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24 Mar
taxation european council

Taxation: Council adopts new rules to strengthen administrative cooperation and include sales through digital platforms

The European Council has adopted (22 March) new rules to improve administrative cooperation in the field of taxation and address the challenges posed by the digital platform economy. A large and growing number of individuals and businesses use digital platforms to sell goods or provide services. However, income earned through digital platforms is often unreported […]

23 Mar
retail payments

Retail payments: Council supports action to promote instant payments and EU-wide payment solutions

Retail payments: EU member states want to make it easier for consumers to pay in shops, and to make e-commerce transactions widely available, convenient and safe across the EU. The Council yesterday (22 March) adopted conclusions that respond to the retail payments strategy for the EU presented by the Commission in September 2020. Against the […]

22 Mar
job vacancy european union

Euro area job vacancy rate at 1.9% (fourth quarter of 2020, Eurostat)

In the fourth quarter of 2020, the job vacancy rate was 1.9% in the euro area, up from 1.7% in the previous quarter and down from 2.2% in the fourth quarter of 2019, according to figures published by Eurostat, the statistical office of the European Union. The job vacancy rate in the EU was 1.8% […]

17 Mar
esma

European Parliament: AI technologies must be regulated in order to prevent discrimination and protect diversity

European Parliament: Reducing gender, social or cultural bias in AI technologies is key, said the Culture and Education Committee in a resolution adopted on Tuesday, 16 March 2021. The use of artificial intelligence (AI) technologies in education, culture and the audiovisual sector could have an impact on “the backbone of fundamental rights and values of […]

16 Mar
esma

Eurogroup statement on the euro area fiscal policy response to the COVID-19 crisis

Eurogroup statement (15 March 2021) on the euro area fiscal policy response to the COVID-19 crisis and the path forward: One year on, the world remains in the grip of the COVID-19 pandemic and we continue to focus on tackling its economic and social consequences. Our vigorous policy response at the national, euro area and […]

12 Mar
esma

Connecting Europe Facility: provisional deal on Next Generation programme

EP and Council negotiators reached today (12 March 2021) a deal to upgrade the Connecting Europe Facility and release new funds for transport, digital and energy projects for 2021-2027. A provisional agreement between Parliament and Council reached on Thursday evening sets the framework for how the funds for the Connecting Europe Facility (CEF) will be […]

11 Mar
stand-by time european court

A period of stand-by time is not necessary, in its entirety, working time

Court of Justice of the European Union. A period of stand-by time according to a stand-by system is not, in its entirety, working time unless the constraints imposed on the worker very significantly affect his or her ability to manage, during that period, his or her free time. The organisational difficulties that a period of […]

09 Mar
tax

OECD calls on countries to crack down on the professionals enabling tax and white collar crimes

Countries should increase efforts to better deter, detect and disrupt the activities of professionals who enable tax evasion and other financial crimes, according to a new OECD report. Ending the Shell Game: Cracking down on the Professionals who enable Tax and White Collar Crimes explores the different strategies and actions that countries can take against those […]

08 Mar
digital green certificate

IWD 2021: The gender dimension must be included in the COVID-19 recovery plans

MEPs, national MEPs and high-level guests discussed women’s crucial role in leading the fight against the pandemic, in an interparliamentary meeting on last Thursday (4 March 2021). At the opening of a meeting hosted by Women’s Rights and Gender Equality Chair Evelyn Regner (S&D, AT) on the occasion of International Women’s Day (IWD), EP President […]

05 Mar
taxation european council

European Council approves greater corporate transparency for big multinationals (CBCR Directive)

The EU is taking measures to enhance corporate transparency of big multinational companies. Member states’ ambassadors 3 March 2021 mandated the Portuguese presidency to engage in negotiations with the European Parliament for the swift adoption of the proposed directive on the disclosure of income tax information by certain undertakings and branches, commonly referred to as […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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