Subcommittee on Tax Matters

On 27 June 2023, the rapporteur for the own-initiative report on "Further Reform of Corporate Taxation Rules" will present and discuss her draft report with other FISC Members. In October 2021, the OECD/G20 Inclusive Framework on BEPS reached a landmark agreement on a comprehensive two-pillar reform of global tax rules. This reform, which has been endorsed by 138 out of 141 members of the Inclusive Framework, introduces a global minimum effective corporate tax rate of 15% as well as new rules.

On 27 June 2023, from 15:00 to 16:30, the FISC Subcommittee will host a public hearing on “The role of tax incentives in achieving EU policy goals”. While they come in many shapes and forms (accelerated depreciations, carry-forwards of losses...), tax incentives for businesses are mostly introduced to support either wider economic objectives (growth, job creation, the need to attract foreign direct investment) or specific policies (such as the energy transition).

Members of the FISC Subcommittee will travel to London, United Kingdom, from 19 to 20 June 2023, in order to meet key political decision-makers and stakeholders to discuss developments in the area of international taxation and the relation between the EU and the UK in this field.

On 23 May 2023, from 15:00 to 16:30, the FISC Subcommittee will host a public hearing on “The role of tax policy in controlling inflation and promoting sustainable growth in the context of economic recovery”.