On Monday 12 July, the European Commission announced that its work on its digital levy proposal will be put on hold until the autumn, to support the finalisation of the agreement on international tax reform approved by the G20 Finance Ministers in Venice on Saturday 10 July (see EUROPE B12757A17).
The G20 Finance Ministers gave the green light to the technical agreement reached in early July by the G20/OECD Inclusive Framework on Tax Base Erosion and Profit Shifting (see EUROPE B12753A1)....