New EU rules to eliminate the main loopholes used in corporate tax avoidance come into force on 1 January

The Commission welcomes the entry into force of new rules to eliminate the most common corporate tax avoidance practices. As of 1 January 2019, all Member States shall apply new legally binding anti-abuse measures that target the main forms of tax avoidance practiced by large multinationals. Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and … Continue reading New EU rules to eliminate the main loopholes used in corporate tax avoidance come into force on 1 January

Realism and justice needed to shape future immigration system

The rule of law depends on an immigration system that is fair and fit for purpose, the Law Society of England and Wales said, following publication of the government’s Immigration White Paper. “Britain’s future immigration system must be as fair, robust and transparent as it is streamlined,” Law Society president Christina Blacklaws said. “The root … Continue reading Realism and justice needed to shape future immigration system

Antitrust: European Commission fines Guess €40 million for anti-competitive agreements to block cross-border sales

The European Commission today fined the clothing company Guess €39 821 000 for restricting retailers from online advertising and selling cross-border to consumers in other Member States ("geo-blocking"), in breach of EU competition rules. Commissioner Margrethe Vestager, in charge of competition policy, said: "Guess' distribution agreements tried to prevent EU consumers from shopping in other Member States … Continue reading Antitrust: European Commission fines Guess €40 million for anti-competitive agreements to block cross-border sales

EU-Japan trade agreement on track to enter into force in February 2019

The European Commission welcomes today's approval in the European Parliament of the EU-Japan Economic Partnership Agreement and the EU-Japan Strategic Partnership Agreement. The trade agreement negotiated by the Commission is the first ever to include an explicit reference to the Paris climate agreement. It will create an open trading zone covering 635 million people and … Continue reading EU-Japan trade agreement on track to enter into force in February 2019

Digital Single Market: New EU rules allow Europeans to shop online without borders

On 3rd of December 2018 the new regulation proposed by the European Commission in May 2016 to end unjustified geo-blocking online will enter into force. Europeans will not have to worry about a website blocking or re-routing them just because they, or their credit card, come from a different country. Wherever they are in the … Continue reading Digital Single Market: New EU rules allow Europeans to shop online without borders

WTO reform: EU proposes way forward on the functioning of the Appellate Body

Today, the EU together with other members of the World Trade Organisation (WTO) - Australia, Canada, China, Iceland, India, Korea, Mexico, New Zealand, Norway, Singapore and Switzerland – unveiled a proposal for concrete changes to overcome the current deadlock in the WTO Appellate Body. The proposal will be presented at the meeting of the WTO … Continue reading WTO reform: EU proposes way forward on the functioning of the Appellate Body

EU Anti-fraud proposals not going far enough, say Auditors

The proposed changes of the European Anti-Fraud Office (OLAF) will not be sufficient to make its investigations significantly more effective, according to an Opinion published today by the European Court of Auditors. In addition, while the proposal reflects well the principles of co-operation between OLAF and the future European Public Prosecutor’s Office (EPPO), certain issues could … Continue reading EU Anti-fraud proposals not going far enough, say Auditors