Weekly Tax News – 30 April 2018

- Commissioner Moscovici responds to criticisms over digital tax proposals
- Spanish regional taxes on large retail establishments are compatible with EU law
- The European Banking Federation pushes for a change in VAT directive
- Commission to protect whistle-blowers
- Irish sugar-sweetened drinks tax approved by the Commission
- Germany demands exemptions to notification procedure for services

Weekly Tax News – 23 April 2018

- EU reaction to the American tax reform and steel taxes
- MEPs vote on new anti-money laundering rules
- S&D calls on Council to push for tax transparency of multinational companies

Weekly Tax News – 16 April 2018

- EU digital tax is encountering various shades of consensus
- Commission approves several state aid cases
- Commission organizes fair taxation seminars

Weekly Tax News – 9 April 2018

- Commissioner Moscovici at the TAX3 Committee hearing
- EU still divided over tax on web giants
- The uncertain future of the services e-card

ETAF positions on the possible impacts of the blockchain technology

The potential impact of blockchain technologies are widespread among various industries, contrary to the main belief that blockchain is only related to cryptocurrencies.Every application of the blockchain in these industries implies a potential tax consequence to be examined in depth, because it can have an impact on the tax collecting process and on the taxation of the profits accrued by these blockchain-based activities.

Weekly Tax News – 26 March 2018

  -  Fair taxation in a digitalised world
  -  The European Parliament appointed TAX3 chair and vicechairs
  -  Guidelines on new requirements against tax avoidance in blacklisted countries
  -  IMCO Committee rejected the services e-card

Press release on the European Commission proposals on the fair taxation of the digital economy

The European Tax Adviser Federation (ETAF) welcomes the efforts of the European Commission to find a balanced and equitable solution in the taxation of the digital economy and shares the Commission’s position that the current international tax rules do not permit a fair competition between traditional companies and digital companies. Following closely the developments around the fair taxation of the digital economy, ETAF has positioned itself by taking part in the public consultation launched by DG TAXUD in October 2017.

Weekly Tax News – 19 March 2018

  -  ECOFIN Council agreement on transparency of tax intermediaries
  -  European Parliament appointed the TAX3 Committee
  -  CC(C)TB voted by the European Parliament
  -  Modification of the EU list of non-cooperative jurisdiction in tax matter

Press release on the directive on the transparency for tax intermediaries

As the European Tax Adviser Federation, ETAF has closely followed the developments of the proposed directive since it was firstly launched in June 2017. In its positioning, ETAF strongly advocated in favour of the safeguard of the professional secrecy as one of the ground pillars of tax professionals.

Consultation on the fair taxation of the digital economy: results published

The results of the consultation on the fair taxation of the digital economy, in which ETAF participated in January, have been published by DG TAXUD. The consultation was launched in October 2017 to define an approach to the taxation of the digital economy. The consultation listed the main problems of the international tax system in relation to the digital economy and proposed both temporary and long-term solutions to tackle these issues.

ETAF participates in the Consultation on the fair taxation of the digital economy

The digitalisation of the economy is happening at a very fast pace involving both the digitalisation of so-called “bricks-and-mortar” business models and the activities of highly digitalized ICT companies. The tax framework, on the other hand, was not capable of keeping up with such a quick transformation.