France: Parliament introduces VAT registration changes in 2026 Draft Finance Bill
The 2026 draft Finance Bill raises VAT exemption thresholds to EUR 41,250 (standard) and EUR 27,500 (real estate and construction). France's parliament has introduced changes to VAT registration thresholds in the draft Finance Bill for 2026,
See MoreSlovak Republic: MoF presents 2026 Draft Budgetary Plan to EU
The finance ministry submitted its Draft Budgetary Plan for 2026 to the European Commission for review as part of the EUโs annual budget coordination process. The Slovak Republicโs Ministry of Finance has announced, on 15 October 2025, that
See MoreFinland: Government submits third supplementary budget for 2025 to the Parliament
Finland submitted its third supplementary 2025 budget, proposing changes to spending, revenue, and borrowing. Finlandโs Government submitted its third supplementary budget proposal for 2025 to Parliament on 10 October, proposing changes to
See MoreIreland publishes Finance Bill 2025, increase rate of R&D tax credit
The 2025 Finance Bill introduces amendments covering VAT rates for hospitality and hairdressing, retirement savings, foreign dividend exemptions, and investment taxation, while updating various enterprise, property, and personal tax measures,
See MoreLithuania: State Tax Inspectorate clarifies DAC6 reporting rules
The State Tax Inspectorate of Lithuania published an updated commentary on 13 October 2025 regarding Article 61-2 of the Law on Tax Administration, which implements the EU Amending Directive 2018/822 (DAC6), requiring reporting of certain
See MoreLithuania: Government approves draft order for crypto-asset service providers, financial institutions under DAC8
Lithuania approved DAC8 rules imposing new reporting and due diligence obligations on crypto-asset providers and financial institutions from January 2026. The Lithuanian government has approved a draft order implementing Council Directive (EU)
See MoreGreece: IAPR clarifies tax incentives for corporate reorganisations
IAPR issued Circular E.2088/2025 on 10 October 2025, detailing rules for the new corporate reorganisation tax incentives. Greeceโs Independent Authority for Public Revenue (IAPR) has released a Circular E.2088/2025 on 10 October 2025, outlining
See MoreItaly to impose duty on Chinese fast-fashion imports to safeguard domestic industry
Italy plans a new tax on Chinese fast fashion imports, targeting online retailers like Shein and Temu, to protect its domestic fashion industry from low-cost competition. Italy is planning to introduce an additional tax on Chinese fast fashion
See MoreSlovak Republic: MoF publishes updated corporate tax return forms for 2026
The updated return forms must be used for filings with deadlines after 31 December 2025, while the 2024 forms remain for deadlines on or before that date. The Slovak Republicโs Ministry of Finance has published the updated corporate income tax
See MorePoland: Council of Ministers broadens withholding tax relief for foreign investors, pension funds to align with EU rules
The amendment adapts Polandโs CIT regulations to the rulings of the CJEUย concerning investment and pension funds. Polandโs Council of Ministers has adopted a draft amendment to Poland's Corporate Income Tax (CIT) Act on 14 October 2025,
See MoreItaly: MoF presents draft budget plan for 2026-28
Italyโs 2026 budget introduces a new three-year tax credit for businesses in SEZs, extends plastic, sugar, and tourist tax exemptions until 2026, allocates EUR 100 million for SLZs, and refinances the Nuova Sabatini incentive.ย Italyโs
See MoreLatvia: Government approves 2026 budget
The 2026 budget aims to boost revenue through excise taxes while easing living costs via a temporary VAT reduction on essential foods from July 2026. Latviaโs government has approved the 2026 state budget measures on 14 October 2025 and the
See MoreEU releases report on member statesโ departures from standard VAT rates
The report mentions that three countriesโLuxembourg, Ireland, and Italyโaccount for 75% of the 64 identified VAT rate deviations, while the remaining 25% are spread across seven other EU nations. The European Commission (EC) has published a
See MoreLithuania imposes fines for crypto reporting, account disclosure breaches
Lithuaniaโs parliament is introducing strict administrative fines for crypto-asset service provider non-compliance, failures to provide accurate information to tax authorities, and breaches of accounting, reporting, and inspection procedures, with
See MoreFrance: Parliament releases 2026 draft finance bill, features extended exceptional taxes on corporations
For 2026, France plans to extend the temporary corporate income surtax at reduced rates for large companies, accelerate the phased elimination of the CVAE business tax, and update global minimum tax rules.ย Franceโs parliament has released the
See MoreRomania approves prefilled VAT return
Romania approved prefilled VAT return under Order 2351/2025. Romania has issued Order No. 2351/2025, which was published in Official Gazette No. 942 on 13 October 2025, approving the use of the prefilled VAT return. The same issue of the
See MoreGreece signs Multilateral Competent Authority Agreement on the Automatic Exchange of Information on Income Derived Through Digital Platforms
Greece signed the DPI-MCAA on 11 September 2025,ย joining the OECD framework for automatic annual exchange of tax data from digital platform income. Greece signed the Multilateral Competent Authority Agreement on the Automatic Exchange of
See MoreBelgium introduces VAT bill on service supply rules and margin scheme for arts, antiques
The draft VAT bill updates rules on the place of supply for specific services, the profit margin scheme for art and antiques, and VAT rates, partly implementing EU Directive 2022/542. The Belgian government has introduced a draft VAT bill to the
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