Search Results for: EU commission
U.S. Warns Apple Tax Probe in Europe Could Set ‘Undesirable Precedent’
August 25th, 2016
Just weeks before the European Commission is expected to make a decision in its landmark Apple tax probe, the U.S. Treasury department has criticized the Brussels-based body for “threatening international agreements on tax reform,” and warned that a decision against ...
Nukkleus which obtained a shareholder stake in IBIH Limited the parent company of IronFX Global Group files Q2 financial report
August 22nd, 2016
Nukkleus Inc. has filled its Quarterly Report with the U.S. Securities and Exchange Commission (SEC) in the Form of FORM 10-Q/A, providing, among other, insights of the acquisition of a 9.9% shareholder stake in IBIH, as well as the acquisition ...
EU Criticizes France’s Inefficient VAT System
August 8th, 2016
The European Commission has released a paper recommending improvements to France’s “inefficient” value-added tax system, including that the country do away with broadly applying reduced VAT rates. The paper notes that France faces significant fiscal challenges; Its tax burden ...
EU Says New Zealand Not In ‘Tax Haven Probe’
August 4th, 2016
Media reports that the European Union is targeting New Zealand for investigation as a tax haven are incorrect and misleading, the EU said in a statement on August 3, 2016. The EU is currently undertaking an assessment of all ...
EU mergers and takeovers
August 2nd, 2016
Aug 2 The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — Sony Corp to buy out the Michael Jackson estate’s stake in its music publishing ...
EU considers blacklisting NZ over tax laws
August 1st, 2016
Possible EU sanctions against New Zealand could make travel harder and have a massive effect on the economy. New Zealand is under investigation by the EU as it prepares a blacklist of global tax havens, Newshub revealed on Monday ...
Is this the end of Bitcoin anonymity? EU plans database of Bitcoin Users
July 28th, 2016
The European Commission is proposing the creation of a database that will hold information on those using virtual currencies and that will record data on the users’ real-world identity, along with all associated wallet addresses. This is the first proposal ...
Jersey, Guernsey Eligible For EU Funds Passport
July 25th, 2016
The European Union securities regulator, the European Securities and Markets Authority, said there are no significant obstacles to extending the Alternative Investment Fund Managers Directive (AIFMD) passport to Guernsey and Jersey. ESMA’s view is contained in advice to the ...
EU Council adopts new rules on Corporate Tax avoidance
July 15th, 2016
On 12 July 2016, the Council adopted new rules addressing some of the practices most commonly used by large companies to reduce their tax liability. The directive is part of a January 2016 package of Commission proposals to strengthen rules ...
EU and Monaco Sign New Tax Deal
July 14th, 2016
The European Union (EU) and Monaco have signed a tax transparency agreement that will enable them to automatically exchange information on the financial accounts of each other’s residents from 2018. Under the agreement, the EU and Monaco will automatically ...
