EU: Report following June 2025 ECOFIN meeting
Including updates on DAC9, Unshell, Transfer Pricing, and BEFIT directives
The Council of the EU released a report following the June 20, 2025 meeting of the Economic and Financial Affairs Council of the EU (ECOFIN), providing an overview of progress achieved in the Council on a range of indirect and direct tax measures, including updates on:
- Legislative actions, such as the adoption of the directive providing for information exchange with respect to Pillar Two (DAC9)
- Directive proposals, such as Unshell, Transfer Pricing and BEFIT
- Non-legislative actions, such as the EU tax decluttering and simplification agenda and developments at OECD and UN level
Read a June 2025 report prepared by the KPMG’s EU Tax Centre
The report also provides updates on (1) the standstill and rollback review process in relation to preferential tax measures, (2) the EU listing exercise and defensive measures against non-cooperative jurisdictions, and (3) other workstreams. Read a July 2025 report prepared by KPMG’s EU Tax Centre