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Tax priorities of the Czech Presidency of the Council of the European Union

Company: EY

In connection with the Czech Presidency of the Council of the European Union, the Ministry of Finance (MF) published its priorities in the ECOFIN Council.

For the area of taxation, the MF will aim in particular at the following (more details HERE):

  • simplification of the tax system and reduction of the number of unjustified tax exceptions;
  • continuing the preparation of the amendment of the Directive on the taxation of energy products and electricity and adapting it to the current climate targets;
  • simplifying and modernising VAT rules to fight tax evasion more effectively;
  • discussing the setting up of taxation of the digital economy and the implementation of the OECD global agreement on the taxation of multinational companies in the EU legal framework;
  • updating the European list of tax non-cooperative jurisdictions.

If you have any questions, please contact the EY tax team with whom you regularly work.


Karel Hronek

Tags: Finance | Politics |

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