Insights

The world is increasingly focused on sustainability, and companies are being challenged to think beyond mere profit maximization. Taking responsibility for the environment and society is now high on the agenda for many businesses.

VAT rules applicable in the EU to virtual events and live-streamed activities will change from 1 January 2025. The changes will have major implications for providers of such virtual services, especially if those services are provided to final consumers

2024 is the year of truth in the world of the CSRD. Indeed, some companies are already required to submit their 2024 management report according to the CSRD reporting guidelines for the first time. For other companies, 2024 is the last year cross the t’s and dot the I’s in order to prepare for 2025, the first year of publication.

For many social organisations, such as foundations, funds, and government agencies, impact measurement seems daunting. Fortunately, there is good news: it does not have to be difficult.

Clients and contractors (freelancers) wish to be sure about the type of employment relationship they enter into with each other. They must note the work to be carried out, in an agreement to provide services or an employment contract.

This article provides an overview of the amended EU “VAT in the Digital Age” (ViDA) proposal made public on 19 June 2024. The last version includes slight changes compared to the previous version of 8 May 2024.

Sustainability and ESG (Environmental, Social, and Governance) are now crucial matters that are high on the agenda within the business world. The European CSRD and CSDDD directives are firmly in the minds of everyone (whether positively or not).

After years of negotiations, the Corporate Sustainability Due Diligence Directive (CSDDD) was adopted by the EU Member States on 24 May 2024.

New developments within the sustainability landscape, follow in quick succession: legislations, standards, concepts, methods. And with each of these developments new abbreviations and terminology get introduced.

Imagine: summer heatwaves disrupt your value chain, rising sea levels threaten your coastal facilities, stricter regulations on carbon emissions make your products less competitive. These are not scenes from a dystopian film – they are potential realities for businesses that did not prepare for climate change.

This article provides an overview of amended EU “VAT in the Digital Age” (ViDA) proposal which was made public on 8 May 2024. This proposal includes new EU VAT rules for EU digital reporting requirements (DRR) based on e-invoicing; new VAT measures for platform economy and e-commerce, and an extension of the VAT One-Stop Shop (OSS) return

As of August 1st, 2022, the Transparent and Predictable Working Conditions Act (TPWC Act) came into effect. Under this law, employers are required to offer employees free training if this training or course is mandated by law or collective labor agreements (CLA).

The Court of Justice of the European Union (ECJ) has explained how VAT applies on disposal of goods or provision of services free of charge. This article looks at the recent ECJ decisions and their implications for practice.

The Belgian presidency of the European Union will conclude in June 2024, and Hungary will take over the role until the end of the year. Considering the results of the June elections, it remains to be seen which EU direct tax initiatives will be prioritized and addressed.

Biodiversity is declining worldwide. This is currently one of the biggest challenges and one that has major consequences. Not only for our global ecosystems, but also for companies in all kinds of sectors. In fact, biodiversity plays a vital role, also for your business.

On April 18th, 2024 the Court of Justice of the European Union (ECJ) delivered a judgment in case C-68/23 (M-GbR vs Finanzamt O) clarifying the VAT treatment of vouchers. These clarifications are welcome since VAT treatment of vouchers is subject to many uncertainties. This applies even after the EU voucher directive came into force on January 1st 2019.