Suchen

In July 2021, the European Commission tabled a proposal to establish a new EU authority to counter money laundering and the financing of terrorism (AMLA). This was part of a legislative package aimed at implementing the 2020 action plan for a comprehensive Union policy on preventing money laundering and the financing of terrorism. The AMLA would be the centre of an integrated system, composed of the authority itself and national authorities with an AML/CFT supervisory mandate. It would also support ...

Blockchain and its applications, in particular cryptocurrencies, have grabbed the headlines, but many people still do not know how they work. This briefing provides an overview of the uses and challenges of this technology, based on published information. Blockchain originated as part of the enabling digital ledger technology (DLT) developed at the end of the 20th century. DLT works as a digital database containing information (as a record book or ledger) that can be simultaneously used and shared ...

At a time when global and cross-border crises are highlighting the interconnections between health, environment, peace, food security and energy sufficiency, notions such as externalities, public goods and biodiversity boundaries are gaining renewed interest, as a strong grasp of the various aspects of challenging situations becomes essential to help frame policy responses. The notion of externalities is about asking whether all elements have been accounted for in price setting. When this is not ...

Die Anpassung der Steuersysteme an die Globalisierung und die Digitalisierung war in den letzten Jahrzehnten in internationalen Foren und in der EU Gegenstand von Diskussionen und Reformen. Eines der Ziele besteht darin, dafür zu sorgen, dass große multinationale Unternehmen (MNU) auf die Einkünfte, die in jedem Land, in dem sie tätig sind, erzielt werden, ein Mindestmaß an Steuern zahlen. Auf globaler Ebene wurde im vergangenen Oktober innerhalb des inklusiven Rahmens der Organisation für wirtschaftliche ...

The coronavirus pandemic and its financial and economic consequences have caused a major economic downturn, and the European Union (EU) has moved rapidly to respond with monetary and fiscal policy measures. The fiscal policy instruments deployed include the adaptation of State aid rules to the exceptional circumstances to allow Member States to support their economies by means of direct or indirect intervention. From a competition law point of view, measures that constitute State aid are in principle ...

The need to do more to mitigate climate change resulting from emissions of greenhouse gases (GHGs), in particular in terms of pricing, is widely accepted. Several countries around the globe are either planning to implement or have introduced carbon-emission pricing measures (i.e. taxing or internalising negative externalities), with varying scope (upstream, downstream), coverage (sector exclusions) and boundaries (subnational or national areas). The objective is to reduce emissions in line with medium-term ...

Environmental taxation is one way of encouraging a shift towards more eco-friendly choices; employed in combination with the other instruments available, it can help bring about the adjustments required to tackle the environmental and climate challenges facing us today. The aim of environmental taxation, in principle, is to factor environmental damage, or negative externalities, into prices in order to steer production and consumption choices in a more eco-friendly direction. Environmental taxation ...

Durch Änderungen des MwSt.-Regelungsrahmens für den elektronischen Geschäftsverkehr wurde für den grenzüberschreitenden Handel zwischen Unternehmen und Verbrauchern das Prinzip der Besteuerung im Bestimmungsland eingeführt. Für die Überprüfung der Einhaltung der Mehrwertsteuervorschriften und die Bekämpfung von Mehrwertsteuerbetrug im elektronischen Geschäftsverkehr ist es entscheidend, dass die Online-Unternehmen, die Verbrauchern in anderen Mitgliedstaaten Waren und Dienstleistungen anbieten, identifiziert ...

Broadly speaking, 'tax havens' provide taxpayers, both legal and natural persons, with opportunities for tax evasion or avoidance, while their secrecy and opacity also serves to disguise the origins of the proceeds of illegal and criminal activities. One might ask why establishing a list of tax havens or high-risk countries is useful. Drawing up such lists began with action to end harmful tax practices arising from the discrepancy between the global reach of financial flows and the geographically ...

Action to fight corporate tax avoidance has been deemed necessary in the OECD forum and has received further impetus through the G20/OECD Base erosion and profit shifting action plan (known as BEPS). The 2015 BEPS action plan has 15 actions, covering elements used in corporate tax-avoidance practices and aggressive tax-planning schemes. The implementation of the BEPS action plan was designed to be flexible, as a consequence of its adoption by consensus. Recommendations made in BEPS reports range ...