Assistant lawyer Nikola Cīparsone compiled the material.
Tax
Press release: New proposals to simplify tax rules and reduce compliance costs for cross-border businesses
Published: 12 September 2023
The European Commission adopted a key package of initiatives to reduce tax compliance costs for large, cross-border businesses in the European Union.
The proposal, “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 base of groups of companies. This will reduce compliance costs for large businesses who operate in more than one Member State and make it easier for national tax authorities to determine which taxes are rightly due.
Other
Press release: EU Solidarity with Ukraine: Commission proposes to extend temporary protection for people fleeing Russian aggression against Ukraine until March 2025
Published: 19 September 2023
The European Commission is proposing today to further extend the temporary protection for people fleeing Russia’s aggression against Ukraine from 4 March 2024 to 3 March 2025. This will provide certainty and support for more than 4 million persons enjoying protection across the EU.
Press release: EU to ban greenwashing and improve consumer information on product durability
Published: 19 September 2023
Parliament and Council have reached a provisional agreement on new rules to ban misleading advertisements and provide consumers with better product information. The agreement updates the existing EU list of banned commercial practices and adds to it several problematic marketing habits related to greenwashing and early obsolescence of goods with the aim to protect consumers from misleading practices.
Press release: Russia’s war of aggression against Ukraine: EU individual sanctions over territorial integrity prolonged for a further six months
Published: 13 September 2023
The Council decided today to prolong the restrictive measures targeting those responsible for undermining or threatening the territorial integrity, sovereignty and independence of Ukraine for another six months, until 15 March 2024.
The existing restrictive measures provide for travel restrictions for natural persons, the freezing of assets, and a ban on making funds or other economic resources available to the listed individuals and entities.
Press release: Council adoption: new EU law to modernise judicial cooperation on terrorism cases
Published: 18 September 2023
The Council gave its final green light on a new EU law that will boost the digital information exchange in terrorism cases between national authorities and Eurojust. Thanks to a more efficient exchange on investigations and the prosecution of terrorist offences, member state authorities and EU agencies will all have access to the most complete and updated information on terrorism cases.
