Despite Covid-19 still dominating government agendas, July saw a number of developments, including: a high profile win for Ireland in the Apple state aid case; the announcement that the US would impose tariffs on France in retaliation to France’s digital services tax; and publication of an ambitious new package for fairer and simpler taxation by the EU. For the first time, the OECD has published anonymised and aggregated country by country reporting statistics, which highlight the importance of investment hubs for intercompany transaction flows within multinational enterprises. Finally, the anticipated six-month deferral of the DAC 6 reporting deadline has been adopted by most EU member states, although Germany, Finland and Austria are pressing ahead with the original timelines
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Despite Covid-19 still dominating government agendas, July saw a number of developments, including: a high profile win for Ireland in the Apple state aid case; the announcement that the US would impose tariffs on France in retaliation to France’s digital services tax; and publication of an ambitious new package for fairer and simpler taxation by the EU. For the first time, the OECD has published anonymised and aggregated country by country reporting statistics, which highlight the importance of investment hubs for intercompany transaction flows within multinational enterprises. Finally, the anticipated six-month deferral of the DAC 6 reporting deadline has been adopted by most EU member states, although Germany, Finland and Austria are pressing ahead with the original timelines
If you are not a subscriber, subscribe now to read this content.
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