See page 13.
European Commission publishes Taxation Paper No 27 on ‘The Role of Housing Tax Provisions in the 2008 Financial Crisis’
Abstract: The 2008 financial crisis is the worst economic crisis since the Great Depression of 1929. It has been characterised by a housing bubble in a context of rapid credit expansion, high risk-taking and exacerbated financial leverage, ending into deleveraging and credit crunch when the bubble burst. This paper discusses the interactions between housing tax […]
European Commission publishes summary report on the consultation on simplification of VAT collection procedures in relation to centralised customs clearance
See also our consultation page.
IP/11/161 – Taxation: Commission requests Greece to modify its discriminatory tax amnesty
The European Commission has formally requested Greece to change its tax legislation which discriminates against funds held abroad by Greek residents. Under the Greek tax amnesty, disclosed funds which are transferred to a bank account in Greece benefit from a lower rate of tax than those kept abroad. The Commission considers these discriminatory provisions to […]
IP/11/160 – Taxation: Commission requests France to amend discriminatory tax rules for investments in residential property to let
The European Commission has formally requested France to amend provisions which allow investments in new residential property situated in France to benefit from accelerated depreciation, but do not allow the same for similar investments abroad. The Commission considers such provisions to be incompatible with the free movement of capital, a fundamental principle of the EU’s […]
IP/11/160 – Taxation: Commission requests France to amend discriminatory tax rules for investments in residential property to let
The European Commission has formally requested France to amend provisions which allow investments in new residential property situated in France to benefit from accelerated depreciation, but do not allow the same for similar investments abroad. The Commission considers such provisions to be incompatible with the free movement of capital, a fundamental principle of the EU’s […]