European Business Initiative on Taxation
Acronym: EBIT
General Information
Identification Code: 26231733692-35
Website: [object Object]
Entity Form: Informal cross-sector business working group on direct taxation
Registration Category: Trade and business associations
Registration Date: 6/1/2010
Last Update: 3/4/2024
EP Accredited Number: 0
Mission & Interests
Goals: EBIT is a cross-industry, pan-European business working group of Senior Tax Executives from European-based companies whose aim is to help streamline and modernize Europe’s direct tax policy. In addition, in the light of today’s rapidly and fundamentally changing world, EBIT aims to help MNEs and investors to understand and navigate the modern Tax & ESG space, build trust in the tax system, and contribute to a sustainable economy.
EBIT delivers business messages based on real-life experiences and examples to achieve practical progress. It does so through ongoing technical dialogue and cooperation with the EU Institutions (Commission, Parliament, Council) and the OECD, and any other relevant stakeholders. EBIT’s technical input to the EU and the OECD is always rooted in EBIT's corporate members’ day-to-day business practice and experience.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
- Competition
- Economy, finance and the euro
- Taxation
Levels of Interest:
- european
Activities
Main EU Legislative Proposals: • The EU’s, OECD’s and UN’s strategic international tax policy and reform agendas that are affecting large MNEs and investors in the EU: policy, political, regulatory and legislative initiatives, trends, developments.
• Implementation and compliance issues of EU Tax policy, proposals and directives: P2 in the EU, Transfer Pricing, DAC, ATAD/UNSHELL, DEBRA, public CbCR, Digital Services Tax (DST), BEFIT, PSD, EU Own Resources, FASTER, SAFE, and EU FTT:
• EU Code of Conduct Group (Business Taxation): (internal) intra-EU harmful tax practices & (external) non-cooperative tax jurisdiction blacklisting
• Work of the European Parliament FISC and ECON Committees.
• Tax aspects of the EU Foreign Subsidies Implementing Regulation.
• EU Platform for Tax Good Governance.
• EU Case Law (Four Freedoms & State aid).
• OECD soft law and EU Law compatibility.
• Tax transparency, sustainability/ESG reporting, digital transformation, assurance.
• European Trust & Cooperation Approach (ETACA), OECD International Compliance & Assurance Program (ICAP)
• Tax & Trade, dispute resolution.
• Relevant: VAT/Indirect Tax and ‘Green’ Taxes and incentives.
• EU decision-making process.
Communication Activities: see : www.ebit-businesstax.com
1-2 EBIT technical dialogue and cooperation roundtable meetings (and dinner evening before) for EBIT's Members held in Brussels (or online) with speaker guests from European Commission, European Parliament, OECD, academic institutions, World Bank Group, non-profits like GRI, VBDO, and EBIT knowledge partner PwC.
Participation in EU and OECD public consultations, and EU workshops, seminars and events, and public tax conferences.
Inter-institutional or Unofficial Groupings: N/A
Head Office
Address: Vleurgatsesteenweg 74
Post Code: 1050
City: Brussels
Country: BELGIUM
Phone: [object Object]
EU Office
Address: Vleurgatsesteenweg 74
Post Code: 1050
City: Brussels
Country: BELGIUM
Phone: [object Object]
Financial Data
New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Membership Information
Members10 Percent: 0
Members25 Percent: 0
Members50 Percent: 1
Members75 Percent: 0
Members: 1
Members F T E: 0.5
Info Members: Per 1 January 2023, Van der Made Consulting BV acts as EBIT’s Secretariat, but it is not a member of EBIT. The EBIT secretariat administrates and facilitates the group's practical organization and work.
Per 1 January 2023, PwC acts as Knowledge Partner and supplier of tax-technical support (not tax advice) to EBIT's Members (as a collective) and the EBIT Secretariat by committing two senior tax support managers on ad hoc and 'on demand' basis.
The list of EBIT corporate members and different roles involved and ways of working can be found on: www.ebit-businesstax.com
Structure
Structure Type: Structure
Is Member Of: EBIT corporate membership details: www.ebit-businesstax.com
Van der Made Consulting BV acts as EBIT Secretariat and PwC acts as Knowledge Partner of EBIT: https://www.ebit-businesstax.com/#contact
Organisation Members: N/A