Ireland: Revenue publishes new guidance on VAT treatment of end-of-lease transactions
Irish Revenue has issued eBrief No. 144/26 on 7 October 2026, introducing a new Tax and Duty Manual (TDM) on the VAT treatment of end-of-lease transactions. It applies where the lessor is a financial institution that buys an asset (movable goods)
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Ireland updates VAT rules for food and drink supplies, including 9% rate on hot meals
The Irish Revenue has issued Revenue eBrief No. 143/26 on 7 October 2026, updating its Tax and Duty Manual on the VAT treatment of food and drink supplied by wholesalers and retailers. The update reflects the application of the second reduced VAT
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Spain extends energy tax cuts through December 2026
Spain's government has approved Royal Decree-Law 25/2026 (Real Decreto-ley 25/2026) of 29 September 2026, extending emergency measures first adopted under Royal Decree-Law 7/2026 of 20 March 2026 and Royal Decree-Law 18/2026 of 29 June 2026. The
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Ireland introduces Pillar Two amendments, business incentives in Budget 2027
Ireland’s Department of Finance published Budget 2027 on 6 October 2026. The key tax measures are as follows: Corporation tax administration Budget 2027 introduces changes to preliminary corporation tax rules to provide greater
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Uruguay: MoF extends reduced VAT rate for tourism services
Uruguay’s Ministry of Finance ( MoF) has announced that the Executive Branch extended a nine-percentage-point reduction in the VAT rate for certain tourism-related services until 30 April 2027 under Decree No. 235/026, signed by President Yamandú
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Cyprus: Government approves VAT cuts, inflation relief measures
The Cyprus Council of Ministers and the Ministry of Finance announced a series of economic measures on 30 September 2026, designed to address rising prices across essential goods and services. Tax reductions on food and energy Cyprus will
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Ukraine proposes reduced VAT rates for essential goods
Ukraine's parliament is considering Draft Law No. 16069 of 14 September 2026, which proposes amendments to the Tax Code of Ukraine to reduce VAT rates on food products, medicines, children's items and other socially significant goods, and to lower
See MoreCyprus tax authorities introduce zero VAT rate on essential goods through October 2027
The Cyprus Taxation Department, in a release on 2 October 2026, announced a temporary reduction in value-added tax on basic food items and staples, effective from different dates through 31 May 2027. The decision follows Decree K.D.P. 354/2026,
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Poland extends fuel price relief through year-end
Poland's Ministry of Finance and Economy has introduced another round of tax cuts on motor fuels on 2 October 2026. The latest tax round goes into effect on 3 October 2026. The reductions apply until 31 December 2026. The Value Added Tax
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Vietnam extends fuel tax relief measures until end of 2026
Vietnam's government has extended its package of fuel tax relief measures to 31 December 2026, saying the move will help keep the domestic market steady while supply worries linger because of the war in the Middle East. Under a resolution, signed
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Ukraine considers 2027 budget with VAT increase to fund war risk insurance
The Ukrainian Parliament is considering the draft Law on the State Budget for 2027, which was submitted on 15 September 2026. The draft sets a deficit limit of UAH 1.67 trillion and includes provisions for a fund to insure Ukrainian businesses
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Poland: 2027 budget raises corporate and excise taxes, eases middle-income PIT
Poland's Council of Ministers adopted the draft 2027 budget act on 29 September 2026, introducing changes designed to ease the tax burden on middle-income earners while strengthening support for families and pensioners. The new budget allocates
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Austria extends fuel price relief through November 2026
The Austrian government confirmed, on 23 September 2026, that it will extend and expand its fuel price cap beyond its September expiration. The coalition of ÖVP, SPÖ, and NEOS parties agreed to reactivate the measure at a significantly larger
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Senegal: Draft 2026 Amending Finance Bill proposes economic solidarity contribution on e-money operators
Senegal's General Directorate of the Budget published the draft Amending Finance Bill for 2026, which details a significant restructuring of the national budget. The government outlines a revised fiscal strategy necessitated by international
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Italy clarifies VAT treatment of private-cage data centre services
The Italian Revenue Agency (IRA) has published Ruling No. 175 of 17 September 2026, clarifying the VAT treatment of data centre colocation services. The ruling responds to a query from a foreign cloud computing company operating through an Italian
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Germany: Restaurant VAT relief fails to cut menu prices
Germany's restaurant sector received a EUR 4 billion tax reduction at the start of 2026 when the government permanently lowered value-added tax on restaurant meals from 19% to 7%. A study by WMP Consult, ordered by the Food, Beverages and
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Netherlands unveils 2027 tax plan with corporate, VAT and PIT changes
The Dutch government presented the 2027 Budget, including the Tax Plan for 2027 (Belastingplan 2027), on 15 September 2026. Corporate adjustments From 2027, embedded currency hedging results on participation investments will no longer qualify
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Japan: Cabinet approves food tax cut plan
Japan’s cabinet approved an outline on 15 September 2026 to reduce the consumption tax on food from 8% to 1% for two years from April 2027, alongside household payouts equivalent to the remaining 1%. The proposed measures are intended to ease the
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