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Transatlantic News
Transatlantic News
20
Jun
At the Economic and Financial Affairs Council meeting the ministers agreed an amendment to EU tax rules that will close a loophole which had allowed cross-border corporations to profit from double non-taxation.
At the Economic and Financial Affairs Council meeting on 20 June the ministers agreed an amendment to EU tax rules that will close a loophole which had allowed cross-border corporations to profit from double non-taxation.
The agreed amendment to the parent-subsidiary directive (2011/96/EU) will put an end to the...
18
Jun
“TTIP: A challenge, but also an opportunity, for Europe”
The members of the European Economic and Social Committee have voted overwhelmingly in favour of a balanced EESC opinion supporting the Transatlantic Trade and Investment Partnership negotiations and calling for the benefits of TTIP to be spread evenly among businesses, workers, consumers and the public.
The EESC welcomes this partnership project and believes that a balanced agreement could support growth and job creation in the EU. A condition of this endorsement is...
18
Jun
During today’s (18.06.2014) Coreper meeting, Ambassadors of the 28 EU member states agreed on a General Approach on the Anti-Money Laundering (AML) legislative package, comprising the 4th AML Directive and the new Fund Transfer Regulation.
This agreement constitutes the negotiating mandate for the incoming Italian Presidency to conduct trilogues with the European Parliament. The agreement is important as it strengthens the rules and the tools to be used in the fight against money laundering and terrorist financing, in line with...
17
Jun
As negotiations towards an ambitious Transatlantic Trade and Investment Partnership (TTIP) move forward, the Atlantic Council is conducting research on the prospective impact of this agreement on small and medium-sized enterprises, like yours, in both the United States and European Union.
SMEs represent the vast majority of all firms in both the US and EU and account for an outsized proportion of job creation, yet they face significant barriers when attempting to export their goods and services across the Atlantic....
17
Jun
“Six themes, one continent, a journey of a lifetime”: is an apt description of the European Commission’s collection of stories by experienced travel writer, Andy Round, as he journeyed throughout Europe, delving well beneath the typical tourist veneer.
He followed fashion in more than the usual venues, experienced cities through their history and architecture, investigated the coastlines and civilizations from north to south and east to west, explored the majesty and magic of several European monarchies, participated in the wintry...
16
Jun
Labour taxes remain major source of tax revenue
The overall tax-to-GDP ratio1, meaning the sum of taxes and compulsory social contributions in % of GDP, in the EU282 stood at 39.4% in 2012, up from 38.8% in 2011. The overall tax ratio in the euro area2 (EA18) increased to 40.4% in 2012 from 39.5% in 2011. In 2013, Eurostat estimates show that tax revenues as a percentage of GDP are set to continue rising in both zones.
The tax burden varies...
12
Jun
European Commission - SPEECH/14/458 12/06/2014 | Neelie KROES, Vice-President of the European Commission responsible for the Digital Agenda at Founders' Forum | London, 12 June 2014
Too often I hear that Europe needs a Silicon Valley. We don't need one, because we have our own.
The difference is that Europe doesn't have one Valley. We have a few dozen. Spread all over Europe. It is called 'Start-Up Europe'.
Start-Up Europe is a collection of hubs with magnificent start-ups. Great ideas. Ambitious...
11
Jun
"Combining the legacy of the past with helping Europe recover from the crisis, and this with scarcer resources". This is how EU budget Commissioner Janusz Lewandowski describes the EU's 2015 draft budget as adopted by the Commission today (commitments: €145.6 billion; payments: €142.1 billion). The bulk of the commitments is for future projects that make Europe stronger economically whereas some 40% of the payments still cover EU funded projects from the 2007-2013 financial period. Also the Commission is proposing...
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