EU

Tax 

The new EU Tax Policy Framework of the European Commission

On 18 May 2021, the European Commission (“EC”) published its long-awaited Communication on Business Taxation for the 21st Century, introducing a short-term and long-term vision for the business tax policy agenda. The proposed agenda should support Europe in recovery from the Covid-19 pandemic and secure sufficient public revenues in upcoming years. This document complements the tax Action Plan presented by the European Commission in July 2020 as part of a package for fair and simple taxation. 

18. 6. 2021
Tax 

In Brief from International Taxation [November 2019]

A number of states have recently introduced new rules for substance requirements based on which the nexus taxation is derived, among them are Curaçao, the British Virgin Islands, Jersey and Guernsey. The CJEU AG gives its opinion on cases relating to cross-period loss relief, Belgian notional interest deduction and freedom of establishment. The guidance on tax treatment of virtual currency is newly available in the United States. Belgium is preparing for Brexit. The advance tax ruling issued in Luxembourg before 1 January 2015 will be valid only to the end of 2019. A new version of the list of non-cooperative jurisdictions was published by the European Union. 

22. 11. 2019