July 2021 Newsletter

Introduction

• Philippe Arraou, President of ETAF

Professional Law

• Update of the reform-recommendations for regulated professions
• Commission evaluates harmonization of ‘key business services’
• ETAF in close collaboration with Chair of FISC Committee Paul Tang

Tax Law

• A new international tax framework is taking shape
• Agreement on public Country-by-Country-Reporting
• European Commission proposes a Business Taxation Framework fit for the 21st century
• European Commission tackles fraud connected to crypto-currencies (DAC 8)
• The FISC Committee in its fight for a fairer tax system
• Commission aims at improving taxpayer’s rights
• Court cases: from Amazon to whistleblower’s sanctions in Luxembourg
• Extension of VAT exemption on vital goods in times of crisis
• European Parliament adopts its opinion on DAC 7
• Coreper approves the Fiscalis programme 2021-2027
• February infringement package: letters of formal notice to France and Sweden Updated EU tax haven lists