News

Weekly Tax News – 4 June 2018

- ECOFIN approved new transparency rules on tax intermediaries but failed to agree on three VAT proposals
- Digital taxation: Luxembourg is uncertain on interim tax
- Trump announced restrictions on steel and aluminium

Weekly Tax News – 28 May 2018

- ETAF Conference on how to tax the digital economy: searching for common solutions
- The US are planning 25% tax on car imports
- European Commission urged Hungary to ends its discriminatory taxation on spirits
- ECOFIN decisions on tax blacklist and disclosure rules for tax intermediaries
- New provisional agreement between Parliament and Council tackle illicit cash flows in and out of the EU

ETAF Conference on how to tax the digital economy: searching for common solutions

On 23 May 2018, over 100 participants from the EU institutions and multiple Member States joined the Conference on “fair taxation in a digitalized world” hosted by the European Tax Adviser Federation (ETAF) in Brussels.

Weekly Tax News – 21 May 2018

- Bahamas and St Kitts and Nevis to leave the EU tax blacklist
- Council’s refuse to cooperate with the TAX3 committee
- Member States allegedly push for global solution to tax digital giants
- MEP’s reactions to Union report on McDonald’s tax strategy
- EP to debate on the disintermediation opportunities offered by blockchain

Weekly Tax News – 14 May 2018

- Council Directive on disclosure rules for tax intermediaries formally adopted
- Macron relaunched the need of taxing digital giants

Weekly Tax News – 7 May 2018

- New own resources for the multiannual financial framework
- ECOFIN meeting in Sofia: finance ministers on the digital tax and on strengthening administrative cooperation
- New proposals by the Commission aim at letterbox companies
- ECON publishes an opinion statement on vehicle taxation
- Trade agreement between EU and New Zealand

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.