Eurochambres position on simplifying the EU corporate tax framework
The European Commission’s initiative to subject existing EU tax law to a stress test is an important step towards the administrative simplification of EU corporate tax law. The current regulatory framework generates high compliance costs for up to 33 million EU companies, from small and medium-sized enterprises (SMEs) to large corporations. The proposed revision should substantially reduce these costs. Eurochambres therefore fully supports the Commission's initiative and outlines four key priorities for tax decluttering.
To ensure that this review delivers lasting results rather than one-off relief, all future initiatives to harmonise or shape tax law must be subject to a rigorous cost-benefit analysis, with compliance costs at the centre. Simplification and modernisation of the EU tax framework will promote cross-border investment and strengthen the EU's global competitiveness.
