European Union

The EU does not levy corporate tax itself, but its directives harmonise VAT, administrative cooperation and the Pillar Two minimum tax across 27 member states. The VAT in the Digital Age package is being phased in through 2035.

Recent judgments and rule changes

Key laws

VAT Directive 2006/112/ECCommon VAT system, amended by the ViDA package.
Pillar Two Directive 2022/252315% global minimum tax for groups with revenue of €750m or more.
DAC directivesExchange of information, including DAC6 reportable arrangements and DAC7 platforms.

Official sources

Taxation and Customs Union
Court of Justice

Working with India

Doing business between India and European Union? We advise on the Indian side — treaty relief, withholding, FEMA and transfer pricing documentation. Talk to us.