Friday, October 09, 2026
The Court of Justice of the European Union (CJEU) issued the judgment on 17 September 2026 in Case C-139/25, concerning the taxation in Spain of dividends received by Ishares Europe ETF, a United States-based collective investment undertaking. Ishares received dividends from shares in Spanish companies during the 2007 to 2010 tax years. Spain imposed tax...
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 Catering Union (NGG), examined more than 180,000 dishes across 12,000 restaurants to measure the impact....
Poland’s Ministry of Finance (MoF) has decided to postpone the imposition of penalties for incorrect use of the National e-Invoice System (KSeF) until 31 December 2027, extending the deferral by one year. The decision, announced on 16 September 2026, was made following requests from entrepreneurs, industry organisations, tax advisers and other market participants involved in...
US President Donald Trump signed H.R. 5366, the Doug LaMalfa Federal Disaster Tax Relief Certainty Act, on 11 September 2026. The Senate and House both passed the measure with overwhelming bipartisan support. The Doug LaMalfa Federal Disaster Tax Relief Certainty Act amends the US Internal Revenue Code to provide permanent-style tax relief for certain disaster...
Argentina’s Revenue and Customs Control Agency (ARCA) has published new FAQs clarifying how taxpayers can qualify for benefits under the Medium-Scale Investment Incentive Regime (RIMI). The guidance, published on 17 September 2026, confirmed that taxpayers must hold MiPyME status at the beginning of the fiscal year in which their first productive investment is made. A...
Korea (Rep.) will extend its fuel-tax cuts for another two months through the end of November 2026, the Ministry of Finance said on 18 September 2026. The existing tax reductions of 15% on gasoline and 25% on diesel and butane will remain in place. The measure is intended to ease fuel costs amid volatility in...
Germany’s government announced a fuel tax cut on 18 September 2026 to help motorists and businesses struggling with soaring energy costs. The energy tax on gasoline and diesel will drop by EUR 0.14 per litre, reducing total costs by approximately EUR 0.17 per litre when VAT is factored in. The measure will cost the government...
The Cyprus Council of Ministers approved a proposal from the Ministry of Finance on 10 September 2026 to extend the reduction in Special Consumption Tax (SCT) rates on motor fuels until 30 November 2026. The reduction, which was due to expire on 17 September, amounts to 8.33 cents per litre for both gasoline and diesel....
The Dominican Republic’s Directorate General of Internal Revenue (DGII) has issued General Rule (Norm) No. 02-26 on 16 September 2026, removing certain ITBIS withholding obligations for transactions involving authorised electronic invoice issuers. Under the rule, companies designated as ITBIS withholding agents under General Rule No. 02-05 will not have to withhold ITBIS when paying another...
European Union finance ministers met in Dublin on 18 September 2026 to discuss imposing a joint windfall tax on energy companies. The debate centres on profits these firms are making from surging oil and gas prices following the closure of the Strait of Hormuz. What triggered the discussion Oil futures climbed past USD 100 per...