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14 July 2021

Tax Bites Podcast: The Fit for 55 package: (R)evolution in Green Taxation!

The increased importance of green taxation cannot be overstated. On 14 July, the European Commission published its ambitious Fit for 55 package. This package fits into the broader initiative of reforming the EU tax landscape, announced by the Commission in May of this year.  Join our podcast for an overview of the most relevant tax

12 July 2021

Tax Bites Podcast: Global minimum taxation – US vs. EU what to expect?

Global minimum taxation has been front page news since an agreement was reached by the G7 recently. It sounds simple as a concept, but different views and approaches around the world make it far from easy to navigate. In this podcast we’ll discuss the expectations of a global minimum tax in the EU and the

7 July 2021

Tax Bites Podcast – What does a future-proof tax reporting function look like?

What does a future-proof tax reporting function look like?   There are many things to consider for the tax reporting process and all deliverables linked to it. With automation on everyone’s lips, what trends do we see and how are companies dealing with increasing complexities when operating at international level? What tools are out there

7 July 2021

Home working expense allowance – update

On 1 July 2021 an addendum (Circular 2021/C/62) was issued to the Circular 2021/C/20 of 26 February 2021 on employer contributions for home office work. The Circular 2021/C/20 of 26 February 2021 discusses the tax system for employer contributions for home office work. According to this Circular, employers may grant employees who structurally and regularly

4 July 2021

OECD Inclusive Framework agrees on two-pillar Approach for International Tax Framework

On 1 July 2021, the Inclusive Framework (IF) announced an agreement backed by 130 (out of 139) members of the Inclusive Framework on the two-pillar approach. This approach redesigns the international tax framework. Here’s a summary of the main points of the agreement: Pillar one Pillar One is intended to re-allocate the taxing rights of

1 July 2021

Important update on payments to tax havens for assessment year 2021

Companies making direct or indirect payments to recipients established in so-called tax havens are required to report these payments where they in total exceed EUR 100,000 during the taxable period. A tax haven is defined as a country that does not effectively or substantially apply the standard on exchange of information on request (so-called OECD