European Commission proposes far reaching VAT reform plans

The Court of Justice of the European Union (CJEU) delivered a judgment on 26 February 2026, examining how Belgium has transposed the Controlled Foreign Company (CFC) rules under the Anti-Tax Avoidance Directive (ATAD). The case centred on whether

With a view to boosting EU competitiveness, the EU Council announced the approval of a simplification of the sustainability reporting and due diligence requirements for companies on 24 February 2026. This legislation simplifies the directives on

The European Commission has approved a EUR 400 million Greek State aid scheme to support strategic investments that add clean technology (cleantech) manufacturing capacity in line with the objectives of the Clean Industrial Deal on 24 February

The European Commission has opened a call for evidence to gather stakeholder input on a new initiative aimed at simplifying the EU’s legal framework for direct taxation on 16 February 2026 . The consultation seeks to reduce administrative burdens

The European Council approved new customs duty rules on 11 February 2026, eliminating the current exemption for parcels valued under EUR 150. From 1 July 2026, an interim flat-rate duty of EUR 3 will apply to items in small parcels valued at less

The European Parliament's Committee on Economic and Monetary Affairs has released a draft report on 2 February 2026 proposing a unified approach to taxing the EU's financial sector. The document places particular emphasis on revising the VAT