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...A spokesperson for the European Commission declined to comment. Additional reporting by Henry Foy in Brussels and Kana Inagaki in Tokyo...
...Amazon has won a court battle with the European Commission over €250mn in taxes, delivering a blow to efforts to crack down on favourable tax deals between member states and big companies....
...Expect tax giveaways. Click here for comprehensive FT updates on the day....
...People who reside in the US state for half the year or more pay no individual income tax, and Miami boasts a corporate income tax rate of just 5.5 per cent....
...The European Commission has previously proposed an EU-wide vaping tax but its implementation has been delayed....
...The tax revenues and anticipated job creation are one reason why states are luring in tech companies through enticing tax breaks and bespoke energy contracts....
...The commission has also had legal difficulties with other parts of its tax deal clampdown....
...The move has been seen as a vote against the state of the EV industry as a whole....
...Today, almost all EU member states are ready to apply the new rules from the start of 2024. The European Commission will continue to monitor the timely and full implementation of this crucial reform....
...While we’re on the subject of the IRS, the tax agency was blasted by bankrupt exchange FTX this week for chasing billions of dollars in tax liabilities from the collapsed trading venue....
...“Whenever the commission is ready we will move ahead, even if it means getting a small amount [of funds] suspended”, says Thomas Dermine, Belgium’s secretary of state for economic recovery, under rules that...
...The prime minister proposed changes to legislation that would essentially prevent any foreign state from owning or having influence or control over a British newspaper....
...As the dust settles on the excitement from Washington this week, we have an analysis today on some of the key aspects of the Securities and Exchange Commission’s climate disclosure rule....
...Additional reporting by Oliver Barnes in London This article and chart have been amended to reflect Lloyd’s List correcting their estimate of tax revenues to €7bn per year...
...Some member states have asked the European Commission to explore a wide ranging mobility deal with the UK covering sectors such as research and development....
...A series of policy commissions are planned, although they have yet to be convened....
...Officials also said Rome should have used the 1 per cent of GDP saved from ending energy subsidies to pay down debt instead of funding green tax credits....
...In an exemptive relief request filed with the Securities and Exchange Commission on January 29, the firm proposes extending the multi-class structure to multiple unspecified mutual funds held by a broad...
...Member states were working to implement new climate laws, he added, and the commission, the EU’s executive branch, was “laying the groundwork for Europe’s climate ambition in 2040,” he said....
...One guest at the Jiaxing event, organised by the state-owned Zhejiang Society of Metals, was feeling optimistic, however....
...Only 105 verifiers are in the EU, and six member states have none at all, TCB said....
...What to watch today European Commission president Ursula von der Leyen and EU Council president Charles Michel speak at European parliament plenary, from 9am....
...But my colleagues reveal that some member states are wary of handing Brussels more money and power on defence....
...It is not just von der Leyen, who is seeking a second term as Commission president, who wants to see more defence spending in Europe. Some would say about time....
...But in practice it is proving painfully slow to get the money out of the door, because it requires the member states to meet performance targets set by the commission....
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