Eurochambres position on the simplification of the Directive on Global Minimum Tax (Pillar Two)

European companies are disproportionately burdened by the Global Minimum Tax Directive (Pillar Two) at a time when major competing economies have not adopted equivalent rules.
Eurochambres calls on the European Commission and member states to act with urgency: the EU must fundamentally simplify and, where necessary, suspend the application of Directive 2022/2523 until a genuinely level international playing field is restored. Doing so is essential to protect the competitiveness of European business, reduce compliance costs, and deliver on the EU's own commitment to cut administrative burdens.