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U.S. Chamber Supports Legal Challenge to EU Undertaxed Profit Rule

08 October 2024

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Proposed Changes

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Belgium-European Union-United States-OECD

The U.S Chamber of Commerce recently issued a release on its strong support for the legal challenge to the legal action brought in the Belgian Constitutional Court to challenge the undertaxed profit rule established by Council Directive (EU) 2022/2523. --- U.S. Chamber Supports Legal Challenge to EU Undertaxed Profit Rule The U.S. Chamber of Commerce ("Chamber") strongly supports the legal action brought by the American Free Enterprise Chamber of Commerce ("AmFree") in the Belgian Constitutional Court to challenge the undertaxed profit rule("UTPR") established by Council Directive (EU) 2022/2523 of December 14, 2022 ("EU Directive"). As set forth below, the Chamber...