​​Europe​

• Belgium: Guidance on individual income tax aspects of new capital gains tax on financial assets (in Dutch) (Government) (August 3) More

• Belgium: Belgium announces proposed e-reporting requirements beginning in 2028 (EY) (August 1) More

• Belgium: Capital gains tax: Tax authorities issue guidance (Deloitte) (July 31) More

• Belgium: Near-real-time e-reporting of invoicing data to be introduced (Deloitte) (July 25) More

• Belgium: Proposal to introduce e-reporting of invoicing data from 2028 (KPMG) (July 23) More

• Belgium: Belgian VAT authorities restrict the scope of “non-transfer of own goods” regime for temporary cross-border movements (DLA Piper) (July 16) More

• Belgium: GIR portal opens June 29, 2026 (KPMG) (June 27) More

• Belgium: Belgium delays GIR notification filing and clarifies timeline (EY) (June 19) More

• Belgium: Law introducing tax credit for increased commuting allowances published (Deloitte) (June 19) More

• Belgium: Draft UTPR top-up tax return published for public consultation (KPMG) (June 18) More

• Belgium: Pillar Two: First GIR notification deadline extended; final QDMTT/IIR forms published (Deloitte) (June 18) More

• Belgium: Important modification to wage withholding tax exemptions as from 1 January 2027 (Deloitte) (June 17) More

• Belgium, Luxembourg, and Netherlands: Falling asleep at work after the World Cup final: could this justify disciplinary action? (Loyens & Loeff) (July 18) More

• Cyprus: Cyprus adopts additional Pillar Two guidance and confirms entry-into-force dates for Side-by-Side package safe harbours; European Commission confirms qualified status of Cypriot IIR (EY) (July 8) More

• Cyprus: Curious case of Cyprus: comment on whether Cyprus’s IIR is “qualified” (Annalise Foong on LinkedIn) (June 22) More

• Cyprus: Announcements on implementation of Pillar Two framework (KPMG) (June 18) More

• Cyprus: Cyprus Pillar Two recent developments (EY) (June 16) More

• Cyprus and Hong Kong: Cyprus-Hong Kong SAR tax agreement signed (Deloitte) (June 24) More

• Denmark: Withholding tax refund case – Refund claims for interest and royalty withholding tax submitted by non-residents are subject to 5-year limitation period, rather than the general 3-year period (in Danish) (Court decision) (July 13) More

• Denmark: Withholding tax refund claims are subject to five-year limitation period (Supreme Court decision) (KPMG) (July 10) More

• Denmark: Withholding tax refund case – limitation period for repayment of withheld dividend and royalty tax (Supreme Court) (in Danish) (Court decision) (June 17) More

• EU: Schoger II case (Does Austria’s VAT exemption for services provided between companies in financial, insurance, and pension fund sector, breach EU State aid rules?) (European Court of Justice) (Court decision) (August 3) More

• EU: FASTER: European harmonization will not put an end to national specificities (Deloitte) (August 1) More

• EU: FASTER directive: Key developments and practical considerations (Deloitte) (August 1) More

• EU: The eTRC under FASTER: Beyond the certificate, a new approach to evidence and process (Deloitte) (August 1) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) (July 31) More

• EU: European Parliament resolution on feasibility of 28th tax regime; FISC public hearing on DAC recast proposal (KPMG) (July 31) More

• EU: EU trade update (Deloitte) (July 29) More

• EU: Public country-by-country reporting taxonomy project – updated (European Commission) (July 29) More

• EU: Foreign Subsidies Regulation Review Study (European Commission) (July 27) More

• EU: Report on implementation and enforcement of Foreign Subsidies Regulation (European Commission) (July 27) More

• EU: Sampension case – validity of eligibility restrictions on formation of VAT groups – EU VAT Directive (EGC decision) (July 27) More

• EU: European Commission publishes its first review report on the Foreign Subsidies Regulation (PwC) (July 23) More

• EU: Annual Report on Taxation for 2026 (European Commission) (July 20) More

• EU: Briefing on EU emissions trading system (European Parliament) (July 20) More

• EU: July 2026 infringements package (European Commission) (July 20) More

• EU: Price for CBAM certificates for Q2 2026 set at EUR 75.28 (European Commission) (July 20) More

• EU: Public consultation on proposed regulation concerning sale and purchase of CBAM certificates (European Commission) (July 20) More

• EU: EU tribunal rules that VAT exemption for credit management by those who granted it does not apply after credit assignment (DLA Piper) (July 16) More

• EU: Schoger II case – Austria’s VAT broad exemption for services provided between companies in the financial, insurance, and pension fund sector breaches the EU State aid rules (ECJ decision) (July 13) More

• EU: CJEU Advocate General opinion on loss-making non-resident shareholder receiving dividends subject to withholding tax (KPMG) (July 10) More

