Spain issues corporate and nonresident income tax forms for 2023
Spain’s Ministry of Finance has issued Order HAC/495/2024 in the official gazette (BOE), detailing the corporate income tax (CIT) and nonresident income tax (NRIT) return forms alongside associated refund or payment documents for tax periods
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Greece updates list of jurisdictions under AEOI-CRS
The Greek Public Revenue Authority (AADE) has announced an update with the publication of Circular A.1089, issued on 3 June 2024. This circular revises the lists of reportable and participating jurisdictions for the Automatic Exchange of Financial
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Malta implements public CbC reporting directive
Malta has implemented public Country by Country Reporting (CbCR) into domestic legislation (Act XVIII of 2024) on 17 May 2024. Multinational enterprises (MNEs) located in the EU and those outside the EU operating within the EU via a branch or
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Greece extends CIT filing deadline
On 13 June 2024, the Greek tax agency announced the new deadline for filing corporate income tax (CIT) returns, this announcement extends the deadline for submitting the corporate tax return (CIT) of 2023 to 26 July 2024. The usual deadline for 2023
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Austria: Parliament considers bill to amend tax laws
On 12 June 2024, Austria’s lower house of parliament approved Bill No. 2610 dB for consideration. This bill proposes key amendments to the Tax Amendment Act 2024. The bill focuses on three main measures: Deduction of grants for
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Denmark enacts law aligning tax rules with OECD standards
Denmark has enacted Law No. 684, published on 11 June, 2024, introducing amendments to align the Minimum Taxation Act with the OECD's model rules and guidelines for the Pillar Two global minimum tax. The law includes protection rules to prevent
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Germany releases draft regulation to implement e-invoicing for domestic B2B transactions
On 14 June 2024, Germany's Federal Ministry of Finance released a draft guidance on the mandatory implementation of electronic invoicing (e-invoicing) for domestic business-to-business (B2B) transactions, effective from 1 January 2025. Key Points
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Poland publishes DAC7 implementation act in the gazette
On 17 June 2024, Poland published the Act of 23 May 2024 amending the Act on the exchange of tax information with other countries and certain other acts in the Official Gazette. As previously reported, On 9 April 2024, Poland’s Council of
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Cyprus extends deadline for payment of central body fee for real estate transfers
In an announcement, the Cyprus tax authority, based on a new decision of the Tax Commissioner, the deadline for payment of the Fee of the Central Body of Equitable Burden Distribution without the imposition of monetary charges and interest has been
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Slovak Republic: Parliament dismisses fuel tax cut and depreciation options
On 18 June, 2024, the Slovak parliament rejected two proposed laws to temporarily reduce VAT and excise duty rates on gasoline and diesel from 1 July, 2024 to 31 December, 2025. Previously on 17 April, 2024, the Slovak parliament proposed a VAT
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Netherlands announces new decree on non-deductible interest under corporate tax law
On 14 June 2024, the Netherlands State Secretary of Finance published Decree No. 2024-12473 of 30 May 2024 in the Official Gazette. This new decree updates Decree No. BLKB2013/110M of 25 March 2013, which relates to non-deductible
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Switzerland approves tax treaty protocol with Germany
On 14 June 2024, the Swiss Federal Council announced it adopted the dispatch on the protocol of amendment to the double taxation agreement (DTA) with Germany. The protocol adapts the DTA to various changes in the needs of the contracting states and
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Spain parliament publishes draft bill for pillar two global minimum tax implementation
On 14 June 2024, Spain’s Congress of Deputies published the draft bill for implementing the Pillar 2 global minimum tax under Council Directive (EU) 2022/2523 of 14 December 2022. The bill includes the introduction of the Pillar Two income
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Belgium extends summer 2024 VAT deadline
On 11 June 2024, Belgium's Federal Public Service (SPF) Finance issued a release in which it announced extending the submission deadline for VAT declarations and their intra-community statements for the 2024 summer holidays. The new deadlines for
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Denmark to strengthen entrepreneurs with tax breaks
The Danish government announced a fresh approach to strengthen entrepreneurship and start-ups by implementing tax cuts and other beneficial measures on 12 June, 2024. The government will, among other things, provide tax breaks for entrepreneurs
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Lithuania approves partial implementation of global minimum tax, sets new notification rules
Lithuania’s parliament approved Law No. XIV-2680, on 6 June 2024, which partially implements the Pillar Two global minimum tax under Council Directive (EU) 2022/2523 of December 14, 2022. This legislation includes postponing main provisions,
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Iceland, Andorra tax treaty enters into force
As per a notice published in Andorra's Official Gazette, the income and capital tax treaty between Andorra and Iceland took effect on 10 May, 2024. The treaty, the first between the two nations, was signed on 28 February, 2023. The agreement
See MoreBelgium issues royal decree on public CbC reporting details
On 6 June, 2024, the Belgian government released the royal decree of 18 April, 2024 (Dutch/French). It amends the royal decree of 29 April, 2019, regarding implementation of the Belgian Code for Companies and Associations (BCCA). The new decree
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