News Stories Tagged 'European Commission'
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Crown Dependencies Add To Economic Substance Guidance
by Jason Gorringe, Lowtax.net, London
10 May, 2019
The UK Crown Dependencies have added to joint guidance issued in December 2018 on the economic substance requirements that are effective for accounting periods commencing on or after January 1, 2019.
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BVI Supporting Firms To Comply With Economic Substance Code
by Mike Godfrey, Lowtax.net, Washington
10 May, 2019
The British Virgin Islands financial services promotional agency BVI Finance has held educational sessions on the new draft Economic Substance Code in the BVI, London, and Hong Kong.
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EU Expands Tax Blacklist, Penalizing Non-Reformers
by Ulrika Lomas, Lowtax.net, Brussels
14 March, 2019
The EU has tripled its list of non-cooperative tax jurisdictions to include 15 countries.
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Bahamas To Enact Tax Legislation To Adopt International Standards
by Mike Godfrey, Lowtax.net, Washington
23 November, 2018
Representatives from the Bahamas Government have held a number of meetings in Brussels and Paris with the EU's Code of Conduct Group (business taxation) and the OECD to discuss the territory's efforts to comply with international standards on tax governance.
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Crown Dependencies To Ensure Firms Have Economic Substance
by Amanda Banks, Lowtax.net, London
17 August, 2018
The Crown Dependencies of Jersey, Guernsey, and the Isle of Man are consulting on proposals to require companies tax-resident in the islands undertaking specific income-generating activities to demonstrate they have sufficient "substance" in the islands
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Bahamas To Be Removed From EU Tax Blacklist
by Mike Godfrey, Lowtax.net, Washington
19 April, 2018
The Bahamas has welcomed news that it will be removed from the EU's list of non-cooperative jurisdictions for tax purposes.
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Maltese FM Concerned About EU's Digital Tax Plans
by Lorys Charalambous, Lowtax.net, Cyprus
12 April, 2018
Speaking at the recent 12th Malta Institute of Management International Tax Conference, the territory's Finance Minister, Edward Scicluna, said the EU must "move with caution" with regards its plans to rewrite the tax rules for the digital economy.
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Malta To 'Clean House' In Response To EU Criticism
by Jason Gorringe, Lowtax.net, London
28 March, 2018
Malta is to unveil a strategic plan next month to remedy reported judicial and anti-corruption shortcomings identified in a recent European Commission report.
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Gibraltar Welcomes Draft Brexit Transitional Agreement
by Amanda Banks, Lowtax.net, London
26 March, 2018
Gibraltar has welcomed its inclusion in a draft transitional agreement governing the UK's post-Brexit relationship with the EU, which was published last week.
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IoM Welcomes EU's Draft Transitional Brexit Agreement
by Jason Gorringe, Lowtax.net, London
05 March, 2018
The Isle of Man Government has welcomed the draft text of a proposed "Brexit" withdrawal agreement between the UK and EU, which was released by the European Commission last week.
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