Author (Corporate) | Council of the European Union: General Secretariat |
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Series Title | Press Release |
Series Details | 05.12.17 |
Publication Date | 05/12/2017 |
Content Type | News |
Further information: The Council agreed with the input provided by the European Union this far to discussions at international level on the taxation of profits in the digital economy. It highlights the urgency of agreeing on a policy response at international level. It calls for close cooperation with the OECD and other international partners. It also suggests that the concept of 'virtual permanent establishment' be explored, together with amendments to the rules on transfer pricing and profit attribution. As concerns action at EU level, the Council calls on the Commission to assess thoroughly all options mentioned in the conclusions, including possible temporary measures. Background information: These conclusions serve as a reference for further work on the subject at EU level, including legislative proposals put forward by the European Commission going forward. + (Informal) Economic and Financial Affairs Council, 15-16 September 2017 The Council of the European Union adopted on 5 December 2017 a set of conclusions on the international debate regarding the taxation of profits in the 'digital economy'. |
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Source Link | http://www.consilium.europa.eu/en/press/press-releases/2017/12/05/digital-taxation-council-agrees-input-to-international-discussions/ |
Subject Categories | Taxation |
Countries / Regions | Europe |
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