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Review of the EU legislation for 07/05/2025

Council Directive (EU) 2025/872 This Directive amends the existing EU rules on administrative cooperation in taxation, specifically Directive 2011/16/EU. Its core function is to establish a framework for the automatic exchange of information necessary for the new global minimum level of taxation for multinational groups, commonly known as the Pillar Two rules (introduced by Directive…

Amendments to the Customs Convention on the International Transport of goods under cover of TIR carnets (TIR Convention 1975)

Here is a description of the provisions of the provided text: These amendments update the Customs Convention on the International Transport of Goods under Cover of TIR Carnets (TIR Convention 1975). The TIR Convention is a key international agreement that simplifies and secures international road transport by allowing goods to move across borders under customs seal…
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