ECON Committee hosted Elisabeth Svantesson, ECOFIN President and Minister for Finance of Sweden, on 24 January. The minister presented Sweden’s priorities for the country’s 6-month Presidency (see article below), including taxation.
The minister listed the main tax priorities. One focus is the Unshell Directive. The Council made progress on the technical analysis of the proposal last year and intended to continue that work. On VAT, they aim to take the newly presented VAT in the digital age package forward. Sweden considers this proposal crucial as the EU is estimated to lose EUR 93 billion annually, a significant part of it due to VAT fraud.
Another vital file concerns DAC 8. This will be an essential step to stop tax evasion. Svantesson hopes they could conclude negotiations during their term by July.
Source Accountancy Europe
