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European Economic and Financial Affairs Council Reaches Political Agreement on DAC9

12 March 2025

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Approved Changes

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European Union

During its meeting on 11 March 2025, the European Economic and Financial Affairs Council reached a political agreement on the proposal to amend the Directive on administrative cooperation in the field of taxation (Directive 2011/16/EU) to make it easier for companies to fulfill their filing obligations under the Pillar 2 Directive (DAC9). DAC9 essentially provides that MNEs only have to file one top-up tax information return, at central level, for the entire group, instead of each group company having to file a top-up tax information return in the country where it is based. The proposal will be formally adopted by...