• EU: CJEU Advocate General opinion that Luxembourg correctly transposed ATAD interest limitation rules (KPMG) (July 10) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) (July 10) More

• EU: European Commission publishes (1) ATAD evaluation report and (2) study examining possible reforms to taxation of financial sector (KPMG) (July 10) More

• EU: European Commission publishes July 2026 infringements package (Deloitte) (July 10) More

• EU: European Commission publishes Tax Omnibus proposal – Key potential impacts for the financial sector (PwC) (July 10) More

• EU: European Parliament workshop on possible EU-wide DST (KPMG) (July 10) More

• EU: Nova Iberomoldes case – Portugal not permitted to impose real estate transfer tax on the contribution, to another company, of shares in companies owning immovable property, if the contribution qualifies as a restructuring operation under the EU Capital Duties Directive (European Court of Justice decision) (July 6) More

• EU: Study on VAT framework for financial services (Vol. 1) (European Commission) (July 6) More

• EU: Study on VAT framework for financial services (Vol. 2) (European Commission) (July 6) More

• EU: Last week, the EU published the Tax Omnibus proposal, the clearest sign yet that perhaps the EU is serious about competitiveness (Leonard Wagenaar on LinkedIn) (July 3) More

• EU: Evaluation report on Anti-Tax Avoidance Directive (ATAD) (European Commission) (July 2) More

• EU: Mutual Agreement Procedure: European Commission Omnibus Proposal (Rhys Bane on LinkedIn) (June 30) More

• EU: Credit management case (T-184/25) (Are credit management services performed by original lender subject to VAT where underlying loans have been transferred?) (Court decision) (June 29) More

• EU: Guidance on VAT treatment of EUR 3 customs duty and handling fee (European Commission) (June 29) More

• EU: Tax report for first half of 2026 (European Commission) (June 29) More

• EU: EU General Court rules that loan and securitization servicing is subject to VAT (EY) (June 27) More

• EU: European Commission's tax simplification package and the future of the Unshell substance tests (Macfarlanes) (June 27) More

• EU: European Commission issues DAC recast proposal (KPMG) (June 27) More

• EU: IPCEIs: A strategic instrument for European industrial policy (Deloitte) (June 27) More

• EU: European Commission's Tax Omnibus proposes significant ATAD amendments (PwC) (June 26) More

• EU: European Commission proposal for a recast of the Directive on Administrative Cooperation (Loyens & Loeff) (June 26) More

• EU: European Commission proposes recast of all Directives on Administrative Cooperation (PwC) (June 26) More

• ​EU: European Commission publishes proposals on Tax Omnibus and DAC recast (EY) (June 26) More

• EU: European Commission publishes Tax Omnibus proposal (PwC) (June 26) More

• EU: General Court of the European Union: Managing transferred loans is subject to VAT (Deloitte) (June 26) More

• EU: Commission proposes Taxation Omnibus to simplify direct taxation and boost EU competitiveness (Loyens & Loeff) (June 25) More

• EU: European Commission’s tax omnibus proposal published (Deloitte) (June 25) More

• EU: European Commission issues Tax Omnibus proposal (KPMG) (June 25) More

• EU: European Commission proposes DAC recast (Deloitte) (June 25) More

• EU: European Commission publishes EU Tax Simplification Package (Baker McKenzie) (June 25) More

• EU: Opinion statement on distinguishing between supply of goods and supply of services in EU VAT law (CFE Tax Advisers Europe) (June 25) More

• EU: Proposal for DAC recast (European Commission) (June 25) More

• EU: Tax omnibus proposal (European Commission) (June 25) More

• EU: Tax simplification package to streamline compliance and enhance competitiveness of the Single Market (European Commission press release) (June 25) More

• EU: We built an EU public CbCR module. We assumed “EU Directive = one standard”. We were spectacularly wrong. (David Zářecký on LinkedIn) (June 25) More

• EU: ECOFIN Council approves biannual report on tax issues (KPMG) (June 23) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) (June 22) More

• EU: GloBE compliance manual covering 14 Member States (European Commission) (June 22) More

• EU: VAT on credit management after transfer of loans (Loyens & Loeff) (June 18) More

• EU: EU tax alert (Loyens & Loeff) (June 17) More

• EU: CJEU ruling on the Portuguese real estate transfer tax on contributions and restructurings involving real estate companies (KPMG) (June 16) More

• EU: Pillar Two compliance manual (KPMG) (June 16) More

• EU: Isolanti case – C-308/25 –  does Italy’s tax amnesty scheme, which allows taxpayers to settle disputes by paying only part of the tax owed, breach EU law? (European Court of Justice) (Advocate General opinion) (June 15) More

• EU and France: CJEU referral on compatibility with EU law of French tax on share buybacks (KPMG) (July 31) More

