Finance ministers to discuss fiscal dumping inside the EU at Berlin meeting

Finance ministers to discuss fiscal dumping inside the EU at Berlin meeting

EU finance ministers will discuss how to combat harmful tax practices within the EU during their informal meeting in Berlin this weekend, according to the German presidency’s preparatory documents. Taxation is on top of the agenda of the German presidency of the Council for this semester. The efforts for setting up a digital tax and a minimum corporate tax at the global level will be part of the tax discussions on Saturday. But Germany also wants to address the fiscal dumping inside the EU, facilitated by “sweetheart deals” that some…

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UK plans to break international law in a ‘very specific and limited way’

UK plans to break international law in a ‘very specific and limited way’

The UK is preparing to break the terms of its Withdrawal Agreement with the EU if it does not secure a new trade deal with the bloc before the end of 2020, a senior government minister confirmed on Tuesday (8 September). Northern Ireland Secretary Brandon Lewis told UK lawmakers that ministers are planning to override elements of the Brexit Withdrawal Agreement in a new Internal Market bill that will be published on Wednesday. In particular, the bill appears likely to override requirements in the Protocol for new customs arrangements in…

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The European Parliament want to fill the EU budget with 110 billion euros

The European Parliament want to fill the EU budget with 110 billion euros

The European Parliament on Monday (7 September) requested to bolster the EU’s seven-year budget with around €110 billion and legally binding commitments on the introduction of new levies to finance the bloc’s €750 billion stimulus against the COVID-19 crisis,. MEPs held a new round of talks yesterday on the EU’s long-term budget for 2021-2027 with the Council of Ministers, the institution representing the EU’s 27 member states. Known as the multi-annual financial framework, or MFF, the budget discussions focused on new own resources to finance the recovery fund that was…

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