The EACB welcomes efforts to simplify EU direct taxation rules, stressing the importance of legal certainty, proportionality and reduced administrative burden.
We are concerned with the implementation of the global minimum tax (Pillar 2), notably its complexity and high compliance costs despite often resulting in no additional tax liability. We call for clear materiality thresholds, simplification of reporting obligations and making Safe Harbour rules permanent.
The EACB also warns that uneven global implementation may create competitive disadvantages for EU businesses and supports any postponement or easing of reporting requirements.
Overall, we encourage the EU to prioritise simplification and harmonisation in corporate taxation.