European Commission Press release Brussels, 23 May 2024 Today, the European Commission decided to refer Spain to the Court of Justice of the European Union for failure to ensure correct implementation of the Merger Directive on the common system of tax…
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FASTER initiative on withholding tax to boost cross-border investment and help fight tax fraud
The Commission welcomes the general approach announced by the Belgian Presidency of the EU Council on the proposal for a Directive to make withholding tax procedures in the EU more efficient, secure and simplified for investors, financial intermediarie…
FASTER initiative on withholding tax to boost cross-border investment and help fight tax fraud *
European Commission Press release Brussels, 14 May 2024 The Commission welcomes the general approach announced by the Belgian Presidency of the EU Council on the Commission’s proposal for a Directive to make withholding tax procedures in the EU more ef…
Cabo Verde to benefit from a derogation to the preferential rules of origin
On 6 May 2024 the European Commission granted Cabo Verde a renewal of a derogation that gives originating status to 6 300 tonnes of fish products (tuna, mackerel, frigate tuna) produced in Cabo Verde from fish which is not of Cabo Verde origin.
Evaluation of administrative cooperation in the field of direct taxation: open public consultation and call for evidence
DAC lays down the rules and procedures for close cooperation between Member States’ tax authorities in direct taxation. It sets up a harmonised framework that allows Member States to assist each other through exchange of information as well as other fo…
Surge in oil and gas revenue drove up tax receipts in Latin America and the Caribbean in 2022
Tax revenue rose as a share of GDP on average across Latin America and the Caribbean (LAC) countries between 2021 and 2022 due partly to a sharp increase in revenue from the oil and gas sector, according to a new report.