Consistent with our commitment to provide updated information on current tax issues, we set down below a brief overview of the provisions of the new Regulation (EU) 956/2023 on the establishment of a Carbon Border Adjustment Mechanism – “CBAM”, as notified through E.2072/2023
In this edition (Download PDF)
- Which categories of goods are covered under CBAM?
- Exemptions from CBAM
- Persons liable to submit CBAM reports
- What is the implementation period and the associated obligations?
- Which is the reporting process during the transitional period?
- Which are the methodologies for the calculation of embedded emissions?
- How KPMG can help
