25 March 2019
News from Accountancy Europe - March 2019
Speaking at a conference on taxation organised by the think-tank Bruegel, Commissioner Moscovici hinted that he would consider using enhanced cooperation if Member States fail to agree on the digital services tax (DST) at the upcoming 12 March ECOFIN meeting...
20 February 2019
News from Accountancy Europe - February 2019
The European Commission has published its long-awaited Communication proposing to move to qualified majority voting (QMV) on tax files, thus replacing the current practice of Member States deciding by unanimity.
23 January 2019
News from Accountancy Europe - January 2019
Commission proposes legislative amendments to improve VAT for e-commerce and anti-fraud measures...
13 December 2018
News from Accountancy Europe - December 2018
Accountancy Europe published a document on the Modernising VAT
The document provides an overview of current EU initiatives in respect of VAT, for persons with a working knowledge of the European VAT system...
26 November 2018
News from Accountancy Europe - November 2018
Worth re-iterating is the Commission’s intention to publish in January - February 2019 a non-legislative initiative to identify areas on tax to move to qualified majority voting - rather than the current unanimity decision making on all tax files. Such a move is in theory permitted under the Lisbon Treaty (using the so-called “passerelle clause”), but it would require a unanimity of member states’ parliaments to pass. Needless to say, at this stage it appears unlikely...
29 October 2018
News from Accountancy Europe - October 2018
The European Commission has published latest figures (from 2016) on VAT gap in the EU in a new report. The Commission also published a helpful table summarising the VAT gap situation in the EU...
19 September 2018
News from Accountancy Europe September 2018
Luxembourg has adopted a new VAT grouping regime (article 11 of Directive 2006/112/EC refers). It replaces a previous regime which was restricted to entities only engaged in activities in the public interest...
15 August 2018
News from Accountancy Europe - August 2018
The Second Chamber of the CJEU has ruled that the VAT Directive and the principle of the neutrality of VAT must be interpreted as not precluding a body governed by public law from being entitled to a right to adjustment of VAT deductions paid on immovable property acquired as capital goods in a situation where, at the time of the acquisition of those goods...
19 July 2018
News from Accountancy Europe - July 2018
The ECON Committee has voted on its non-binding opinion on the Commission proposal for better VAT administrative cooperation, including provisions concerning the certified taxable person (CTP). The file is led by the MEP Roberts Zile (ECR/LAT)...
20 June 2018
News from Accountancy Europe June 2018
ECON hearing on VAT administrative cooperation - 16 May 2018...