EU responds to challenges of profit taxation in digital economy
On 5 November 2018, ECOFIN adopted conclusions summarised in the document titled “Responding to the challenges of taxation of profits of the digital economy”. They are aimed at defining a common EU approach to the issue, in view of the expected…
MOSS: the future of e-commerce?
At its December session, ECOFIN adopted new VAT rules that should make things easier for e-commerce businesses.
ECOFIN meeting: Taxation of digital economy and definitive VAT system
The main tax issues discussed at the Economic and Financial Affairs Council’s October meeting were the taxation of the digital economy and the implementation of a definitive VAT system. The ECOFIN approved a draft directive implementing a new system…
ECOFIN postpones extension of ATAD
At their December session, the EU finance ministers (ECOFIN) negotiated the anti-tax avoidance directive, ATAD2. Some issues remain open, such as the financial sector’s exception from the rules and the member states’ date of transposition of the new…
Latest news - December 2016
Last month’s tax and legal news in a few sentences.