Press Release: Preparation of the Eurogroup and informal ECOFIN meetings, Tallinn 15-16 September 2017

Commissioner Moscovici represented the European Commission at today’s meeting of the Eurogroup. Both Vice-President Dombrovskis and Commissioner Moscovici attend the informal ECOFIN Council meetings today and tomorrow in Tallinn, Estonia. At today’s Eurogroup, Ministers held a thematic discussion on ways to increase the economic resilience of Member States in the Economic and Monetary Union (EMU) in order to better withstand internal and external shocks. Ministers were also informed about the state of play of the stability support programme for Greece. Commissioner Moscovici participated in the press conference following the Eurogroup meeting. EU Ministers will exchange views during a working lunch on deepening the Economic and Monetary Union and maximising effectiveness of EU finances. This discussion will be followed by a working session on the same topic based on the Commission’s  Reflection Paper on the deepening of the Economic and Monetary Union published in May 2017. Ministers will further debate the implications of technological innovation in the area of financial regulation as part of the Capital Markets Union. On Saturday, Ministers will hold a working session on digital economy and taxation, given the importance of adapting European tax systems to the challenges of a modern economy. The discussion comes just days after President Juncker confirmed in his State of the Union letter of intent that the Commission would come forward in 2018 with a proposal for the taxation of the digital economy. In the final working session on Saturday, the ECOFIN will look at ways to increase cost efficiency and sustainability of EU customs IT systems. Vice-President Dombrovskis will participate in the two press conferences following the ECOFIN sessions on 15 and 16 September.  (For more information: Annika Breidthardt – Tel.: +32 229 56153; Vanessa Mock – Tel.: +32 460 764687; Juliana Dahl – Tel.: +32 229 59914; Letizia Lupini – Tel.: +32 229 51958; Patrick McCullough – Tel.: +32 229 87183)

Source: European Commission

Press Release: EU economic and financial affairs ministers meet in Tallinn to discuss financial and tax issues related to innovation and the digital economy

Economic and financial affairs ministers of the EU member states will hold their informal meeting in Tallinn today and tomorrow, 15-16 September. The first gathering will be of ministers from the euro area for a Eurogroup meeting, which will be followed by a meeting for ministers and central bank governors from all EU member states to discuss strengthening the euro area and improving the use of the EU’s financial resources as well as the use of new technological solutions in the financial sector. Tomorrow, September 16, the ministers will focus on the need to modernise the EU tax system arising from developments in the digital economy. Additionally, the sustainable and cost-effective development of IT systems for the EU-wide customs union will be on the agenda as well.

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An effective and efficient Customs Union is one step closer to EU-wide digital single market

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UPDATED – Agenda: Informal Economic and Financial Affairs Council (15 – 16 September 2017)

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Agenda: Working Party on Tax Questions (Indirect Taxation – VAT) (22 September 2017)

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Press Release: Tax experts to discuss taxation of digital economy in Tallinn

A conference will be held in Tallinn on Thursday, 7 September within the framework of the Estonian Presidency of the Council of the European Union where tax experts, politicians, and scientists will discuss the present conditions in the European tax law while focusing on issues related to taxation of digital and sharing economy.

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Agenda: Working Party on Tax Questions (Direct Taxation – CCTB) (21 September 2017)

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Event: High-level seminar on long-term strategy of customs IT (Tallinn, Estonia, 29 September 2017)

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Draft Opinion: EP ITRE Committee on Towards a digital trade strategy

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Press Release: The EU wins WTO dispute challenging Brazil’s tax subsidies in the ICT, electronics and automotive sectors

In one of the most comprehensive disputes ever launched by the EU, the Panel found that numerous Brazilian tax programmes are illegal under WTO rules. The ruling states that the programmes discriminate against EU automotive, ICT and electronic products and grant prohibited import and export subsidies to Brazilian companies. The dispute also covered fiscal incentives contingent on Brazilian firms meeting certain export performance requirements.

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OPP Meeting Summary: EP ECON Committee – Value added tax obligations for supplies of services and distance sales of goods (30 August 2017)

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UPDATED – Agenda: Working Party on Tax Questions (Indirect Taxation – VAT) (6 September 2017)

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Agenda: Working Party on Tax Questions (Indirect Taxation – VAT) (13 September 2017)

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Proposal for a Council Implementing Decision authorising the Republic of Poland to introduce a special measure derogating from Article 193 of Directive 2006/112/EC on the common system of value added tax

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Agenda: EP ECON Committee Meeting (30 August 2017)

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Four tax initiatives on the table during the Estonian Presidency

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Update: Electronic Customs Coordination Group (16 June 2017)

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Event: Current issues in European tax law (Tallinn, 7 September 2017)

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Event: Exchange Summit Barcelona (Barcelona, Spain, 9-10 October 2017)

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Motion for a European Parliament resolution on preventing and detecting unfair commercial practices

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Amendments: EP ECON Committee on certain value added tax obligations for supplies of services and distance sales of goods

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Opinion of the European Economic and Social Committee on the proposals regarding value added tax obligations for supplies of services and distance sales of goods and rates of value added tax applied to books, newspapers and periodicals

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