On 26 February 2025, the European Commission (EC) released a new package of proposals (the Omnibus) to amend some key pillars of the European Green Deal. The overall goal of the Omnibus is to reduce reporting burdens, particularly for smaller and mid-sized entities, and increase efficiency in sustainability reporting.
Taxes are always a sensitive topic
Taxes are a touchy subject, but we can’t ignore the fact that tax policy, tax incentives and taxpayers’ tax compliance impact how fair, transparent and environmentally aware our society is.
Aggressive tax planning or links to partners or suppliers failing to comply with requirements can lead to a material risk to reputation.
Sustainable tax behaviour strategy is broad and still open to a variety of interpretations.
Grant Thornton Baltic’s international taxation experts help gain clarity as to this strategy and offer sustainable tax behaviour services in the following fields:
Compliance and reporting
Developing rigorous tax management with clear control mechanisms and processes to support tax decision-making and navigating tax obligations and related risks.
Cooperation
Bringing tax-related transparency to the company’s stakeholders, exchange of information and cooperation with tax authorities (e.g. making binding or nonbinding decisions in dialogue with the Tax Board, reporting on transfer pricing, cooperation plans).
Green tax incentives
Providing advice on tax opportunities in the field of environmentally friendly investments and activities.
A professional team in the Nordics and Baltics
We’ve formed a group of tax experts operating in the Nordics and Baltics who work effectively to solve any taxation matters, whether local or international.
Contact us!
If you have similar challenges and questions, please contact our specialists.
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On 26 February, the European Commission released significant proposals for easing the European Union’s sustainability rules. Called the Omnibus Package, the proposals covers the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD) and EU Taxonomy regulations.