BRIEF ON THE TAX CHALLENG ES ARISING FROM DIGITALISATION: INTERIM REPORT 2018 The challenges of the digitalisation of the economy were identified as one of the main focuses of the Base Erosion and Profit Shifting (BEPS) Action Plan leading to the 2015 BEPS Action 1 In March 2017, the G20 Finance Ministers mandated the OECD,...Read More

Grey-listed jurisdictions agree to publish their tax commitments The European Union has published the high-level political commitments made by certain countries to get themselves removed from the EU blacklist of non-cooperative jurisdictions for tax purposes. European UnionRead More

TAX TRANSPARENCY FOR INTERMEDIARIES What is the problem Recent scandals show that ‘intermediaries’ (accountants, advisers, lawyers, banks etc.) play a major part in helping big companies and wealthy individuals escape their fair share of tax in the EU. The culture of secrecy behind these tax schemes needs to change. The Commission’s proposal for new transparency...Read More

Commission welcomes adoption of far-reaching new transparency rules for tax advisers in the EU The European Commission has welcomed the political agreement reached by EU Member States today on new transparency rules for intermediaries – such as tax advisers, accountants, banks and lawyers – who design and promote tax planning schemes for their clients. The...Read More

Bahamas, Saint Kitts and Nevis added to EU blacklist The EU’s list of non-cooperative jurisdictions in taxation matters has been adjusted in the light of: commitments made by listed jurisdictions; an assessment of jurisdictions for which no listing decision had yet been taken. Moves have also been made to improve transparency in the listing process....Read More