Consultations - January
date: 13/01/2023
Business in Europe: Framework for Income Taxation (BEFIT) will propose a comprehensive solution for business taxation in the EU
This initiative aims to introduce a common set of rules for EU companies to calculate their taxable base while ensuring a more effective allocation of profits between EU countries, based on a formula. It will also aim to reduce compliance costs and create a coherent approach to corporate taxation in the EU.
Feedback and consultation period: 13 October 2022 - 26 January 2023
![](https://ec.europa.eu/newsroom/repository/document/2023-2/haveyoursay_9PdhVheh8OGxW1lBdQXTZkAs_93009.png)