EU Council stresses international tax cooperation and anti-evasion efforts in development financing

29 May, 2025

The EU Council released its conclusions and a press release on 26 May 2025, ahead of the 4th International Conference on Financing for Development.  The Council of the European Union has released its conclusions and a press release on 26 May

See More

EU Commission unveils strategy to streamline single market

27 May, 2025

The European Commission released a communication on 21 May 2025 outlining a strategy to strengthen and simplify the EU Single Market. The document emphasises the Single Market as a cornerstone of the EU's growth, competitiveness, and resilience,

See More

EU: European Parliament endorses revisions to EU carbon border mechanism

27 May, 2025

The European Parliament has approved changes to the EU's carbon border adjustment mechanism (CBAM), simplifying the rules and exempting 90% of importers. The European Parliament approved changes to the EU's carbon border adjustment mechanism

See More

EU:  European Council adopts UN convention on transparency for dispute settlement

26 May, 2025

The decision will increase public access to documents and hearings and include civil society in investor-state disputes under investment treaties.  The Council of the European Union adopted a decision on the conclusion of the United Nations

See More

EU to introduce flat tax on low-value imports from China

21 May, 2025

According to a Financial Times report on 20 May 2025, the EU is considering imposing a flat fee on small packages entering the bloc, mainly from China. The Financial Times reported that the European Commission shared a draft proposal for a

See More

EU council approves draft directive holding foreign traders and platforms liable for import VAT

15 May, 2025

The EU Economic and Financial Affairs Council (ECOFIN) agreed on a draft directive on 13 May 2025, introducing new VAT rules for distance sales of imported goods and import VAT. The new rules seek to improve the VAT collection on imported goods

See More

EU consults countermeasures, WTO action over US tariffs

13 May, 2025

The European Commission has announced a public consultation on possible countermeasures and WTO litigation in response to US tariffs on 8 May 2025, if ongoing EU-US negotiations do not result in a mutually beneficial outcome and the removal of the

See More

EU considers EUR 95 billion in tariffs on US if negotiations fail, targets industrial goods

09 May, 2025

The European Union is considering imposing EUR 95 billion (USD 108 billion) in tariffs on US exports if no progress is made during trade talks with the Trump administration. The proposed retaliatory measures mainly target industrial goods like

See More

EU: VAT Committee releases 126th meeting minutes on e-invoicing, IOSS implementation

08 May, 2025

The European Union's Value Added Tax Committee, on 5 May 2025, released the non-public minutes of its 126th meeting from 21 March 2025. This session focused solely on implementing the VAT in the Digital Age (ViDA) package adopted by the Council of

See More

EU publishes DAC9 directive for top-up tax information return

07 May, 2025

The EU has published the Council Directive (EU) 2025/872 of 14 April 2025 amending Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC9) in the Official Journal of the European Union on 6 May 2025. The directive

See More

EU: EEA aims for Sustainable Europe by 2050 with green tax reforms

02 May, 2025

The European Environment Agency (EEA) has released a report titled "[Imagining a sustainable Europe in 2050: Exploring implications for core production and consumption systems” on 10 April 2025. This report analyses how Europe's food, mobility,

See More

EU Parliament tax panel debates green shift, competitiveness and simplification

30 April, 2025

The European Parliament's Subcommittee on Tax Matters (FISC) organised a public hearing on "The role of tax in aligning the green transition and competitiveness" On 24 April 2025. At the hearing, experts were questioned on the role that tax

See More

EU imposes tariffs on Chinese construction equipment

29 April, 2025

The European Commission announced on 29 April 2025 that it had imposed duties of up to 66.7% on imports of Chinese construction lifts. The extra duties on Chinese mobile access equipment (MAE) will range from 20.6% to 66.7%. MAE is used to

See More

European Commission opens consultation on EU capital markets barriers

21 April, 2025

The European Commission has launched a targeted consultation to identify key barriers, including tax issues, that hinder the integration of capital markets across the EU. The consultation is part of the European Commission's Savings and Investments

See More

EU: VAT in the Digital Age (ViDA) Package goes into effect

16 April, 2025

The Council Directive (EU) 2025/516 for the EU's VAT in the Digital Age (ViDA) Package took effect on 14 April 2025, 20 days after its publication in the EU's Official Journal. The package introduces updates to the EU's VAT systems to align with

See More

European Commission provides clarity on suspension of trade countermeasures against the US

16 April, 2025

The European Commission has published a statement on 14 April 2025 providing details on the decision to suspend trade countermeasures against the United States. The pause was first announced by EU Commission President Ursula von der Leyen last

See More

EU: Council adopts DAC9 to support Pillar Two filings

15 April, 2025

The Council of the EU announced on 14 April 2025 the formal adoption of changes to the Directive on administrative cooperation in taxation (Directive 2011/16/EU) to simplify filing obligations under the Pillar 2 Directive (DAC9). The directive

See More

European Commission adopts updated regulation to enforce DAC7

11 April, 2025

The European Commission (EC) has adopted Implementing Regulation 2025/648 of 2 April 2025, introducing changes to Implementing Regulation 2015/2378, as regards the standard forms and computerised formats to be used for the mandatory automatic

See More