George Osborne
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The Chancellor of the Exchequer (Mr George Osborne)
A meeting of the Economic and Financial Affairs Council will be held on Brussels on 7 November 2014. Ministers are due to discuss the following items:
Revision of VAT and gross national income (GNI) own resources balances 1995 -2013
The Commission will provide information on adjustments to EU budget contributions, focusing on the revision of VAT and GNI own resources balances between 1995 and 2013.
Financial transaction tax
The Council will hold a state of play discussion on the proposal for a Council directive implementing enhanced cooperation in the area of a financial transaction tax.
Standard VAT return
The Council will hold a state of play update on the proposal for a Council Directive amending directive 2006/112/EC on the common system of value-added tax, as regards a standard VAT return.
Parent subsidiaries directive
Ministers will aim to reach political agreement on the proposal for a Council directive amending directive 2011/96/EU on the common system of taxation applicable in the case of parent companies and subsidiaries of different member states.
EU statistics
Ministers will be asked to agree the annual set of Council conclusions on EU statistics.
Preparation of the 20th conference of parties to the United Nations Framework convention on climate change (UNFCCC).
Ministers will be asked to agree a set of Council conclusions in preparation of the 20th conference of parties to the United Nations framework convention on climate change (UNFCCC), which will take place in Lima from 1 to 12 December 2014.