On 24 June 2026, European Commissioner for Trade and Economic Security Valdis Dombrovskis presented two new omnibus simplification packages covering taxation and energy product labelling, claiming they will deliver €3.4 billion in annual administrative cost savings for businesses and administrations across the EU. The proposals, which amend six corporate tax directives and revise energy and tyre labelling regulations, bring the total savings from the Commission's simplification agenda to over €18 billion, approaching half of the €37.5 billion target set for the end of the mandate.

The taxation omnibus aims to reduce compliance costs by approximately €8 billion each year, with €3.3 billion from administrative savings and over €4.6 billion from additional compliance and financial cost savings. Dombrovskis said the package addresses outdated rules, overlaps with recent legislation, and divergent implementation across member states, while preserving safeguards against tax avoidance and evasion. The proposal also includes a recast of directives on administrative cooperation, codifying nine legal acts into a single framework.

The energy products omnibus proposes targeted revisions to regulations on energy and tyre labelling, generating about €100 million in administrative savings. Key measures include digitising product information sheets while keeping the option for printed labels, introducing a once-only principle for suppliers registering products in the European Product Registry for Energy Labelling to eliminate duplicate reporting, and empowering market surveillance authorities to detect and tackle non-compliant imports from third countries more effectively. Dombrovskis stressed that the changes do not undermine customers' ability to make informed purchasing decisions on energy efficiency, recyclability, and noise.

The Commissioner framed the proposals as part of a broader simplification drive, noting that the Commission has now tabled 12 omnibus simplification packages. He urged the co-legislators to advance pending files with ambition matching the original proposals, warning that 'the world will not wait for Europe.' The packages are built on intensive engagement with member states and businesses of all sizes, according to Dombrovskis, and aim to strengthen the single market and deliver the Savings and Investments Union.

Businesses across the EU stand to benefit from reduced compliance costs and streamlined reporting, particularly in cross-border investment and energy product supply chains. Tax administrations will see lower administrative burdens from codified rules and digitalised processes. Consumers retain access to product information but may experience a shift to digital formats. Market surveillance authorities gain enhanced tools to enforce labelling rules against non-compliant imports, potentially improving product quality and safety. The proposals represent a moderate step toward regulatory simplification, with concrete savings but no fundamental policy shifts in taxation or energy labelling.

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