EU Commission presses France to end restriction breaching parent-subsidiary rules
The European Commission sent a letter of formal notice to France for applying national criteria to determine whether a parent company qualifies for a withholding tax exemption on subsidiary distributions, in its March 2026 infringements package. The
See MoreEU updates tax blacklist: Turks and Caicos, Vietnam added; Fiji, Samoa, Trinidad and Tobago removed
The Council of the European Union has published Council conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes (C/2026/1465) in the Official Journal of the EU on 6 March 2026. The revised list of non-cooperative tax
See MoreItaly clarifies Swiss cantonal net wealth tax not creditable against CFC tax
The Italian tax authorities have issued Ruling Answer No. 70/2026, which addresses a specific tax query regarding whether a Swiss cantonal tax—the "Capital Tax"—can be deducted from the Italian taxes due under the Controlled Foreign Company
See MoreFrance updates 2026 rent, tenant income ceilings for property investment incentives
France’s tax authorities have released the 2026 rent and tenant income ceilings for rental property investment schemes on 10 March 2026. From 1 January 2026, properties must be rented within the set ceilings, and tenants’ incomes must meet
See MoreFrance clarifies VAT rules for dropshipping without IOSS registration
France’s tax authorities have issued guidance on value-added tax (VAT) for dropshipping transactions where merchants sell goods online to consumers in France or other EU Member States without holding inventory and have not opted into the VAT
See MoreHungary: NAV to expand AI-driven tax fraud detection in 2026
Hungary's tax authority, the National Tax and Customs Office (NAV) will significantly expand its use of artificial intelligence and risk analysis to identify fraudulent taxpayers in 2026, NAV President Ferenc Vágujhelyi stated on 20 February
See MoreEuropean Parliament updates analysis on economic impact of US tariffs on the EU
The European Parliament has released an updated briefing on 5 March 2026, examining the economic, financial, and monetary impacts of US tariffs on the EU. This briefing provides an overview of the economic, financial, and monetary implications of
See MoreIreland: Revenue updates PAYE guidance for employers
The Irish Revenue has issued eBrief No. 043/26 announcing updates to the Employers’ Guide to Pay As You Earn (PAYE) with effect from January 2019. The PAYE system is a method of tax deduction under which employers calculate and deduct income
See MoreIreland: Revenue updates guidance on Expressions of Doubt under Full Self-Assessment
Irish Revenue issued eBrief No. 041/26 on 2 March 2026, announcing updates to guidance on Expressions of Doubt under the Full Self-Assessment system for Income Tax, Corporation Tax and Capital Gains Tax. The update revises Tax and Duty Manual
See MoreHungary releases ViDA implementation plan
Hungary's National Tax and Customs Administration (NTCA) and Ministry of National Economy (NGM) have published a roadmap for implementing the EU’s ViDA directive. The plan outlines major changes to Hungary’s e-invoicing system. Core
See MoreEU, Canada strengthen CETA partnership with new investment, trade measures
The European Commissioner for Trade and Economic Security, Maroš Šefčovič and the Canadian Minister for International Trade, the Honourable Maninder Sidhu, co-chaired the fifth meeting of the Joint Committee of the European Union (EU)-Canada
See MoreEU, Canada launch negotiations for a digital trade agreement
The EU Commissioner for Trade and Economic Security, Maros Sefcovic, and Canada's Minister for International Trade, Maninder Sidhu, launched negotiations for an EU-Canada Digital Trade Agreement (DTA) on 6 March 2026. Building on nine years of
See MoreFrance nears completion of tax treaty negotiations with Cambodia
France began negotiations with Cambodia at the end of 2023 for an income tax treaty. The talks are now “about to be completed,” according to a response published on 5 February 2026. The treaty will prevent double taxation for residents
See MoreSweden gazettes temporary VAT cut on food, bottled water
Sweden has announced a temporary reduction in the value-added tax (VAT) on food and bottled water, lowering the rate from 12% to 6% from 1 April 2026 to 31 December 2027, as published in the Official Gazette on 3 March 2026. The move follows
See MoreRomania signs DPI MCAA for automatic exchange of digital platform income information
Romania signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI MCAA) on 11 February 2026, bringing the total number of signatories to 33, according to an OECD
See MoreRomania: MoF announces fiscal reforms to combat tax evasion, reduce bureaucracy
Romania’s government announced on 5 March 2026 that it has approved a new Emergency Ordinance, proposed by the Ministry of Finance, designed to strengthen tax collection mechanisms while simplifying administrative procedures for businesses. The
See MoreEU confident US will honour bilateral trade deal despite new tariffs
European Union Trade Commissioner Maros Sefcovic expressed confidence on Thursday, 5 March 2026, that the US will uphold last year's trade agreement between the two partners, citing reassurances from American officials. President Donald Trump's
See MoreIceland: Court of Appeals rule taxpayers must prove arm’s length pricing in related-party deals
The Icelandic Court of Appeals (Landsréttur) upheld the ruling of the District Court of Reykjavík in Iceland’s first transfer pricing case (No. 213/2025) on 19 February 2026. The court confirmed that taxpayers must prove that related-party
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