EU Parliament tax panel debates green shift, competitiveness and simplification
The European Parliament's Subcommittee on Tax Matters (FISC) organised a public hearing on "The role of tax in aligning the green transition and competitiveness" On 24 April 2025. At the hearing, experts were questioned on the role that tax
See More
Ireland: Revenue extends pay & file deadline for certain self-assessment taxpayers
Ireland Revenue has announced an extension to the Pay & File deadline for certain self-assessment Income Tax and Capital Acquisitions Tax (CAT) customers, as outlined in eBrief No. 088/25 on 24 April 2025. The new deadline for filing and
See More
Malta updates financial account information exchange guidelines
Malta’s Commissioner for Tax and Customs has released an updated version (4.7) of the guidelines on the Automatic Exchange of Financial Account Information (DAC2), published on 21 April 2025. The revisions include a new definition of
See More
EU imposes tariffs on Chinese construction equipment
The European Commission announced on 29 April 2025 that it had imposed duties of up to 66.7% on imports of Chinese construction lifts. The extra duties on Chinese mobile access equipment (MAE) will range from 20.6% to 66.7%. MAE is used to
See More
Belgium: Government presents tax reform plan to parliament, includes VAT measures
The Belgian Chamber of Representatives has released a policy note on 24 April 2025 detailing its tax reform plans for the upcoming year. The key measures of the tax reform plan include: Dividends received deduction rules Enhancing the
See More
Bahrain ratifies IPA with Hungary
Bahrain has completed the ratification of the Bahrain-Hungary Investment Protection Agreement (2024) through Law No. 19 of 2025, effective as of 23 April 2025. Investment Promotion Agreements (IPAs) commit national governments to reduce
See More
Lithuania proposes raising corporate tax rates, modifying taxation of immovable property
The Lithuanian Ministry of Finance has announced the introduction of a package of legal acts on tax amendments into the system of legal harmonisation on 16 April 2025. The key proposals involve raising the corporate income tax (CIT) rate, modifying
See More
Moldova approves new tax treaty with Germany
Moldova has issued Decree No. 175 on 18 April 2025, published in the Official Gazette, authorizing the signing of a new income and capital tax treaty with Germany. A tax treaty is an agreement between two nations aimed at addressing concerns over
See More
Estonia: Government approves tax treaty with Botswana
The Estonian government approved the income tax treaty with Botswana on 24 April 2025. The tax treaty aims to prevent double taxation and curb tax evasion. Earlier, officials from Botswana and Estonia signed an income tax treaty on 25
See More
France: Tax Authorities issue ruling clarifying withholding tax on dividend arbitrage
France’s tax authorities issued Ruling No. BOI-RES-RPPM-000203 on 17 April 2025, clarifying domestic withholding tax rules on dividend arbitrage. The ruling, following amendments in the 2025 Finance Law, introduces a beneficial ownership
See More
EU, US remain far from reaching a tariff agreement
The EU Economic Commissioner, Valdis Dombrovskis, stated on Friday, 25 April 2025, that the United States and the European Union still have work to do to reach a deal that avoids tariffs on each other's goods. The US has imposed 25% tariffs on EU
See More
Cyprus, Curacao sign income tax treaty
The Cyprus Ministry of Finance has signed an income tax treaty with Curacao on 23 April 2025. The agreement aims to eliminate double taxation on income and prevent fiscal evasion between the two nations. The agreement is based on the OECD Model
See More
Slovenia seeks input on crypto and derivative financial instruments tax bills
The Slovenian Ministry of Finance has launched a public consultation on the draft Act on Capital Gains Tax on the Disposal of Crypto-Assets and the draft amendment to the Act on Capital Gains Tax on the Disposal of Derivative Financial Instruments,
See More
Malta enacts Budget Act introducing elective tax and capital deduction rules
Malta has enacted Act No. IX of 2025 on 17 April 2025, implementing key income tax measures for the 2025 financial year. The Act introduces an Elective Tax, allowing for the application of Pillar 2 top-up taxes on an optional basis. This follows
See More
Brazil: Senate approves tax treaty protocol with Sweden
Brazil’s Senate approved the ratification of the amending protocol to the 1975 income tax treaty with Sweden on 23 April 2025. Signed on 19 March 2019, the protocol updates the treaty to meet minimum BEPS standards and introduces other changes.
See More
Slovak Republic: Parliament rejects bill to ease advance income tax rules for some taxpayers
The Slovak Republic Parliament has rejected a bill that brings amendments to the Income Tax Act on 15 April 2025. This legislation grants small and medium-sized enterprises, including both individual entrepreneurs and legal entities, greater
See More
Slovak Republic: Parliament rejects higher VAT threshold bill
The Slovak Republic Parliament rejected a bill to amend the VAT Act on 15 April 2025. The proposal aimed to raise mandatory VAT registration thresholds for businesses from EUR 50,000 and EUR 62,500 to EUR 75,000. Earlier, the Slovak Republic
See More
Finland: Government approves 2026–29 fiscal plan, introduces corporate tax cut and extended loss carryforward
Finland's Ministry of Finance has announced that the Government has approved the General Government Fiscal Plan for 2026–2029 on 23 April 2025. The decisions aim to strengthen the foundation for economic growth while prioritising the security of
See More