Recording below / Download presentation here Dear friends, dear interested, Since the 1st of January, the trade agreement between the EU and the UK is in force. The more than 1,200-page treaty was finally agreed upon on Christmas Eve and provisionally put into force by the 27 EU member states in order to prevent even […]
Things are moving forward: the EU will extend cooperation between national tax authorities to digital sales platforms
Dear friends and all those who are interested, Especially in the Corona crisis, more and more sales transactions are taking place via digital platforms such as Amazon or EBAY. But digital platforms lead to mass tax evasion and unfair competition. This is precisely where the EU is now taking remedial action. In future, tax information […]
EIOPA report on insurance rules: Denial of reality regarding interest rates and government bonds continues
EIOPA has today published its opinion on the upcoming review of the European insurance rules called Solvency II. The European Commission is planning to propose amendments to the current regime in summer 2021 and had asked EIOPA for a broad assessment of the current framework. The rules have significant consequences for the stability of the […]
NPL Action Plan: Insufficient protection for borrowers and taxpayers
Today, on 16 December 2020, the European Commission has presented its new action plan on non-performing loans (NPLs). It is the Commission’s latest effort to deal with the elevated level of NPLs which have been plaguing banks in many member states ever since the European debt crisis. The new push comes ahead of a potentially […]
ECB gives in to lobby demands: Banks may resume dividend despite massive public support
Yesterday evening, on 15 December 2020, the ECB decided to relax the dividend freeze that had been in place since March for the large European banks under its supervision. The ECB had previously recommended banks to refrain entirely from distributing profits and buying back shares during the crisis. Due to a lack of legal powers, […]
Petition Digital Tax Now! – Local shops close, while Amazon & Co make huge profits: the digital tax must come now!
Sign right here: https://www.change.org/digitaltax-now Dear friends, dear interested, It is truly bitter: In many countries, local retail shops have to close before Christmas because of the Corona pandemic. This pandemic is bringing many shops to the brink of their existence. Entire city centres are threatened with economic extinction. And now, of all people, the tax […]