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Europe Daily Bulletin No. 12885

8 February 2022
Contents Publication in full By article 20 / 24
NEWS BRIEFS / Taxation
OECD launches public consultation on a first building block under Pillar One of international tax reform agreement

07/02/2022 (Agence Europe) – On Friday 4 February, the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting launched a public consultation on the draft model rules (amount A, nexus and revenue sourcing) to be applied by companies covered by Pillar One of the international tax reform, agreed in October 2021 (see EUROPE B12808A2). The public consultation will take place in stages, with the release of Secretariat working documents on each building block. However, the draft...

Contents

SECTORAL POLICIES
INDUSTRY: European Commission expected to propose two regulations
ENERGY: against a backdrop of tensions with Russia, EU and Washington show their willingness to strengthen their cooperation on energy issues
AGRICULTURE: Julien Denormandie defends European framework for issuing valuable carbon credits
ENVIRONMENT: EU prepares its position to promote negotiation of a binding agreement on plastic pollution at UN
ENVIRONMENT: environmental taxes must shift from revenue generation to environmental and climate objectives, says EEA
DIGITAL: French authorities announce European legislative initiative to protect 'digital commons’
DIGITAL: DMA, Andreas Schwab wants no concessions from European Parliament during negotiations with EU Council
HOME AFFAIRS: agreement on new Europol mandate welcomed in European Parliament, except by The Left, which will vote against, and Greens/EFA
CLIMATE: ETS revision, three think tanks call for total elimination of free allowances by 2030
EXTERNAL ACTION
AFRICA: preparations for EU/AU Summit are intensifying in EU Member States and in European Parliament
UNITED STATES: Blinken and Borrell show unity on Ukraine-Russia issue
SECURITY - DEFENCE
DEFENCE: Europe must continue to play its full part in fight against terrorism, says Florence Parly
ECONOMY - FINANCE - BUSINESS
ECB: likelihood of inflation stabilising at our medium-term target has increased, says Lagarde
ECONOMY: European Commission to unveil 2023 fiscal guidelines in March
FINANCE: European supervisory authorities set out their recommendations for ensuring a regulatory framework fit for digital age
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
RULE OF LAW: MEPs want to make European Commission’s annual reports more effective
NEWS BRIEFS
COLOMBIA: EU to observe legislative and presidential elections
ENERGY: work begins in EU Council on second part of ‘Fit for 55’ package
SPACE: new programme plan is planned for Copernicus
TAXATION: OECD launches public consultation on a first building block under Pillar One of international tax reform agreement
IRAN: negotiations on Iran’s nuclear programme resume on 8 February in Vienna
SOCIAL: European Commission proposes €4 million from EGF for Selecta workers made redundant in France
VENEZUELA: International Contact Group supports judicial reform that would strengthen fairness of future elections
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