ECOFIN discusses digital taxation

On 17 May 2019, the Council of the European Union (the Council or ECOFIN) held a meeting where they discussed digital taxation and also updated the European Union (EU) list of non-cooperative jurisdictions for tax purposes (the EU List). The meeting outcomes document published by the Council notes that significant progress was also made in the negotiations of measures to improve the business environment for goods subject to excise duty.

In relation to digital taxation, the Council discussed current international tax reforms with a view to preparing for the upcoming Organisation for Economic Co-operation and Development (OECD) and G20 leaders’ meetings.

Source: EY