• EU, France, Germany, and Italy: Formal EC notice requesting France, Germany, and Italy to align with PSD; EC updates on DAC9 infringement proceedings (KPMG) (July 31) More

• EU and Russia: EU adopts 21st package of sanctions against Russia (KPMG) (July 28) More

• EU and Sweden: AG opines Swedish rules for dividend withholding tax refund incompatible with EU law (Deloitte) (July 18) More

• EU and Luxembourg: AG opines Luxembourg securitization entities are financial undertakings under ATAD (Deloitte) (July 17) More

• EU and Italy: EU Council permits Italy to operate split-payment VAT system until June 2029 (EU Council) (July 14) More

• EU and US: President Trump calls out DSTs, vows 100% tariffs in response (Deloitte) (July 8) More

• EU and Germany: No VAT adjustment for subcontractor with respect to assigned bad debt (General Court decision); other German VAT developments (KPMG) (July 7) More

• EU and Australia: Public CbC reports: caution should be used in interpretation (AmCham EU) (July 6) More

• EU and Australia: Public CbC reports: caution should be used in interpretation (National Foreign Trade Council) (July 6) More

• EU and Luxembourg: Tax measures in European Commission tax simplification package most relevant to Luxembourg taxpayers (KPMG) (July 1) More

• EU and Germany: European Court of Justice ruling in Nova Iberomoldes expected to have implications for German real estate transfer tax (EY) (June 27) More

• EU and Germany: CJEU ruling on Portuguese RETT may have implications for purposes of German RETT (Deloitte) (June 17) More

• Finland: Update on indirect tax developments in May and June 2026 (Deloitte) (July 25) More

• France: Regulatory framework established for e-invoicing and digital reporting reform (KPMG) (July 31) More

• France: French tax authorities publish guidance on September 2026 e-invoicing mandate (EY) (July 28) More

• France: E-reporting requirements for foreign companies without PE (KPMG) (July 21) More

• France: Practical guide on e-invoicing (in French) (Government) (July 20) More

• France: Compliance expectations during e-invoicing start-up phase (KPMG) (July 17) More

• France: Implementation of mandatory e-invoicing (in French) (Government) (July 16) More

• France: Public CbC reporting – rules on format for presentation of information (in French) (Government) (July 14) More

• France: Pillar Two: First GIR filing deadline extended (Deloitte) (July 11) More

• France: Depreciation allowances on prototypes are eligible for the research tax credit (Deloitte) (June 23) More

• France: Free share awards: Toward recognition of eligibility for the research tax credit (Deloitte) (June 19) More

• France and EU: CJEU referral on compatibility with EU law of French tax on share buybacks (KPMG) (July 31) More

• France, Germany, Italy, and EU: Formal EC notice requesting France, Germany, and Italy to align with PSD; EC updates on DAC9 infringement proceedings (KPMG) (July 31) More

• France and Switzerland: Memorandum of understanding on cross-border work under France / Switzerland income tax treaty (KPMG) (June 19) More

• Germany: Australia / Germany treaty case (German tax liability not triggered by new Australia / Germany treaty) (Federal Tax Court) (in German) (Court decision) (August 3) More

• Germany: Germany / Spain treaty case (German tax liability triggered by new Germany / Spain treaty) (Federal Tax Court) (in German) (Court decision) (August 3) More

• Germany: New German RETT reform removes double taxation risk on share deals (Hengeler Mueller) (July 23) More

• Germany: Recent CJEU ruling raises questions about German real estate transfer tax (Hengeler Mueller) (July 18) More

• Germany: Germany draft Annual Tax Act 2026 proposes opt-in VAT grouping regime (DLA Piper) (July 16) More

• Germany: Draft Annual Tax Act 2026; other VAT developments (KPMG) (July 15) More

• Germany: Updated guidance on permanent establishments (KPMG) (July 10) More

• Germany: Updated model double tax treaty (in German) (Government) (July 10) More

• Germany: Liquidation dividends case – Dividends paid during a liquidation can benefit from the withholding tax exemption under the EU Parent-Subsidiary Directive, provided the distributed profits are generated before the commencement of the liquidation (in German) (Court decision) (July 6) More

• Germany: Taxation of fictional earnings on occasion of changes to double taxation agreements (Review of German Federal Tax Court, judgements from 19 November 2025; BFH, Urt. v. 19.11.2025 – I R 41/22, 6/23) (Michel Hoppe on SSRN) (July 2) More

• Germany: Draft bill for Annual Tax Act 2026 includes proposed Pillar Two, CbC reporting changes; other tax developments (KPMG) (July 1) More

• Germany: Updated guidance on permanent establishment status (in German) (Tax authorities) (June 19) More

• Germany, Italy, EU, and France: Formal EC notice requesting France, Germany, and Italy to align with PSD; EC updates on DAC9 infringement proceedings (KPMG) (July 31) More

