Portuguese EU Presidency to focus on digital economy taxation

In particular, the Presidency will address the challenges of European taxation, including the model for taxation of the digital economy, under the principles of fairness and tax efficiency.

The Portuguese Presidency of the Council of the European Union has said that it will focus on several tax-related issues during its six-month Presidency between January and June this year.

In particular, the Presidency will address the challenges of European taxation, including the model for taxation of the digital economy, under the principles of fairness and tax efficiency.

“The aim is to ensure a fair and equitable distribution of taxation in a context of healthy competition, the strengthening of good governance mechanisms and global tax transparency, and to step up the fight against tax avoidance through non-cooperative jurisdictions,” it said.

The Presidency will seek to create the conditions for reaching a political agreement on the revision of the rules on disclosure of information concerning tax on revenues for certain companies and branches.