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On May 5, 2022 on the website of the Court of Justice of the European Union (CJEU) the judgment of the CJEU in Case C-57/020, BV versus Direction départementale des finances publiques de la Haute-Savoie, (ECLI:EU:C:2022:348), was published.
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On May 5, 2022 on the website of the Court of Justice of the European Union (CJEU) the opinion of Advocate General Kokott in Case C-227/21, ‘HA.EN.’ UAB versus Valstybinė mokesčių inspekcija, (ECLI:EU:C:2022:364), was published. The question referred is whether Council Directive [2006/112], in conjunction with the principle of fiscal neutrality, is to be interpreted as prohibiting or not prohibiting a practice of national authorities under which the right of a taxable person to deduct input VAT is denied where that person, when acquiring items of immovable property, knew (or should have known) that the supplier, due to his [or her] insolvency, would not pay (or would not be able to pay) the output VAT into the State budget?
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During its meeting of May 4, 2022, the Swiss Federal Council adopted a dispatch on a Federal Act on a tonnage tax. The bill provides that profits from the operation of seagoing vessels can in future be taxed at a flat rate based on the net tonnage (loading capacity). In key areas, the proposal is based on the existing tonnage tax regulations in the EU. The tonnage tax is voluntary.
Read more: The Swiss Federal Council adopted a dispatch on a Federal Act introducing a tonnage tax
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On April 14, 2022 the OECD announced that it was seeking public comments/input on the Extractives Exclusion under Amount A of Pillar One. The consultation ran until April 29, 2022.
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On March 22, 2022 the OECD launched a public consultation on a new tax transparency framework for crypto-assets and amendments to the Common Reporting Standard. In this respect the OECD released a public consultation document concerning a new global tax transparency framework to provide for the reporting and exchange of information with respect to crypto-assets, as well as proposed amendments to the Common Reporting Standard (CRS) for the automatic exchange of financial account information between countries. The consultation period ran until April 29, 2022. On May 2, 2022 the OECD published the comments it received on this consultation.
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