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Authored by Malte Lohan, CEO, AmCham EU

At the Alimentaria Conference in Barcelona, Edouard Coppieters, Senior Policy Adviser, AmCham EU, spoke about placing competitiveness at the centre of the European agri-food ecosystem. Taking place on Tuesday, 24 March, he outlined the role of simplification and Better Regulation principles in ensuring a stable agri-food supply chain and supporting the sector’s competitiveness. He noted that the sector operates within an international trade environment and that stakeholders across the value chain face challenges in adapting to the current legislative framework. He emphasised the need to simplify operations within the Single Market and ensure that legislation is fit for purpose rather than a box-ticking exercise. Aurélie Dufour, Europe Sustainability Engagement and Regulation Lead, Yum! Brands and Dirk Jacobs, Director-General, FoodDrinkEurope also joined the panel.

The evaluation of the Directive on Administrative Cooperation (DAC) 1-9 can help enhance tax transparency, improve the Single Market and boost Europe’s competitiveness by decluttering tax policy. By ensuring that DAC includes fixed standards and mandating greater transparency for DAC data, lawmakers can improve its functionality. Likewise, by exempting Pillar 2 companies (including those subject to the ‘side-by-side’ safe harbour) from DAC 6 and revisiting the administrative requirements and outcomes of reporting under DAC 6, the Anti-Tax Avoidance Directive (ATAD), the Pillar 2 Directive and the Public Country by Country Reporting (pCbCR) Directive, lawmakers can minimise additional costs for companies and tax authorities alike while maintaining the integrity of the tax system.