• Germany and EU: No VAT adjustment for subcontractor with respect to assigned bad debt (General Court decision); other German VAT developments (KPMG) (July 7) More

• Germany and US: European Court of Justice ruling in Nova Iberomoldes expected to have implications for German real estate transfer tax (EY) (June 27) More

• Germany and US: USTR initiates investigation into Germany's underpayment for innovative pharmaceutical products (KPMG) (June 24) More

• Germany and US: USTR initiates Section 301 investigation into Germany pharmaceutical pricing practices; hearing scheduled and comments requested (EY) (June 22) More

• Germany and EU: CJEU ruling on Portuguese RETT may have implications for purposes of German RETT (Deloitte) (June 17) More

• Gibraltar: Gibraltar issues Budget 2026 (EY) (July 15) More

• Greece: Law with new tax rules for AIFs, PEs, and investment incentives (in Greek) (Government) (July 20) More

• Greece: Tax provisions for investment funds and fund managers under new law (KPMG) (July 16) More

• Greece: Extension of Pillar Two top-up tax returns filing deadline and launch of GIR platform (KPMG) (July 14) More

• Greece: New tax rules for AIFs, carried interest, and investment incentives introduced (Deloitte) (July 10) More

• Greece: Circular reverses VAT treatment of contracts for differences (Deloitte) (July 9) More

• Greece: Guidance on submission and exchange of GloBE information returns (GIRs) (KPMG) (July 3) More

• Hungary: Legislation on amendments to country’s extra profit tax on oil producers (in Hungarian) (Government) (August 3) More

• Hungary: Guidance on transfer pricing documentation and reporting (in Hungarian) (Tax authorities) (July 27) More

• Ireland: Avaya International case – Foreign royalty withholding tax cannot be deducted as trading expenses – foreign tax credit is the only method for double tax relief (Court decision) (July 13) More

• Ireland: Updated guidance on dividend withholding tax on dividends paid to partnerships (Tax authorities) (July 1) More

• Italy: Guidance on Pillar Two compliance (KPMG) (August 1) More

• Italy: Company effectively managed in Italy and thus subject to Italian corporate income tax (Supreme Court decision) (KPMG) (July 31) More

• Italy: Guidance on use of the voluntary disclosure (ravvedimento operoso) mechanism to spontaneously regularize any non-compliance with GloBE reporting and notification obligations (in Italian) (Tax authorities) (July 30) More

• Italy: New time-stamping requirement for PE accounts (KPMG) (July 28) More

• Italy: GloBE rules – new FAQs (in Italian) (Tax authorities) (July 21) More

• Italy: Continued application of VAT split payment mechanism confirmed (Deloitte) (July 17) More

• Italy: Barter transactions: Italy finalises the new VAT taxable base rules (DLA Piper) (July 16) More

• Italy: New consolidated income tax code, effective 1 January 2027 (in Italian) (Government) (July 8) More

• Italy: 2 new FAQs on GloBE taxation (in Italian) (Tax authorities) (July 3) More

• Italy: Disposal of Luxembourg holding company not subject to Italian capital gains tax (Milan tax court decision) (KPMG) (June 23) More

• Italy: Draft legislative decree proposes extending VAT deduction period to two years (Deloitte) (June 16) More

• Italy: Montebianco case – transfer pricing – intragroup sale of goods – CUP vs. cost-plus (Supreme Court) (in Italian) (TPcases) (June 16) More

• Italy, EU, France, and Germany: Formal EC notice requesting France, Germany, and Italy to align with PSD; EC updates on DAC9 infringement proceedings (KPMG) (July 31) More

• Italy and EU: EU Council permits Italy to operate split-payment VAT system until June 2029 (EU Council) (July 14) More

• Lithuania: Draft guidance on transfer pricing documentation and determining the arm’s length price (in Lithuanian) (Tax authorities) (July 14) More

• Luxembourg: Luxembourg moves closer to mandatory B2B e-invoicing (EY) (August 1) More

• Luxembourg: Administrative Court confirms arm's-length nature of debt restructuring (Loyens & Loeff) (July 31) More

• Luxembourg: Draft legislation introducing OECD side-by-side package (KPMG) (July 24) More

• Luxembourg: GloBE rules: Bill to implement Side-by-Side package (in French) (Government) (July 21) More

• Luxembourg: Bill on employee stock option plans (in French) (Government) (July 20) More

• Luxembourg: Luxembourg clarifies taxation of stock options and proposes new tax regime for employee stock options granted by young innovative companies (EY) (July 9) More

• Luxembourg: Luxembourg bill to introduce a dedicated tax regime for employee stock option plans of young innovative companies (Guilhèm Becvort on LinkedIn) (July 7) More

