Commission

This overview highlights the Commission’s (i) proposal to reduce the VAT rate on COVID-19 vaccines and diagnostic medical devices; (ii) requests to Belgium, Luxembourg and France to amend, respectively, their rules on the exemption of savings income, inheritance tax reduction, taxation of interest received by individuals and capital gains of non-resident investment funds; (iii) reasoned opinion to Spain requesting the implementation of ATAD anti-hybrid provisions; (iv) approval of the Italian tax scheme to support agricultural cooperatives affected by the COVID-19 pandemic; (v) adoption of the 2021 Work Programme; (vi) decision to extend VAT and customs duties relief for importation of medical equipment; (vii) referrals to the ECJ of Greece, Belgium and Netherlands regarding, respectively, the tax treatment of foreign business losses, the deductibility of alimony payments and cross-border pension rules; and (viii) closure of infringement procedures against certain Member States regarding the conformity of their legislation with EU law.