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EU CBAM — New consultations on authorizing CBAM Declarants and establishing a CBAM Registry

|Tax Alerts, National/Federal Taxation, G ...|European Union
European Union

  • Draft implementing regulations have been published on procedures to become an Authorized Carbon Border Adjustment Mechanism (CBAM) Declarant and the establishment a CBAM registry.
  • Both elements play an integral role in the CBAM process, especially in the run up to CBAM's being fully operational.
  • Businesses impacted by CBAM have until the end of November 2024 to submit comments and should continue to monitor and plan for necessary actions.
 

On 30 and 31 October 2024, the European Commission pub…

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