• Luxembourg: New Luxembourg tax bill on taxation of employee stock options (Loyens & Loeff) (July 3) More

• Luxembourg: Luxembourg private funds organised as companies: How to make them fit for purpose? (Loyens & Loeff) (June 27) More

• Luxembourg, Netherlands, and Belgium: Falling asleep at work after the World Cup final: could this justify disciplinary action? (Loyens & Loeff) (July 18) More

• Luxembourg and EU: AG opines Luxembourg securitization entities are financial undertakings under ATAD (Deloitte) (July 17) More

• Luxembourg and EU: Tax measures in European Commission tax simplification package most relevant to Luxembourg taxpayers (KPMG) (July 1) More

• Luxembourg and Netherlands: EU fund managers: Structuring to attract Dutch investors into Luxembourg funds (Loyens & Loeff) (June 24) More

• Malta: Ensuring compliance: What the MTCA's Annual Report 2025 means for taxpayers (Deloitte) (July 29) More

• Netherlands: Comparability, to a Dutch company, of a Lebanese joint-stock company (in Dutch) (Tax authorities) (August 3) More

• Netherlands: Dutch Ministry of Finance updates Hybrid Mismatch Decree: broader guidance and new practical examples (Loyens & Loeff) (July 28) More

• Netherlands: Permanent Establishments Series #3: Expanding into Europe through a Dutch BV - New York office Snippet (Loyens & Loeff) (July 28) More

• Netherlands: Policy on hybrid mismatches (in Dutch) (Government) (July 28) More

• Netherlands: Temporary buildings: legal and tax considerations (Loyens & Loeff) (July 28) More

• Netherlands: Comparability, to a Dutch company, of a Saudi Arabian limited liability company (in Dutch) (Tax authorities) (July 27) More

• Netherlands: Guidance on interaction between CFC rules and participation exemption (in Dutch) (Tax authorities) (July 27) More

• Netherlands: Guidance on treatment of immovable property and mortgage debts under the Belgium / Netherlands double tax treaty (in Dutch) (Tax authorities) (July 27) More

• Netherlands: Comparability, to a Dutch company, of a Cambodian private or public limited company (in Dutch) (Tax authorities) (July 20) More

• Netherlands: Comparability, to a Dutch company, of a Colombian simplified joint-stock company (in Dutch) (Tax authorities) (July 20) More

• Netherlands: Comparability, to a Dutch company, of a Danish cooperative society with limited liability (in Dutch) (Tax authorities) (July 20) More

• Netherlands: Comparability, to a Dutch company, of a Guernsey protected cell company limited by shares (in Dutch) (Tax authorities) (July 20) More

• Netherlands: Guidance on treatment of licence fees under Australia / Netherlands double tax treaty (in Dutch) (Tax authorities) (July 20) More

• Netherlands: Public consultation on proposed sugar tax (in Dutch) (Government) (July 18) More

• Netherlands: Dutch Court confirms application of Dutch VAT medical exemption for commercial medical testing services (DLA Piper) (July 16) More

• Netherlands: Mutual agreement procedure (MAP) annual report for 2025 (KPMG) (July 10) More

• Netherlands: Deductibility of digital services taxes imposed by foreign countries (in Dutch) (Tax authorities) (July 9) More

• Netherlands: Clarification of comparability for tax purposes of four foreign legal entities with Dutch legal entities (KPMG) (July 3) More

• Netherlands: Updated Q&A document on GloBE rules (in Dutch) (Tax authorities) (June 29) More

• Netherlands: Dutch Supreme Court: no legal redress for Box 3 for non-objecting taxpayers (Loyens & Loeff) (June 27) More

• Netherlands: Taxpayers who did not object to Box 3 (“wealth tax”) assessments within statutory period not entitled to relief (Supreme Court decision) (KPMG) (June 27) More

• Netherlands: Temporary relief for FBIs affected by Dutch tax classification reforms (Loyens & Loeff) (June 27) More

• Netherlands: Updated Pillar Two Q&A (KPMG) (June 23) More

• Netherlands, Belgium, and Luxembourg: Falling asleep at work after the World Cup final: could this justify disciplinary action? (Loyens & Loeff) (July 18) More

• Netherlands and Luxembourg: EU fund managers: Structuring to attract Dutch investors into Luxembourg funds (Loyens & Loeff) (June 24) More

• Netherlands and Chile: Guidance on whether fees for remote training services constitute business profits under Chile / Netherlands double tax treaty (in Spanish) (Tax authorities) (June 19) More

• Norway: Public CbC reporting consultation document (in Norwegian) (Government) (July 20) More

• Norway: TotalEnergies case – transfer pricing – intragroup short term sales of gas – CUP method – security of supply – Court of Appeal decision (in Norwegian) (TPcases) (July 18) More

