On 24 June 2026, Commissioners Valdis Dombrovskis and Wopke Hoekstra presented two omnibus simplification proposals — one on taxation and one on energy product labelling — that together aim to deliver €3.4 billion in annual administrative cost savings for businesses and administrations across the EU. The taxation omnibus amends six corporate tax directives and recasts the Directive on Administrative Cooperation (DAC) into a single legal framework, while the energy proposal revises rules on energy and tyre labelling to digitalise information sheets and introduce a once-only principle for product registration. The announcements bring total savings from the Commission's simplification agenda to over €18 billion, nearly half of the €37.5 billion target set for the end of the current mandate.

Dombrovskis said the taxation omnibus would 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. The package removes withholding tax barriers for cross-border payments of interest, royalties, and dividends within the EU, simplifies the interest limitation rule to allow full deduction for smaller companies, and aligns EU rules with the global minimum tax (Pillar 2) to avoid overlapping obligations for in-scope multinationals. The recast of the DAC consolidates nine legal acts into one, raises the reporting threshold for online sales of goods from 30 transactions to €3,000 per year, and removes the obligation to report cross-border tax arrangements of limited value for tax administrations. Hoekstra emphasised that the changes preserve safeguards against tax avoidance and evasion while making the single market more competitive.

The energy labelling omnibus, covering regulations on energy and tyre labelling, is expected to bring about €100 million in administrative savings. Product information sheets for dealers will become digital, though printed labels remain available on request. Suppliers will benefit from a once-only principle: when products are registered in the European Product Registry for Energy Labelling, the information will be shared automatically across EU registries, eliminating duplicate reporting. Market surveillance authorities will also gain new powers to detect and tackle non-compliant products imported from third countries more efficiently. Hoekstra stressed that the proposals do not undermine consumers' ability to make informed purchasing decisions on energy efficiency, recyclability, and noise.

The Commission has now tabled 12 omnibus simplification packages. Dombrovskis called on EU co-legislators to advance pending simplification files with ambition, warning that "the world will not wait for Europe." The proposals are grounded in extensive consultations with member states and businesses of all sizes, according to the Commissioners.

For EU businesses, the tax omnibus reduces cross-border compliance burdens and withholding tax obstacles, lowering costs for intra-EU investment and financing, but multinationals within Pillar 2 scope face adjustments as overlapping rules are removed. National tax administrations benefit from streamlined reporting and a single DAC framework, though they must adapt to new thresholds and digital processes. EU consumers gain from simplified energy labelling rules that maintain information access while reducing administrative overhead for suppliers, potentially lowering prices. EU online platforms and small sellers see reduced reporting obligations under the DAC recast, encouraging circular economy activities such as reselling second-hand goods.

← Atlas › News › Economy & Taxation