EC's DG TAXUD publishes its 2024 work plan

Published on 8 May, EC’s DG TAXUD’s annual work plan for 2024 gives an overview of what to expect from the DG for this year.Highlights Here are some key highlights described in the introduction of this document In 2024, the Commission’s Directorate-General for Taxation and Customs Union (DG TAXUD) will continue to support the Commission’s agenda for a fairer, greener an more competitive future....

OECD updates AI Principles to stay abreast of rapid technological developments

03/05/2024 - The 2024 OECD Ministerial Council Meeting (MCM) has adopted revisions to the landmark OECD Principles on Artificial Intelligence (AI). In response to recent developments in AI technologies, notably the emergence of general-purpose and generative AI, the updated Principles more directly address AI-associated challenges involving privacy, intellectual property rights, safety, and information integrity. With 47 adherents now including the EU and a general scope...

What we learn from reading the latest annual report on tax inspectors without borders ...

This report reflets upon TIWB’s accomplishments and activities over the period from July 2022 to december 2023.More about TIWB Tax Inspectors Without Borders (TIWB) is a joint initiative of the Organisation for Economic Co-operation and Development (OECD) and the United Nations Development Programme (UNDP) supporting countries in building tax audit capacity. TIWB Programmes complement the broader efforts of the international community to strengthen co-operation on...

Parliament signs up for new EU Body for Ethical Standards : a significant first step towards fostering a common culture of integrity and ethics

​On Thursday, the European Parliament approved the creation of a new EU body to strengthen integrity, transparency, and accountability in European decision-making.The essentials - achterground > MEPs have approved agreement between eight EU institutions and bodies> A significant first step towards fostering a common culture of integrity and ethics> Common minimum ethical standards to be developed> Five independent experts to contribute to the body’s work,...

Labour taxes rise across OECD countries amid persistent inflation

A second consecutive year of high inflation pushed up labour taxes across OECD countries in 2023, according to a new OECD report. OCDE (2024), Taxing Wages 2024 : Tax and Gender through the Lens of the Second Earner, Éditions OCDE, Paris, https://doi.org/10.1787/dbcbac85-en. EndNote, Zotero, BibTeX, RefWorks, Procite, Import into RefWorks, Mendeley ​Read on Line​ ​Download this book​ ​Buy this bookAbout this report….This annual publication...

Annual increase in labour costs at 3.4% in euro area

​In the fourth quarter of 2023 the hourly labour costs rose by 3.4% in the euro area and by 4.0% in the EU, compared with the same quarter of the previous year. These figures are published by Eurostat, the statistical office of the European Union.Hourly wage costs across countries In the fourth quarter of 2023 compared with the same quarter of the previous year, the...

First green light to new bill on firms’ impact on human rights and environment

​On Tuesday, (19/03/2024), the Legal Affairs Committee approved a bill, agreed with EU governments, requiring firms to mitigate their negative impact on human rights and the environment. MEPs on the Legal Affairs Committee adopted with 20 votes for, 4 against and no abstentions new, so-called “due diligence” rules, obliging firms to alleviate the adverse impact their activities have on human rights and the environment, including...

Commission fines Apple over €1.8 billion over abusive App store rules for music streaming providers

The European Commission has fined Apple over €1.8 billion for abusing its dominant position on the market for the distribution of music streaming apps to iPhone and iPad users (‘iOS users') through its App Store. In particular, the Commission found that Apple applied restrictions on app developers preventing them from informing iOS users about alternative and cheaper music subscription services available outside of the app...

FacilitatIng border management and strengthen security : spotlight on the Advance Passenger Information (API)

​Over a billion passengers enter, leave or travel within the EU every year. The increase in the volume of travel showed the need to harmonise the way API data is collected and shared throughout the EU. The new rules will make the data available more efficiently for border and law enforcement authorities, in full respect of EU data protection standards. It will strengthen the prevention,...

EU adopts 13th package of individual and economic sanctions against Russia

​The Council adopted on 23 februari 2024 in view of the second year mark of the beginning of Russia’s full-scale invasion of Ukraine - a thirteenth package of restrictive measures against Putin’s regime, those who are responsible for perpetuating his illegal, unprovoked and unjustified war of aggression and those who are significantly supporting it.​ Which measures are now included in this new package ?...

Greenwashing: how EU firms can validate their green claims ?

Deal on EU economic governance reform

​EU co-legislators on Saturday provisionally agreed a revamp of EU economic governance making it clearer, investment friendly, more tailored to each country’s situation, and more flexible. Esther De Lange (EPP,NL) said, “ A new economic governance framework was much needed. We have taken our responsibility by ensuring that the new fiscal rules are sound and credible, while also allowing room for necessary investments.” Margarida Marques...

AI Ethics: 8 global tech companies commit to apply to UNESCO’s Recommendation

GSMA, INNIT, Lenovo Group, LG AI Research, Mastercard, Microsoft, Salesforce and Telefonica signed a ground-breaking agreement to build more ethical AI. The companies will integrate the values and principles of UNESCO’s Recommendation on the Ethics of AI when designing and deploying AI systems Download the companies’ letter of commitment: linkRecommendation UNESCO’s Recommendation on the Ethics of Artificial Intelligence was the world's first, and remains...

Deal on strengthening consumers’ right to repair

EU negotiators reached a provisional deal on a bill that aims to reduce waste and bolster the repair sector by making product repairs more accessible and cost-effective. Parliament and Council reached a political agreement on a stronger “right to repair” for consumers. The agreed rules clarify the obligations for manufacturers and encourage consumers to extend a product’s lifecycle through repairBackground The agreement on the right...

Action to ensure complete and timely transposition of EU directives

The Commission is adopting a package of infringement decisions due to the absence of communication by Member States of measures taken to transpose EU directives into national law. The Commission is sending a letter of formal notice to those Member States who have failed to notify national measures transposing directives, whose transposition deadline expired recently. This reflects a standard policy by the Commission...

Fundamental rights report finds threats to key freedoms, equality and dignity

> Key issues include media freedom, corruption, and individual liberties> EU needs to safeguard rights of women, children, LGBTIQ+, other vulnerable persons> Specific recommendations for Hungary, Poland, Greece, Cyprus, and Spain MEPs looked into the state of citizens’ rights in the EU in 2022 and 2023, identifying an array of concerns across the member states. The report on the state of fundamental rights in the...