July 2023 Newsletter

Introduction

• Philippe Arraou, ETAF president

Professional law

• Awaiting the SAFE proposal, the tax profession outlines its expectations
• ETAF comments on the IESBA exposure draft on ethical conduct in tax planning
• Final phase for the Anti-Money Laundering package

Tax law

• Spain takes over Council Presidency
• A new EU framework for faster and safer relief of excess withholding taxes
• An adjusted package of new own resources for the EU budget
• EU Finance ministers reach agreement on DAC8
• Kick start discussions on the VAT in the digital age package
• Implementing the agreed OECD Two-Pillar solution: where do we stand?

ETAF News

• HKPS joins ETAF as observer member
• ETAF 2023 General Assembly
• ETAF participates to the EU Tax Observatory annual conference