In October 2021, the OECD Inclusive Framework reached a political agreement with over 130 countries to reform the global corporate tax framework and address countries’ concerns regarding broad tax challenges arising from the digitalisation of the global economy. If this agreement is implemented consistently, it can stabilise the international tax system. Although a political agreement has now been reached, many important technical details remain to be resolved before it is applied. AmCham EU, therefore, outlines key takeaways and recommendations to ensure the successful implementation of this agreement.
The taxation of the digital economy
Related items
Consultation response: Digital Fairness
Strengthening predictability in the draft Foreign Subsidies Regulation Guidelines
The draft Guidelines to the Foreign Subsidies Regulation (FSR) risk broadening the already excessive reach of the FSR and making its application even less certain for industry, adding to already disproportionate costs and complexities for businesses. The Guidelines should take the opposite approach, seeking to clarify unclear concepts related to the FSR’s application, hone its scope to focus only on subsidies with a demonstrable EU nexus and align the FSR’s treatment of foreign incentives with EU State aid rules.
Consultation response: Consumer Agenda 2025-2030
AmCham EU's consultation response in relation to the Consumer Agenda 2025-2030 calls on the Commission to streamline and harmonise consumer rules, accelerate digital product information, and provide clear EU-level guidance. Stronger action is also needed to protect consumers from counterfeit and unsafe goods while ensuring rules remain fair, future-proof and innovation-friendly.
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