing share of total tax revenues, according to new OECD research. ... Read More
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