Business in Europe Framework for Income Taxation (BEFIT) – challenges at national and EU level

The Commission's proposal Business in Europe: Framework for Income Taxation (BEFIT) deals with a new single set of rules to determine the tax base of groups of companies, and is aimed at reducing tax compliance costs for large businesses operating across borders and making it easier for national authorities to determine which taxes are due. Directly linked to BEFIT is the proposal on transfer pricing, with the purpose to harmonise transfer pricing rules of Member States and to ensure a common application of the arm's-length principle within the EU. The new framework builds on the previous experiences from the common consolidated corporate tax base CCCTB, the OECD/G20 international tax agreement concerning the global minimum level of taxation, and on the Pillar Two Directive adopted at the end of 2022.

The EESC considers it important that the Commission makes continuous efforts to develop a common corporate tax framework in support of the internal market.

In order to feed into the policy debate on the BEFIT proposal and to bring together the views of stakeholders and experts, the EESC is organising a public hearing entitled "Business in Europe Framework for Income Taxation (BEFIT) – challenges at national and EU level" to be held on Thursday, 25 January 2024, 9.30 a.m. -1 p.m. at the EESC in Brussels. 

The hearing will also serve to assess the situation in order for the EESC to prepare recommendations for European legislators.

Join us for the debate online! Please follow @EESC_ECO and event website.

Please note that you will be able to interact via #BEFIT-EESC and Slido.