On March 11, 2022, the Swiss Federal Department of Finance published a press release announcing that the Swiss Federal Council has opened a public consultation on the implementation of the OECD/G20 minimum taxation for multinationals.

On March 10, 2022, on the website of the Court of Justice of the European Union (CJEU) the opinion of Advocate General Collins in Case C-538/20 Finanzamt B versus W AG (joined party: Bundesministerium der Finanzen) (ECLI:EU:C:2022:184), was published.

The next Economic and Financial Affairs (ECOFIN) Council is taking place on March 15, 2022. On March 7, 2022 the Dutch Minister of Finance sent an annotated agenda for this ECOFIN Council to the Dutch House of Representatives. According to this annotated agenda several tax topics will be discussed during this meeting.

According to this annotated agenda as sent by the Dutch Minister of Finance a.o. the following tax subjects are going to be discussed during the upcoming ECOFIN Council:

·     The Directive ensuring a global minimum level of taxation for multinationals in the EU (Proposal for a COUNCIL DIRECTIVE on ensuring a global minimum level of taxation for multinational groups in the Union as released on December 22, 2021); and

·     Council Conclusions on the implementation of the VAT e-commerce package.

On March 3, 2022, on the website of the Court of Justice of the European Union (CJEU) the opinion of Advocate General Pitruzzella in Case C-98/21, Finanzamt R versus W-GmbH (ECLI:EU:C:2022:160), was published.

The OECD has announced that on February 23, 2022 Bahrain deposited its instrument of ratification for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (The MLI). Romania on its turn deposited its instrument of ratification on February 28, 2022. For both Bahrain and Romani the MLI will enter into force on June 1, 2022.

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