Search Results for: EU Commission
EU Seeks Tougher Tax Rules After Offshore Accounts Scandal
April 12th, 2016
The European Union’s executive wants thousands of multinationals doing business in its 28 nations to show where they pay tax and make their profit on a country-by-country basis to be able to close loopholes many have exploited to avoid ...
EU Nations Split Over Tax Rules on Controlled Foreign Companies
April 11th, 2016
Tax debate weighs on push to pass anti-fraud package by June Panama leaks give extra incentive to EU corporate-tax campaign European Union proposals to crack down on corporate-tax avoidance are getting stuck in a fight over how to curb ...
Presentation of the ECB Annual Report 2015 to the Committee on Economic and Monetary Affairs of the European Parliament
April 8th, 2016
Vítor Constâncio, Vice-President of the ECB presented the ECB’s 2015 Annual Report. Below is the presentation as it was published: Mr Chairman, Honourable Members of the Committee on Economic and Monetary Affairs, Ladies and gentlemen, I am honoured to ...
Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security
April 7th, 2016
Commission launches discussion on future framework for stronger and smarter information systems for border management and internal security The European Commission has adopted today a Communication on Stronger and Smarter Information Systems for Borders and Security, setting out options ...
EU competition chief says unclear when Apple tax probe will be decided
April 5th, 2016
A two-year investigation into whether Apple’s (AAPL.O) tax deal with Irish authorities gave the iPhone maker an unfair advantage will take a lot longer because of the large amount of data involved, the EU antitrust chief said on Monday. ...
EU and India give new momentum to strategic partnership
April 5th, 2016
The European Union and India held their 13th Summit on 30 March in Brussels, and took steps to deepen their political and economic cooperation. International security, migration, trade and sustainable development were top of the agenda. European Commission President, ...
Greece’s Euro Future May Be Back in Play If Rescue Talks Drag On
April 4th, 2016
Creditors resume talks in Athens on bailout program review Pensions, tax policy remain obstacles, EU officials say Greece could again face the threat of being pushed into default and out of the euro if its current bailout review drags ...
While global response to BEPS is cautious, Europe is increasingly leading the drive toward implementation
March 29th, 2016
Despite recent moves to formalize global tax reform, many jurisdictions are in fact reducing corporate income tax burden and rates While Europe leads BEPS implementation, most jurisdictions are yet to respond 69% cite new transparency requirements as key implementation ...
What would ‘Brexit’ mean for Europe’s capital markets? Clifford Chance report analyses the legal and regulatory challenges
March 21st, 2016
AFME has today published a report, commissioned from Clifford Chance, which analyses the potential impact of a UK exit from the EU on Europe’s capital markets. The report, entitled “The UK Referendum: Challenges for Europe’s Capital Markets”, was written ...
These Eight EU Countries Are in the Budget Danger Zone
March 21st, 2016
When it comes to fiscal discipline in the European Union, three is the magic number. That’s a deficit limit of 3 percent of GDP, and five EU states will make the budgetary bad books this year by breaching that level, according ...
