June 2026 Monthly Tax Briefing

On 24 June 2026, the European Commission adopted an ambitious tax simplification package comprising two legislative proposals aimed at simplifying EU tax rules, reducing compliance burdens for businesses and strengthening the competitiveness of the Internal Market.The Direct Taxation Omnibus and the Recast of the Directive on Administrative Cooperation (DAC) are designed to modernize the EU's direct tax framework, improve its efficiency, and better adapt it to the current economic environment, while maintaining robust protections against tax fraud, avoidance and evasion.The Commission's proposals form part of a broader commitment to simplification, seeking to streamline the EU acquis, foster a more business-friendly environment across the EU and enhance EU competitiveness. By simplifying complex rules and eliminating unnecessary requirements, the package