The OECD just opened a public consultation on a revised Chapter VII of the Transfer Pricing Guidelines covering intragroup services, with comments due 22 July and a public consultation in November. Whereas the objective is to align Chapter VII with Chapters I–III and add practical illustrations without changing underlying principles, the draft is actually a substantial rewrite of the existing Chapter VII. In this podcast, Gilles Franssens and Jens Kiekens discuss key changes included in the discussion draft, when and how this could start having an impact, as well as what companies should do to get prepared.

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The European Commission’s proposal for a Tax Omnibus Directive has been leaked ahead of its official publication later this month.

The Tax Omnibus Directive aims to simplify the EU direct tax framework, reduce compliance costs for businesses and, ultimately, improve the EU's competitiveness. To that end, it proposes to amend six existing direct tax directives in one go: the Interest and Royalties Directive, the Parent-Subsidiary Directive, the FASTER Directive, the Tax Merger Directive, the Anti-Tax Avoidance Directive, and the Dispute Resolution Mechanisms Directive.

Many of the proposed amendments are highly ambitious. Find out more in this podcast about what the leaked proposal for a Tax Omnibus Directive has to offer!

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Welcome to the first episode of our new Tax Bites mini-series dedicated to the Carbon Border Adjustment Mechanism (CBAM) and the broader EU carbon taxation landscape. In this opening episode, Pieter sits down with our CBAM experts, Helena and Aurélien to set the stage: how does CBAM fit into the wider EU Green Deal and Fit for 55 package, how does it interact with the EU Emissions Trading System (ETS), and why does it matter now more than ever?

Our experts unpack the latest ETS and CBAM updates — from the phase-out of free allowances and the tightening of benchmarks, to the launch of the definitive period on 1 January 2026, the CBAM Omnibus simplification package, the refined methodology on embedded emissions, the proposed deduction for carbon prices already paid in third countries, and the proposed scope expansion to downstream iron, steel and aluminium goods from 2028.

We also bust one of the biggest myths circulating in the market: the idea that CBAM "only costs 2.5% in year one". Spoiler — the real cost is materially higher. Tune in!

Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites