Friday, October 09, 2026
Greece has postponed the start dates for mandatory electronic invoicing for businesses with turnover below EUR 1,000,000, as well as the deadlines for implementing Phase B of the digital monitoring of stock movements, according to joint decisions announced on 30 September 2026. The decisions were issued by Deputy Minister of National Economy and Finance Dimitrios...
The European Commission adopted a Delegated Regulation on 21 September 2026 that introduces a fixed handling fee of EUR 2 per item. This charge applies to goods sold through distance sales by non-EU retailers and subsequently released for free circulation within the EU. The regulation will become applicable across all Member States on 1 November...
The Trump administration has begun limiting aircraft component exports to China as part of a broader strategy to gain negotiating power over rare earth mineral access. The effort signals how Washington plans to use supply chain dependencies as leverage in upcoming trade discussions. Commerce Department takes action The Department of Commerce has slowed export licensing...
The US Internal Revenue Service (IRS) announced, on 1 October 2026, that it is recruiting volunteers and community organisations to help provide free tax preparation services during the upcoming filing season. Two programmes drive this effort: the Volunteer Income Tax Assistance (VITA) programme and the Tax Counselling for the Elderly (TCE) programme. Both programmes connect...
The Slovak Republic’s Ministry of Finance has issued a series of notifications on tax return forms and related instructions applicable to tax years ending on or after 31 December 2026, for filings due in 2027. Notification No. MF/014310/2026-721 Type A (DPFOA): For individuals whose only income is from employment. The 2025 form pattern (MF/012185/2025-721) remains...
China’s State Taxation Administration (STA) has released the National Tax Administrative Penalty Discretionary Benchmark (2026 Edition) through Announcement No. 20 of 2026 on 28 September 2026. The new standards set uniform guidelines for how tax authorities impose administrative penalties across China’s regions. Legal foundation and scope The discretionary benchmark draws from several core laws: the...
Poland’s President Karol Nawrocki signed a windfall tax bill on 1 October 2026 that targets oil and gas companies. Parliament had already approved the legislation, which aims to recapture profits that energy firms earned from supply disruptions caused by the Middle East conflict. The tax applies to 2026 revenues that exceed the previous year’s average...
Malaysia has signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 16 July 2026, according to an OECD update on 1 October 2026. The GIR MCAA is intended to reduce compliance burdens for multinational enterprise (MNE) groups by enabling the centralised filing of GloBE Information Returns. A key part...
The Brazilian Federal Revenue Service (RFB) announced, on 1 October 2026, the publication of Normative Instruction RFB No. 2342 on 15 September 2026. The amendment introduces two main regulatory updates. The first establishes the Globe Simplifying Rule for Substance-Based Tax Incentives (RSGIF). The second extends the applicability period for the existing Globe Transition Simplifying Rule...
The French government presented the Finance Bill for 2027 to the National Assembly on 1 October 2026 for parliamentary consideration. The proposed 2027 budget aims to address a challenging economic backdrop characterised by a widened deficit of 5.4% of GDP in 2026 and mounting debt interest charges Corporate income tax (CIT) surcharge for large companies...