European Parliament resolution of 10 March 2022 with recommendations to the Commission on fair and simple taxation supporting the recovery strategy

Fair and simple taxation supporting the recovery strategy European Parliament resolution of 10 March 2022 with recommendations to the Commission on fair and simple taxation supporting the recovery strategy (EP follow-up
to the July Commission’s Action Plan and its 25 initiatives in the area of VAT, business and individual taxation) (2020/2254(INL))

RECOMMENDATIONS AS TO THE CONTENT OF THE PROPOSAL REQUESTED

A. Simplification, reduction of compliance costs for taxpayers

Recommendation A1 – Single EU VAT registration procedure and the Single EU VAT number
Recommendation A2 – Simpler taxation for and with European Companies (SEs)/SMEs

B. More certainty for taxpayers and/or Member States´ tax administrations

Recommendation B1 – Dispute resolution mechanism for cases where two or more Member States claim tax residency
Recommendation B2 – Extension of automatic exchange of information
Recommendation B3 – Guidelines on positive tax incentives

C. Reduction of tax gap and compliance costs

Recommendation C1 – E-invoicing
Recommendation C2 – Alternative to the reduction of the VAT Gap
Recommendation C3 – Single Harmonised Tax Return and OSS
Recommendation C4 – A Tax Observatory to monitor and quantify trends in European taxation

D. A new coordinated European Corporate Income Tax system