With the release of the Tax Simplification Omnibus package and the recast of the Directive on Administrative Cooperation (DAC), both published on 24 June 2026, the European Commission has taken a significant step towards changing the EU direct tax landscape.
These proposals form part of an ambitious plan to reduce unnecessary administrative and compliance burdens for taxpayers and tax authorities alike. To achieve this, the Commission has proposed targeted amendments to several core EU direct tax directives, including the Anti‑Tax Avoidance Directive (ATAD), the Parent‑Subsidiary Directive (PSD), the Interest and Royalties Directive (IRD), the Merger Directive (TMD) and the Directive on Tax Dispute Resolution Mechanisms (DRM), as well as streamlining the DAC.
KPMG in Romania is pleased to invite you to an exclusive executive briefing designed specifically for leaders responsible for tax and finance. This event will provide a comprehensive overview of the simplification measures with a focus on the impact in Romania and the wider region.
At the same time, considering that most national and multinational groups have recently finalized their first ever Pillar Two compliance exercise, we will be pleased to share some brief conclusions for this first-year exercise and outline a few considerations as to what companies need to bear in mind for the next exercises.
Speakers will include KPMG in Romania tax specialists along with experts from the KPMG EU Tax Centre. a dedicated resource designed to help businesses navigate the complex and frequently changing landscape of European tax policy, which offers in-depth analysis on international taxation topics.