Where the law stands, Dossier 2023/0322(CNS)
Transfer pricing
Consultation procedure (CNS): Parliament gives an opinion; the Council decides. · Parliament gives its opinion on a proposal. The Council decides, but must wait for Parliament’s opinion. · 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 10 April 2024. The Council takes the final decision.
- Referred to committee(done) 11 December 2023
- Committee work(done) Report adopted 22 February 2024
- Tabled for plenary(done) 1 March 2024
- Plenary vote(done) Adopted 10 April 2024
- Adopted by the Council(to come)
No plenary decision on this dossier is in our records yet.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Kira Marie Peter-Hansen (Greens)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Mep #197695 (EPP), René Repasi (S&D), Mep #197541 (ECR), Gilles Boyer (Renew), Mep #88715 (The Left)
The text, version by version
Newest first.
Adopted by Parliament· 10 Apr 2024
AI summary:Parliament's amended version of the Commission proposal for a Council directive on transfer pricing harmonises Member States' transfer pricing rules and the application of the arm's length principle.
Tabled for plenary· 1 Mar 2024
AI summary:Parliament's amended version of the Commission proposal for a Council directive on transfer pricing harmonises Member States' transfer pricing rules and the application of the arm's length principle.
Committee draft· 14 Nov 2023
AI summary:The rapporteur's draft report approves the Commission's proposal for a Council directive on transfer pricing as amended. It aligns the directive with the latest OECD Transfer Pricing Guidelines, simplifies it, and adds a sunset clause phasing it out for BEFIT groups from 2035 and all multinational groups from 2040.
Timeline
Newest first.
Plenary stage 2 steps
10 April 2024
Plenary vote
Sitting of 10 Apr 2024 Adopted text TA9-0219/2024Report A9-0066/2024
1 March 2024
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 3 steps
22 February 2024
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
11 December 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
14 November 2023
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
Official record: Legislative Observatory, 2023/0322(CNS)