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Accounting

digital tax

EU hits pause on US digital levy to focus on global corporate tax plan

13/07/2021(0)
The European Union has agreed to delay a corporate tax plan for the bloc following pressure from the U.S. administration and in a bid to facilitate a broader global ... Read More
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Europe plans new directive on corporate tax

16/06/2021(0)
The European Commission plans to propose a new directive to ensure “uniform implementation across all European Union member states” of any deal on international rules for corporate taxation. The ... Read More
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Company tax deal is close, Paris and Berlin say

27/05/2021(0)
International talks to rewrite the rules of cross-border taxation are in the home stretch with a deal possible in the coming weeks, the French and German finance ministers said ... Read More
tax avoidance

Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries

15/04/2021(0)
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding ... Read More
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EU’s tax irregularities attract international attention

25/02/2021(0)
Le Monde’s recent “OpenLux” revelations show that Luxembourg fails to act fairly within the European Union by offering low tax rates to corporates – underscoring the flaw of an ... Read More
tax-havens

EU tax haven blacklist not catching worst offenders

30/12/2020(0)
MEPs adopted a resolution setting out changes to be made to the system used to draw up the EU list of tax havens, which they deem is currently “confusing ... Read More
vat tax onestopbrokers

COVID-19:VAT relief for vaccines and testing kits

10/12/2020(0)
The Commission has welcomed the adoption of important new measures which will enable Member States to relieve EU hospitals, medical practitioners and individuals of Value-Added Tax (VAT) when acquiring ... Read More
coronavirus pandemic

Waiving VAT and customs duties on vital medical equipment

18/11/2020(0)
The European Commission waives customs duties and VAT on the import of medical equipment from non-EU countries. The European Commission had already in April 2020 published a decision helping ... Read More
spanish-flag

Spanish government raises taxes for the rich and wealthy

27/10/2020(0)
The Government raises corporation tax, wealth tax and personal income tax for the rich. The President of the Government, Pedro Sánchez, and the second vice president, Pablo Iglesias, presented ... Read More
vat tax onestopbrokers

EU expecting COVID-19 dent in 2020 VAT collections

30/09/2020(0)
The European Commission has published its latest VAT gap report, which show that EU countries lost an estimated EUR140bn (USD165.7bn) in VAT revenues in 2018, down EUR1bn in nominal ... Read More
Broker Cyprus TopFX