Source: DG TAXUD Strategic plan 2020-2024 https://commission.europa.eu/publications/strategic-plan-2020-2024-taxation-and-customs-union_en Description: Specific objective 3.1: Develop tax policy actions for a stronger, fairer and more efficient Single Market. Over the past 5 years, the economic and financial crisis had increased the pressure to consolidate public budgets and to promote efficient and growth-friendly tax systems. As Europe works to recover from the COVID-19 crisis, there will be a new focus on taxation policies supporting economic growth. At the same time, the level of public interest in restoring fairness to the international tax system will remain high in the coming years and there will be continued impetus to ensure that all companies making business in the Single Market pay tax where value is created. To this end, in July 2020, DG TAXUD presented an Action Plan for fair and simple taxation supporting the recovery strategy.