A new tax simplification package, unveiled Wednesday by the European Commission, is designed to simplify EU tax rules and reduce compliance burdens for businesses.
The EU Commission at a high-level meeting with the Palestinian Authority proposed a multiannual Comprehensive Support Programme worth up to €1.6 billion to foster Palestinian recovery and resilience.
New revised rules for screening foreign investments in the EU, adopted by the EU Parliament’s trade committee, identify and address security risks relating to foreign investment.
The EU Parliament has voted to postpone the application dates for new EU laws on due diligence and sustainability reporting requirements, giving the biggest companies one more year to prepare for new due diligence rules.
The EU Council has given its final green light on a set of laws to make the EU’s value added tax (VAT) rules fit for the digital age.
The EU Parliament and Council reached political agreement on a new EUR 1.9 billion facility to accelerate Moldova’s reforms, strengthen resilience, and advance its EU integration in the face of the threat from Russian aggression.
The EU Parliament gave its final go-ahead Wednesday to an update of Europe’s VAT rules, ending unfair distortion of competition by requiring VAT to be paid for services provided through online platforms.
