The VAT Package, which the EU's Economic and Financial Affairs Council adopted in February 2008, includes fundamental changes to the current VAT system with regard to cross-border supplies of services, especially with regard to business-to-business transactions, reveal Gotz Neuhahn, Joachim Eggers and Susanne Wieser-Duyfjes of PricewaterhouseCoopers
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The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
New French legislation should create a more consistent legal environment for taxing gains from management packages, say Bruno Knadjian and Sylvain Piémont of Herbert Smith Freehills Kramer