European Union Anti-Tax Avoidance Directive
The European Union’s (EU) anti-tax avoidance directive introduces five measures combatting aggressive tax planning which are legally-binding on Member States.
The European Union’s (EU) anti-tax avoidance directive introduces five measures combatting aggressive tax planning which are legally-binding on Member States.
Whistleblowers assist in detecting and preventing corruption, however comprehensive protection of whistleblowers laws are needed. The European Commission proposed comprehensive laws which are currently under consideration.
Cryptocurrency for Tax Authorities: The current cryptocurrency taxation approaches vary widely between countries. This is concerning as cryptocurrency poses concerns of tax evasion, which tax authorities are vulnerable to due to large discrepancies between countries’ cryptocurrency tax regulations.
New corporate tax measures in Spain: General State Budget Law 2018 introduces reduction of income for intangible assets, tax credits for investments in entertainment productions, auditing powers and more.
The European Union has agreed to new rules to improve the cross-border company tax law processes (company laws in the EU). These changes aim is to improve EU company’s ability to move freely between Member States in a single market.
In 2015 the European Union introduced regulations enabling EU citizens living in Spain to nominate their home laws or Spanish laws to apply to their estate. It refers to the inheritance tax in Spain as well.