Russia: State Duma approves first reading of employee incentive tax bill
Russia's State Duma has approved, in the first reading, a Ministry of Finance bill that would introduce tax incentives for administrators of employee incentive programmes by extending an existing tax exemption. This announcement was made on 7
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UK: Supreme Court rules deferred partner profits taxable as miscellaneous income under Section 687
The UK Supreme Court ruled on 17 June 2026 that payments received by partners under a deferred remuneration scheme are taxable as miscellaneous income under section 687 of ITTOIA 2005, upholding the Court of Appeal's decision in HMRC v HFFX LLP
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Ireland reintroduces 9% VAT for food businesses, hairdressers
Ireland's Government has announced, on 30 June 2026, the reintroduction of the 9% VAT rate for food and catering services and hairdressing from 1 July 2026, delivering a commitment set out in the Programme for Government. According to the
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Italy gazettes consolidated Income Tax Code effective from 2027
Italy has published Legislative Decree No. 117 of 19 June 2026 in the Official Gazette, introducing a new consolidated Income Tax Code (Testo Unico delle disposizioni legislative in materia di imposte sui redditi) that will apply from 1 January
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Spain opens 2025 corporate income tax filing
The Spanish Tax Agency has launched the 2025 Companies Campaign, with the filing period for Corporate Income Tax opening on 1 July 2026. The campaign includes a dedicated webpage bringing together guidance, updates and support materials to help
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Italy consults ViDA directive implementation
Italy’s Department of Finance has launched a public consultation on 22 June 2026 regarding a draft legislation implementing part of the EU Directive 2025/516 regarding VAT rules for the digital age (often referred to as ViDA). The proposed
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Bosnia and Herzegovina introduces rules for VAT refund on first supply of residential property
Bosnia and Herzegovina has adopted a regulation establishing the procedures for VAT refunds on the first supply of residential property for eligible first-time home buyers. The rules apply to purchases of newly built residential properties subject
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UK, Sweden publish MoU on tax treaty arbitration procedures
The UK's HM Revenue & Customs (HMRC) has published a memorandum of understanding (MoU) with Sweden setting out the arbitration procedures under Article 23 of the 2015 UK-Sweden Double Taxation Convention, as amended by the 2021 Protocol. The
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Germany gazettes tax advisory reforms, anti-profit shifting measures enter into force
Germany published the Ninth Act Amending Provisions in Tax Consultancy Law and Tax Law in the Official Gazette on 2 July 2026. The legislation introduces extensive reforms to the regulation of tax advisors and tax advisory organisations while
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Sweden expands simplified VAT scheme, exempts food donations
The Swedish government has proposed reforms to simplify Value Added Tax (VAT) rules for second-hand goods and food donations, with amendments to the Value Added Tax Act (2023:200) aimed at reducing administrative burdens for businesses while
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Cyprus, Sweden sign amending protocol to tax treaty
Cyprus and Sweden signed an amending protocol to their income tax treaty on 3 July 2026 in Lefkosia, with Cyprus Minister of Finance Makis Keravnos and Swedish Ambassador Martin Hagström serving as signatories. The protocol marks the first revision
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France issues guidance on differential contribution on higher-income households
France's Tax Authority issued guidance on 30 June 2026 on the exceptional (differential) contribution on higher-income households, providing further details on the operation of the measure introduced by the Finance Law for 2025 and extended under
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Poland to implement EU flat-rate customs fee on online purchases from outside bloc
Poland's Ministry of Finance has announced changes to e-commerce rules effective 1 July 2026, including the removal of the customs duty exemption for online purchases from outside the EU valued at up to EUR 150. The EU scrapped its old EUR 150
See MoreSpain cuts hydrocarbon tax rates, extends diesel aid through September 2026
The Spanish Tax Agency has announced the publication of Royal Decree-Law 18/2026 in the Official State Gazette (BOE), introducing tax measures under the Comprehensive Response Plan to the Crisis in the Middle East. The legislation, dated 29 June
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Greece: AADE extends GIR filing deadline, issues Pillar Two guidance
Greece's tax authority (AADE) published two administrative guidance documents for taxpayers subject to Pillar Two global minimum tax requirements under Bill 5100/2024. Decision A.1131/2026 establishes the complete filing and information exchange
See MoreUK confirms no Pillar Two late-filing penalties for returns filed before August 2026
UK’s tax authority, HMRC, has updated its Pillar Two guidance on 26 June 2026, confirming that under its transitional approach to implementing the Pillar Two top-up taxes, it will not impose late filing penalties for UK tax returns, overseas
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Belarus introduces tax incentives for robotics sector from July 2026
Belarus has introduced new tax incentives to promote the robotisation of its economy under Edict No. 198 of 17 June 2026. Legal entities implementing robotics are eligible for the following tax incentives: Key tax incentives Depreciation:
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Austria approves sixth protocol amending 1974 tax treaty with Switzerland
The Austrian Council of Ministers, at its meeting on 1 July 2026, gave approval for the signing of the sixth protocol amending the 1974 income and capital tax treaty with Switzerland. The agreement seeks to prevent double taxation and fiscal
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