G20 focus on tax breaks - EUbusiness Week newsletter 681
EUbusiness Week 681 top stories: EU vows tax reform as Juncker heads to G20; British businesses are 'overwhelmingly' pro-EU; New EU GMO food rules get European Parliament nod; EU extends ban on deep-sea shark fishing; Sweden seeks ban on synthetic marijuana after deaths; ECB picks Italian, Bulgarian, British artists for new HQ
Under pressure to deliver on growth and jobs at the G20 summit in
Brisbane this weekend, world leaders are likely to carry on rolling back
protectionist measures adopted since the global financial crisis of
But closing tax loopholes is likely to become a major focus for the meeting. With new EC head Jean-Claude Juncker under pressure over tax breaks offered to global companies when he was Luxembourg's PM, the G20 should take a serious look at making multinationals pay tax where they earn their profits.
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1. EU vows tax reform as Juncker heads to G20
The European Commission unveiled a new push to fight tax evasion on
Thursday as questions lingered over Commission head Jean-Claude
Juncker's role in enabling companies to pay less tax during his 19 years
as Luxembourg premier.
G20 host Australia slams corporate tax 'theft'
2. British businesses are 'overwhelmingly' pro-EU
The majority of British businesses would vote to stay in the EU in a
referendum, a senior business leader said on Monday as he warned that
increasing eurosceptic rhetoric risked "shutting ourselves off from the
3. New EU GMO food rules get European Parliament nod
A European Parliament committee took the first step Tuesday towards
permitting Member States to decide for themselves whether to allow the
hugely controversial cultivation of genetically modified crops.
4. EU extends ban on deep-sea shark fishing
Member States have extended their ban on deep-sea shark fishing for the
European fleet for at least another two years, with only Spain and
Portugal voting against.
5. Sweden seeks ban on synthetic marijuana after deaths
Sweden has asked the EU for the right to speed up a ban on substances
contained in a synthetic marijuana sold as "Spice" after two apparent
6. ECB picks Italian, Bulgarian, British artists for new HQ
The European Central Bank has commissioned new works from three leading
contemporary artists to adorn its spectacular new headquarters in
Welfare tourism: the EU's top court has ruled that Member States do not
have to pay welfare to EU citizens coming solely to claim benefits,
offering some welcome relief to governments under fire from anti-EU
parties on immigration.
EU names Frenchman to probe Kosovo corruption charges
Latest news from the European Court of Justice
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Inside the EU Institutions
UK: Prime Minister David Cameron's government won a bid to sign up to EU
justice measures after a bruising and dramatic row in parliament on
Britain's Major warns 'real possibility' of EU exit
Russia balks at UN support for Bosnia amid Ukraine rift
Catalan leader seeks world support for independence drive
Juncker: Commission president Jean-Claude Juncker has denied a claim
that he was the "best friend of big business," amid uproar over the huge
tax breaks top global companies enjoyed when he was Luxembourg premier.
Jerusalem should be capital of two states: Mogherini
EU, Japan ask UN to vote on North Korea war crimes probe
Moldova: Parliament on Thursday backed closer political and economic
ties between the EU and the former Soviet republic of Moldova, echoing a
deal with Ukraine that has raised EU-Russia tensions.
Debating the European Court of Auditors annual report on EU spending in 2013, MEPs said the EU should check what EU funds spent in Member States achieve, and not just that they are spent according to the rules. On Wednesday, Parliament commemorated the events of 9 November 1989, when citizens peacefully tore down the Berlin Wall and paved the way for German reunification.
17 Nov: Conference on EU Energy Policy
17 Nov: European Parliament Committee Meetings
17-18 Nov: Foreign Affairs Council
18 Nov: Launch of EU Strategy for Adriatic & Ionian region
19-20 Nov: 20th Annual GeoCAP Conference
20-21 Nov: Platform Against Poverty & Social Exclusion
21 Nov: Foreign Affairs Council
The Week Ahead
Other news on EUbusiness this week
German 'wise men' say investment not unduly weak 12-Nov
EU not planning new sanctions against Russia: Merkel 11-Nov
Catalan leader seeks support for independence drive 10-Nov
Estonia aiming to be a global e-commerce superpower 9-Nov
Global law enforcement strikes deep into 'Dark Web' 7-Nov
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19 Nov, Brussels: European Banking Federation Annual Conference
4 Dec, London: Challenges of Our Era Summit
8 Dec, London: World Congress on Sustainable Technologies
11 Dec, Rome: Horizon 2020: Management, reporting and audit
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