European tax

Tax photo

European Commission finds Luxembourg gave illegal tax benefits

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 ... Read More
Digital Tax

EU leaders to urge progress on digital tax despite concerns, draft says

European Union leaders are expected to call for progress on new rules to tax companies’ digital revenues at a summit next week in Brussels, according to draft conclusions of ... Read More
Tax photo

Spain to introduce the first “Real” Digital Tax in the EU

The Treasury will impose a 5% tax on foreign and Spanish companies’ digital services. This new tax will be on the intermediary services and the publicity and sale of ... Read More
European Commission

European Commission welcome digital taxation proposal

The European Commission has today welcomed a joint proposal from the so-called Big Four member states – France, Germany, Italy and Spain – on the taxation of large digital ... Read More

EU to battle corporate tax scams

European Union finance ministers have agreed on new measures to close some tax loopholes that have enabled multinational companies operating in both EU and non-EU countries to avoid paying ... Read More

Apple, McDonald’s, Google and IKEA to face EU lawmakers over tax deals

Apple (AAPL.O), Google (GOOGL.O), McDonald’s (MCD.N) and IKEA will be asked about their European tax deals on Wednesday as EU lawmakers ratchet up the pressure on multinationals to pay ... Read More
swiss banks

Secrets ending for Swiss bank accounts

European tax evaders might soon have to hide their cash in mattresses instead of secret Swiss bank accounts. Switzerland has agreed to start sharing financial information with the European ... Read More
Broker Cyprus TopFX