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Europe Daily Bulletin No. 13221

13 July 2023
Contents Publication in full By article 23 / 35
ECONOMY - FINANCE - BUSINESS / Taxation
Progress in negotiations on Pillar One of OECD agreement on taxation of multinationals
Brussels, 12/07/2023 (Agence Europe)

On Tuesday 11 July, the Organisation for Economic Co-operation and Development (OECD) announced that 138 countries and jurisdictions that are members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) have signed an Outcome Statement on Pillar One regarding the taxation of multinational enterprises.

This statement recognises the significant progress that has been made and enables countries and jurisdictions to move forward with the implementation of the major...

Contents

EUROPEAN PARLIAMENT PLENARY
BIODIVERSITY: European Parliament narrowly saves proposed regulation on nature restoration
HEALTH: future ‘European Health Union’ must prepare Union to “better prevent future health crises”, says European Parliament
DEMOCRACY: European Parliament wants European Ethics Body to be given investigative powers
HOME AFFAIRS: European Parliament once again calls for Romania and Bulgaria to be integrated into Schengen area by end of 2023
BOSNIA AND HERZEGOVINA: MEPs concerned about developments in Republika Srpska and call for sanctions against Milorad Dodik
ALBANIA: despite progress towards EU membership, MEPs call on Tirana to continue efforts on rule of law and judicial system
NEAR EAST: EU calls for resumption of security cooperation between Israel and Palestine
LEBANON: European Parliament calls for sanctions against those who undermine democratic process
CUBA: European Parliament once again calls for sanctions against Cuban government
TRANSPORT: European Parliament approves EU-Japan air service agreement
TAXATION: right/left divide in European Parliament on wealth taxation
CULTURE: European Parliament pays tribute to Milan Kundera
SECURITY - DEFENCE
UKRAINE: G7 promises security guarantees to Ukraine
SECTORAL POLICIES
ENERGY: electricity marker reform, it is still uncertain whether EU Council will be able to reach a political agreement before the summer break
ENERGY: Kadri Simson declares that Europe has moved “from responding to the energy crisis to its programme towards decarbonisation”
ENERGY: several countries present Commission with a roadmap for relaunching nuclear power in EU
JUSTICE: European Commission wants to strengthen and better harmonise victims’ rights in EU
HEALTH: HERA Invest offers €100 million for innovative solutions to health threats
HEALTH: call for measures to protect mental health of EU workers in healthcare sector
EXTERNAL ACTION
JAPAN: EU wants to take stock of its various partnerships with Tokyo and strengthen ties even further
SOCIAL AFFAIRS - EMPLOYMENT
Interview SOCIAL: for Committee of Regions, creation of ‘third’ status for digital platform workers must be avoided at all costs
INSTITUTIONAL
BUDGET: EU Council adopts its position on EU 2024 budget
ECONOMY - FINANCE - BUSINESS
TAXATION: progress in negotiations on Pillar One of OECD agreement on taxation of multinationals
COMPETITION: European Commission imposes heavy penalties on Illumina for completing its acquisition of GRAIL during an investigation and without prior authorisation
ECONOMY: European Statistical System, European Commission proposing strengthened legal framework for greater responsiveness and better coordination
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
WOMEN’S RIGHTS: directive to combat violence against women, European Parliament prepares negotiations with EU Council
COURT OF JUSTICE OF THE EU
INTELLECTUAL PROPERTY: European Commission has discretion in decision to register PGI name, according to EU General Court
NEWS BRIEFS
TRADE: EU imposes provisional anti-dumping duty on certain Chinese and Turkish steel bulb flats
COMPETITION: Commission gives go-ahead to Broadcom’s acquisition of VMware, subject to conditions
CULTURE: 1,802 culture professionals to benefit from European Commission mobility grants
EMPLOYMENT: quality traineeships, Commission launches first-stage consultation of European social partners
FINANCE: ESMA consults on proposed rules for crypto-asset service providers under MiCA regulation
DIGITAL: Amazon goes to EU General Court to challenge Commission’s designation of it as a ‘very large online platform’ for the purposes of DSA
INTELLECTUAL PROPERTY: João Negrão selected by EU Council to become next Executive Director of EUIPO
TRANSPORT: EU’s solidarity rail links with Ukraine and Moldova require a different track gauge