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Europe

Italy: Tourist Rentals: Tax Audits Challenge Presumed Rates, Penalties

Italy /

On 9 October 2026, the Italian Revenue Agency intensified audits on tourist rental income by cross-referencing guest registrations from the Alloggiati Web portal with rates published on booking platforms. This method often overestimates actual rental income, leading to doubled penalties. The article outlines defense strategies for taxpayers facing such presumptive assessments. Key Takeaways Cross-Referencing Data:

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Poland: Poland Gift Tax: Courts Await Constitutional Tribunal Ruling on Cash Donations

Poland /

On 9 October 2026, it was reported that Polish administrative courts are staying proceedings concerning the tax exemption for cash donations between close family members, pending a ruling by the Constitutional Tribunal (TK). The core issue is whether the statutory requirement to prove the actual transfer of cash from donor to donee (e.g., via bank

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Portugal: Portugal Revises Petroleum Energy Tax Rates for October 2026

Portugal /

Ordinance No. 451-A/2026/1, published on 9 October 2026, revises and fixes the unit tax rates for the Tax on Petroleum and Energy Products (ISP – Imposto sobre os Produtos Petrolíferos e Energéticos) effective from 10 October 2026. This monthly adjustment mechanism, established under Article 92 of the ISP Code (Decree-Law No. 73/2010), reflects fluctuations in

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Ukraine: Ukraine Local Tax Rates: Effective Dates for Updated Rates During Martial Law

Ukraine /

On 9 October 2026, the Ministry of Finance issued an official interpretation (Letter No. 12-09/45672) clarifying the effective date for applying updated local tax and fee rates enacted by municipal councils during martial law. The interpretation addresses Article 12 of the Law of Ukraine ‘On Local Taxes and Fees,’ which permits local councils to adjust

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Spain: Spain Courts Block Tax Debt Collection After Second Chance Exoneration

Spain /

On 9 October 2026, the High Court of Justice of the Basque Country (TSJ PV) annulled a Tax Agency enforcement action seeking to collect a tax debt that originated before the self-employed individual’s insolvency proceedings, even though the tax assessment was finalized after the exoneration under the Second Chance Law (Ley de Segunda Oportunidad). The

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Italy: Probatory Preclusion: Foreign Residence Not a Shield for Tax Documents

Italy /

The Italian Supreme Court, in ordinance No. 22970/2026 dated 9 October 2026, clarified that fiscal residence abroad does not relieve taxpayers from the obligation to produce documents requested by the Revenue Agency. Failure to comply triggers probatory preclusion, preventing the taxpayer from later introducing those documents in litigation. The ruling reinforces the duty of cooperation

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Poland: Poland PIT Housing Relief: Non-Residential Premises Eligibility Rules Clarified

Poland /

As of 9 October 2026, the Director of the National Tax Information (KIS) has issued new interpretative guidance clarifying the eligibility criteria for the Personal Income Tax (PIT) housing relief when a taxpayer acquires non-residential premises designated for residential purposes. The ruling emphasizes that mere physical residence and subsequent formal conversion of the premises are

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Poland: Poland Accounting: Revenue Recognition Timing per KSR 15 in Eight Scenarios

Poland /

On 9 October 2026, a detailed analysis of the National Accounting Standard (KSR) 15 was published, explaining the timing of revenue recognition across eight common business scenarios. The standard emphasizes that revenue is recognized when significant risks and rewards of ownership transfer to the buyer, not merely upon invoicing or cash receipt. The scenarios cover

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Russia: 69.9 Million Property and Income Tax Notices Sent for 2025

Russia /

On 9 October 2026, the Federal Tax Service announced that it has dispatched approximately 69.9 million tax notifications to individuals for the payment of property taxes (apartment, house, garage, land plot, vehicle) and personal income tax (PIT) liabilities arising from the 2025 tax period. The notifications were generated based on data from the Unified State

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Spain: Spain Tax Agency Cracks Money Laundering in Palma Drug Clan

Spain /

On 9 October 2026, the Spanish Tax Agency (Agencia Tributaria) and the National Police executed a major anti-money laundering operation in Palma de Mallorca targeting a notorious drug trafficking clan. The operation, conducted under the framework of Law 10/2010 on the prevention of money laundering and terrorist financing and in alignment with EU Directive 2018/1673

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