14/11/24

EU: European Commission puts forward proposal (DAC9) to simplify Pillar 2 implementation

As published on: pwc.com, Friday 15 November, 2024.

The European Commission has proposed amendments to the European Union (“EU”) Directive on administrative cooperation in taxation (“DAC9”). These changes aim to facilitate the exchange of top-up tax information between Member States and allow multinational enterprises to switch from local to central filing.

Once adopted by the Council of the EU and the EU Parliament, governments have until 31 December 2025 to implement DAC9. Thus, multinational enterprises and large domestic groups will be able to file a single top-up tax information return in one EU Member State instead of multiple filings across different Member States.

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European Commission DAC9 Pillar 2