Discover and read the best of Twitter Threads about #FairTaxation

Most recents (7)

1/15 📢 BREAKING: The Calcutta High Court just issued a landmark judgment impacting GST claimants nationwide. Case: Gargo Traders v. State Tax, West Bengal. Judgment delivered on June 12, 2023. #CalcuttaHighCourt #GSTJustice #GargoTraders
2/15 ⚖️ Gargo Traders, a registered taxable person, contested an order that rejected their Input Tax Credit (ITC) claim, a decision that was based on the retrospective cancellation of their supplier's GST registration. #ITC #GST
3/15 🚫 The Tax Department dismissed their ITC claim, alleging that Global Bitumen, Gargo Traders' supplier, was fake and non-existent, leading to the retrospective cancellation of its GST registration. #GlobalBitumen
Read 15 tweets
Promises made. Promises kept.

The State of the Union address sets out our agenda for Europe.

During #SOTEU 2021, President @vonderleyen outlined many initiatives relevant for Europeans.

What progress have we made on the initiatives since then? A thread 👇
🟢 European Chips Act

Without chips, there’s no digital transition, no green transition.

Our objectives are high: doubling our global market share by 2030 to 20%, and producing the most sophisticated and energy-efficient semiconductors in Europe.
#EUChipsAct
🟢 #GlobalGateway.

It stands for sustainable and trusted connections that work for people and the planet.

We will support smart investments in quality infrastructure, respecting the highest social and environmental standards globally and build partnerships of equals.
Read 14 tweets
We aim for a fairer global corporate taxation.

Today, we propose swift transposition of the international agreement on minimum taxation of multinationals.

Implementing the @OECD Agreement Pillar 2 on the minimum effective tax rate is historic global tax reform.

↓ More
@OECD Our proposal sets out how the principles of the 15% effective tax rate – agreed by 137 countries – will be applied in practice within the EU.

It is a significant step forward for our fair taxation agenda.

#FairTaxation
Implementing the @OECD agreement on minimum effective taxation into EU law is key for:

✔️fighting tax avoidance and evasion
✔️preventing a ‘race to the bottom’ with unhealthy tax competition between countries

#FairTaxation
Read 4 tweets
🚨La Commission 🇪🇺 a dévoilé sa feuille de route pour une juste fiscalité des entreprises.
15 scandales fiscaux plus tard, l’UE aurait enfin un plan contre le pillage des États par les paradis fiscaux et les grandes boîtes ?
On en est quand même loin. THREAD⤵️
#BT21 #FairTaxation
Le moment est assez propice à une réforme fiscale :
➡️Biden (pas le plus révolutionnaire d'entre nous) augmente l'impôt sur les sociétés
➡️Les besoins de financement de la relance sont énormes
➡️Un paquet de grandes boîtes ont profité de la crise pour s'enrichir
Cette communication de la Commission, prévue depuis janvier 2020, était une opportunité de tirer les leçons de la crise.
Mais elle ressemble plus à un best-of des meilleures recettes fiscales éculées de l'UE.
Read 13 tweets
In this time of reaching out across the aisle, I would like for each of you to remember that Trump did this:

Lifted the ban on the importing of elephant trophies and endangered species

Knowing that elephants are sentient animals with families who mourn their dead
Took back Bears Ears/other sacred native lands for fracking & oil

Lifted restrictions for clean water & allowed chemicals from mining, fracking, & oil to pollute the earth & waterways

Approved bear baiting/killing of hibernating bears, cubs & wolves so his own kids could hunt
Lifted bans on #chlorpyrifos which eat our human babies' brains. Google it.

Lifted restrictions on safety at chicken and pork plants. Took away protections from the farmers and gave them back to the chicken and pork sellers. Made it ok for us to eat tumors/cancer in our chicken
Read 18 tweets
Ursula von der Leyen @vonderleyen, President-elect of the European Commission, has put forward her political guidelines for the new @EU_Commission which include #CustomsUnion and #FairTaxation 👉 europa.eu/!ug74bB
"I will propose a bold package for an integrated European approach to reinforce customs risk management and support effective controls by the Member States." @vonderleyen

#CustomsUnion
"I will ensure that taxation of big tech companies is a priority. I will work hard to ensure the proposals currently on the table are turned into law." @vonderleyen

#FairTaxation
Read 4 tweets
La lutte contre l'évasion fiscale continue ! 💪

La nouvelle directive européenne 🇪🇺 de lutte contre l'évasion fiscale est entrée en vigueur le 1er janvier. Elle prévoit 3 grandes mesures à l'échelle de l'Union pour renforcer la lutte contre la planification fiscale agressive ↓
1️⃣ Prévenir les transferts de bénéfices vers des pays à fiscalité faible ou nulle 🚫

Les multinationales transfèrent parfois les bénéfices de la société mère vers des filiales dans des pays à fiscalité faible/nulle. La règle proposée les dissuadera de se livrer à cette pratique.
2️⃣ Décourager les entreprises de mettre en place des montages d'endettement artificiels

Les paiements d'intérêts sont en général fiscalement déductibles dans l'UE. La directive propose de limiter le montant des intérêts nets qu'une société peut déduire de son revenu imposable.
Read 6 tweets

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