European Union Tax News

CJEU Holds Portugal Justified in Denying Participation Exemption for Dividends Received from Third Countries Without Information Exchange 19 October 2022
CJEU Confirms German Surcharge for Failing to Provide Sufficient Fiscal Documentation Does Not Violate Freedom of Establishment 18 October 2022
Proposed Council Implementing Decision Authorizing Bulgaria to Increase VAT Registration Threshold 18 October 2022
European Commission Consulting on Framework for Income Taxation (BEFIT) Initiative 17 October 2022
Luxembourg Draft Budget Law 2023 clarifies Reverse Hybrid Entity Rule 17 October 2022
EU Council Conclusions on the Revised List of Non-Cooperative Jurisdictions Published, Including Addition of Anguilla, the Bahamas, and the Turks and Caicos Islands 14 October 2022
EU Regulation for Cap on Market Revenues and Windfall Profits Tax Published for Energy Sector 13 October 2022
PE Watch: Latest developments and trends, October 2022 13 October 2022
Uruguayan Government submits bill to Parliament to modify Uruguayan CIT source criteria 12 October 2022
EU Member States formally adopt electricity revenue cap and solidarity contribution of fossil fuel sector 11 October 2022
European Parliament Calls for Using Blockchain to Fight Tax Evasion 7 October 2022
Council Implementing Decision Published Authorizing Luxembourg to Extend Increased VAT Registration Threshold 6 October 2022
Anguilla, the Bahamas, and the Turks and Caicos Islands Added to EU Non-Cooperative List 5 October 2022
EU Commission Releases Infringements Package for September 2022 4 October 2022
European Commission Refers Malta to EU Court of Justice on Golden Passports 4 October 2022
Windfall Profit Tax and Cap on Market Revenues Agreed for Energy Sector 4 October 2022
ECOFIN adopts revised list of non-cooperative jurisdictions for tax purposes; Pillar Two Directive not on the agenda 4 October 2022
Denmark provides withholding tax exemption for nonresident charities as of 1 January 2023 30 September 2022
European Commission Approves Irish Scheme to Support Development Cultural Digital Games 29 September 2022
EU Tax Commissioner Speaks with MEPs on Pillar 2 and U.S. Alternative Minimum Tax 28 September 2022
EU Policy Suggestions on FATCA Include Blocking Legislation Until Reciprocity Issues are Resolved 28 September 2022
CJEU Upholds European Commission Decision that Portugal's Madeira Free Zone Scheme Constituted Illegal State Aid 27 September 2022
CJEU Holds Germany May Disallow Deduction of Final Losses of a German Company's PE Where the PE's Profits are Exempt Under a Tax Treaty 26 September 2022
Anguilla, the Bahamas, and the Turks and Caicos Islands to be Added to EU Non-Cooperative List 22 September 2022
EU General Affairs Council Discusses Switch from Unanimity to Qualified Majority Voting 21 September 2022
Netherlands Budget Proposals: Key legislative developments for 2023 and 2024 20 September 2022
Advocate General Finds Only Fans Platform Operator Liable to Pay VAT on Total Sums Paid by Fans in the UK 19 September 2022
EU to Introduce Temporary Solidarity Contribution on Surplus Profits of Companies in the Oil, Gas, Coal, and Refinery Sectors 15 September 2022
European Commission Considering Options to Address the Role of Enablers in Facilitating Tax Evasion and/or Aggressive Tax Planning in the EU 15 September 2022
European Commission proposes Regulation introducing electricity revenue cap and solidarity contribution of fossil sector 15 September 2022