A European Taxpayers’ Code has been released by the European Commission, which advises on principles, rights and obligations that should ideally govern relationships between taxpayers and tax administrations.

Reforms to European Union (EU) e-commerce VAT rules proposed by the European Commission include a clear declaration that VAT should be paid in the member state of the final consumer

The European Commission renewed the position on avoiding of the common approach to the use of Common Consolidated Corporate Tax Basesystem by all members of the European Union (EU).

The European Commission proposed a new system, which could help to resolve disputes relating to double taxation arising between the countries and EU members.

Just released European Union report on taxation trends noted that the corporate income tax rates of all 28 EU countries declined significantly since 2000. Today businesses pay significantly less income tax than it was at the beginning of the century.

International Ethics Standards Board for Accountants (hereinafter - IESBA) has issued a new standard “Responding to the non-compliance with the legislation and regulatory provisions” which takes effect on July 15, 2017.

Countries with a high level of living standards of population - members of the Organization for Economic Cooperation and Development began forming its own tax policy in order to further stable economic development.

Accountants from all over the world can join the public discussions of problematic issues with the European Commission, using the power of the Internet.

The European Commission discusses the future VAT rates on digital publications that are distributed via the Internet within the EU

Organisation for Economic Co-operation and Development (OECD) has prepared a document entitled “Tax planning for comprehensive economic development”, which defines the possibilities of tax policy for the development of a rational economy and comprehensive economic development.