SQUAWK/NEWS
Menu
Live News EQUITY L impact

Commission Spokesperson: Leaving only one tax is essential to protect integrity of single market

(EU) Commission Spokesperson: Leaving only one tax is essential to protect integrity of single market

Story updates

10:52:38 AM UTC
SQUAWKNEWS
**Insight: Appears to refer to the European Commission’s push to simplify fragmented tax rules so businesses face fewer overlapping regimes across the EU, protecting the single market from national tax divergence. - Fresh follow-up commentary after the Commission’s June 24, 2026 tax simplification package, which aims to modernize direct tax rules, reduce reporting burdens, and improve competitiveness across the Internal Market. - Brussels has been emphasizing “One Europe, One Market” and warning that different national tax systems create barriers and costs for cross-border business

**Insight: Appears to refer to the European Commission’s push to simplify fragmented tax rules so businesses face fewer overlapping regimes across the EU, protecting the single market from national tax divergence. - - Fresh follow-up commentary after the Commission’s June 24, 2026 tax simplification package, which aims to modernize direct tax rules, reduce reporting burdens, and improve competitiveness across the Internal Market. - - Brussels has been emphasizing “One Europe, One Market” and warning that different national tax systems create barriers and costs for cross-border business