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The Tax Omnibus presents a critical opportunity to modernise the EU tax framework in light of the evolving international framework, notably the implementation of Pillar 2. Many existing directives were designed in response to earlier Base Erosion and Profit Shifting (BEPS) measures and now impose duplicative, fragmented and resource-intensive requirements on businesses. These burdens undermine tax certainty, increase compliance costs and weaken the EU’s attractiveness as an investment destination.

The EU’s digital regulatory landscape has expanded significantly in recent years. While the creation of these rules pursues important objectives, their interaction has not always been fully aligned, creating legal uncertainty and increased compliance burdens for businesses.  

The European Commission’s proposals for a Digital Omnibus and the Digital Omnibus on AI Regulation Proposal (AI Omnibus) both offer opportunities to improve coherence across the EU’s digital rulebook while supporting Europe’s competitiveness in the digital economy. Both initiatives represent a positive step forward, but further refinements will be needed to ensure they fully deliver on their objectives while maintaining high standards for safety and fundamental rights. 

The AI Omnibus focuses on the AI Act, while the Digital Omnibus addresses broader elements of the digital acquis, including data and cybersecurity legislation. Together, they aim to reduce fragmentation and streamline obligations across multiple frameworks. Explore below how these proposals can better support innovation and competitiveness in Europe.

Together with 14 industry associations from various sectors, AmCham EU has signed a joint statement calling for the withdrawal of horizontal label requirements under the Ecodesign for Sustainable Products Regulation. While supporting the objective of improving the sustainability of products placed on the EU market and providing transparent information to consumers, the group warn that introducing horizontal labelling requirements without specific metrics and methodologies risks creating regulatory complexity and consumer confusion. The signatoires urges EU policymakers to instead address the need for a label and potential related requirements through product-specific measures supported by robust methodologies.