France: DGFiP extends POS software certification deadline
France's Ministry of Finance (DGFiP) has extended the deadline for mandatory certification of point of sale (POS) and cash register software to 1 September 2026. The extension allows certification bodies more time to process applications and
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France updates list of companies subject to financial transaction tax
French tax authorities have updated the list of companies subject to the financial transaction tax (FTT) under Article 235 ter ZD of the General Tax Code on 17 December 2025. The update applies to French companies whose securities are traded on
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Denmark: Parliament approves temporary electricity tax relief
Denmark’s Parliament (Folketinget) passed Bill L 24 on 16 December 2025, reducing the general electricity tax to the European Union minimum rate for 2026 and 2027. The move follows the government’s 2026 Finance Bill and aims to provide Danes
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Hungary ratifies GIR MCAA
Hungary published Act XC of 2025 in the Official Gazette on 16 December 2025, ratifying the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA). Hungary joined the GIR MCAA, under Pillar 2 of the OECD/G20
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Italy: Revenue Agency issues guidance on cross-border VAT exemption for small businesses
Italy’s Revenue Agency issued the Circular No. 13 on 16 December 2025 on 17 December 2025, detailing the new cross-border exemption scheme for small businesses, introduced under Legislative Decree No. 180/2024, which implements changes to the EU
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Poland: Council of Ministers passes DAC8, DAC9
Poland’s Ministry of Finance announced, on 17 December 2025, that the Council of Ministers approved a draft bill to implement Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8) and Council Directive (EU) 2025/872 of 14 April 2025
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Netherlands: Senate approves 2026 Tax Plan package
The Netherlands Senate approved the legislative proposals contained in the 2026 Tax Plan package on 16 December 2025. The measures will enter into force once they receive royal assent and are published in the Official Gazette. The Ministry of
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Egypt unveils second tax facilitation package to ease procedures, boost compliance
The Egyptian Ministry of Finance announced a second tax facilitation package on 15 December 2025, aimed at simplifying tax procedures, expanding the tax base, and strengthening trust with taxpayers, investors, and the business community. The
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Netherlands: Tax Authority publishes guidance on pillar two for low-taxed intra-group transfers
The Netherlands Tax Administration has issued a guidance 15 December 2025 on calculating the amount of income inclusion top-up tax also known as the income inclusion rule (IIR), in the event of an internal transfer of a low-tax group entity between
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Australia: ATO updates guidance on Pillar 2 interactions with consolidation
The Australian Taxation Office (ATO) released new guidance on 17 December 2025 clarifying how Pillar 2 global minimum tax rules interact with tax consolidation for multinational enterprise (MNE) groups operating in Australia. Australian tax
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Greece: Parliament passes 2026 budget, includes PIT reliefs
The Greek Parliament passed the 2026 budget on 16 December 2025. It now awaits to be published in the Official Gazette and will take effect from 1 January 2026. The budget introduces a broad package of tax reforms aimed at easing household costs
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Ghana abolishes COVID-19 health recovery levy
Ghana’s President John Dramani Mahama signed the COVID-19 Health Recovery Levy Repeal Act 2025 into law on 10 December 2025, ending the 1% levy on goods, services, and imports from January 2026. The repeal fulfills a key campaign promise, as
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Montenegro: Government adopts multiple draft laws, approves BEPS MLI ratification
The Government of Montenegro adopted a series of draft laws, amendments, and international agreements on 11 December 2025 during a telephone session held without a formal meeting. The Government’s Public Relations Service made the announcement
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Ireland: Tax authority clarifies VAT deductibility for insurance, reinsurance
Ireland’s tax authority has issued updated rules on VAT deductibility for insurance and reinsurance activities. The guidance, published in the Tax and Duty Manual, defines life insurance, non-life insurance, and reinsurance, and confirms that
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Brazil: Chamber of Deputies passes taxpayer defence code, targets habitual tax defaulters
Brazil’s Chamber of Deputies has approved Complementary Bill 125/2022, which creates the Taxpayer Defence Code. This framework sets out the general rights, guarantees, and responsibilities of taxpayers, as well as the procedures governing their
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UK to regulate Crypto Assets from 2027
Britain will start regulating crypto assets from October 2027, the finance ministry announced on Monday, 15 December 2025. Legislation was set to be introduced in parliament later the same day, extending existing financial rules to crypto
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Denmark: Parliament approves DAC9 implementation, enables central Top-up tax filing
Denmark's Parliament passed Bill L 23 on 27 November 2025, introducing measures to implement Council Directive (EU) 2025/872 of 14 April 2025 (DAC9). The updated rules allow the automatic exchange of Top-up tax information returns under Directive
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Poland: MoF implements rules for national electronic invoicing system
Poland’s Ministry of Finance announced four implementing regulations governing the use of the National e-Invoicing System (Krajowy System e-Faktur – KSeF) on 16 December 2025. 1. Cases Exempt from Structured Invoices The regulation of 7
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