Aurore Lalucq MEP (S&D, French) proposes that the European Parliament approve the proposal amending the Directive on Administrative Cooperation in the field of taxation (‘DAC 9’) without amendments, in accordance with a simplified procedure, as part of her draft report published on Thursday 12 December.
Unveiled in October by the European Commission, this ninth version of the directive aims to transpose into Community law the OECD’s information return, which contains data enabling tax administrators to assess a multinational company’s compliance with the worldwide rules against erosion of the tax base (‘GloBE Information Return’ or GIR) (see EUROPE 13513/4). The ‘DAC 9’ is therefore part of the directive implementing Pillar II of the international tax reform on minimum taxation of companies (see EUROPE 13487/17).
The rapporteur believes that “a swift adoption by the EU Council of this proposal is essential in order to ensure that the simplified rules for reporting obligations apply in time for the first reporting, which is due to take place by 30 June 2026”.
“The Directive is expected to bring significant reductions of administrative burden, given that the central filing will only concern approximately 4,000 entities, as opposed to around 180,000 who would be required to do an individual filing in the absence of the Directive”, she added.
She notes that ‘DAC 9’ is also a tool to ensure a smoother implementation of Pillar II and that further delays would not contribute to its timely implementation.
Read the draft report: https://aeur.eu/f/eu0 (Original version in French by Anne Damiani)