The European Commission’s (EC) Directorates-General (DGs) published their so-called Management Plans for 2022 on 7 March. These are documents that give details about each DG’s work plans for the year in question.
The DG TAXUD Management Plan contains little new, but the following points are to be noted:
- a proposal for multinationals to disclose their effective tax rates is listed for Q2. EC had referred to this proposal many times in 2021, but in past months it seemed to have disappeared from their public documents and comments
- Pillar 1 proposal is curiously listed for Q4, although in EC’s planning documents the indicative date of 27 July is mentioned
- value-added tax (VAT) in the digital age proposal is scheduled for Q3
- directive on administrative cooperation (DAC) 8 proposal is scheduled for Q2
- an initiative to address the VAT gap is scheduled for Q3
- an initiative for taxpayers’ rights is scheduled for Q1
- a pilot project for cooperative compliance is being launched in Q1
Source Accountancy Europe
