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1 week ago | 
news.bloombergtax.com | Saim Saeed
XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
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1 week ago | 
news.bloomberglaw.com | Saim Saeed
The European Commission is seeking input on potential barriers, including tax, to integrating the EU’s capital markets. The consultation, launched on Tuesday, is meant to inform the commission’s upcoming proposals, known as the Savings and Investments Union, to improve the EU’s financial system. “The development and integration of EU capital markets should be a market-driven process, but various barriers to that market-driven process must first be removed,” the consultation said.
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1 week ago | 
bloomberg.com | Saim Saeed
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Italian Prime Minister Giorgia Meloni visits US President Donald Trump in the White House today with tariff relief and defense cooperation at the top of her agenda. Meloni hopes that her non-confrontational approach and ideological affinity with the president could get her the assurances the European Commission has so far struggled to receive.
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1 week ago | 
news.bloomberglaw.com | Saim Saeed
The Swedish tax agency said Monday it wished e-invoicing is soon adopted nationally across the EU to better tackle VAT fraud. The agency stopped SEK 534 million ($54.9 million) in incorrect VAT reimbursements last year, it said in a statement.
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1 week ago | 
news.bloombergtax.com | Saim Saeed
The Swedish tax agency said Monday it wished e-invoicing is soon adopted nationally across the EU to better tackle VAT fraud. The agency stopped SEK 534 million ($54.9 million) in incorrect VAT reimbursements last year, it said in a statement.
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1 week ago | 
news.bloombergtax.com | Saim Saeed
Germany and the Netherlands Monday updated their tax treaty to allow cross-border employees to work from home for up to 34 days without having to pay tax on their income in either country. Workers won’t have to pay tax on the same income in both countries, and the income will only be taxed in the country where the employer is established, a Dutch government statement read.
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1 week ago | 
news.bloombergtax.com | Saim Saeed
Poland doesn’t believe the European Commission’s bills on direct tax will make much progress during the remainder of the country’s presidency of the Council of the EU, a government official said Friday.
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2 weeks ago | 
news.bloombergtax.com | Saim Saeed
A senior official at the International Monetary Fund on Thursday urged countries to keep separate tariff disputes from international tax cooperation. Speaking at the American Bar Association tax conference in Amsterdam, Marnix van Rij said he was in favor of a multilateral solution at the Organization for Economic Cooperation and Development “as long as we can keep it separate” from the trade negotiations.
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2 weeks ago | 
news.bloombergtax.com | Saim Saeed
A lobby group representing Europe’s businesses warned that the EU’s 15% minimum-tax law risks “placing European businesses at a significant structural disadvantage.” In a Monday letter to the European Commission, BusinessEurope Director General Markus Beyrer wrote “an urgent reassessment of the EU’s approach is necessary to prevent lasting economic harm, ensure a level playing field and safeguard the competitiveness of European businesses.” While the group supports the global deal for a 15%...
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2 weeks ago | 
news.bloombergtax.com | Saim Saeed
The European Commission published a technical update to its information reporting rules for digital platform operators. The commission updated its so-called DAC7 rules April 2 to lay out the kinds of statistical data required by the commission as part of the law, including joint audits, simultaneous controls, requests for notification, presence in administrative offices and feedback. DAC7, went into force in 2023, requires digital platforms to collect, verify and report details on their sellers.
