We provide you an overview of the new reporting obligations for digital platform operators arising from the EU Directive DAC7. The information should help tax authorities to ensure fair taxation of income in digital area.
A new international tax agreement on minimum taxation for multinational groups has been delayed until 2024. Implementation deadline which was originally intended in 2023 was slowed down by the discussion on ironing out technical details. France, as…
The Council of the EU discussed at its February meeting the so-called „blacklist“ update, which regularly assess the current state of play regarding cooperation in the tax area. Following this latest revision, ten new jurisdictions have been added…
On 22 December 2021, the European Commission („EC“) has published a proposal Directive „Unshell“, which sets out the rules to prevent the misuse of shell entities for improper tax purposes. The new measures will introduce a more transparent system…
While the pandemic situation is getting worse in many countries again, the work from home has never been such a hot topic. Complexity and administrative burdens have increased. Cross border mobility of employees often leads to lower levels of…
The directive introducing so-called public Country-by-Country Reporting has been published in the Official Journal of the EU and will enter into force on 21 December 2021.
On 8 October 2021, under the auspices of the OECD/G20, 137 countries (including Slovakia), have finally agreed to introduce a global minimum tax. The two-pillar framework is designed to address the tax problems arising from the digitalization of the…
The EU aims at tackling various forms of tax evasion and avoidance. One of the methods discovered was the use of digital platforms by sellers without declaring income from the respective sales. To solve this issue, digital platform operators will…
On 5 October 2021, the ECOFIN Council updated the EU list of non-cooperative jurisdictions for tax purposes. The EU has removed three countries from the „blacklist“ after the meeting. At the same time, no new jurisdictions have been added that would…
With the increased focus on business practices globally, the importance of doing business in a sustainable manner has never held greater weight than it does now. More companies are developing sustainable business practices, and investors…
On 18 May 2021, the European Commission issued a communication on „Business Taxation in the 21st Century". The document follows up on the current discussions on international tax rules and presents its own tax agenda, which aims to continue the…
Country-by-Country Reporting (CbCR) is part of the 15-point Action Plan BEPS, which aims to find a solution against aggressive tax planning and ensure that tax is paid where profits and value are actually generated. CbCR was introduced into the…