Romania ratifies convention to implement Pillar Two tax rule
Romania has officially ratified the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI), marking a significant step in international tax cooperation. The ratification was formalised through Law
See MoreGreece updates CRS exchange list, now covering 88 jurisdictions
Greece has updated the list of jurisdictions with which it applies the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information (MCAA CRS) on a bilateral basis. The revised framework now covers 88
See MoreRussia approves tax code amendments on digital currency, digital rights regulation
The Government of the Russian Federation has approved amendments to the Tax Code at a government meeting held on 29 April 2026, aligning its provisions with a draft federal law establishing comprehensive regulation for the organisation and
See MoreFrance updates AEOI CbC participating jurisdictions list under CGI rules
France has updated the list of participating jurisdictions for the automatic exchange of information (AEOI) on country-by-country (CbC) reports through an order published in the Official Gazette on 26 April 2026. The update modifies the framework
See MoreRussia: Central bank cuts key rate on easing price pressures
The Board of Directors of the Bank of Russia on 24 April 2026 decided to cut the key rate by 50 basis points to 14.50% per annum, citing easing underlying price pressures and the economy’s gradual return to a balanced growth path. However,
See MoreCroatia: Parliament approves tax treaty with Australia
Croatia’s parliament has approved legislation that ratified the pending income tax treaty with Australia on 30 April 2026. The treaty is the first of its kind between the two countries and follows an agreement between Croatia and Australia on
See MoreSwitzerland further extends ‘too big to fail’ withholding tax exemption until end 2031
Switzerland has extended the withholding tax exemption provisions applicable to instruments issued by financial institutions designated as too big to fail (TBTF) for a fixed period until 31 December 2031. This announcement was on 30 April
See MoreItaly: 2026 pre-filled tax return introduces revised timeline, enhanced features
Italy's tax filing season begins with significant changes this year, as the Revenue Agency introduces a split calendar for different tax forms and expands digital capabilities for millions of taxpayers on 28 April 2026. Staggered access
See MoreFinland introduces comprehensive new rules for taxing permanent establishments
Finland has enacted three major tax laws—323/2026, 324/2026, and 325/2026—published in the Official Gazette on 28 April 2026, fundamentally reforming how permanent establishments operating in the country are taxed. The reforms bring Finnish
See MoreIceland cuts fuel VAT to 11% for summer period
Iceland's parliament has approved emergency legislation to slash the VAT rate on fuel from 24% to 11% for four months, offering relief to motorists during the summer travel season. The Law Amending the Value Added Tax Act and the Competition Act
See MoreGreece tables bill implementing DAC8/DAC9, global minimum tax measures
Greece introduced an omnibus bill in Parliament on 30 April 2026 through the Ministry of National Economy and Finance, aimed primarily at strengthening tax transparency through the incorporation of EU directives, alongside broad domestic tax reforms
See MoreUS: Trump Administration to raise EU auto tariffs to 25% amid trade deal dispute
US President Donald Trump announced on Friday, 1 May 2026, that he will increase tariffs on European Union automobiles and trucks to 25% next week, up from the previously agreed 15%, citing the bloc's failure to comply with their bilateral trade
See MoreFinland: MoF consults corporate tax cut, extended loss carry forward
Finland's Ministry of Finance has initiated a public consultation on significant corporate tax reforms designed to strengthen business competitiveness and stimulate investment. The proposed changes are scheduled to take effect on 1 January
See MoreBelgium e-filing system now available for 2025 corporate tax returns
Belgium's Federal Public Service (SPF) Finance has launched its Biztax electronic filing platform on 30 April 2026, enabling companies to submit corporate income tax returns for the 2025 income period. Companies with fiscal years ending between
See MorePoland: MoF consults on KSeF 2.0 e-invoicing event model
Poland's Ministry of Finance has opened a public consultation on proposed changes to its national e-invoicing platform, KSeF 2.0, focusing on how invoice-related business events and data changes should be handled and synchronised. The
See MoreCyprus: Council of Ministers approves signing of amending protocol to tax treaty with Sweden
The Council of Ministers of Cyprus approved, on 24 April 2026, the signing of a protocol to amend the existing income tax treaty with Sweden. The decision, published in the Official Gazette on the same date, authorises amendments to the 1988
See MoreBelgium opens tax-on-web portal for 2026 personal income tax returns
Belgium's Federal Public Service (SPF) Finance has launched its Tax-on-web e-service on 28 April 2026, enabling taxpayers and tax professionals to file personal income tax returns for the 2026 assessment year covering 2025 income. Taxpayers have
See MoreEuropean Commission urges Spain to address discriminatory tax treatment of non-resident workers residing in the country
The European Commission has issued a reasoned opinion urging Spain to end the discriminatory taxation of non-resident taxpayers who work and habitually reside in the country, as outlined in its April 2026 infringements package published on 28 April
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