Poland proposes changes to DAC6 disclosure rules
Poland’s Ministry of Finance has proposed amendments to the mandatory disclosure rules (MDR) for potentially aggressive tax arrangements on 17 February 2025. The draft law aims to improve relations between taxpayers and tax authorities and
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EU: Parliament Tax Subcommittee meets with European Commissioner for tax, Hoekstra regrets US stance on the global Pillar Two agreement
The European Parliament's Subcommittee on Tax Matters (FISC) has convened a public meeting with Wopke Hoekstra, the European Commissioner for Taxation, on 6 February 2025. The highlights of the meeting are as follows: Pillar
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Greece clarifies fuel tax exemption for cruise ships without passengers
Greece's tax authority issued Circular E 2012/2025 to clarify fuel tax exemptions for professional cruise ships moving without passengers on 17 February 2025. The exemption applies in two cases: when a ship relocates between ports for the start
See MoreGreece updates VAT exemption procedures for exports and intra-community deliveries
Greece has updated the VAT exemption procedures for exports and intra-community deliveries through Decision No. A 1154/2024 on 17 February 2025, published in the Official Gazette. The changes focus on improving compliance with current
See MoreGreece, UAE tax treaty terminated
The Greek Public Revenue Authority (AADE) has announced that the 2010 tax treaty between Greece and the UAE was terminated on 18 December 2024. This follows the stipulations outlined in Article 30 of the treaty, which specified that the agreement
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Czech Republic clarify tax-related charges remissions
The Czech Republic’s General Financial Directorate has issued Decree D-67, which replaces Decree D-58, on 21 February 2025, providing guidance on waiving tax-related charges. This decree ensures consistent and fair consideration of requests to
See MorePoland: Parliament passes tax law amendments
Poland’s lower house of Parliament (Sejm) has approved two legislative measures to amend the nation's tax laws during its 20-21 February 2025 session. The tax measures are as follows: Tax Code updates: Easier submissions and interest on
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Andorra gazettes tax treaty with Romania
Andorra has gazetted the law ratifying the Andorra - Romania Income and Capital Tax Treaty (2024) in Official Bulletin No. 22 on 19 February 2025. Earlier, Romania and Andorra signed an income tax treaty on 27 September 2024. This is the first
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Netherlands announces 2025 tax treaty plans
The Netherlands Ministry of Finance, in a release on 19 February 2025, highlighted the status of its tax treaty network. The Netherlands currently has active tax treaties in place with 98 countries. The release highlights the Netherlands' ongoing
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France ratifies protocol to 2018 tax treaty with Luxembourg
France has published Law No. 2025-139 in the Official Gazette on 17 February 2025, approving the ratification of the protocol to the 2018 income and capital tax treaty with Luxembourg. The protocol was originally signed on 7 November
See MoreGreece updates WHT and digital transaction fee declarations
The Greece Public Revenue Authority has introduced updated declarations for withholding tax (WHT) and digital transaction fees, as outlined in Decision 1017/2025. The decision was published in the Government Gazette on 12 February 2025. These
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France publishes updated list of participating and reportable jurisdictions for CRS purposes
France has updated its list of participating and reportable jurisdictions under the Common Reporting Standard (CRS), effective from the 2024 tax year. The recent amendments include the addition of Armenia, Georgia, Moldova, and Ukraine to both
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Lithuania expands deductible corporate gift expenses
Lithuania's tax authority expanded the range of corporate gifts eligible for tax deductions as representational expenses, effective 17 February 2025. The updated regulations now include items such as sweets, edible gift sets, and alcoholic
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France advances CRS declaration deadline
France has shifted the annual Common Reporting Standard (CRS) declaration deadline for financial institutions from 31 July to 15 July. The change, introduced by Decree No. 2025-149, was published in the Official Journal on 19 February 2025. The
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Kyrgyzstan approves tax treaty with Cyprus
Kyrgyzstan's Cabinet of Ministers has approved an income tax treaty with Cyprus on 28 January 2025 following negotiations that concluded in April 2024. The treaty aims to eliminate double taxation on income while preventing tax evasion and
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Israel proposes withholding tax on digital asset transactions
Israel’s government proposed draft regulations on 21 November 2024 to impose withholding tax on digital asset transactions, including cryptocurrencies, tokens, and non-fungible tokens (NFTs). A recent ministerial memorandum clarified that
See MoreCzech Republic passes bill exempting crypto asset income from tax
The Czech Republic has gazetted a legislation on 14 February 2025 which exempts specific cryptocurrency transactions from individual income tax. The bill was previously approved by parliament and is set to take effect on 15 February
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Andorra ratifies tax treaty with Latvia
Andorra has announced in a notice in the Official Gazette that it has ratified the income and capital tax treaty with Latvia on 18 February 2025. The agreement between the two nations aims to eliminate double taxation with respect to taxes on
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