NEWSLETTER 03/10/2023

Simpler tax rules to cut red tape for cross-border businesses in the EU

On 12 September, the European Commission adopted a number of key initiatives to reduce tax compliance costs for cross-border businesses in the European Union. We talked to Ioanna Mitroyanni, Deputy Head of the Company Taxation Initiatives unit and to Ana Xavier, Head of the Economic analysis, evaluation and impact assessment support unit on the reasoning behind the Business in Europe: Framework for Income Taxation (BEFIT) proposal, as well as on how our initiative on establishing a Head Office Tax System for SMEs (HOT) will help companies thrive.

Carbon Border Adjustment Mechanism (CBAM) starts in its transitional phase 

On 1 October, the Carbon Border Adjustment Mechanism (CBAM) entered into application in its transitional phase.

One of the central pillars of the EU's ambitious Fit for 55 Agenda, CBAM is the EU's landmark tool to fight carbon leakage and encourage global industry to embrace greener and more sustainable technologies.

To help EU importers and non-EU installations in the practical implementation of the new rules, the Commission has made available detailed written guidance, online training materials and webinars, sector-specific factsheets and a step-by-step checklist for businesses to follow as the transitional mechanism begins.

Visit our dedicated webpage for the latest information on CBAM.

In less than a month, the EU Tax Symposium returns for its second edition. From the afternoon of 24 October to 25 October 2023, the European Parliament and the European Commission will co-host the EU Tax Symposium, with the theme "The future of taxation in the EU: challenges ahead & changes needed".

Further details on how to register, the programme and confirmed speakers can be found on our website. Seats are filling up very fast – so register now and reserve your spot.

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Customs laboratories, chemical classification and testing: new market study seeks feedback from interested parties

A new market study has recently been launched aimed at improving future calls for tenders and identifying potentially interested organisations to support the work related to the Customs Laboratories European Network (CLEN) and to update tools related to chemical tariff classification and laboratory sampling.

Take part!