Your Single Source for Global Tax
TaxSpoc Logo

European Union | VAT | Withholding Taxes

May 10, 2024

European Union: ViDA and Withholding Taxes Take a Central Stage in the Upcoming ECOFIN Meeting Agenda

ECOFIN Council Meeting of May 14, 2024 has 2 Tax related topics on Agenda

European Union: ViDA and Withholding Taxes Take a Central Stage in the Upcoming ECOFIN Meeting Agenda

Agenda highlights of Economic and Financial Affairs Council, 14 May 2024

 

Withholding taxes

The Council will seek a political agreement on a proposal to make the relief of excess withholding taxes faster and safer (FASTER). This initiative aims to help fight tax abuse and to contribute to completing the EU capital markets union by encouraging cross-border investment.

 

VAT in the digital age

The Council will seek a political agreement on the value added tax (VAT) in the digital age package. The package consists of three proposals that set out to tackle VAT fraud, support businesses and promote digitalisation.

 

Source:

 

About Authors:

LATAM | Tax Policy

How Regional Cooperation and Exchange of Information (EOI) are Driving Revenue Growth and Fairer Tax Systems.

US | Big 4

Job Cuts Hit Recently Hired and Promotion-Eligible Staff as PwC Adjusts to New Realities

UK | Transfer Pricing

Stakeholders are invited to review the draft legislation and submit their feedback by 11:59pm on 7 July 2025. The consultation follows a 2023 policy review and includes detailed supporting documents, such as explanatory notes and revised statements of practice

Egypt | Tax Policy

Through Its E-Commerce Tax Unit, the Egyptian Tax Authority Engages with Egypt’s Digital Economy and Unveils Legislative Reforms to Support Startups, Freelancers, and Non-Resident Platforms

US | Customs

Donald Trump announces sweeping new tariffs on international movie imports, calling foreign incentives a threat to U.S. film industry jobs and national security.

Egypt | VAT

Egyptian Tax Authority (ETA) Rolls Out a Transparent, Hassle-Free VAT System for Global Providers of Digital and Remote Services.

Italy | VAT

Italy Seeks Nearly €1 Billion in VAT payments from Meta, X, and LinkedIn, Targeting Transactions from 2015 to 2022

Egypt | Tax Policy

Fostering Trust, Partnership, and Business Confidence Through Fair and Efficient Tax Services

Reach your target audience

Contact us at hello@taxspoc.com

TaxSpoc Logo

Follow Us:

Taxspoc, UAB 2024. The Taxspoc is not responsible for the content of external sites.