- The EU’s Competitiveness Compass sets out a path to strengthen the EU’s competitiveness and economic prosperity.
- Regulatory simplification is part of the roadmap, starting with the Omnibus Package I, introduced on 26 February, which focuses on sustainability regulation.
- One of the proposed changes for CBAM is a new de minimis threshold.
- For any affected businesses — or potentially affected businesses, given anticipated scope expansion – it remains important to continue to monitor developments and plan to act as needed.
Source EY
Latest Posts in "European Union"
- Briefing documents & Podcasts: VAT concepts explained through ECJ/CJEU cases on Spotify
- Navigating VAT Exemptions: Recent ECJ Judgments and Their Implications for Intra-Community Transactions and Imports
- Roadtrip through ECJ Cases – Right to Deduct VAT and ”Substance over form” concept
- GC VAT Case T-363/25 (UNIX) – Order – VAT deductions can not be denied solely due to invoice trustworthiness if the underlying transactions occurred
- ECJ VAT Cases decided in 2025
