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Commission recommends not granting financial support to companies with links to tax havens

tax oasis

14.7.2020 – The European Commission recommended to Member States  not to grant financial support to companies with links to countries that are on the EU’s list of non-cooperative tax jurisdictions. Restrictions should also apply to companies that have been convicted of serious financial crimes, including, among others, financial fraud, corruption, non-payment of tax and social [...]

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New rules to tackle corporate tax avoidance

tax oasis

The Commission has welcomed today’s agreement by Member States on their general approach for far-reaching new rules to eliminate the most common corporate tax avoidance practices. First proposed by the Commission in January, these legally-binding rules were agreed swiftly to spur global efforts to clamp down on aggressive tax planning. They are particularly timely given [...]

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