The Council adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes. In addition to the 8 jurisdictions that were already listed, the EU also decided to include the following jurisdictions in its list of non-cooperative tax jurisdictions: Cayman Islands; Palau;
Tag: Base Erosion and Profit Shifting (BEPS)
State aid: Ireland gave illegal tax benefits to Apple
he European Commission has concluded that Ireland granted undue tax benefits of up to €13 billion to Apple. This is illegal under EU state aid rules, because it allowed Apple to pay substantially less tax than other businesses. Ireland must now recover the illegal aid. Commissioner Margrethe Vestager, in charge of
European Commission: The Anti Tax Avoidance Package – FAQ
1. Why has the Commission made the fight against corporate tax avoidance a priority? orporate tax avoidance deprives public budgets of billions of euros a year, creates a heavier tax burden for citizens and causes competitive distortions for businesses that pay their share. It also undermines the EU goals of growth,