Commission to EU Parliament and the Council on Tax Good Governance in the EU
Communication from the Commission to the European Parliament and the Council on Tax Good Governance in the EU and beyond.
This week the Russian government had commenced the legislative process to denounce its double tax treaty with the Netherlands by submitting a bill to this effect to the Russian parliament, which is scheduled for discussion in May 2021.
US President Joe Biden has proposed sweeping global tax reforms that would limit the ability of multinational corporations to shift profits overseas, while taking steps to forge a landmark agreement on a worldwide minimum tax rate.
This week finance ministers from the G20 group of the world’s largest economies are exploring a global minimum tax on corporate profits, as part of a wider overhaul of the way international businesses are taxed, amid growing international consensus on tackling avoidance after the COVID – 19 pandemic.