2. June 2021
In its response of today to the European Commission, the ASCG stresses, among other things, the overly high challenges for companies resulting from the specifications of the draft Delegated Act on Art. 8 of the Tax Regulation.
The ASCG also refers to its survey of April 2021 (in German language) on the implementation of the new disclosure requirements in the German DAX30 companies and specifically addresses a number of unclarities that have still not been resolved by the requirements.
In addition, the ASCG indicates that it would continue the dialogue with German preparers and users and that it will submit emerging application issues to the Commission and the Platform on Sustainable Finance even after the regulation enters into force.
The text of the ASCG response of today can be obtained here.