Update

Tax Policy

 Cannot read this email? Open in your browser.November 2019 
 

Tax Policy Update

11 - 22 November

 
 
 
 

Focus Area: Tax

 
 
 

Restoring trust in tax system and building a resilient future one are our 2 pillars for the next EU term. Read more

 
 
 
 
 

19 Feb - Tax Day 2020

 
 
 

Accountancy Europe’s Tax Day is back! Register now

 
 
 
 

Highlights

 
 
 
 
  • Public CBCR to be discussed by ministers on 28 November
  • OECD publishes public comments received on its international tax reform consultation
  • Czech Republic joins club of countries considering domestic digital taxes
 
 
 
 
 

EU Developments

 
 
 
 

European Parliament


Parliament adopts position on VAT distance sales of goods

The European Parliament has adopted its position on the Commission proposal on VAT distance sales of goods and e-commerce. The file was led in the Parliament by the MEP Ondrej Kovarik (RE/Czech Republic).

In the opinion, the Parliament notably supports introducing new requirements on market platforms such as Amazon and eBay. The platforms will have to keep data on sales made through their interfaces even when sellers outside the EU have not fulfilled their tax obligations.

EU Member States are still negotiating on the file and will have to adopt it by unanimity.

 
 
 
 
 

Council


Public CBCR on the agenda for 28 November competition Council

The Finnish Presidency has included public country by country reporting (CBCR) on the agenda of the ministerial competitiveness Council meeting, taking place on 28 November.

This follows the failure to progress on the file at a technical working party meeting on 25 October. The Finnish Presidency appears to be following up on its commitment to the European Parliament to do what it can to untangle the file, and has therefore submitted it to the decision of political leaders.

It remains to be seen whether the ministers will find an agreement, in which case the Council would begin negotiating with the European Parliament on their respective positions. Alternatively, a failure by the ministers to agree could lead to the file being buried.

 
 
 
 
 

CJEU – RULINGS


Case C‑68/18: Tax rate applicable to energy products

 
 
 
 
 

International Developments

 
 
 
 

OECD publishes public comments received to its consultation on international tax reform

The OECD has published the stakeholder comments it received as part of its consultation for international tax reform, under Pillar 1.

As a next step, the OECD organised on 21-22 November in Paris a public conference to gather further input from stakeholders.

Accountancy Europe also submitted its response to the consultation.

 
 
 
 
 

National Developments

 
 
 
 

Czech government approves digital tax aimed at internet giants

Czech Republic is joining the bandwagon of countries introducing domestic unilateral digital tax measures.

The Czech government has backed a 7% digital tax aimed at large tech companies, although the measure still has to be approved by its parliament. The government projects that the tax would raise about EUR 200 million annually. It would apply to companies that have at least EUR 750 million in global turnover and at least 200,000 users in the Czech Republic plus approximately EUR 4 million domestic turnover. Read more

 
 
 
 
 

Other news

 
 
ECB
 
European Central Bank issues opinion on tax disincentives for the use of cash
 
Politico
 
Tax dodgers could face global withholding tax, OECD says
 
OECD
 
Global Forum on tax transparency reveals compliance ratings for further eight jurisdictions
 
Financial Times
 
Global digital tax plans would be a flop, French council argues
 
OECD
 
OECD invites taxpayer input on tenth batch of dispute resolution peer reviews
 
 
 

Events

 
 
05/12/19
 
EU businesses’ total tax contribution, towards greater tax transparency - Euractiv
 
05/12/19
 
Future dynamics of EU tax policy - ETAF
 
06/12/19
 
VAT in the Digital Age - European Commission
 
10/12/19
 
The Future of EU Tax Harmonization - Hec Liege
 

This curated content was brought to you by Johan Barros, Accountancy Europe policy manager since 2015. You can send him tips by email, follow him on Twitter and connect with him on LinkedIn.

 
Subscribe / Unsubscribe / Manage your subscriptions



Sign up for our newsletter