Tag Archives: TAX

M&S and WUKA Lead Push for VAT Relief on Environmentally Friendly Period Pants

(IN BRIEF) Marks & Spencer (M&S) and WUKA have launched the “Say Pants to the Tax” campaign, seeking to exempt period pants from the current 20% Value Added Tax (VAT). The campaign, supported by various retailers, charities, politicians, and business … Read the full press release

Robeco launches new UK Tax Transparent Fund to take advantage of the unique benefits provided by a pooled investment

ROTTERDAM, 23-Jan-2018 — /EuropaWire/ — Robeco has launched a new UK Tax Transparent Fund, the Authorised Contractual Scheme (ACS). The ACS has been seeded by the Environment Agency Pension Fund (EAPF), and provides an attractive investment vehicle for institutional investors, … Read the full press release

Covestro expects EUR 85 million extraordinary income in FY 2017 due to U.S. tax reform

LEVERKUSEN, 16-Jan-2018 — /EuropaWire/ — Positive one-time effect of ca. EUR 85 million on net income expected in 2017 / Additional positive impact on coming years Covestro expects a positive one-time effect from the recently enacted U.S. tax reform on … Read the full press release

BNP Paribas Wealth Management 2018: Solid economic growth, timid inflation, less monetary support

Solid economic growth, timid inflation, less monetary support and the growing influence of new societal issues underpin the investment themes selected for 2018 by BNP Paribas Wealth Management’s strategists in the United States, Europe and Asia. These themes aim to guide … Read the full press release

Europe’s largest home improvement retailer Kingfisher plc confirmed French tax case settled in Kingfisher’s favour

16-7-2013 — /europawire.eu/ — Kingfisher plc, Europe’s largest home improvement retailer, today confirms that the Conseil d’Etat, France’s ultimate court, has considered an outstanding tax case dating back to 2003 and found in Kingfisher’s favour. There is no impact on Kingfisher’s … Read the full press release

EC reopened inquiry into the tax aid awarded to Electricité de France following Court judgment

Brussels, 3-5-2013 — /europawire.eu/ — The European Commission has reopened an inquiry into certain tax measures for Electricité de France (EDF) related to the electricity grid. This follows a judgment handed down by the Court of Justice of the European Union (Case C-124/10 P) … Read the full press release

The EC formally proposed to the Netherlands to abolish the selective tax exemption for public companies

Brussels, 3-5-2013 — /europawire.eu/ — The European Commission has formally proposed to the Netherlands to abolish the exemption from corporate tax granted to Dutch public undertakings. The Commission considers that public companies that carry out economic activities in competition with private companies … Read the full press release

The Commission sets up a Platform for Tax Good Governance

Brussels, 24-4-2013 — /europawire.eu/ — As part of its concerted drive against tax evasion and avoidance, the Commission today set up the new Platform for Tax Good Governance. The Platform will monitor Member States’ progress in tackling aggressive tax planning and clamping … Read the full press release

The European Commission to investigate the proposed UK video games tax relief

Brussels, 18-4-2013 — /europawire.eu/ — The European Commission has opened an in-depth investigation into the proposed UK video games tax relief. The objective of the measure is to provide an incentive to video games developers to produce games meeting certain cultural criteria. … Read the full press release

The European Commission, ECB and IMF comment on the conclusion of the review mission to Greece

Brussels, 15-4-2013 — /europawire.eu/ — Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded their review mission to Greece. The mission has reached staff-level agreement with the authorities on the economic and financial … Read the full press release

Commissioner Šemeta: The surge in Member States’ appetite for progress and action in the fight against evasion is extremely welcome

Dublin, 15-4-2013 — /europawire.eu/ — It’s a bit of a surprise – but a very nice one – to be here in Dublin today, and to be able to share with you the outcome of a highly engaging discussion we had on … Read the full press release

TAX EVASION AND AVOIDANCE: Questions and Answers

Annex: List of measures foreseen in the EU Action Plan

8-12-2012 — /europawire.eu/ — TAX EVASION AND AVOIDANCE: Questions and Answers. Tax Evasion Why has the Commission presented an Action Plan on Tax fraud and evasion? Every year, an estimated €1 trillion1 in public money is lost in the EU due to … Read the full press release

Statement on Financial Transaction Tax and Savings Directive

Algirdas Šemeta – Commissioner responsible for Taxation and Customs Union, Audit and Anti-fraud ECON Committee (European Parliament) Brussels, 14-11-2012 — /europawire.eu/ — Madam Chair, Honourable Members, I am very happy to have the opportunity to continue our regular dialogue on taxation. Nobody questions today … Read the full press release