• Norway: Consultation launched on implementation of EU public CbC reporting directive (Deloitte) (July 8) More

• Norway: Legislation for mandatory digital bookkeeping and e-invoicing requirements (in Norwegian) (Government) (June 29) More

• Norway: Mandatory digital bookkeeping and e-invoicing requirements enacted (KPMG) (June 23) More

• Poland: President’s statement on 60% windfall tax (in Polish) (Government) (August 3) More

• Poland: Digital Services Tax — latest developments and policy direction (EY) (July 30) More

• Poland: Updates to proposed corporate income tax amendments; transfer pricing simplification measures adopted; other tax developments (KPMG) (July 28) More

• Poland: APA report, covering 2006-2025 period (Tax authorities) (July 27) More

• Poland: Proposed amendments to excise duty regime; draft regulations for windfall tax reporting; other tax developments (KPMG) (July 21) More

• Poland: Legislation on mandatory disclosure rules (in Polish) (Government) (July 20) More

• Poland: Poland enacts substantial amendments to MDR rules (EY) (July 15) More

• Poland: Tax deregulation proposals and court decisions (KPMG) (July 15) More

• Poland: Draft legislation introducing windfall tax on liquid fuels; guidance on e-invoice corrections; other tax developments (KPMG) (July 10) More

• Poland: Updated VAT reform bill published and other VAT updates (Deloitte) (June 23) More

• Poland: (1) Proposed windfall tax on liquid fuels; (2) relaxation of procedural transfer pricing requirements; (3) other tax developments (KPMG) (June 17) More

• Portugal: Portugal approves the Top-up Tax return - Modelo 64 - for Pillar Two purposes (EY) (August 1) More

• Portugal: New guidance issued on VAT on construction services and residential property projects (Deloitte) (July 18) More

• Portugal: Comment on transfer pricing case – tax authority was economically right… and still lost (David Zářecký on LinkedIn) (July 7) More

• Romania: Romania overhauls transfer pricing documentation and APA procedures (PwC) (July 28) More

• Romania: New rules on APAs and transfer pricing documentation published (Deloitte) (July 23) More

• Romania: Romania just replaced its 2016 TP documentation rules with Order No. 828/2026, and the shifts are worth unpacking (David Zářecký on LinkedIn) (July 21) More

• Romania: New advance pricing agreement rules (KPMG) (July 18) More

• Romania: Romania adopts new rules for advance pricing agreements (EY) (July 8) More

• Romania: Romania introduces mandatory annual transfer pricing report submission for large taxpayers (EY) (July 8) More

• Romania: Government announces new transfer pricing guidance to align with OECD’s Transfer Pricing Guidelines (in Romanian) (Government) (July 2) More

• Russia and EU: EU adopts 21st package of sanctions against Russia (KPMG) (July 28) More

• Spain: Tax newsletter – June 2026 (Garrigues) (July 29) More

• Spain: Cupire Padesa case – transfer pricing – intra-group sale of goods – TNMM vs. profit split method (Supreme Court) (in Spanish) (TPcases) (June 17) More

• Sweden: Comment on Kubikenborg transfer pricing case (David Zářecký on LinkedIn) (June 18) More

• Sweden and EU: AG opines Swedish rules for dividend withholding tax refund incompatible with EU law (Deloitte) (July 18) More

• Switzerland: Update on current projects to increase VAT rates (Deloitte) (July 21) More

• Switzerland and UK: Switzerland-UK free trade agreement: What does it mean for businesses? (Deloitte) (July 21) More

• Switzerland and France: Memorandum of understanding on cross-border work under France / Switzerland income tax treaty (KPMG) (June 19) More

• Turkey: Decree which extends 0% withholding tax on certain government securities (in Turkish) (Government) (June 29) More

• Turkey: Turkey extends, through December 2026, 0% withholding tax on income from government bonds, Treasury bills and certain lease certificates (EY) (June 24) More

• UK: Payments in satisfaction of related party debts treated as non-deductible distributions (Upper Tribunal decision) (KPMG) (July 31) More

• UK: New UK Securities Transfer Tax (Macfarlanes) (July 29) More

• UK: Draft legislation for Finance Bill 2026-2027 includes implementation of Pillar Two side-by-side package (KPMG) (July 24) More

• UK: Final carbon border adjustment mechanism (CBAM) guidance (KPMG) (July 24) More

• UK: Andy Burnham takes office as UK Prime Minister (EY) (July 22) More

• UK: “L-Day” 2026: Draft legislation and other announcements (Deloitte) (July 21) More

• UK: Pillar Two: HMRC extends deadline for resubmission of GIRs that failed validation (Deloitte) (July 21) More

• UK: Tax and the City - July 2026 (Slaughter and May) (July 21) More

• UK: Consultation document on new criminal tax offence (Government) (July 20) More

