The European Commission has announced the adoption of its 2025 work programme, focusing on boosting competitiveness, security, and economic resilience in the EU. Among other things, the work programme includes the planned withdrawal of several pending proposals. With regard to taxation, one notable proposal that is to be withdrawn is the proposal to amend the EU Interest and Royalties Directive, which has included proposed anti-abuse provisions, minimum effective tax provisions, and other options. According to the Commission, the proposal has been rendered (partially) obsolete by the Directive implementing the OECD Pillar 2 on minimum corporate taxation. The remaining issues the...