European Parliament approves proposal on tax cooperation in the European Union

The European Parliament has adopted a position on a legislative proposal for tax cooperation in the EU. This decision comes in the context of efforts for tax harmonization at European level and affects all Member States and citizens of the Union.

Context and objectives

The text is based on Article 113 of the Treaty on the Functioning of the European Union, which allows for the adoption of measures to harmonize tax legislation. The main objective is to support tax cooperation between Member States and prevent tax evasion.

Key measures

• Approval of the European Commission's proposal on tax cooperation
• Request to the Council to inform Parliament in case of deviations from the approved text
• Obligation to consult Parliament for substantial modifications to the text
• Transmission of Parliament's position to all relevant institutions

Timeline and implementation

Parliament's position was immediately transmitted to the Council, Commission and national parliaments. The European Council will decide on the final proposal with the obligation to consult Parliament for substantial modifications.

Impact for citizens and stakeholders

EU citizens will benefit from better tax cooperation between Member States, reducing the risk of tax evasion. Businesses will operate in a more predictable tax framework and national authorities will cooperate more effectively in tax matters.