Estonia: Parliament approves termination of tax treaty with Belarus
The bill has now been sent to the President for ratification. The Estonian parliament passed a law to terminate the 1997 income and capital tax treaty with Belarus on 18 June 2025. The move follows Belarus’s suspension of key treaty
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Luxembourg updates CRS partner jurisdictions list, adds four countries
The Common Reporting Standard partner jurisdictions list has been updated to include 115 countries. Luxembourg published the Grand-Ducal Decree of 6 June 2025 in the Official Gazette, amending the list of partner jurisdictions for the exchange of
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Austria, Kuwait sign protocol to tax treaty
The protocol includes provisions to update tax information exchange mechanisms and aligns the treaty with minimum BEPS (Base Erosion and Profit Shifting) standards. Austria and Kuwait signed an amending protocol to their 2002 income and capital
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Ireland: Revenue updates guidance on DAC, equivalent frameworks
Irish Revenue updated its Tax and Duty Manual to include Ireland’s adoption of the DAC directives and equivalent international information exchange frameworks. The Irish tax authority (Revenue) has published eBrief No. 118/25 on 16 June 2025,
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Latvia postpones mandatory B2B e-invoicing to 2028
B2B e-invoicing will become mandatory for businesses starting 1 January 2028. Latvia published Amendments to the Accounting Law in the Official Gazette on 11 June 2025, delaying mandatory B2B e-invoicing. B2B e-invoicing will become mandatory
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Italy amends CFC rules, tax loss carry-forward provisions
The adopted tax measures include updates to controlled foreign company (CFC) rules and tax loss carry-forward provisions. Italy has published Decree No. 84 of 17 June 2025 in Official Gazette No. 138 on 17 June 2025, introducing changes to the
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Latvia consults draft law on mandatory e-invoicing
The draft is aligned with EU digital reporting standards and establishes technical requirements, submission procedures, and a phased implementation schedule. The Latvian Cabinet has launched a public consultation on a draft regulation outlining
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Italy extends deadline for penalty protection on hybrid mismatch documentation
Calendar-year taxpayers now have until 31 October 2025 to finalise documentation for the years 2020 through 2024. Italy’s Ministry of Economy and Finance has issued Decree Law No. 84 on 17 June 2025, extending the deadline for taxpayers to
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Poland: Government approves bill introducing mandatory e-invoicing
The Council of Ministers approved the bill introducing KSeF, aimed at simplifying document circulation, easing invoice handling for businesses, and reducing tax fraud. The Poland Council of Ministers adopted a draft law amending the VAT Act and
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Slovak Republic: MoF consults DAC9, Pillar Two implementation bill
DAC9 introduces new rules for sharing top-up tax information and filing obligations under the Pillar Two GMT Directive (Directive (EU) 2022/2523). The Slovak Republic's Ministry of Finance has opened a public consultation on a draft bill to
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Netherlands: House of Representatives approve tax treaty with Curacao and San Marino
The tax treaty aims to prevent double taxation and curb tax evasion in cross-border transactions between Curacao and San Marino. The Netherlands’ House of Representatives approved the income and capital tax treaty between Curacao and San Marino
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Luxembourg ratifies income and capital tax treaty with Colombia
Luxembourg has ratified the income and capital tax treaty with Colombia, following parliamentary approval in April 2025. Luxembourg published the Law of 21 May 2025 in the Official Gazette on 16 June 2025, ratifying the income and capital tax
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Czech Republic, Japan negotiates new tax treaty
The treaty will update and replace the 1977 tax agreement between Japan and the former Czechoslovakia. Japan's Ministry of Foreign Affairs has announced that negotiations for a new income tax treaty with the Czech Republic began on 16 June
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Croatia to mandate B2B e-invoicing from 2026
E-invoicing will be mandatory for domestic B2B transactions. The Act takes effect on 1 September 2025, and the main e-invoicing requirements will start on 1 January 2026. Provisions for the new MIKROeRUKUN application for issuing, receiving, and
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Malta: Revenue publishes overview of key 2025 income tax Act amendments
Malta’s Revenue outlines key 2025 income tax act amendments, covering deductions, tax bands and reliefs. Malta's Commissioner for Revenue published a memo on 13 June 2025 outlining amendments to the Income Tax Act (ITA) introduced by the Budget
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Lithuania, Vietnam sign letter of intent for income tax treaty
Lithuania and Vietnam signed a letter of intent on 12 June 2025 to negotiate their first income tax treaty, which will take effect after finalisation and ratification. Lithuania’s Ministry of Finance has announced that representatives from
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Czech Republic announces VAT on compensation for stolen goods
The Czech tax authorities clarified that compensation for stolen goods is subject to VAT only if ownership rights are transferred and the compensation directly relates to the goods. The Czech Republic’s Coordination Committee of the Chamber of
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Czech Republic considers amendments to Income Tax Act, plans R&D tax incentive boost
The amendments propose abolishing withholding tax, removing the CZK 40 million capital gains cap, and increasing R&D allowances. The Czech Republic’s Chamber of Deputies is reviewing a draft legislation on the"Act on Single Monthly Employer
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