While tax may not always sit at the forefront of public EU policymaking debates, developments over the past year point to a clear conclusion: 2026 is shaping up to be a pivotal year for EU tax policy, with implications that extend well beyond technical tax compliance. Ongoing discussions on simplification, the taxation of the digital economy and the financing of EU ambitions place taxation firmly at the intersection of policy design, competitiveness and fiscal stability.

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The rally in risk assets on ceasefire optimism came to a halt over the weekend. The ceasefire talks between the US and Iran collapsed in Pakistan and the US announced that the Strait of Hormuz will be blockaded to ships going to or from Iranian ports.

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On November 7 2025, the proposed acquisition of Solvinity Group B.V. (“Solvinity”) by Kyndryl Nederland B.V. (“Kyndryl”) was announced, causing quite a stir in the Netherlands. Kyndryl is an American company that, through this acquisition, will become the owner of the company that manages the digital infrastructure behind DigiD. DigiD is used by millions of Dutch citizens to log in to websites of the government and organizations with a public mandate. The completion of the acquisition is subject to the completion of various approval procedures, including a review by the Investment Assessment Bureau (“BTI”).

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On April 2, 2026, the President of the United States signed a Presidential Proclamation introducing significant tariffs on imports of patented pharmaceutical articles and their ingredients into the United States.

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What’s happening this week in economics? Deloitte’s team of economists examines news and trends from around the world.

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The European Blockchain Sandbox (‘Sandbox’), a European Commission initiative, concluded its work with the publication of the 3rd cohort best practices report in February 2026. The Sandbox provided a pan-European framework enabling cross-border regulatory discussions between blockchain/DLT innovators from both the private and public sectors with regulators and authorities on national and EU level.

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The German industry is under massive pressure. Several crises are unfolding simultaneously. Following Covid, the war in Ukraine, the energy crisis and the initial semiconductor crisis, many companies are under severe economic pressure. The current situation is making matters even worse.

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Loyens & Loeff New York regularly posts ‘Snippets’ on a range of EU tax and legal topics. This snippet is focused on the proposal for cross-border EU corporate structure.

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On 18 March 2026, the European Commission presented its long-awaited proposal for EU Inc. – a completely new, harmonised European company form intended to be the cornerstone of the so-called ‘28th regime’. The proposal is ambitious: it aims to provide European founders and investors with a common, digital corporate law framework applicable across the EU, without having to navigate 27 national legal systems and more than 60 different company forms. Below, we outline the key elements from a practical start-up and VC perspective.

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The prospect of a prolonged conflict of uncertain outcome sent stocks, bonds and almost all currencies except the dollar down. The sell off accelerated into the Friday close and continued in early Asian trading on Monday. Energy prices are spiking and dragging other commodities upward; these are the only major asset classes benefiting from the situation. Macroeconomic data around the world is starting to reflect the war’s consequences – higher inflation and lower growth.

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