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Rajendra Nayak

Bob van der Made When it presented its annual Commission Work Programme for 2015 on December 16 2014, the European Commission (EC) stated that it would also clamp down on tax evasion and tax avoidance to ensure that taxes are paid in the country where profits are generated. Initially, the Juncker Commission's priorities focused heavily on the theme of 'jobs and growth'. However, under pressure from the European Parliament and media reports in the third quarter of 2014, the Commission has made the fight against tax evasion and avoidance one of its top political priorities for 2015. A number of important legislative and non-legislative EC initiatives have therefore been rolled out from March onwards. On March 18 2015, the EC published a new 'tax transparency package' consisting of three elements.

Jelena Zivkovic On January 1, the Montenegrin Minister of Finance, Radoje Zugic announced that the crisis tax will remain in effect in 2015, but the rate at which it is levied will be reduced from 15% to 13%. This measure is temporary, and mentions that all earnings of €482.41 net (€720 gross) are taxed at the rate of 9% and the earnings exceeding this amount will be taxed at a rate of 13 %. This amount can be paid by the employer or employees, depending on the company's policy.

Chris Harker

Ramazan Biçer

Mario Ortega Calle

Ministers of culture from France, Germany, Italy and Poland have demanded the EU evolves its legislation to allow e-books to be taxed in the same way as physical books.

Taxpayers may have plenty to fear if next week’s Tenth Circuit case concerning the so-called Amazon tax goes in favour of Colorado, as it could lead other states to implement similar rules to cash in on the verdict, massively increasing US compliance burdens for online traders, as well as hitting their profits.

See who has done the tax work on this month’s biggest deals

This month, Keith Brockman, global tax director at Mars, lecturer and author of the Strategizing Multinational Tax Risks blog, runs the rule over issues of transfer pricing risk determination, focusing on transparency and the benefits of increased levels of authority reciprocity.