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Europe Daily Bulletin No. 12843

1 December 2021
Contents Publication in full By article 16 / 34
ECONOMY - FINANCE - BUSINESS / Taxation
EU Council to adapt Code of Conduct against Harmful Tax Practices
Brussels, 30/11/2021 (Agence Europe)

In the light of the international corporate tax reform agreed in early October at the OECD (see EUROPE B12808A2), EU Council experts are finalising a revision of the 1997 Code of Conduct for Member States to limit harmful national corporate tax practices.

In addition to tackling very low or zero tax rates, the Code of Conduct will cover generally applicable tax features of a Member State which create opportunities for double non-taxation or that can lead to multiple use of tax benefits, in...

Contents

EU RESPONSE TO COVID-19
HEALTH: European Parliament/EU Council agreement on new tasks for European Centre for Disease Prevention and Control
HEALTH: EMA director indicates vaccines adapted to ‘Omicron’ variant could be developed within three to four months
HEALTH: EU to share at least 700 million doses of Covid-19 vaccine via Covax by mid-2022, says Ursula von der Leyen
HEALTH: MEPs support co-legislators’ interim agreement on new EMA mandate
SECURITY - DEFENCE
NATO: further use of force against Ukraine by Russia will not go unpunished, warns Mr Stoltenberg
DEFENCE: new draft ‘Strategic Compass’ should be presented by mid-January
EXTERNAL ACTION
TRADE: MEPs want to tighten rules on International Procurement Instrument
AFRICA: Covid-19 among MEPs’ priorities for the sixth AU/EU summit in February
SECTORAL POLICIES
MIGRATION: European Parliament’s Committee on Civil Liberties continues work on ‘Pact on Migration and Asylum’ with two new reports
DIGITAL: Digital Identity Wallet, Romana Jerković insists on ‘essential’ aspect of interoperability
DIGITAL: as part of ‘way forward for the digital decade’, Member States will discuss work of EU Council Presidency on 3 December
ENERGY: energy price increases, ‘Fit for 55’ package, and revision of TEN-E regulation on agenda for Member States’ ministers meeting
ENERGY: MEPs stress need to strengthen deployment of offshore renewable energy
CLIMATE/FINANCE: EU taxonomy, vagueness persists on presentation of delegated act regarding nuclear energy and fossil fuels
AGRICULTURE: European Commission authorises €686 million reimbursement to EU farmers
ECONOMY - FINANCE - BUSINESS
TAXATION: EU Council to adapt Code of Conduct against Harmful Tax Practices
BANKS: level of provisioning of Single Resolution Board against financial risks is adequate, according to European Court of Auditors
INSTITUTIONAL
COURT OF AUDITORS: “Most allegations in press article false”, says President Klaus-Heiner Lehne
COURT OF JUSTICE OF THE EU
ECB: EU Court of Justice clarifies scope of central bank governors’ immunity
EMPLOYMENT - CULTURE
EMPLOYMENT: proposals envisaged by European Commission on directive concerning platform workers would not be to France’s liking
EMPLOYMENT: 100 MEPs call for public procurement to be awarded only to employers with decent social practices
CULTURE: Commission launches interactive guide to all EU funding available to cultural operators
NEWS BRIEFS
STATE AID: prolongation of German tax exemption for flights carrying passengers to certain islands
STATE AID: European Commission approves French support for offshore wind farm
STATE AID: green light for prolongation of Polish aid scheme for electricity production from renewable energy sources
CHINA: EU requests verifiable evidence on safety of tennis player Peng Shuai
ECONOMY: inflation estimated to be 4.9% in November in euro area
ENVIRONMENT: to be sustainable, ‘green’ growth must not mean unlimited growth, says EEA
WTO: 12th Ministerial Conference of organization could be held in March 2022
HEALTH: European Parliament called upon to confirm interim agreement on health technology assessment
SOCIAL: European Labour Authority has now adopted procedures for mediating disputes
CITIES: European Commission updates brochure on Urban Agenda for the EU
ADDENDUM
SOCIAL: Portugal among signatories of letter calling for an “ambitious” directive on platform workers
CORRIGENDUM
WOMEN’S RIGHTS: European Parliament to decide on its negotiating position on pay transparency in February