Austria consults Tax Amendment Act 2026 with Pillar Two safe harbours
Austria’s Federal Ministry of Finance announced a consultation on 22 October 2026 on the draft Tax Amendment Act 2026 (Abgabenänderungsgesetz 2026, or AbgÄG 2026) on 21 October 2026. The bill would amend 22 federal laws, with the Pillar Two
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Hungary proposes higher levies on big business, tax cuts for low earners in 2027 budget
Hungary’s government has presented a draft 2027 budget that pairs higher corporate and sectoral levies with tax relief for workers and families, Prime Minister Péter Magyar said in a speech before the agenda in Parliament on 19 October
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Bahrain: NBR issues updated excise guide covering tax rates, refunds, digital stamps
Bahrain’s National Bureau for Revenue (NBR) has published Version 1.2 of the Kingdom of Bahrain Excise Guide on 6 October 2026, outlining how excise tax operates in the country, from registration of goods to refunds and anti-evasion
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Saudi Arabia opens VAT refund claims for individuals on real estate supplies
Saudi Arabia’s General Secretariat of the Zakat, Tax and Customs Committees has begun accepting claims for VAT refunds on real estate supplies made by individuals, it announced on 13 October 2026. The claims cover supplies made from 14/04/1439
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Ukraine imposes 20% VAT on all cross-border e-commerce parcels
Ukraine’s parliament approved a package of tax and customs amendments on 15 October 2026 to bring cross-border e-commerce rules closer to European Union standards. The measures also reflect requirements of the International Monetary Fund. The
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UK: HMRC updates VAT guidance on cryptoassets
The UK’s HM Revenue & Customs (HMRC) published Help with VAT treatment of cryptoassets, Guidelines for Compliance GfC21 on 15 October 2026 and updated the guidance on 21 October. The guidance explains how UK VAT rules apply to businesses
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South Africa proposes SEZ transfer pricing reforms, corporate tax changes in Medium-Term Budget Policy
South Africa’s National Treasury has delivered the Medium-Term Budget Policy Statement (MTBPS) to Parliament on 21 October 2026. This package comprises three key amendment bills designed to implement the government's tax policy, monetary
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Chile introduces corporate tax cuts, investment incentives under new law
Chile published Law No. 21.850 in the Official Gazette on 17 October 2026, enacting a wide-ranging fiscal, regulatory, and economic package designed to promote post-disaster recovery, stimulate investment, and overhaul key tax and administrative
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Poland defers KSeF e-invoicing penalties to 2027, extends VAT reverse charge to 2030
Poland’s Council of Ministers adopted a draft law on 20 October 2026 that postpones fines for errors linked to the National Electronic Invoicing System (KSeF) until 31 December 2027. The same bill extends the VAT reverse charge for gas,
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Switzerland to vote on VAT increase to fund 13th pension
Switzerland's Federal Council on 5 October 2026 recommended that voters approve a 0.4% rise in value added tax (VAT) to help fund the 13th pension under the Old-Age and Survivors' Insurance (AVS). The proposal goes to a national vote on 29 November
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Saudi Arabia: ZATCA reminds businesses of September, Q3 2026 VAT return deadline
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has urged businesses subject to VAT to submit VAT returns for September and Q3 2026 by 31 October 2026. The deadline applies to September returns for establishments whose annual supplies
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UAE launches AI-powered digital platform for tourist VAT refunds
UAE’s Federal Tax Authority (FTA) launched, on 20 October 2026, an integrated digital platform powered by artificial intelligence (AI) for Value Added Tax (VAT) refunds to tourists, which it describes as the first of its kind worldwide. The
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Bulgaria proposes 33% windfall tax in 2027 draft budgetary plan
Bulgaria submitted its Draft Budgetary Plan for 2027 to the European Commission and the Eurogroup on 15 October 2026. Proposed tax measures include a 33% windfall profits tax for companies in certain sectors, personal income tax relief, mandatory
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France: DGFiP updates VAT guidance on international agent regime
France’s Tax authority, the Directorate General of Public Finance (DGFiP), published updated guidance on 14 October 2026 on the international agent regime for value added tax (VAT), following a public consultation held earlier this year. Under
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Netherlands enacts first phase of VAT in the digital age rules
The Dutch parliament has passed the first implementing stage of the VAT Digital Age Implementation Act (ViDA). On 6 October 2026, the Dutch Senate passed the legislation without debate or voting as a hammer piece. King Willem-Alexander and State
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Cyprus extends zero VAT rate on essential goods through 2027
The Cyprus Taxation Department has confirmed on 19 October 2026 that the zero rate of value added tax (VAT) will continue for a set of basic goods throughout 2027. The extension follows a Decree of the Council of Ministers dated 16 October 2026
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Ireland: Revenue updates VAT guidance on transport hire
Irish Revenue published eBrief No. 152/26 on 16 October 2026, announcing an update to its Tax and Duty Manual on the VAT treatment of the hiring or leasing of means of transport. The revision added a new paragraph 7 addressing the VAT treatment of
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Austria updates fiscal receipt rules for electronic payments
Austria has amended Section 132a of its Federal Fiscal Code (BAO) to simplify the electronic issuance of fiscal receipts, effective 1 October 2026. The change covers cash payments, including card payments, vouchers accepted instead of cash and
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