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…
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European Commission and OECD sign agreements on the Commission’s financial contribution to the OECD IFCMA
On 10 April 2024 OECD Secretary-General Mathias Cormann and DG TAXUD Director-General Gerassimos Thomas signed two agreements paving the way for the European Commission’s financial contribution to the OECD Inclusive Forum on Carbon Mitigation Approache…
EU – Vietnam FTA: update to Harmonised System 2022
The Trade Committee of the EU-Vietnam FTA has adopted on 16 January 2024 the Decision No 2/2024 amending Annex II (the so-called ‘product-specific rules’) to Protocol 1 (the Protocol concerning the definition of the concept of ‘originating products’ an…
New data on Tax Revenues in 2022 confirms a positive momentum for capital taxes
The Data on Taxation Trends released today show that nominal tax revenues in the EU reached a record value in 2022.
Commission launches targeted consultation to get feedback on the rules governing tax dispute resolution in the EU
On 12 March 2024, the European Commission launched a targeted consultation giving stakeholders the chance to give feedback on the functioning of the EU’s framework to help resolve cross-border tax disputes for businesses and citizens in relation to dou…
Guarantee Management System (GUM)
On 11 March 2024, a new release of the Customs Decisions System will be deployed to implement GUM 1. The GUM System will enable the granting and management of the authorisations for comprehensive guarantees and the monitoring of the guarantees, except …