European Commission

The European Commission is the executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties and managing the day-to-day business of the EU.

Source: ec.europa.eu

Italy Sidesteps Sales Tax Hike With Levy On Digital Transactions

Italy Sidesteps Sales Tax Hike With Levy On Digital Transactions
Italy Sidesteps Sales Tax Hike With Levy On Digital Transactions
October 14, 2019  |  Cross-border Payments

Italy is preparing to tax digital companies to help fund its 2020 budget as it seeks different revenue streams to avoid a scheduled sales tax...

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Top News In Payments: Affirm Rolls Out New App; EU Has Questions For Facebook, Libra Association
Top News In Payments: Affirm Rolls Out New App; EU Has Questions For Facebook, Libra...
October 08, 2019  |  News

Today in the payments news roundup, Affirm has launched a new app that will let customers use the service to pay almost anywhere online or in the real world....

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EU Executive Branch Calls For More ‘Technological Sovereignty’
EU Executive Branch Calls For More ‘Technological Sovereignty’
September 30, 2019  |  Europe

The European Union’s executive branch has called for urgent action to reverse what it believes is the region’s heavy reliance on computer hardware and software...

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EU Antitrust Chief Vestager Reappointed
EU Antitrust Chief Vestager Reappointed
September 10, 2019  |  Legal & Regulation

The new European Commission (EC) has reappointed Margrethe Vestager as antitrust chief in what some are calling a surprise move, according to reports. Get the...

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Incoming EU Leaders Plan New AI, Data Use Laws 
Incoming EU Leaders Plan New AI, Data Use Laws 
September 03, 2019  |  Cross-border Payments

Evidence is being gathered on U.S. big tech companies as the European Commission prepares for new leadership, The Wall Street Journal reported on Tuesday (Sept....

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Deep Dive: Cross-Border Payments Interoperability
Deep Dive: Cross-Border Payments Interoperability
August 01, 2019  |  Smarter Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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EU Unconcerned About Deficit Of Big Tech Fines
EU Unconcerned About Deficit Of Big Tech Fines
July 23, 2019  |  Legal & Regulation

The European Commission says it isn’t concerned about the lack of major fines against tech companies during the first year of its General Data Protection...

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Onyx CenterSource Partners With Sovos On eInvoicing Expansion
Onyx CenterSource Partners With Sovos On eInvoicing Expansion
July 08, 2019  |  B2B Payments

Onyx CenterSource, a global provider of B2B payments and business intelligence solutions to the hospitality industry, announced it has partnered with tax software provider Sovos...

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