Search Results for: EU Commission
Deloitte comments on the EU Commission’s Capital Markets Union (CMU) green paper
February 19th, 2015
David Strachan, Head of Deloitte’s EMEA Centre for Regulatory Strategy, said: “The Commission has taken a pragmatic approach in developing a CMU. We support a period of analysis to identify the barriers to a CMU, rather than jumping in ...
Luxembourg’s Tax Rulings Discussed By New EU Commissioner
November 10th, 2014
The European Commission has not yet formed an opinion on two contested tax rulings provided by the Luxembourg Government to multinational companies, and it has yet to formally respond to the recent leak of previous rulings, the new Competition ...
Euro zone to avoid recession, stagnation risks remain: EU Commission
November 4th, 2014
The euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, calling on Germany to help as Chancellor Angela Merkel again rejected a spending spree. The EU executive ...
New EU Commissioner for Justice, Consumers and Gender Equality
September 10th, 2014
Jean-Claude JUNCKER, the President-elect of the European Commission has allocated Věra Jourová, a lawyer and politician from the Czech Republic, the Justice, Consumers and Gender Equality portfolio in the new European Commission. If approved by the European Parliament, she ...
Commission starts legal action against 23 EU countries over copyright rules
August 4th, 2021
France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national law, the European Commission said on Monday as it asked the group to explain the ...
European Commission adopts new tools for safe exchanges of personal data
June 16th, 2021
On the 4th of June, the European Commission adopted two sets of standard contractual clauses, one for use between controllers and processors and one for the transfer of personal data to third countries. They reflect new requirements under the ...
European Commission vice-president calls for EU-wide digital tax
September 2nd, 2020
The European Union needs to tax companies that generate its revenues with digital services as the money is needed to fund infrastructure and social programmes in the future, European Commission vice-president Valdis Dombrovskis said on Monday. “We need to ...
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 — ...
European Commission released VAT Gap Frequently asked questions
September 27th, 2018
The European Commission has published a Fact Sheet with Frequently asked questions about the VAT Gap, that refers to the overall difference between the expected VAT revenue and the amount actually collected. VAT Gap: Frequently asked questions What is VAT? ...
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 ...
