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Europe Daily Bulletin No. 13420

31 May 2024
Contents Publication in full By article 21 / 40
ECONOMY - FINANCE - BUSINESS / Taxation
Implementation of minimum corporate taxation impedes discussions on ‘BEFIT’ initiative at EU Council
Brussels, 30/05/2024 (Agence Europe)

On Tuesday 28 May, the EU Council’s Working Party on direct taxation discussed the Business in Europe: Framework for Income Taxation (BEFIT) initiative.

The European Commission presented the initiative in detail to Member State experts and explained the technical points. According to our information, Member States have asked numerous questions about the implications of this text for the implementation of pillar II of the OECD agreement on the minimum level of taxation of companies.

The...

Contents

Russian invasion of Ukraine
ENERGY: European energy ministers continue their work on a definitive phase-out of Russian fossil fuels
SECTORAL POLICIES
ENERGY: EU Council gives final green light to withdrawal and modernisation of Energy Charter Treaty
ENERGY: Germany to abolish gas storage neutrality charge following appeals from Austria, Hungary, the Czech Republic and Slovakia
ENERGY: Germany and France agree on a joint action plan to exploit potential of flexible energy systems
ENERGY: Berlin, Vienna and Rome sign joint declaration of intent to accelerate establishment of hydrogen corridor connecting three countries
ENERGY: rapid deployment of clean technologies makes energy cheaper, according to new report from International Energy Agency
AGRICULTURE: European Commission clarifies support for farmers in event of exceptional weather events
HEALTH: medical devices, EU Council adopts new rules to help prevent shortages
HEALTH: European organisations call on EU to put an end to smoking
ENVIRONMENT: EU Council approves amendment to regulation banning use of mercury-based dental products
ENVIRONMENT: Commission announces winners of ‘Natura 2000’ Award for 2024
DIGITAL: European start-up associations call for greater integration of European single market to foster innovation
RESEARCH: EIC launches third edition of its corporate partnership programme
EXTERNAL ACTION
TRADE: EU27 attempt to find common line on trade policy
ISRAEL: on a trip to Israel, Mr Várhelyi meets Mr Netanyahu and Mr Gallant, both subject of requests for arrest warrants from ICC Prosecutor
HONG KONG: EU denounces conviction of 14 people in ‘Hong Kong 47’ case
SOCIAL AFFAIRS
Interview SOCIAL/EMPLOYMENT: Esther Lynch believes there are real risks for workers’ rights in getting close to far-right parties
INSTITUTIONAL
EU2024HU: future Hungarian Council Presidency’s priorities are migration, Ukraine, competitiveness, defence, and demography
EP2024
EP2024: Viktor Orbán reaffirms that he wants Fidesz MEPs to join ‘ECR’ group in European Parliament
ECONOMY - FINANCE - BUSINESS
MONEY LAUNDERING : EU Council adopts strengthened rules and approves creation of a European agency
TAXATION: implementation of minimum corporate taxation impedes discussions on ‘BEFIT’ initiative at EU Council
ECB: Christine Lagarde answers Paul Tang’s questions on climate concerns in context of monetary policy
FINANCE: insurance industry calls on European Union to prioritise implementation of Capital Markets Union
FINANCE: Europe’s stock exchange industry advocates five key reforms for more competitive EU capital market by 2030
COMPETITION: European Commission unconditionally approves KKR’s acquisition of NetCo for wholesale broadband access services
FUNDAMENTAL RIGHTS - SOCIETAL ISSUES
FUNDAMENTAL RIGHTS: political participation of people with disabilities, European Union Agency for Fundamental Rights takes stock before elections
FUNDAMENTAL RIGHTS: European Disability Forum welcomes achievements of European Parliament’s Disability Intergroup
COURT OF JUSTICE OF THE EU
DIGITAL: Court of Justice of EU reaffirms principle of free movement of services in e-commerce
CONSUMERS: EU Court of Justice clarifies concept of ‘online order with obligation to pay’
NEWS BRIEFS
HOME AFFAIRS : in fight against corruption, European Commission launches a €3 million call for projects
BANKS: EU Council adopts ‘Basel III’ legislative package
ECB: ECB publishes list of members of digital euro Rulebook Development Group
TRADE: EU Council adopts tariff increases on certain Russian and Belarusian agricultural products
CONSUMERS: EU Council approves Right to Repair Directive
CULTURE: European Commission and Europa Nostra announce 26 winners of 2024 European Heritage Awards
EDUCATION: Erasmus+, European Commission launches a new initiative for faster and easier access to statistical data
COMPANIES: EFRAG publishes new technical explanations on sustainability reporting standards
HONDURAS: first bilateral consultations with EU
MIGRATION: EU Council approves a new agreement between Frontex and Serbia
CSDP: Rolf Holmboe’s term as head of EUAM Ukraine extended