Europe

Luxembourg: Luxembourg Reviews Fund Tax Amid Irish Competition

As of 30 October 2026, the Luxembourg Ministry of Finance has launched a comprehensive review of the country’s fund taxation regime in response to increasing competitive pressure from Ireland’s investment fund framework. The review, announced during the Global Fund Summit in Luxembourg, aims to assess whether the current subscription tax (taxe d’abonnement) and VAT treatment

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Moldova: Moldova Launches EUBAC Project for Tax, Customs Modernization

On 30 October 2026, the Ministry of Finance of the Republic of Moldova officially launched the European Union Border and Customs Project (EUBAC), a major technical assistance initiative funded by the European Union to modernize the country’s customs and tax administration. The launch event was attended by State Secretary Natalia Doroftei, who emphasized that the

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Poland: Poland: New EU Customs Handling Fee for Distance Sales

On 30 October 2026, the Polish National Revenue Administration (KAS) announced the introduction of a new EU-wide handling fee linked to the processing of customs declarations for distance sales of goods imported from third countries. This measure stems from the EU’s ongoing efforts to modernize customs procedures under the Union Customs Code (UCC) and the

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Poland: Poland CIT Temporary Exemption JPK Fixed Assets 2026

On 30 October 2026, the Polish Ministry of Finance issued a regulation providing a temporary exemption from specific Corporate Income Tax (CIT) obligations related to the JPK_CIT (Standard Audit File for Tax) reporting of fixed assets and intangible assets. This relief measure addresses taxpayer concerns regarding the complexity and operational burden of the new JPK_CIT

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Ukraine: Ukraine VAT: New E-Invoice Rules for Online Stores Effective

As of 30 October 2026, the Ukrainian State Tax Service has published detailed analytical guidance clarifying which tax invoice (податкова накладна) online stores must issue when selling goods via electronic commerce platforms. The guidance addresses the practical application of Article 14 of the VAT Law and recent amendments to the Tax Code regarding electronic document

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Denmark: Denmark Social Dumping Crackdown: 13 of 15 Billund Firms Flagged

On 30 October 2026, the Danish Tax Agency (Skattestyrelsen) announced results from a targeted control operation in Billund as part of a nationwide campaign against social dumping. Inspectors examined 15 businesses and identified indications of social dumping — including undeclared labor, tax evasion, and VAT fraud — in 13 companies. These firms now face expanded

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United Kingdom: ERS Annual Returns Compliance After Scheme Closure

HMRC released updated guidance on 30 October 2026 regarding the filing of Employment Related Securities (ERS) annual returns for schemes that have been closed or wound up. The guidance addresses common confusion among employers and scheme administrators about whether a final return is required after a scheme ceases to operate, and the treatment of outstanding

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Iceland: Iceland Completes 2026 Corporate Tax Assessments for Businesses

On 30 October 2026, Iceland Revenue and Customs (Skatturinn) officially announced the completion of the 2026 corporate tax assessment cycle, finalizing tax liabilities for all legal entities operating in Iceland for the 2025 income year. This assessment is conducted under the authority of Act No. 90/2003 on Income Tax, as amended by Act No. 117/2023,

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Luxembourg: Luxembourg Fund Tax Toolbox for Global Investors

On 30 October 2026, Linklaters LLP partner Silke Bernard presented a detailed overview of the Luxembourg investment fund toolbox at a dedicated industry briefing. The session focused on the tax-efficient structuring options available under Luxembourg law, including the Specialised Investment Fund (SIF), the Reserved Alternative Investment Fund (RAIF), and the Investment Company in Risk Capital

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Moldova: Moldova Trade Forum Discusses Tax, Customs Reforms for EU Integration

During the sixth edition of the Moldova Trade Forum 2026 held on 29 October 2026 in Chișinău, Deputy Secretary General of the Ministry of Finance, Lidia Ababii, presented the government’s progress on fiscal and customs reforms within the EU integration framework. The forum, organized under the auspices of the Ministry of Economic Development and Digitalization,

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