This podcast highlights the main topics discussed and insights gained during PwC’s International Tax Webinar of 1 July 2026, which focused on a number of important recent developments in the area of European and international tax law and transfer pricing.

This episode of the podcast first provides an update on the state of play regarding Pillar Two compliance, where efforts continue despite the filing deadline of 30 June.

Subsequently, a short update is provided on the Tax Omnibus proposal, which puts forward several important amendments to six direct tax directives — the Parent-Subsidiary Directive, the Interest and Royalties Directive, the Tax Merger Directive, the Anti-Tax Avoidance Directive (ATAD), the Dispute Resolution Mechanism Directive and the FASTER Directive. The focus is on the most salient aspects of that proposal and the (minor) differences compared to the earlier (publicly leaked) version of the proposal, which was already discussed during an earlier episode of the podcast.

After that, the discussion turns to the recently published proposal for a recast of the Directive on Administrative Cooperation (DAC), which aims to create more legal certainty and cut red tape for businesses in respect of compliance and reporting obligations. It does so by bringing the DAC and its eight amendments together into a single text and by introducing a number of targeted simplifications, in particular under DAC 6 (including a Pillar Two carve-out and an extended reporting deadline), DAC 7 and the notification obligations under DAC 4 and DAC 9.

The podcast then turns to the public consultation on the update of Chapter 7 (intra-group services) of the OECD Transfer Pricing Guidelines. While an earlier episode of the podcast went into detail on the main changes in the discussion draft, this episode shares three key takeaways from the webinar's polling questions on how service transactions are structured within organisations.

Finally, some insights are provided on what we can expect in the upcoming months in terms of international and European tax policy developments.

Are you interested in listening to the recording of the International Tax Webinar and the slides? Reach out to Pieter Deré to obtain access.

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