Tax News

EU USA trade talks

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

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

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

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
Digital Tax

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

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

OECD Supports States To Mirror EU’s Digital VAT Reforms

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

EU VAT Gap Release Falls Ahead Of New Anti-Fraud Action

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

French Finance Minister Outlines French Corporate Tax Cut Plans

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

UK Sees Corporate Tax Windfall After Brexit Decision

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

EU Requires Belgium, France To End Port Tax Breaks

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

Greece: Finance Ministry to present plan for a single set of tax rates for all

Greece: The Finance Ministry is set in the next few days to present creditors with the changes it is planning to introduce on 2016 income taxation. The measures being ... Read More
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