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Tax News

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False claim: “free stuff” is funded by these high tax rates in “socialist” EU countries

16/03/2020(0)
Multiple accounts on Facebook are circulating an image which makes the claim that high tax rates in European countries are behind “free stuff” advocated for by “socialism”. The image ... Read More
EU USA trade talks

US set to impose tariffs on $7.5bn of EU exports; Is there an economic impact?

04/10/2019(0)
The US has been given the go-ahead to impose tariffs on $7.5bn (£6.1bn) of goods it imports from the EU. It is the latest chapter in a 15-year battle ... Read More
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EU Presidential debate hears call for minimum 18% corporation tax rate across the EU

20/05/2019(0)
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
LuxLeak

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

18/02/2019(0)
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
Digital Tax

Positions, problems and prospects of EU ‘digital tax’ proposal

14/09/2018(0)
Explained: The EU ‘Digital Tax’ Scramble EU finance ministers met last weekend for the fourth time this year to agree on a tax levy targeting large digital multinationals such ... Read More
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OECD Supports States To Mirror EU’s Digital VAT Reforms

27/10/2017(0)
On October 24, the OECD released new implementation guidelines to support the collection of consumption taxes on cross-border sales. The guidance – Mechanisms for the Effective Collection of VAT/GST ... Read More
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EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action

04/10/2017(0)
The European Union value-added tax gap – the overall difference between expected VAT revenue and actual EU member state collections – was EUR152bn in 2015, says the European Commission, ... Read More
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French Finance Minister Outlines French Corporate Tax Cut Plans

01/09/2017(0)
French Finance Minister Bruno Le Maire has confirmed that the Government will legislate for several tax measures designed to increase France’s tax competitiveness in the upcoming Budget for 2018. ... Read More
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UK Sees Corporate Tax Windfall After Brexit Decision

04/08/2017(0)
The 15.5 percent year-on-year increase in UK corporate tax receipts, reported recently by HM Revenue and Customs (HMRC), demonstrates that company profits have not yet been dented by the ... Read More
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EU Requires Belgium, France To End Port Tax Breaks

01/08/2017(0)
Belgium and France must abolish corporate tax exemptions granted to their ports so as to align their tax regimes with European Union state aid rules, the European Commission has ... Read More
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