EU & International Developments / All

A series of measures to modernize and digitalize the EU's value added tax system.

On December 8, 2022, the European Commission issued a proposal for an extension of the Directive on Administrative Cooperation (DAC) to cover the exchange of information on crypto-assets.

On 6 December 2022, the final scheduled meeting of the Economic and Financial Affairs Council of the EU (ECOFIN Council) under the Czech Presidency of the Council took place.

KPMG’s EU Tax Centre compiles a regular update of EU and international tax developments that can have both a domestic and a cross-border impact.

Recently the OECD announced important tax and economic updates. Tax Certainty is a major theme; another is the economic challenge we face.

In the second article of our three-part series on the interest limitation rule (ILR), Gareth Bryan, KPMG Tax Partner, looks at the rules in the context of interest groups.

KPMG’s EU Tax Centre compiles a regular update of EU and international tax developments that can have both a domestic and a cross-border impact.

The EU public Country-by-Country Reporting Directive entered into force on 21 December 2021 and introduced a timeline for the adoption of rules that will require multinational groups operating in the EU and that exceed certain size thresholds to publish certain information on their tax affairs.

On 8 November 2022, the Economic and Financial Affairs Council of the EU (ECOFIN Council) agreed on a revision of the Code of Conduct for Business Taxation.