-
Simplified Compliance: The CBAM Omnibus Regulation introduces a 50-ton mass-based exemption threshold, removes the €150 consignment-value exemption, and delays certificate surrender obligations to 2027, easing administrative burdens for importers.
-
New Requirements for Importers: From 2026, importers exceeding the threshold must register as authorized CBAM declarants; non-EU importers may appoint CBAM representatives, and all businesses must prepare for CBAM costs starting January 2026.
-
Operational Adjustments: Companies should align CBAM compliance with customs and VAT systems, collaborate with suppliers to verify embedded emissions, and prepare financial provisions for CBAM certificate costs due in 2027.
Source EY
Latest Posts in "European Union"
- Briefing Document & Podcast: VAT in the Digital Age (ViDA) – Digital Reporting Requirements
- VAT and Transfer Pricing: Lessons for Multinationals (ECJ Cases: Weatherford, Arcomet, Högkullen, Stellantis)
- Transfer Pricing, VAT and Transactions Between Related Entities: Key Principles from CJEU Case Law (Stellantis Portugal, C‑603/24)
- EU ViDA Implementation Strategy: Six Implementing Acts Shaping DRR, VIES and OSS Roll-Out (2027–2030)
- Comments on ECJ C-603/24 (Stellantis Portugal) – Transfer pricing and VAT: Court confirms in Stellantis that not every true-up constitutes a service
