- On 11 February 2025, the European Commission adopted its Work Programme for 2025, outlining key initiatives for the first year of its term. The Programme is accompanied by Annexes, alongside a Communication on Implementation and Simplification.
- These releases align with the priorities announced in the Competitiveness Compass on 29 January 2025, which will guide new EU policies in the coming years, including those related to tax.
- The first simplification packages planned for 2025 are likely to concentrate on streamlining sustainability reporting rules and amending the Carbon Border Adjustment Mechanism, rather than on direct tax matters. However, additional policy initiatives expected in 2026 and beyond are expected to have significant tax implications.
Source EY
