EU Deforestation Regulation; Insights into 12-month delay and recent updates

09 October 2024|Tax Alerts, National/Federal Taxation, Global|European Union

The European Union (EU) Commission has proposed several new documents pertaining to the EU Deforestation Regulation (EUDR).
The documents, pending approval by the European Parliament and EU Council, would extend the EUDR's effective date until 30 December 2025 and provide substantial additional guidance.
Affected companies should consider commencing essential preparatory actions for compliance without delay.

After extensive international dialogue, scrutiny and input from various stakeholders …

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