The OECD publishes a new report regarding automatic exchange of information. Cypriot and US amendments to the tax legislation soon to come into force. You can find more detailed information on these issues and …
On 13 October 2022, the EU Commission launched a public consultation on the Business in Europe: Framework for Income Taxation (BEFIT) in accordance with which the Commission aims to propose a directive by the t…
The OECD publishes progress reports on BEPS, as well as several pieces of guidance aimed at the further improvement of global tax transparency. Luxembourg and Spain introduced temporary VAT reduction. Greece in…
The OECD makes significant progress on Pillar One. EU member states aim for consensus in relation to Pillar Two. The US introduces a massive tax-and-spending plan. You can find more detailed information on thes…
During a 17 June 2022 vote at a meeting of EU finance ministers (ECOFIN), Hungary surprisingly exercised its veto on EU draft implementation of Pillar Two of the 2021 global tax agreement through the OECD, whic…
The OECD continues to address the tax challenges arising from the interconnected digital world. Germany issues a decree on the income tax treatment of virtual currencies, while Sweden reconsiders its position o…
OECD consulting with interested parties to inform of its work in the tax area. A long-awaited decree of the German Ministry of Finance confirms the acceptance of the principles established by court. You can fin…
On 11 May 2022, the European Commission announced the release of a draft for a new directive laying down rules to address the tax-induced debt-equity bias. The proposal includes both a debt-equity bias reductio…
The tax tolerance regime for cross-border workers between Belgium and France, Germany, Luxembourg, and the Netherlands has been finally extended to 30 June 2022. The latest ECOFIN meeting does not bring agreeme…
We bring you the latest news from international taxation, including the information that the Belgian financial administration presented a transfer pricing tax audit plan for 2022, or that according to the Court…