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Lithuania gets EC warning for failing to implement minimum corporate tax

The European Commission has sent an official warning to Lithuania for its delay in transferring the so-called Pillar Two. ....

European Union , European Commission , Pillar Two , Pillar Two Directive ,

Alternative investment industries and tax

Ricardo Lopez Rubio of KPMG Abogados provides an insight into the alternative investment industry and considers the impact of prospective tax changes ....

Czech Republic , Eu Council , Model Convention , European Parliament , European Court , Anti Tax Avoidance Directive , Unshell Directive , Pillar Two Directive , Danish Case , Subsidiary Directive , Royalty Directive , Pillar Two ,

Pillar Two Implementation in Luxembourg | Goodwin

On 4 August 2023, Luxembourg published a bill of law (the “Bill”) to transpose the EU directive no. 2022/2523 largely known as the “EU Minimum Tax Directive” or “Pillar Two Directive”,. ....

Effective Tax Rate , Pillar Two Directive , Income Inclusion Rule , Undertaxed Profit Rule , Qualified Domestic Minimum , Pillar Two ,

Taxation: New proposals to simplify tax rules and reduce compliance costs for cross-border businesses

The European Commission has adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union. The proposal, called “Business in Europe: Framework for Income Taxation” (BEFIT), will make life easier for both businesses and tax authorities by introducing a new, single set of rules to determine the […] ....

Valdis Dombrovskis , Paolo Gentiloni , European Commission , European Union , Pillar Two Directive , Executive Vice President ,

Taxation - new proposals to simplify tax rules and reduce compliance costs for cross-border businesses

Taxation - new proposals to simplify tax rules and reduce compliance costs for cross-border businesses
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European Commission , European Union , Member State , Pillar Two Directive ,