News articles written by Giovanni Gijsels

Clarification on CBAM Reporting Requirements

24 October 2023

CBAM (Important Update): Clarification on Reporting Requirements On 20 October 2023, the Federation of Belgian enterprises (VBO/FEB) hosted a CBAM information session with the participation of the European Commission (DG TAXUD) and two Federal Public Services (FOD/SPF), Finances and Public Health.  During the session, PwC raised an important question regarding the definition of the Reporting

CBAM – Implementing act approved and guidance released

23 August 2023

On 17 August 2023, the European Commission adopted the Implementing Regulation for the Carbon Border Adjustment Mechanism (CBAM). The approved Implementing Regulation and accompanying guidance:  Confirms the reporting obligations for the CBAM Transitional Period, which commences on 1 October 2023. Furthermore, it confirms that the CBAM reporting requirements and methodology will provide some flexibility when

Proposal published for a European Union Customs Reform: A new central EU Customs authority with a data-driven vision for a simpler, smarter and safer Customs Union

17 May 2023

Today, 17 May 2023, the European Commission published its long awaited proposals for a complete overhaul of the European Union customs environment. As they write in their press release, it is the most ambitious and comprehensive reform of the EU Customs Union since its establishment in 1968. With these proposals the European Commission would like

The Carbon Border Adjustment Mechanism – It’s official!

16 May 2023

Today, the CBAM (Carbon Border Adjustment Mechanism) was published in the Official Journal of the European Union. This means that there is no going back and that the regulation will enter into force as of tomorrow, 17 May 2023 and that it shall apply as from 1 October 2023. Read more on CBAM in our

New legal framework for excise and general arrangements – Council Directive 2020/262

14 February 2023

A new legal framework for excise and general arrangements has been introduced by the Council Directive  2020/262, repealing the previous Directive 2008/118/EEC, which will be in effect as of the 13th of February  2023 with transitional provisions applicable until end 2023.  What is new?  Introduction of duty paid licenses Two new excise operator roles will