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  1. Legal news
    20 July 2020
    VAT exemption for data centre colocation: CJEU says 'no'
    www.twobirds.com/en/news/articles/2020/global/vat-exemption-for-data-centre-colocation-cjeu-says-no

    With its judgment of 2 July 2020 (A Oy, C-215/19), the Court of Justice considers data colocation services to be subject to VAT. Even though it is not entirely a black and white decision, most data centre colocation ...

  2. Legal news
    22 July 2020
    Belgium – New tax authorities' guidance (FAQ) for the innovation box
    www.twobirds.com/en/news/articles/2020/belgium/belgium-new-tax-authorities-guidance-faq-for-the-innovation-box

    The Belgian innovation box or 'deduction for innovation income' ("IID") allows companies to exempt 85% of their qualifying net income (licence fees, etc.) from eligible intellectual property rights (patents, copyrighted ...

  3. Legal news
    30 July 2020
    HMRC’s informal investigation powers confirmed by the Court of Appeal
    www.twobirds.com/en/news/articles/2020/uk/hmrcs-informal-investigation-powers-confirmed-by-the-court-of-appeal

    In R (JJ Management Consulting LLP and others) v Revenue and Customs Commissioners [2020] EWCA CIV 784, the Court of Appeal confirmed that HMRC are entitled to conduct an informal investigation into a taxpayer's affairs ...

  4. Legal news
    04 August 2020
    Upper Tribunal considers HMRC’s discretion to bring civil or criminal proceedings
    www.twobirds.com/en/news/articles/2020/uk/upper-tribunal-considers-hmrcs-discretion-to-bring-civil-or-criminal-proceedings

    In Lindsay Hackett v HMRC [2020] UKUT 0212 (TCC), the Upper Tribunal was asked to consider a rather unusual position taken by the taxpayer: that HMRC should have initiated criminal proceedings against him rather than ...

  5. Legal news
    28 July 2020
    UK: New clawback and penalty measures in force for COVID-19 support payments: Businesses given 90 days to correct errors
    www.twobirds.com/en/news/articles/2020/uk/new-clawback-and-penalty-measures-now-in-force-for-covid-19

    On 22 July 2020, the Finance Bill 2020 received Royal Assent and became law. The Finance Act 2020, as it is now known, contains measures to ensure that Coronavirus Job Retention Scheme ("CJRS") or other COVID-19 support ...

  6. Legal news
    29 July 2020
    UK – Brexit & DAC6: a marriage doomed to fail?
    www.twobirds.com/en/news/articles/2020/uk/uk-brexit-dac6-a-marriage-doomed-to-fail

    The 6th Directive (2018/822/EU) aiming to discourage the use of aggressive cross-border tax-planning agreements imposes a disclosure and reporting obligation on certain ‘intermediaries’ and taxpayers in regards to ...

  7. Legal news
    23 June 2020
    Belgium – Royal Decree setting out penalty scales for DAC6 infringements
    www.twobirds.com/en/news/articles/2020/belgium/belgium-royal-decree-setting-out-penalty-scales-for-dac6-infringements

    The law of 20 December 2019 implementing the DAC6 Directive (2018/822/EU) in Belgium set the maximum penalties for incomplete, late or absence of reporting. However, it authorized the King to determine the progressive ...

  8. Legal news
    29 May 2020
    DAC6 - will it fly?
    www.twobirds.com/en/news/articles/2020/global/dac6---will-it-fly

    Our Tax team look at a new EU directive which comes in force later this year, forcing intermediaries to report certain cross-border transactions. Many intermediaries in the aviation sector may not be aware of their ...

  9. Legal news
    10 July 2019
    Italy: "Growth Decree 2019" – Tax impacts for Italian entities
    www.twobirds.com/en/news/articles/2019/italy/italy-growth-decree-2019-tax-impacts-for-italian-entities

    Our tax alert will provide an outline of the main tax provisions having an impact for the Italian entities.