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17 August 2023

Wednesday, 6 September 2023 | EU Carbon Border Adjustment Mechanism goes live in October: Are you prepared for the reporting obligations? (10:00 am CEST)

The first phase of the Carbon Border Adjustment Mechanism (CBAM) regulation implementation will start on 1 October 2023. The newly introduced legislation affects not only the companies that are directly importing the respective CBAM-related goods or products, but also those that use these goods or products in their production or trade with them. Because of that, the introduction of the CBAM measures as a cost element will be important for such companies as well.

Considering the new regulation, companies must prepare for the relevant reporting obligations. Businesses also need to start looking into how the new legislation and the related payment obligations will affect their daily operations, costs and sales prices – while taking into account other business aspects as well.

During our upcoming webcast, we will summarize the most important CBAM rules and discuss how affected companies should prepare. 

Topics discussed include:

CBAM legislation and implementation phases

  • Scope of CBAM reporting obligations

  • Impact of CBAM on the companies’ activities from an administrative, payment and business point of view

  • Potential responses and key considerations for companies affected by CBAM regulation

  • Challenges and solutions for companies involved in global trade

  • How EY can support you in the transition

    Panelists

    • Dr. Áron Nagy, CESA Global Trade Leader, Tax Partner, EY Hungary
    • Nikolett Nánási, Tax Senior Manager, EY Hungary
    • Marta Kolbusz-Nowak, Tax Senior Manager, EY Poland

    Date: Wednesday, 6 September 2023

    Time: 10.00 CEST / 9.00 BST

    Registration: Click here to register

    Learn about and register for EY Global webcasts

    You can learn about and register for any EY Global webcast here.

    Document ID: 2023-5585

     
     

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