15. 3. 2023
The latest additions on EU blacklist
Following latest February update, four countries were added to the European Union’s blacklist.
Daňovky
Tax and Legal
news
26. 10. 2022
Public consultation on BEFIT, a new framework for EU corporate taxation
The European Commission announced in its communication Business Taxation for the 21st Century a proposal for a new framework for income taxation for businesses. This new proposal is known as Business in Europe: Framework for Income Taxation (BEFIT).
25. 10. 2022
EU Blacklist: Updates to the list of non-cooperative jurisdictions
Following latest update, the three Caribbean region countries were added to the European Union’s blacklist.
27. 6. 2022
EU Directive DAC7 in Slovak legislation
We provide you an overview of the new reporting obligations for digital platform operators arising from the EU Directive DAC7. The information should help tax authorities to ensure fair taxation of income in digital area.
26. 5. 2022
Update on the progress of the global minimum tax
A new international tax agreement on minimum taxation for multinational groups has been delayed until 2024. Implementation deadline which was originally intended in 2023 was slowed down by the discussion on ironing out technical details. France, as…
23. 3. 2022
Latest updates to EU list of non-cooperative jurisdictions
The Council of the EU discussed at its February meeting the so-called „blacklist“ update, which regularly assess the current state of play regarding cooperation in the tax area. Following this latest revision, ten new jurisdictions have been added…
23. 2. 2022
European Commission has proposed a directive to prevent the misuse of shell entities
On 22 December 2021, the European Commission („EC“) has published a proposal Directive „Unshell“, which sets out the rules to prevent the misuse of shell entities for improper tax purposes. The new measures will introduce a more transparent system…
26. 1. 2022
Developments in EU social security legislation
While the pandemic situation is getting worse in many countries again, the work from home has never been such a hot topic. Complexity and administrative burdens have increased. Cross border mobility of employees often leads to lower levels of…
15. 12. 2021
What implications will the public Country-by-Country Reporting have for large…
The directive introducing so-called public Country-by-Country Reporting has been published in the Official Journal of the EU and will enter into force on 21 December 2021.
18. 11. 2021
G20 Finance Ministers have agreed on new international taxation
On 8 October 2021, under the auspices of the OECD/G20, 137 countries (including Slovakia), have finally agreed to introduce a global minimum tax. The two-pillar framework is designed to address the tax problems arising from the digitalization of the…
26. 10. 2021
DAC7 – new obligations for digital platform operators
The EU aims at tackling various forms of tax evasion and avoidance. One of the methods discovered was the use of digital platforms by sellers without declaring income from the respective sales. To solve this issue, digital platform operators will…
21. 10. 2021
The European Council has published a revised list of non-cooperative jurisdictions
On 5 October 2021, the ECOFIN Council updated the EU list of non-cooperative jurisdictions for tax purposes. The EU has removed three countries from the „blacklist“ after the meeting. At the same time, no new jurisdictions have been added that would…