• UK: Consultation document on tax treatment of pre-development costs (Government) (July 20) More

• UK: Draft legislation on proposed mandatory foreign permanent establishment exemption (Government) (July 20) More

• UK: The securities transfer tax (Slaughter and May) (July 18) More

• UK: “Not currently minded to legislate": the consultation on predevelopment costs after Gunfleet Sands (Slaughter and May) (July 17) More

• UK: Tax news (Slaughter and May podcast, 27:30) (July 17) More

• UK: An opportunity to simplify UK withholding tax on interest (Macfarlanes) (July 16) More

• UK: Consultation on simplifying treaty relief from withholding tax on interest paid overseas (Government) (July 16) More

• UK: Mandatory overseas permanent establishment exemption—draft legislation published (Deloitte) (July 16) More

• UK: UK VAT grouping – Fixed establishment and protection of the revenue (DLA Piper) (July 16) More

• UK: New advance tax certainty service officially launched (Deloitte) (July 14) More

• UK: Policy paper: “Introduction of the Side-by-Side package and amendments to Multinational Top-up Tax and Domestic Top-up Tax” (Government) (July 14) More

• UK: UK tax authority will transform transfer pricing risk assessment (Macfarlanes) (July 14) More

• UK: A new criminal offence for reckless untrue statements in direct tax (Macfarlanes) (July 10) More

• UK: BlueCrest Capital – UK Supreme Court confirms that a salaried partner can be a partner unless deemed to be an employee (Neal Armstrong) (July 10) More

• UK: Draft legislation providing capital gains tax gift holdover relief (KPMG) (July 10) More

• UK: LLP members must be re-classified as employees for tax purposes (Supreme Court decision) (KPMG) (July 10) More

• UK: Public consultation on impact of digitalised and modernised practices on customs regime (Tax authorities) (July 6) More

• UK: Public consultation on introduction of mandatory registration for customs intermediaries who submit customs declarations on behalf of traders (Tax authorities) (July 6) More

• UK: Supreme Court decides the LLP salaried member rules - but sends BlueCrest back to the First-tier Tax Tribunal (Macfarlanes) (July 6) More

• UK: Distributions from non-UK companies: aligning with UK companies (Slaughter and May) (July 3) More

• UK: HMRC’s consultation on distributions: capital repayments and the end of the “New HoldCo” scheme? (Slaughter and May) (July 3) More

• UK: HMRC's new technical consultation on the International Controlled Transactions Schedule (ICTS) (David Zářecký on LinkedIn) (June 30) More

• UK: Tax and the city - June 2026 (Slaughter and May) (June 30) More

• UK: Consultation on distributions and capital repayments by companies (Tax authorities) (June 29) More

• UK: Lifeplus Europe case (Taxpayer challenge to tax authority transfer pricing information request) (Tribunal decision) (June 29) More

• UK: Policy paper announcing several consultations designed to provide support for physical retail locations, address rise of online shopping, and improve tax compliance (Tax authorities) (June 29) More

• UK: Policy paper on details of increased rate of Electricity Generator Levy from 1 July 2026 (Tax authorities) (June 29) More

• UK: Closer scrutiny: how the distributions consultation targets close companies (Slaughter and May) (June 27) More

• UK: HMRC launches expanded “Transfer Pricing and Profit Diversion Compliance Facility” (Deloitte) (June 27) More

• UK: Tax-exempt demergers: relaxing the rules with some strings attached (Slaughter and May) (June 27) More

• UK: Consultation on international controlled transactions schedule (ICTS) (KPMG) (June 26) More

• UK: HMRC package of tax and customs measures aimed at simplification, modernization, and fairness (KPMG) (June 26) More

• UK: Updated guidance on profit diversion compliance facility (KPMG) (June 26) More

• UK: Consultation on expansion of marketplace rules to sales of goods by domestic sellers (KPMG) (June 25) More

• UK: HMRC’s consultation on distributions: A fundamental reset? (Slaughter and May) (June 25) More

• UK: What's next for tax policy in the UK? (EY) (June 25) More

• UK: LLP profit-sharing arrangements and miscellaneous income: Supreme Court rules in HFFX (Macfarlanes) (June 24) More

• UK: Returning value to UK shareholders: HMRC consults on significant tax changes (Macfarlanes) (June 24) More

• UK: “Foreseeably relevant” information or a “fishing expedition” in a transfer pricing case? (Jonathan Schwarz) (June 23) More

• UK: International Controlled Transactions Schedule transfer pricing requirement from 2027 (Deloitte) (June 19) More

• UK: HMRC consultation on International Controlled Transactions Schedule (Baker McKenzie) (June 18) More

• UK: HMRC publishes consultation on International Controlled Transaction Schedule (EY) (June 18) More

• UK: Challenging HMRC information requests: lessons from Lifeplus (Slaughter and May) (June 17) More

