UEL’s position on the BEFIT initiative


UEL has published a position paper in response to the public consultation opened by the European Commission on a future proposal for a BEFIT tax directive contemplating the introduction of a new common tax framework for EU companies operating across borders and currently facing 27 different tax systems.

UEL and the Luxembourg business sectors it represents support this BEFIT initiative provided that it effectively reduces compliance costs for EU companies and ensures an efficient and attractive tax framework in the EU.