As of October 2021, Panama is on the EU list of non-cooperative jurisdictions for tax purposes. Multinational companies will have to disclose publicly how much tax they pay in each EU country, which will increase scrutiny of their tax practices. On 11 November MEPs will vote on a provisional agreement with the Council that would […]
VAT: Council reaches provisional agreement on simplified rules for small businesses
The Council today reached a general approach on further simplification of the VAT rules applicable to small businesses. The purpose of the new rules is to reduce administrative burden and compliance costs for small enterprises and to help create a fiscal environment which will help small enterprises grow and trade cross-border more efficiently. Businesses have […]