Search Results for: European law
Eurojust supports international operation against tax evasion through sham contracts
January 26th, 2024
Eurojust has supported the competent authorities in Germany, Estonia, Latvia, Lithuania and Poland in a coordinated action against a group of suspects allegedly involved in tax evasion through sham contracts with foreign subcontractors. During an operation on 10 October, ...
Cryptojacker arrested in Ukraine over EUR 1.8 million mining scheme
January 26th, 2024
The National Police of Ukraine (Національна поліція України), with the support of Europol, has arrested an individual believed to be the mastermind behind a sophisticated cryptojacking scheme. The 29-year-old individual was apprehended in Mykolaiv, Ukraine, on 9 January. Three ...
Cyprus government mulling reduced VAT for basic necessities
April 21st, 2023
It is unclear how effective government machinations to reduce the VAT on necessary goods will be, following reports on Wednesday that authorities are looking to completely axe tax on items like bread, milk, and baby food. Commenting on the ...
Online spending volume has expanded in the past few years
April 14th, 2022
Online spending volume has expanded in the past few years, with the value of digital payments worldwide expected to grow at a compound annual growth rate (CAGR) of 15% between 2021 and 2028. This includes both business-to-business (B2B) and ...
Poland blocks EU directive to implement global corporate tax deal
April 14th, 2022
Poland vetoed on Tuesday (5 April) a compromise proposal for an EU directive that would implement the internationally agreed 15% minimum effective taxation rate for large multinationals. With its veto, the Polish government frustrated the French EU Presidency’s goal ...
One of the world’s biggest hacker forums taken down
April 14th, 2022
The illegal marketplace ‘RaidForums’ has been shut down and its infrastructure seized as a result of Operation TOURNIQUET, a complex law enforcement effort coordinated by Europol to support independent investigations of the United States, United Kingdom, Sweden, Portugal, and ...
Beware over Covid-19 business email fraud
August 27th, 2021
Europol, the European Union’s law enforcement agency, has recently published a media release to inform that a sophisticated fraud scheme using compromised emails and advance-payment fraud has been uncovered by authorities in Romania, the Netherlands and Ireland as part ...
Commission starts legal action against 23 EU countries over copyright rules
August 4th, 2021
France, Spain, Italy and 20 other EU countries may be taken to court for their tardiness in enacting landmark EU copyright rules into national law, the European Commission said on Monday as it asked the group to explain the ...
Data protection: Commission adopts adequacy decisions for the UK
July 13th, 2021
The Commission has today adopted two adequacy decisions for the United Kingdom – one under the General Data Protection Regulation (GDPR) and the other for the Law Enforcement Directive. Personal data can now flow freely from the European ...
Inflation, asset and consumer prices
June 25th, 2021
“The Fed finds itself between a rock and a hard place: either it keeps inflating or the whole confidence-based valuation of financial assets collapses. Either it raises interest rates or the dollar collapses.” There has been occasional speculation ...
