The blog by Sincro: The power of information

02 Jan
European Union rules tax corporations

New EU rules to eliminate the main loopholes used in corporate tax avoidance come into force on 1 January 2019

As of 1 January 2019, all Member States shall apply new legally binding anti-abuse measures that target the main forms of tax avoidance practiced by large multinationals. Pierre Moscovici, Commissioner for Economic and Financial Affairs, Taxation and Customs, said: “The Commission has fought consistently and for a long time against aggressive tax planning. The battle […]

12 Sep

European Commission: Stronger anti-money laundering supervision for a stable banking and financial sector

The European Commission is proposing today, 12 September 2018, to further strengthen the supervision of EU financial institutions to better address money-laundering and terrorist financing threats. While the EU has strong anti-money laundering rules in place, recent cases involving money laundering in some EU banks have raised concerns that those rules are not always supervised […]

12 Jul

European Comission: growth is set to remain strong in 2018 and 2019, at 2.1% this year and 2% next year in both the EU and the euro area

European Commission has presented today, July 12, the Summer 2018 Interim Economic Forecast. According to this report, growth is set to remain strong in 2018 and 2019, at 2.1% this year and 2% next year in both the EU and the euro area. However, after five consecutive quarters of vigorous expansion, the economic momentum moderated […]

13 Jun

Spain, among the top ten EU countries in digital literacy and development

Spain has taken a big leap in digital literacy and development. According to a press releases published by Marca España, our country stands tenth in the 2018 ranking of the Digital Economy and Society Index (DESI), the barometer of digital performance published by the European Commission. In 2014, when the ranking was first published, we […]

10 May

European Comission: Country Report Spain 2018 (economic growth exceeds expectations)

The European Comission has issued the Country Report Spain 2018, in which deals the Spanish economic situations, financial market indicators, labour market, future estimations… According to the report, economic growth continued exceeding expectations in 2017. The volume of GDP finally surpassed its pre-crisis peak in the second quarter of 2017, and growth remained robust in […]

03 May

Spring 2018 Economic Forecast (European Union): Expansion to continue amid new risks

According to a press released issued today, May, 3, by European Comission, growth rates for the EU and the euro area beat expectations in 2017 to reach a 10-year high at 2.4%. Growth is set to remain strong in 2018 and ease only slightly in 2019, with growth of 2.3% and 2.0% respectively in both […]

24 Apr
Aplicación de la nueva rebaja de impuestos

Whistleblower protection: European Commission sets new EU-wide rules

Recent scandals such as Dieselgate, Luxleaks, the Panama Papers or the ongoing Cambridge Analytica revelations show that whistleblowers can play an important role in uncovering unlawful activities that damage the public interest and the welfare of our citizens and society. In this sense, the European Commission is proposing a new law to strengthen whistleblower protection […]

15 Mar

European Commission adopts proposals for a European Labour Authority and for access to social protection

On past Tuesday, March, 13, the European Commission is taking more concrete new initiatives to further deliver on the European Pillar of Social Rights. More specifically, the Commission presents its proposal for a European Labour Authority, as announced by President Juncker in his 2017 State of the Union address, as well as an initiative to […]

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Sincro’s blog is designed to provide daily information on labour, fiscal and economic news. We do not provide free advice nor do we answer personalized queries that come to us through the blog. If you need advice, do not hesitate to contact our Team of Experts to request a quote.

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