Search Results for: European Commission
Facebook’s transfer of European Union users’ data to the United States – Court ordered investigation
October 22nd, 2015
Irish court orders investigation of Facebook data transfers to US Ireland’s High Court on Tuesday (20 October) ordered an investigation into Facebook’s transfer of European Union users’ data to the United States, to make sure personal privacy was properly ...
Tax transparency: Commission welcomes agreement on the automatic exchange of information on tax rulings
October 7th, 2015
EU Commission welcomes agreement reached by Member States on the automatic exchange of information on tax rulings The EU Commission has welcomed today’s unanimous agreement by Member States on the automatic exchange of information on cross-border tax rulings, just ...
Modernising VAT for cross-border e-commerce: Commission launches public consultation
September 29th, 2015
The European Commission has launched a public consultation to help identify ways to simplify the Value-Added Tax (VAT) payments on cross-border e-commerce transactions in the EU. The Commission is seeking to receive a wide range of views from business owners and ...
Commission presses Member States on VAT revenue collection
September 9th, 2015
VAT revenue collection has failed to show significant improvement across EU Member States according to the latest figures released by the European Commission. Based on VAT collection figures from 2013, the overall difference between the expected VAT revenue and the amount ...
Mergers: Commission clears acquisition of BG Group by Royal Dutch Shell
September 3rd, 2015
The transaction was cleared as it will not grant Shell market power in oil and gas exploration, LNG liquefaction or LNG wholesale supply. Shell will also not be able to prevent competitors from using its gas infrastructure in the ...
Financial stability: new Commission rules on central clearing for interest rate derivatives
August 10th, 2015
The European Commission has today adopted new rules that make it mandatory for certain over-the-counter (OTC) interest rate derivative contracts to be cleared through central counterparties. Mandatory central clearing is a vital part of the response to the financial ...
European Court of Justice Official Proposes Bitcoin VAT Exemption
July 17th, 2015
Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today. Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney ...
EU Commission proposes 7 billion euro loan for Greece for July
July 15th, 2015
The European Commission is proposing to give a 7 billion euro ($7.7 billion) bridge loan to Greece to cover the country’s financing needs in July using the European Financial Stability Mechanism (EFSM), according to document from the EU executive. ...
Boutique Asset Managers Focus on European Equities Thanks to Regulations
July 15th, 2015
More regulations are driving smaller niche institutional investors to the European equity markets That’s according to the latest research from Tabb Group, an equity market consultancy, who reported that boutique asset managers are increasingly losing their home country bias ...
Greece debt crisis: Tsipras appeals for European unity
July 8th, 2015
Greek Prime Minister Alexis Tsipras has called for the European Union to avoid division, as indebted Greece struggles to stay in the euro. In a sometimes stormy debate in the European Parliament, he said: “Let’s not let Europe be ...
