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Europe Daily Bulletin No. 12526

14 July 2020
Contents Publication in full By article 10 / 34
ECONOMY - FINANCE - BUSINESS / Taxation
Commission to unveil 25 measures for “simple and fair taxation to support economic recovery strategy”
Brussels, 13/07/2020 (Agence Europe)

Taxation will be in the spotlight this week with a burst of new measures expected. The European Commission will also present, on Wednesday 15 July, its “action plan for fair and simple taxation supporting the recovery strategy”.

The action plan, which will take the form of a communication, will contain 25 measures, the Director for Direct Taxation at the Commission’s Directorate-General for Taxation (DG TAXUD), Benjamin Angel, said on Twitter on Saturday 11 July.

What should we...

Contents

EXTERNAL ACTION
TURKEY: EU prepares stick and carrot
HONG KONG: Europeans are preparing a coordinated response to Security Act implementation
SERBIA/KOSOVO: Dialogue finally resumes after a 20-month break
VENEZUELA: Mr Borrell would like International Contact Group to assess conditions for holding parliamentary elections
SYRIA: EU welcomes adoption of UN resolution on cross-border assistance
UNITED STATES: trade sanctions against digital taxation, Europe calls for a global solution
EU RESPONSE TO COVID-19
BUDGET/ECONOMY: MEPs criticise lack of ambition in Charles Michel’s draft on MFF 2021-2027 and EU own resources
STATE AID: green light for €3.4 billion Dutch aid to KLM in context of Covid-19
HEALTH: member States invite ECDC to comment on mass screening
ECONOMY - FINANCE - BUSINESS
TAXATION: Commission to unveil 25 measures for “simple and fair taxation to support economic recovery strategy”
TAXATION: EU has a “tactical interest” in keeping two pillars of international tax reform aligned, stresses Commission
TAXATION: eighty-four millionaires call for tax increase on very wealthiest to help pay for global economic recovery
FINANCE: 16 central clearing houses successfully pass ESMA’s third stress test
BANKS: European Banking Authority recalls certain prudential banking requirements in event of a pandemic
SECTORAL POLICIES
MIGRATION: Commission wants to build tailor-made partnerships with non-Member States to break up smuggling networks
EU2020DE: Horst Seehofer wants to push forward discussions on Pact on Asylum and Migration in light of tight deadlines
EU2020DE: German Transport Minister Andreas Scheuer tells MEPs on Transport Committee to work in favour of railways
JUSTICE: Privacy Shield under threat of the ‘Schrems II’ judgment of Court of Justice of the EU
COMPANIES: Renew Europe group in European Parliament wants to strengthen European action in favour of SMEs
SPACE: Charles Michel’s budget proposals do little to reassure space sector and MEPs
ENERGY: renewables provided 40% of electricity produced in the EU in first quarter of 2020, according to Commission
ENERGY: most EU gas transmission networks are not yet ready to transport hydrogen, according to ACER
INSTITUTIONAL
RULE OF LAW: European Parliament Committee on Civil Liberties supports the idea of Mechanism covering wide range of fundamental values
SOCIAL AFFAIRS
SOCIAL: Andrea Nahles appointed special advisor to Nicolas Schmit for strengthening social dialogue
NEWS BRIEFS
BANKS: Bulgaria and Croatia to join euro area banking union from October 2020
COHESION: Covid-19 – European Commission approves amendments to operational programmes for Greece
TRADE: launch of interinstitutional negotiations on revised Regulation regarding exercise of international trade rules
DEFENCE: European Takuba task force will be ready from 15 July
ENVIRONMENT: European Parliament adopts resolution to strengthen action on chemicals and sustainability
WOMEN: PES Women calls on EU to make gender equality a precondition for receiving Recovery Plan funds
INTERNAL MARKET: UNI Europa proposes creation of specific aid fund for European retail sector after Covid-19
POLAND: incumbent president Andrzej Duda narrowly re-elected as head of country
HEALTH: European Commission to organise conference on future pharmaceutical strategy
SOCIAL: trade unions call on European Commission to act on behalf of workers in central government administrations