Tag: BEFIT

Business in Europe: Framework for Income Taxation (BEFIT)

Posted on by Haptic

The European Commission adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union. EC proposal, called “Business in Europe: Framework for Income Taxation” (BEFIT), will make life easier for both businesses and tax authorities by introducing a new, single set of rules to determine the tax Read more about Business in Europe: Framework for Income Taxation (BEFIT)[…]

Business Taxation for the 21st Century

Posted on by Haptic

The European Commission has adopted a Communication on Business Taxation for the 21st century to promote a robust, efficient and fair business tax system in the European Union. It sets out both a long-term and short-term vision to support Europe’s recovery from the COVID-19 pandemic and to ensure adequate public revenues over the coming years. It Read more about Business Taxation for the 21st Century[…]