Highlights in this edition:

  • ECOFIN Council reaches agreement for exchange of information by digital platforms (DAC7);
  • Commission concludes that Madeira Free Zone regime is in breach of State Aid rules;
  • Council Conclusions on Fair and Effective Taxation in Times of Recovery: support for OECD work to reach global consensus solution while ready to address the tax challenges of the digital economy in the absence of such consensus; and
  • CJ rules on recovery of input VAT on share acquisition costs for non-realized acquisitions (Sonaecom SGPS SA).