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Image header Agence Europe
Europe Daily Bulletin No. 13487
Contents Publication in full By article 17 / 21
ECONOMY - FINANCE - BUSINESS / Taxation

Nine jurisdictions, including one EU Member State, sign OECD convention to implement minimum taxation on multinational businesses

On Thursday 19 September, nine jurisdictions signed the new OECD convention implementing the Subject to Tax Rule (STRR) under Pillar Two of the international reform on the minimum taxation of multinational businesses (see EUROPE B13484A22). The purpose of this agreement is to protect the tax base of developing countries (see EUROPE B13270A23).

The signatories are Barbados, Belize, Benin, Cape Verde, Indonesia, the Democratic Republic of the Congo, Romania, San Marino and Turkey. Ten other...

Contents

Russian invasion of Ukraine
UKRAINE: from Kyiv, Ursula von der Leyen announces further Macro-Financial Assistance of €35 billion
SECTORAL POLICIES
TRANSPORT: European ministers want to improve connectivity and mobility using revenue from economic competitiveness
TRANSPORT/INDUSTRY: Hungarian minister János Lázár does not want to jeopardise car manufacturing sector
INTERNAL MARKET: twenty EU Member States set out guidelines for future Single Market strategy
FISHERIES: Oceana calls for more information to be provided on origin of seafood processed in EU
HEALTH: European Commission extends authorisation for Mpox vaccine to teenagers
ENERGY: in 2024, 29% more solar capacity will be installed worldwide than in previous year, according to Ember
CONSUMERS: European toys and daily products industry is concerned about increase in non-compliant products available on European market
PRESENTATION OF THE ‘VON DER LEYEN II’ COMMISSION
JUSTICE/RULE OF LAW: Michael McGrath to work on protecting democracy, simplifying legal framework for businesses and strengthening Rule of law
HEALTH: Hungary’s Olivér Várhelyi must win over European Parliament to become next Commissioner for Health
SECURITY - DEFENCE
NATO: Jens Stoltenberg warns against isolationism
EXTERNAL ACTION
ASEAN: EU allocates €2.2 million in humanitarian aid to Myanmar, Vietnam, Philippines and Laos affected by Typhoon Yagi
SOCIAL AFFAIRS - EMPLOYMENT
SOCIAL/EMPLOYMENT: social investment boosts employment and reduces risk of poverty, says new European Commission report
SOCIAL: European social partners from five sectors of activity and public administrations strengthen prevention of violence at work
INSTITUTIONAL
BUDGET: EU Council adopts rules simplifying implementation of EU budget
FUTURE OF EU: Hungarian Presidency of EU Council intends to hold two ministerial debates on future of EU
ECONOMY - FINANCE - BUSINESS
TAXATION: nine jurisdictions, including one EU Member State, sign OECD convention to implement minimum taxation on multinational businesses
EDUCATION - YOUTH - CULTURE - SPORT
EDUCATION: ‘Von der Leyen II’ Commission – European University Association is concerned about separation of education, research and innovation
NEWS BRIEFS
RULE OF LAW: a hearing on situation in Poland will be held under Hungarian Presidency of EU Council, and on Hungary under Polish Presidency
CIVIL PROTECTION: EU activates its civil protection mechanism for Czech Republic and Poland following floods in Central Europe
SRI LANKA: EU Election Observation Mission deploys 32 short-term observers to all electoral districts