Fair Taxation: Commission welcomes agreement on minimum taxation of multinationals

This article is brought to you in association with the European Commission. The Commission welcomes the unanimous agreement announced last night by the Czech Presidency of the EU Council on the Commission’s proposal for a Directive ensuring a minimum effective tax rate for large multinational groups. With this historic agreement, the EU’s pledge to be among […]

Fair Taxation: EU updates list of non-cooperative tax jurisdictions

This article is brought to you in association with the European Commission. EU Finance Ministers today updated the EU list of non-cooperative tax jurisdictions. Four countries or territories- Cayman Islands, Palau, Panama and Seychelles – have been added to the list of non-cooperative tax jurisdictions, as they failed to comply with the required standards within the […]

Reforms in a few countries drive a decline in average OECD labour taxes

This article is brought to you in association with OECD. Income tax and social security contributions declined slightly for the average worker across the OECD in 2018, driven by major reforms in a handful of countries, according to a new OECD report. Taxing Wages 2019 shows that the “tax wedge” – total taxes on labour costs […]

Tax crimes: MEPs want EU financial police force and financial intelligence unit

This article is brought to you in association with the European Parliament. The European Parliament on Tuesday adopted a detailed roadmap towards fairer and more effective taxation, and tackling financial crimes. The recommendations, adopted by 505 votes in favour, 63 against and 87 abstentions, were prepared over a year by Parliament’s Special Committee on Financial Crimes, […]

Tax crimes: special committee calls for a European financial police force

This article is brought to you in association with the European Parliament. Parliament’s special tax committee on Wednesday adopted a detailed roadmap towards fairer and more effective taxation, and tackling financial crimes. The recommendations adopted by the Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3) range from overhauling the system for dealing with […]

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