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EU Parl Watch

Where the law stands, Dossier 2023/0321(CNS)

Business in Europe: Framework for Income Taxation (BEFIT)

· · First reading

Parliament is consulted: it gives an opinion and can propose amendments, but the Council takes the decision and need not follow them.

Where it stands

Plenary vote

Parliament gave its opinion on 13 November 2025. The Council takes the final decision.

  1. Referred to committee(done) 15 January 2024
  2. Committee work(done) Report adopted 24 September 2025
  3. Tabled for plenary(done) 16 October 2025
  4. Plenary vote(done) Adopted 13 November 2025
  5. Adopted by the Council(to come)

Decided in plenary

13 November 2025 · decision 5

Economy & single market, New EU law

Business in Europe: Framework for Income Taxation (BEFIT)

Passed 370 for · 160 against · 107 abstained by a clear majority

AI summary:The BEFIT proposal introduces a common system for calculating the corporate tax base of large cross-border business groups in the EU and for allocating these tax bases among group members.

What changed

  • Latest Tabled for plenary → Adopted by Parliament

    AI summary:The versions differ only in formal points and wording: a footnote date is corrected and a paragraph is rephrased without changing substance.

    See the changes →

  • Committee draft → Tabled for plenary

    AI summary:Introduces significant economic presence as a taxable nexus with a EUR 1 million revenue threshold, extending permanent establishment rules. Adds new anti-abuse rules: royalties limitation, controlled foreign company rules, and stricter interest limitation. Replaces the transitional allocation with a permanent formula based on sales, labour, assets, and digital presence, and adds accelerated depreciation. Removes the optional scope for smaller groups and the individual tax return system, simplifying procedures. Other changes are formal or wording: updated references, changed numbers, and rephrased recitals.

    See the changes →

  • Committee draft → Committee draft

    AI summary:Adds significant economic presence as a taxable nexus, with a EUR 1 million revenue threshold and implementing acts. Introduces interest, royalty, and CFC limitation rules to curb base erosion, with specific effective tax rate thresholds. Replaces the transitional allocation rule with a permanent formula based on tangible factors from 2035, and adds review requirements. Adds provisions on accelerated depreciation for sustainable assets, loss carry-forward changes, and administrative cooperation requirements. The other changes are formal or wording: updated cross-references, punctuation, and rephrased explanatory statements.

    See the changes →

Who works on it

Lead committee
Economic and Monetary Affairs
Evelyn Regner (S&D)
Danuše Nerudová (EPP), Jaroslava Pokorná Jermanová (Patriots), Gilles Boyer (Renew), Rasmus Andresen (Greens), Manon Aubry (The Left), Ewa Zajączkowska-Hernik (ESN)

The text, version by version

Newest first.

  1. Adopted by Parliament· 13 Nov 2025

    Adopted text TA10-0268/2025

    AI summary:Parliament's amended version of the Commission proposal for a Council directive on Business in Europe: Framework for Income Taxation (BEFIT) sets common rules for computing a single corporate tax base for groups operating in the internal market.

    What changed since Report A10-0194/2025 →

  2. Tabled for plenary· 16 Oct 2025

    Report A10-0194/2025

    AI summary:Parliament's amended version of the proposed Council directive on Business in Europe: Framework for Income Taxation (BEFIT) sets common rules for computing and allocating the corporate tax base of large cross-border groups in the EU.

    What changed since Draft report (ECON) →

  3. Committee draft· 12 May 2025

    Draft report (ECON)

    AI summary:The draft report approves the Commission proposal for a Council directive on Business in Europe: Framework for Income Taxation (BEFIT) with amendments. It lowers revenue thresholds, extends the permanent establishment concept, and introduces a formulary apportionment after 2035.

    What changed since Draft report (ECON) →

  4. Committee draft· 21 Nov 2023

    Draft report (ECON)

    AI summary:The draft report approves the Commission proposal for a Council directive on Business in Europe: Framework for Income Taxation (BEFIT) as amended, introducing a common corporate tax base and allocation rules for large groups in the EU.

Committee opinions: Draft opinion (BUDG), Opinion (BUDG)

Timeline

Newest first.

Plenary stage 4 steps
  1. 13 November 2025

    Plenary vote

    Sitting of 13 Nov 2025 Adopted text TA10-0268/2025Report A10-0194/2025

  2. 12 November 2025

    Debated in plenary

    MEPs debated the text in the chamber ahead of the vote.

    Sitting of 12 Nov 2025 Council / Commission text C9-0341/2023Report A10-0194/2025

  3. 4 November – 12 November 2025

    104 amendments tabled for the plenary vote

    Groups propose changes to the tabled text; each is voted on before the final vote.

    Amendments 1–81Amendments 82–91Amendment 92Amendments 93–102Amendments 103–104

  4. 16 October 2025

    Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    Report A10-0194/2025

Committee stage 7 steps
  1. 24 September 2025

    Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  2. 16 July 2025

    BUDG (Budgets) adopted its opinion

    The opinion is attached to the report for the lead committee to consider.

    Opinion (BUDG)

  3. 13 June 2025

    Amendments tabled in committee

    Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.

    Amendments in committee (ECON)

  4. 14 May 2025

    Draft opinion from BUDG (Budgets)

    An associated committee gives its view to the lead committee.

    Draft opinion (BUDG)

  5. 12 May 2025

    Draft report published

    The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.

    Draft report (ECON)

  6. 15 January 2024

    Referred to the ECON (Economic and Monetary Affairs) committee

    The lead committee prepares Parliament’s report.

  7. 21 November 2023

    Draft report published

    The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.

    Draft report (ECON)

Official record: Legislative Observatory, 2023/0321(CNS)