EU Simplification Drive Will Skip Minimum Tax, Official Says

The European Commission’s upcoming tax simplification package won’t reopen the bloc’s global minimum tax directive, according to a senior EU official.

It “doesn’t make sense” to adjust the directive while the Organization for Economic Cooperation and Development runs its own simplification process for the minimum tax on a similar timetable, said Ioana Diaconescu, head of the commission’s Direct Taxation Unit.

Diaconescu, who spoke Wednesday during a roundtable on tax simplification for SMEs hosted by Invest Europe at the European Parliament, nonetheless stressed that the commission would keep in mind the “paradigm change” brought by the OECD’s January agreement on ...