Visits: 8New rules provide the EU states’ tax authorities dealing with payments opportunities to detect VAT fraud more easily, with a particular focus on e-commerce, which is the main concern to VAT non-compliance and fraud. The issue created big holes in the states’ tax revenues that often used to support for vital public services. New […]
Category: Modern EU
European taxation for multinational companies
Visits: 13Most of the rules on corporate taxation are set by national authorities and can be different among the EU member states. New EU rules on taxation in external trade have entered into effect in January 2024 introducing a minimum rate of effective taxation of 15 percent for multinational companies active in the EU member […]
European growth model in a transitional period
Visits: 19Due to the post-pandemic and the global challenges’ consequences, the EU institutions have revised traditional socio-economic model. Modernised approach includes such new factors as green and digital transition, strengthening socio-economic recovery-resilience in the member states, climate mitigation and numerous others.
Generative AI: recent legislative effort in the EU
Visits: 14Generative artificial intelligence (GenAI, for short) is artificial intelligence capable of generating text, images or other media while using generative models. As a rule, Gen AI focuses on creating new and original content, on chat responses, designs, synthetic data, etc. GenAIs are already transforming businesses and allowing humans to be more creative and productive. […]
Funding European digital transitions in 2024
Visits: 8The Commission adopted in mid-December the amendment to the EU-wide Digital Europe Program for 2024, assigning €762.7 million in funding for the process of the European digital transitions aimed to benefit citizens, public sectors and businesses in the member states.
EU-wide plans to achieve sustainability: updating national plans
Visits: 24In December 2023, the Commission called on the member states’ governance to enhance national efforts in reducing greenhouse gas emissions and set out clearer plans on adaptation to climate change. Besides, the Commission also invited the states to better prepare for an increased uptake of renewables and to enhance energy efficiency measures.
Digital labor platforms: expected EU-wide regulation
Visits: 25Decent working conditions to people working through digital labour platforms are the aims of a new EU directive. The idea has been supported by a political agreement between the European Parliament and the EU member states on improving working conditions in platform work; the directive drafted by the Commission already in December 2021. The […]
Post-COP28: lessons and perspectives
Visits: 20After about two weeks of negotiations, the leaders of the world in Dubai, UAE have agreed on a “final deal”. For the first time in the thirty years of COPs history the political deal calls on global community to “move away” from the use of fossil fuels (coal, gas and oil), though not “phasing […]
Artificial intelligence (AI): the EU and world-wide regulatory efforts
Visits: 9Existing and potential AI’s benefits are enormous to all walks of human life, i.e. for households, business and the economy. However, the acceleration and AIs implementation brings new challenges. As the AI’s regulatory front-runner, the EU is contributing to AI governance world-wide. By setting the AI standards, the digital community can pave the way […]
European values and interests: EU-China summit’s results
Visits: 16High-level dialogues on strategic and foreign policy issues including human rights and trade, economic relations and climate, environment and digital issues, etc. have been under closer attention during the China-EU summit. It demonstrated the EU’s commitment “to be engaged” with China, as the Commission’s press release put it.