Europe

Slovenia: EU Adopts New Russia Sanctions Package With Tax Measures

On 7 October 2026, the Council of the European Union adopted the 16th sanctions package against Russia (Council Regulation 2026/1892), introducing novel tax-related enforcement mechanisms. Key provisions include: (1) A mandatory automatic exchange of information (AEOI) between Member State tax administrations regarding beneficial owners of frozen Russian assets, leveraging the DAC8 framework; (2) Denial of

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Ukraine:Ukraine Excise Stamps: Applications Accepted Throughout Entire Month

Effective 7 October 2026, the State Tax Service announced that applications for excise stamps can now be submitted during the entire calendar month, rather than within a limited window as previously required. This change, introduced by amendments to the Procedure for the Production, Accounting, and Use of Excise Stamps, aims to simplify administrative procedures for

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Denmark: Denmark Opens Parliamentary Year With Tax and VAT Legislative Focus

On 7 October 2026, FSR Danish Auditors reported the opening of Denmark’s new parliamentary year, highlighting the government’s legislative agenda with direct implications for taxation and value-added tax. Prime Minister Mette Frederiksen’s opening address emphasized security, cohesion, and trust, while confirming that the government will present bills covering tax and VAT alongside initiatives to reduce

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Estonia: EU Packaging Rules Burden Firms with Hundreds of Reporting Lines

Effective from August 2026, the revised EU Packaging and Packaging Waste Regulation (PPWR) introduces granular reporting obligations that require businesses to document packaging materials at the individual unit level — including bottles, tubes, and boxes. Estonian exporters to the EU single market must now submit hundreds of data lines per shipment, detailing packaging composition, weight,

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Spain: Spain Asks EU To Ease Data Privacy For Tax Fraud Probes

On 7 October 2026, Spain formally requested the European Commission to amend the General Data Protection Regulation (GDPR) to create a specific legal basis for tax authorities to access and process personal data in cross-border fraud investigations. The proposal, backed by France and Italy, seeks to override current restrictions that hinder automated data exchange between

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Poland: Poland Proposes 22% CIT Rate for Companies Exceeding €50M Revenue

On 7 October 2026, the Polish Council of Ministers adopted a draft amendment to the Corporate Income Tax Act introducing a new three-tier CIT rate structure effective from 2027. Under the proposal, companies with annual revenues up to €2 million would pay 9% CIT; those between €2 million and €50 million would pay 19%; and

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Denmark: Denmark Legislative Program 2026-27: Tax, VAT, and Audit Priorities

On 7 October 2026, FSR Danske Revisorer published a comprehensive overview of the Danish government’s legislative program for the 2026/2027 parliamentary year, specifically curated for the audit profession. The analysis covers critical areas including sustainability reporting, auditor responsibility, and notably tax and VAT legislation. As the representative body for Danish auditors, FSR filters the broader

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Estonia: Estonia Online Casino Tax Cut Fails to Boost Revenue or Operators

Following the 1 January 2026 reduction of the online gambling tax rate from 20% to 15% of gross gaming revenue (GGR), the Estonian Tax and Customs Board (MTA) reports that the number of licensed operators has remained stagnant at 42, with no new market entrants recorded in the first nine months. Tax revenue from online

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Italy: PedersoliGattai & EY Tax Advise Kryalos on Logistics Acquisition

On 7 October 2026, Italian law firm PedersoliGattai, together with EY Tax and technical consultancy Arcadis, advised Kryalos SGR on the acquisition of two strategic logistics properties located in Pioltello (Milan) and Veggiano (Padua) through the Orione Fund, a vehicle subscribed by funds attributable to Blackstone. The transaction highlights the sustained appetite of global institutional

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