• UK: HMRC launches consultation on resident individuals and reverse hybrids (Deloitte) (June 16) More

• UK and Switzerland: Switzerland-UK free trade agreement: What does it mean for businesses? (Deloitte) (July 21) More

• UK and Global: Beyond cost-plus: what the OECD's new approach to intra-group services means for UK taxpayers (Macfarlanes) (June 17) More

• Ukraine: Cyprus interest case – Interest paid to Cyprus company qualifies for reduced withholding tax under Cyprus / Ukraine double tax treaty – beneficial owner – conduit (in Ukrainian) (Court decision) (July 13) More

• Ukraine: Interest paid to Cypriot company qualifies for reduced withholding tax rate (Supreme Court decision) (KPMG) (July 10) More

• Ukraine: Digital platform reporting and withholding rules adopted (KPMG) (June 23) More

• Ukraine: Agroprosperis case – beneficial ownership of interest – possible conduit company – Cyprus / Ukraine double tax treaty (Supreme Court) (in Ukrainian) (Court decision) (June 15) More

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Africa 

• Africa: Overview of recent tax developments (June 2026) (KPMG) (July 1) More

• Botswana: Legislation including increased corporate tax rate, DMTT, and VAT on remote digital services enacted (KPMG) (July 10) More

• Burundi, Kenya, Rwanda, Tanzania, and Uganda: East African Community: Customs and duty changes for the 2026/2027 tax year (KPMG) (July 28) More

• Egypt and Middle East: Biannual tax update: Middle East (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE) and Egypt (Baker McKenzie) (July 15) More

• Ghana: Mid-year budget review outlines customs, excise, and VAT measures (KPMG) (July 30) More

• Ghana: Ghana Supreme Court clarifies finality of tax objection decisions and limits on successive tax objections (EY) (July 10) More

• Kenya: Kenya enacts Finance Act, 2026 (EY) (July 9) More

• Kenya: Tax measures in Finance Act, 2026 include CbC reporting changes (KPMG) (July 8) More

• Kenya: Legislation exempting internal reorganizations from capital gains tax and expanding eligible special economic zones signed into law (KPMG) (July 7) More

• Kenya: Tax and customs proposals in 2026/2027 budget (KPMG) (June 16) More

• Kenya, Rwanda, Tanzania, Uganda, and Burundi: East African Community: Customs and duty changes for the 2026/2027 tax year (KPMG) (July 28) More

• Mauritius: Alteo Energy case – interest income exemption is not limited to companies whose core business is financing or money lending – consideration of BEPS Action 5 (Privy Council decision) (July 27) More

• Mauritius: Entitlement to 80% partial exemption on interest income (Privy Council judgment) (KPMG) (July 14) More

• Mauritius: Alteo Energy case – Interest income exemption is not limited to companies whose core business is financing or money lending – consideration of BEPS Action 5 (Privy Council decision) (July 13) More

• Mauritius: Privy Council rules on scope of interest income exemption in Alteo Energy case (EY) (July 10) More

• Mauritius: Proposed tax measures in budget 2026-2027 (KPMG) (July 8) More

• Nigeria: Nigeria releases guidelines for Economic Development Tax Incentive, commencing application process for eligible businesses (EY) (July 31) More

• Nigeria: Significant direct and indirect tax reforms in Nigeria Tax Act (NTA) 2025 (KPMG) (July 1) More

• Rwanda: VAT on non-resident online sellers of goods and services introduced (KPMG) (June 23) More

• Rwanda, Tanzania, Uganda, Burundi, and Kenya: East African Community: Customs and duty changes for the 2026/2027 tax year (KPMG) (July 28) More

• South Africa: Update on implementation of advance pricing agreement program (Deloitte) (July 30) More

• South Africa: Launch of dedicated webpage on advance pricing agreements (Tax authorities) (July 21) More

• South Africa: Untangling VAT on gold: Constitutional Court draws hard line on zero-rating (EY) (July 14) More

• Tanzania: Finance Act, 2026 analysis (EY) (July 18) More

• Tanzania: Income tax and VAT changes for non-resident providers of digital services (KPMG) (July 11) More

• Tanzania: Tax measures in 2026/2027 budget (KPMG) (June 25) More

• Tanzania, Uganda, Burundi, Kenya, and Rwanda: East African Community: Customs and duty changes for the 2026/2027 tax year (KPMG) (July 28) More

• Uganda: Tax Appeals Tribunal rejects tax authority's treatment of differences between VAT and income tax amounts (EY) (July 11) More

• Uganda: Tax amendments based on 2026/2027 budget passed by Parliament (KPMG) (June 27) More

• Uganda, Burundi, Kenya, Rwanda, and Tanzania: East African Community: Customs and duty changes for the 2026/2027 tax year (KPMG) (July 28) More

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