European Union

European Union: EU Commission Publishes 2027 Combined Nomenclature for Customs

On 30 October 2026, the European Commission officially published the 2027 version of the Combined Nomenclature (CN), which will enter into force on 1 January 2027. The Combined Nomenclature is the EU’s eight-digit coding system used to classify goods for customs duty purposes and trade statistics. This annual update incorporates changes from the World Customs

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European Union:EU Launches NCTS Phase 6 for Customs Transit Modernization

On 26 October 2026, the European Commission announced the full deployment of Phase 6 of the New Computerised Transit System (NCTS) across all 27 EU Member States and the 14 contracting parties to the Common Transit Convention, covering a total of 41 countries. This milestone represents a significant advancement in the EU’s digital customs strategy,

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European Union:EU Seizes Record 196M Counterfeit Goods Worth €6.3B in 2025

On 22 October 2026, the European Commission and the European Union Intellectual Property Office (EUIPO) published their annual joint report on customs enforcement of intellectual property rights. The report reveals that EU customs authorities detained a record 196 million counterfeit and pirated goods in 2025, with an estimated domestic retail value exceeding €6.3 billion. This

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European Union: EU Updates Non-Cooperative Tax Jurisdictions List After Progress

On 9 October 2026, the Council of the European Union adopted the latest revision of the EU list of non-cooperative tax jurisdictions, reflecting substantial progress achieved through ongoing dialogue and cooperation with listed jurisdictions. The update, made under the Council’s mandate to promote global tax transparency and fair taxation, removes jurisdictions that have implemented required

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European Union: Commission Proposes Extending Anti-VAT Fraud Tools to 2030

On 1 October 2026, the European Commission adopted a legislative proposal to extend two critical anti-VAT fraud instruments—the optional reverse charge mechanism and the quick reaction mechanism—until 30 June 2030. These tools, originally introduced under Council Directive 2006/112/EC (VAT Directive) and subsequently extended, allow Member States to temporarily shift VAT liability to the recipient for

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European Union: EU Customs Duty Guidance Updated with Union Handling Fee

Effective 1 November 2026, the European Commission has updated its guidance on the €3 customs duty relief for low-value consignments to incorporate the new €2 Union handling fee introduced under Regulation (EU) 2026/xxx (amending Regulation 1186/2009). The handling fee applies to goods imported via distance sales not exceeding €150, collected by the customs declarant or

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European Union: EU Tax Administration Summit TADEUS Convenes in Dublin

The Tax Administration EU Summit (TADEUS) convened in Dublin on 6–7 October 2026, hosted by the Irish Revenue Commissioners. The summit gathered heads of EU tax administrations, senior officials, and Commission representatives to discuss strategic priorities including digital transformation of tax administration, real-time data analytics for compliance, cross-border cooperation frameworks, and the implementation of the

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European Union: CBAM Webinar Follow-Up: Emissions Calculation & Certificates

On 30 September 2026, the European Commission released follow-up materials for the fourth webinar in its CBAM implementation series, focusing on emissions calculation methodologies, CBAM declaration completion, and certificate surrender processes. The webinar addressed practical challenges faced by importers and authorised declarants during the definitive period starting 2026, including the use of default values, actual

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European Union: EU CBAM De Minimis Threshold Covers 1% Emissions, Commission Finds

On 30 September 2026, the European Commission published its assessment of the Carbon Border Adjustment Mechanism (CBAM) de minimis threshold. The evaluation confirms that the current single mass-based threshold applies to no more than 1% of total embedded emissions in imported goods. This finding is critical for importers and non-EU producers as it defines the

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European Union: EU Commission Releases New CBAM Verifier Guidance Resources

On 28 September 2026, the European Commission’s Directorate-General for Taxation and Customs Union (DG TAXUD) announced the availability of new resources designed to assist CBAM verifiers in navigating the verification, accreditation, and registry access processes under the Carbon Border Adjustment Mechanism (CBAM). This development comes as the CBAM definitive period begins on 1 January 2026,

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