Juan Manuel Vázquez, Daan Both, Kevin Duin, Liselot Bakker, Gino Sparidis, Bram Middelburg, Emma van Doornik, Bruce van Schaik, Gijs Groenewoud
CJ judgment on the compatibility of Polish tax exemption applicable only to externally managed collective investment funds with the free movement of capital
(F S.A. v Dyrektor Krajowej Informacji, Case C 18/23)
On 27 February 2025, the CJ delivered its judgment in the case F S.A. v Dyrektor Krajowej Informacji (C-18/23). The case deals with the question of whether the free movement of capital must be interpreted as precluding the legislation of a Member State which grants a tax exemption only to externally managed non-resident investment funds while not granting such exemption to internally managed investment funds.
VAT in the Digital Age: EU Parliament approval
In plenary session on 12 February 2025, the European Parliament approved the ViDA proposal. The formal adoption of the ViDA proposal by the European Council is expected to take place in March 2025. The ViDA proposal focuses on improving VAT efficiency, minimising VAT fraud and reducing foreign VAT registration obligations.
European Commission publishes Clean Industrial Deal
On 26 February 2025, the European Commission published its Communication on the Clean Industrial Deal. The aim of the initiative is to boost European industrial competitiveness and support decarbonization. It includes the development of a new State Aid Framework to accelerate the roll-out of renewable energy, strengthen industrial decarbonisation and ensure sufficient manufacturing capacities for clean tech.
European Commission publishes EU Competitiveness Compass
On 29 January 2025, the European Commission published a Communication presenting the EU Competitiveness Compass, which is the first major initiative of this Commission’s mandate providing a strategic framework aimed at enhancing the EU’s economic dynamism and competitiveness.
European Commission publishes its Work Programme for 2025
On 11 February 2025, the European Commission published its Work Programme (WP) for 2025 which lists the most important legislative initiatives that the Commission plans to take in the course of the current year. The WP also includes plans to withdraw pending legislative proposals, to review existing EU legislation and to maintain and allow the due course of the legislative procedures for certain proposals.
Hoekstra’s views on key priorities and measures of the European Commission in the field of taxation
On 6 February 2025, the subcommittee on Tax Matters (FISC) of the European Parliament hosted an exchange of views with the EU Commissioner responsible for taxation, Wopke Hoekstra. During this exchange of views, Hoekstra discussed key priorities of the EU Commission in the field of taxation, with a focus on upcoming initiatives and strategic goals.
European Commission publishes draft proposal to amend the CBAM
On 26 February 2025, the European Commission published a draft proposal to amend the Carbon Border Adjustment Mechanism (CBAM) Regulation (EU) 2023/956. This draft proposal is part of the Omnibus simplification package of the European Commission, which aims to simplify sustainability-related reporting requirements and also includes amendments to the Corporate Sustainability Due Diligence Directive (CSDDD) and the Corporate Sustainability Reporting Directive (CSRD).
