Denmark proposes amendments to property tax rules
The consultation addresses proposed changes to property tax rules, including retroactive preliminary assessments and loan scheme adjustments, and closes on 21 August 2025. Denmark launched a public consultation on a draft bill proposing technical
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Austria issues second set of FAQs on minimum taxation Act
The FAQs on the Minimum Taxation Act provide detailed guidance on technical topics like prior-period income, joint ventures, mergers, and filing obligations. Austria’s Ministry of Finance published Part 2 of its FAQs on the Minimum Taxation
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Germany publishes revised DAC8 draft bill for crypto reporting
The updated draft of the DAC8 bill introduces new cryptocurrency reporting regulations in Germany, with the consultation period open until July 14. Germany's Ministry of Finance has released a revised draft bill for consultation to implement
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Czech Republic gazettes new tax and penalty waiver rules
New rules allow tax authorities to waive penalties and obligations in cases of requests, legal irregularities, or emergencies like natural disasters. The Czech Republic has published Act No. 218/2025 in the Official Gazette on 30 June 2025,
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Finland: MoF consults on OECD-based PE profit attribution
The deadline to submit comments is 30 June 2025. Finland’s Ministry of Finance has opened a public consultation to amend three key tax laws: the Income Tax Act, the Act on Taxation of Business Income, and the Act on the Elimination of
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Greece consults on EU-Aligned VAT rules for small businesses
The Greek Ministry of Finance is consulting on a draft law to align VAT rules with the EU small business scheme, offering cross-border VAT registration exemptions for small businesses under specific turnover thresholds. The Greek Ministry of
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Italy gazettes law authorising government to implement DAC8
The law establishes the European Delegation Law 2024, allowing the government to directly implement EU Directives through Legislative Decrees without further parliamentary approval. Italy has published Law No. 91 of 13 June 2025 (the European
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Slovak Republic: Parliament rejects proposal to cut VAT rate
The bill aimed to cut VAT from 23% to 20%. The Slovak Republic parliament has turned down several bills, including measures to reduce VAT rates. The bill proposed lowering the standard VAT rate from 23% to 20%. This means the planned change,
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Lithuania: Parliament approves loss carryforward clarification as part of tax reform package
Lithuania’s parliament has approved changes to loss carryforward rules, capping annual use at 70% of taxable income from 2026, with exceptions for certain low-rate taxpayers, as part of a broader tax reform to support the Defence Fund. The
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EU incorporates international CO2 credits into 2040 climate target
The European Commission proposed amending the EU Climate Law to set a 2040 target of a 90% reduction in net greenhouse gas (GHG) emissions from 1990 levels. The European Commission has proposed a legally binding EU climate target for 2040 to cut
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Greece proposes amendments to inheritance, gift, and real estate tax laws
Greece’s Ministry of Finance has opened public consultation on a draft bill proposing changes to inheritance and gift tax laws and expanding exemptions in the special real estate tax regime. The consultation runs until 8 July 2025. Greece’s
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Finland: MoF consults on DAC8 reporting rules
Comments from interested parties are due by 10 August 2025. Finland’s Ministry of Finance is conducting a public consultation on implementing the Amending Directive (2021/514) to the 2011 Directive on Administrative Cooperation (DAC8) into
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Poland: Parliament approves amendments to the CIT Act, VAT exemption threshold increase
Poland's Sejm approved amendments to the Corporate Income Tax Act and raised the VAT exemption threshold during sessions from 24-26 June 2025. Poland’s lower chamber of the parliament (Sejm) approved amendments to the Corporate Income Tax (CIT)
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Czech Republic: MoF issues draft forms for pillar two tax and reporting
The tax return form includes sections for Czech top-up tax, allocated top-up tax, and additional top-up taxes, completed using annexes. The Czech Republic’s Ministry of Finance has released draft forms for tax and information returns related to
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Finland: President approves extension of residency exemption for UCITS and AIF funds
The law extends the corporate residency exception for certain investment funds until 31 December 2026. Finland’s President ratified a law on 27 June 2025 extending the exception to corporate residency rules for certain investment funds until 31
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Slovak Republic: President signs DAC8, excise duty, and tax rate amendments
The President signs DAC8 bill, streamlines excise registration, standardises CNG/LNG tax, adjusts product tax rates, and cuts VAT on select goods. The Slovak Republic’s President has signed a bill amending the Act on Automatic Exchange of
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Netherlands: MoF outlines ViDA implementation plans
The Ministry of Finance announced a four-phase plan—policy research, legislation, technical elaboration, and implementation—to introduce VAT in the Digital Age (ViDA) package in the Netherlands. The Netherlands Ministry of Finance published
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Serbia, Germany conclude income tax treaty talks
Serbia and Germany have initialled a new agreement to avoid double taxation, updating the decades-old treaty to reflect modern tax practices and strengthen bilateral economic ties. Serbia and Germany have initialled a new Double Taxation
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