European Commission publishes work program for 2025

The focus of the European Commission seems to be on simplifying existing EU tax legislation and on reducing the administrative burden, as outlined by Raluca Enache and Marco Dietrich from KPMG’s EU Tax Centre.

The European Commission, on 11 February 2025, published its work program 2025 outlining its ambition to boost competitiveness, enhance security, and bolster economic resilience in the European Union (EU). From a direct tax perspective, key takeaways include: announcement of so-called "Omnibus simplification packages" aiming to reduce reporting burdens by 25 percent for all companies and 35 percent for SMEs; announcement of a proposal for a so-called "28th legal regime," which wou...

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Authors: Raluca Enache, Marco Dietrich

Published Date: 19 February 2025