Source: European Parliament
On 17 October 2024, from 9:00 to 10:30, the FISC Subcommittee will host a public hearing on “Simplification and transparency: Role of simplified tax policy to encourage growth, job creation, competitiveness and cross-border business within the EU”.
Over the past years, stakeholders have been raising more and more concerns about compliance costs and administrative burden. At the same time, the recent publication of two reports, one by Enrico Letta and one by Mario Draghi, have ignited a new debate on how to improve the competitiveness of the EU’s economy in the aftermath of the COVID-pandemic and the economic hardships caused by the war in Ukraine.
Against this background, this public hearing will gather information and discuss in which ways reducing both taxpayers’ tax compliance and governmental administrative costs could foster cross-border business, increase competitiveness, and eventually lead to more job creation and economic growth.