The European Commission announced the publication of communication on a roadmap for a progressive and targeted transition to qualified majority voting (QMV) under the ordinary legislative procedure in certain areas of shared EU taxation policy. The roadmap includes gradual, four-step progression towards decision-making based on QMV as described below.
Under the EU plan, tax proposals would instead be approved by a qualified majority (QMV). This means that the proposal would need the support of 55% or more of EU states and at least 65% of the EU population. A ‘blocking minority,’ comprised of four or more member states that represent more than 35% of the EU population, can veto the decision. As such the Member States would be able to reach quicker, more effective and more democratic compromises on taxation matters, unleashing the full potential of this policy area.
The commission also initiates a four-step progression towards decision-making based on QMV as set out below:
The goal is steps 3 and 4 to be in place by the end of 2025.
The Commission is seeking consultation on QMV in EU tax policy. The EU Member States, the European Parliament, and all stakeholders are invited to engage constructively and define a timely and pragmatic approach for QMV implementation.
Source: European Commission
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