Executive summaryOn 15 July 2020, the European Commission (the Commission) adopted a package for fair and simple taxation (the tax package). The tax package includes a set of new initiatives to ensure European Union (EU) tax policy supports Europe’s recovery from the COVID-19 crisis and long-term sustainable growth. The tax package contains three separate but complementary initiatives:Action Plan for fair and simple taxation supporting the recoveryLegislative proposal in the form of a Revision of the Directive on administrative cooperation (DAC7)Communication on Tax Good Governance in the EU and beyondAccording to the press release, the tax package is the first part...