European Commission releases Annual Tax Report (ART) providing latest insights into the revenue mix
The European Commission has presented its Annual Report on Taxation (ART), offering a detailed overview of taxation policies in all EU countries on 10 July 2026. This report assesses recent trends in EU tax systems and identifies ways to enhance
See More
EU launches targeted trade defence strikes on steel, tyres, agri-food
Following a quiet start to the month, the European Union's trade policy took a sharp enforcement turn this week. Regulators launched a series of significant new trade defence actions, moving sequentially from the steel sector to the automotive
See MoreEU: Parliament adopts ‘EU Inc’ framework, centralised VAT regime to boost competitiveness
Members of the European Parliament have adopted a resolution (TA-10-2026-0270) outlining tax measures aimed at enhancing the EU's competitiveness on 9 July 2026. The proposals include simplifying VAT procedures, introducing coordinated and
See MoreEU: Belgium, Bulgaria, Cyprus face reasoned opinions over DAC9 transposition gaps
The European Commission issued reasoned opinions to Belgium, Bulgaria, and Cyprus for failing to fully transpose Directive (EU) 2025/872 (DAC9), which establishes rules for the filing and exchange of GloBE Information Returns (top-up tax information
See MoreEuropean Commission opens infringement cases against Germany, France, Italy over dividend tax rules
The European Commission has opened infringement procedures against Germany, France and Italy over national rules governing the taxation of dividends received from subsidiaries in other EU Member States, saying the legislation is incompatible with
See MoreEU steel safeguards renew in massive half-year regulatory reset
The week in EU trade policy was dominated by a massive, scheduled regulatory transition marking the start of the second half-year. The renewal of the EU’s extensive steel safeguard quota regime on 1 July was the centrepiece, driving the activation
See MoreEU hits US, Chinese chemicals with heavy duties amid wave of future controls
Regulatory activity in the European Union this week was marked by a dual-pronged tightening of trade policy. The most immediate impact came from the imposition of severe new anti-dumping duties on key chemicals imported from the United States,
See MoreEU adopts regulation reducing tariffs on selected US imports
The EU has adopted Regulation (EU) 2026/1455 on 25 June 2026, introducing reduced customs duties on a wide range of goods originating from the US to support stronger bilateral trade relations. The regulation reduces the Common Customs Tariff to
See MoreEuropean Commission releases final report on ATAD evaluation
The European Commission has published its final evaluation report on the Anti-Tax Avoidance Directive (ATAD) on 25 June 2026, covering the period from 1 January 2019 to mid-2025. The report assesses the effectiveness of ATAD in meeting its
See MoreEC proposes tax simplification package to streamline compliance, boost competitiveness
The European Commission adopted an ambitious tax simplification package on 24 June 2026, that includes two legislative proposals aimed at simplifying EU tax rules: reducing compliance burdens for businesses, and strengthening the competitiveness of
See MoreEU reportedly considers tariffs on Chinese hybrid vehicles amid trade tensions
The European Commission is preparing additional trade duties targeting Chinese-made plug-in hybrid vehicles, according to a report by the German business publication Handelsblatt on 19 June 2026. The announcement comes as EU leaders intensify
See MoreCJEU Advocate General supports Luxembourg’s ATAD transposition on securitisation entities from interest limitation rules
The Advocate General (AG) Juliane Kokott of the Court of Justice of the European Union (CJEU) has issued her opinion in Case C-138/24, involving an infringement claim by the European Commission against the Grand Duchy of Luxembourg on 18 June
See MoreEU issues Pillar Two compliance manual for 14 member states
The European Commission released a country-by-country compliance guide for multinationals navigating the EU's new global minimum tax framework on 10 June 2026. The “Manual for MNE Groups on Global Minimum Tax (Pillar Two) Compliance
See MoreEU, Korea (Rep.) sign digital trade agreement
The EU and Korea (Rep.) signed a Digital Trade Agreement (DTA) during the EU-Korea (Rep.) Summit held in Brussels on 10 June 2026. This DTA demonstrates the shared commitment to promote open, transparent, and rules-based trade. It is also in line
See MoreEU issues implementing regulation introducing interim flat-rate customs duty on low-value parcels
The EU has published the Commission Implementing Regulation (EU) 2026/1200 of 5 June 2026, which has been published in the Official Journal of the European Union, setting out measures to introduce an interim flat-rate customs duty of EUR 3 on goods
See MoreEuropean Commission announces 2026 ViDA work programme availability
The European Commission announced, on 22 May 2026, that it has published the work programme for VAT in the Digital Age (ViDA), covering implementation activities planned for 2026. The programme builds on the implementation strategy released in
See MoreEU, Mexico sign Modernised Global Agreement (MGA) and interim Trade Agreement (iTA)
The EU and Mexico have taken a major step forward in their partnership by signing the Modernised Global Agreement (MGA) and interim Trade Agreement (iTA) on 22 May 2026 At the 8th EU-Mexico Summit in Mexico City, both sides agreed to deepen their
See MoreEU finalises trade deal with US under Trump’s July deadline threat
The European Union reached a provisional agreement on Wednesday, 20 May 2026, to eliminate import duties on US goods, moving to avert threatened American tariffs after months of tense negotiations. European Commission President Ursula von der
See More