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25 ERA F. 1 (2024)

handle is hein.journals/erafrum25 and id is 1 raw text is: ERA Forum (2024) 25:1-9 https://doi.org/1 0.1007/si12027-024-00786-9 ED ITORIAL Recent developments in European Corporate Taxation Law Daniel Gurtner1 Accepted: 3 June 2024 / Published online: 25 June 2024 ERA * © @ ERA 2024 ** * 1 Introduction On 12 September 2023, the European Commission adopted a key package of legisla- tive proposals which aim at simplifying tax rules and providing certainty to small and large EU businesses: - The Business in Europe: Framework for Income Taxation (BEFIT)' will introduce a common system to compute the tax base of company groups across the EU, - the Transfer Pricing Directive2 will ensure a common approach to transfer pricing within the EU and - the Head Office Tax system3 will enable small businesses to interact with only one tax administration when operating cross-border in the EU. The three proposals were discussed in detail at the ERA seminar 'European Cor- porate Tax Law: Recent Developments' which was held online on 18-19 April 2024. The following article draws back on the interventions and discussions that took place at the seminar. 2 The BEFIT proposal The BEFIT proposal lays down a new, single set of rules to determine the tax base of groups of companies in the EU. Currently, corporate income taxation in the EU is 1Proposal for a Council Directive on Business in Europe: Framework for Income Taxation (BEFIT), COM/2023/532 final. 2Proposal for a Council Directive on transfer pricing, COM/2023/529 final. 3Proposal for a Council Directive establishing a Head Office Tax system for micro, small and medium sized enterprises, and amending Directive 2011/16/EU, COM/2023/528 final. [ D. Gartner dgaertner@era.int 1 Senior Lawyer and Course Director, European Private Law Section, Trier, Germany '_ Springer