EU Parliament Backs “EU Inc” 28th Regime With a Centralised VAT Framework

Summary

The European Parliament’s own‑initiative report on the feasibility of a 28th tax regime supports the Commission’s “EU Inc” framework, recommending tax simplification for innovative companies scaling across the single market, per Regfollower and EPRS. [europarl.europa.eu]
For VAT, EU Inc companies would access a centralised VAT framework, with a single EU VAT number and a digital one‑stop‑shop portal for declarations and refunds—materially reducing multi‑country registration burdens. [europarl.europa.eu]
The ECON report (adopted 3 June 2026 by 36–18, 1 abstention) also proposes an opt‑in, digital, English‑standardised tax module recognised across Member States, potentially including an EU consolidated corporate tax base—while respecting national competence. [europarl.europa.eu]

Article

The European Parliament advanced its position on the 28th regime—the proposed pan‑European corporate framework branded “EU Inc“—with measures aimed at strengthening EU competitiveness. As covered by Regfollower and detailed in the EPRS briefing, the Commission’s proposal (COM(2026) 321) would let any company registered in a Member State register as an “EU Inc.” quickly and fully digitally, with legal effect across the EU. [europarl.europa.eu]

On 3 June 2026, Parliament’s Committee on Economic and Monetary Affairs (ECON) adopted an own‑initiative report—by 36 votes to 18 with 1 abstention—complementing the tax provisions of the Commission proposal. Its key recommendation is a legally secure, opt‑in tax module that EU Inc companies could include in their filings, automatically recognised by and accessible to other Member States. Part of a one‑stop‑shop or dedicated platform, fully digital and standardised in English, the module could harmonise corporate income taxation—potentially via an EU consolidated tax base—while respecting Member States’ competence. [europarl.europa.eu]

Most significantly for indirect tax, the report provides that EU Inc companies would access a centralised VAT framework, with a single EU VAT number and the digital one‑stop‑shop portal for declarations and refunds. As the 28th‑regime tracker records, the file remains in legislative negotiation—rapporteur René Repasi’s draft report (PE790.143v01‑00, 246 amendments) was tabled on 29 June 2026—so no final law yet exists, but the direction of travel points to materially simplified cross‑border VAT compliance. [europarl.europa.eu], [the28thregime.eu]

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