Statement of UFE and CESI on BEFIT (Business in Europe: Framework for Income Taxation)

Jan 25 2023 by

The European Commission has prepared a proposal for a directive for an EU-wide common corporate tax system (BEFIT – “Business in Europe: Framework for Income Taxation”).

It expects this to promote the competitiveness of the internal market, but also to reduce compliance costs for companies. The Commission proposal should also lead to a reduction of the administrative burden for the tax authorities of the Member States.

UFE and CESI gave a joint statement to the European Commissions consultation on Business in Europe.


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