The European Parliament plenary adopted a non-legislative resolution on corporate tax strategy on 12 October 2026, setting out priorities for the next Commission work programme. The resolution endorses swift implementation of OECD Pillar Two (global minimum 15% tax), calls for a standalone EU digital levy if global consensus fails, and demands mandatory public country-by-country reporting for all large multinationals. MEPs also urged the Commission to propose a common consolidated corporate tax base (CCCTB) revision and strengthen the Anti-Tax Avoidance Directive (ATAD) with stricter controlled foreign company (CFC) rules.
Key Takeaways
- Pillar Two Enforcement: Parliament insists on rigorous transposition monitoring and supports a joint EU list of non-cooperative jurisdictions aligned with Pillar Two outcomes.
- Digital Levy Contingency: A fallback EU digital services tax is proposed if the OECD Inclusive Framework does not finalize Amount A by end-2026.
- Transparency Push: Public CbCR should extend to all multinationals with €750m+ revenue, not just EU-parented groups, to close disclosure gaps.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement