OrbitaxEuropean Commission Withdrawing Proposals on Financial Transactions Tax, Misuse of Shell Entities, Debt-Equity Bias Reduction Allowance, and Transfer Pricing
|Approved Changes|European Union
The European Commission unveiled its 2026 work programme on 20 October 2025. One notable aspect of the 2026 work programme is the planned withdrawal of several tax-related legislative proposals within six months, including:
- Proposal for a COUNCIL DIRECTIVE implementing enhanced cooperation in the area of financial transaction tax;
- Proposal for a COUNCIL DIRECTIVE laying down rules to prevent…