Image: Baker McKenzieEuropean Union: European Commission Publishes EU Tax Simplification Package | Insight
• The European Commission has released a tax simplification package featuring proposals for the direct taxation Omnibus and a Recast of the Directive on Administrative Cooperation (DAC). • The Omnibus Proposal specifically updates the Tax Merger Directive's scope and definitions to align with the previously introduced Mobility Directive. • This move is significant as it integrates tax measures into cross-border restructuring operations, addressing a gap left by the original Mobility Directive.
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