Jean-Claude Juncker, President of the European Commission, just got a step closer to explaining his role in the Lux Leaks scandal. Speaking after an official visit to Luxembourg, German Member of the European Parliament, Fabio De Masi said: “It is becoming increasingly clear that powerful EU member states like Germany and France are covering aggressive […]
Vestager Opens Belgian State Aid Investigation
European Commission Competition chief, Margrethe Vestager, has opened another State aid investigation into the deals that EU tax authorities offer to certain companies – most notably to multinational corporations – that may go against EU state aid rules. This investigation will look into a system of tax exemptions offered by the Belgian tax administration through so-called […]
Best Supporting Actor, Almunia Adopts New Film Rules
European Commission Vice-President, Joaquín Almunia, has adopted revised criteria for EU state aid in favour of films and other audio-visual works. The new Cinema Communication allows aid for a wider scope of activities, highlights Member States’ discretion in defining cultural activities worthy of support, introduces the possibility to give more aid to cross-border productions and promotes film […]
Standard European VAT Return Proposed
A new standard VAT return, which can cut costs for EU businesses by up to €15 billion a year, has been proposed by the Commission today. The aim of this initiative is to slash red-tape for businesses, ease tax compliance and make tax administrations across the Union more efficient. Algirdas Šemeta, Commissioner for Taxation, said: “The […]