Europe

Cyprus:Cyprus Submits 2027 Budget and Fiscal Framework to Parliament

On 24 September 2026, Finance Minister Makis Keravnos submitted the approved 2027 State Budget and the 2027-2029 Medium-Term Fiscal Framework to the House of Representatives for legislative ratification. The submission marks the formal commencement of the parliamentary budget cycle, with debates scheduled throughout October and a final vote expected by 31 December 2026. In his

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Poland: Poland Deputy Minister Brzoska Criticizes Meta’s Low Tax Payments

On 24 September 2026, Deputy Finance Minister Paweł Brzoska disclosed that Meta Platforms paid only PLN 12 million in corporate income tax (CIT) in Poland for 2025, despite significant revenues from Polish users. The revelation reignites debate on digital services taxation (DST) and the OECD Pillar Two global minimum tax implementation. Poland currently applies a

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Gibraltar: Gibraltar Transaction Tax Deductions Rules 2026 Announced

On 24 September 2026, HM Government of Gibraltar published the Transaction Tax (Deductions) Rules 2026, introducing targeted tax relief for eligible retail and wholesale businesses. The new rules aim to mitigate the additional cost burden of transaction tax incurred by these sectors, reflecting the government’s commitment to supporting local commerce amid evolving economic conditions. The

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North Macedonia: North Macedonia Tax Authority Issues Misdemeanor Notification Guidelines

On 24 September 2026, the Public Revenue Office (PRO) of North Macedonia published a public announcement detailing the proper delivery procedures for notifications initiating misdemeanor proceedings against legal entities and responsible individuals. This procedural guidance is issued under the Law on Misdemeanors and the Tax Procedure Law, ensuring that taxpayers and their legal representatives receive

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Ireland: Ireland Savings Investment Account: Tax Efficiency Reforms for Success

Published on 24 September 2026, this EY Ireland analysis examines the design features required for the proposed new Irish Savings and Investment Account (SIA) to achieve its policy objectives of increasing household savings rates, deepening domestic capital markets, and providing a tax-efficient vehicle for retail investors. The SIA is intended to replace the existing patchwork

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United Kingdom: Other News in Brief: R&D, Payrolling, ISA Changes Sept 2026

The ‘Other News in Brief’ section of the 24 September 2026 Tax Matters Digest highlights three significant developments. First, the First-tier Tribunal in Environmental Services Ltd reaffirmed that R&D tax relief claims must demonstrate an advance in science or technology, not merely commercial innovation. Second, HMRC updated its mandatory payrolling guidance for benefits in kind,

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Slovakia: Slovak Customs Seize Stolen E-Bikes at Ukraine Border Crossing

On 24 September 2026, the Financial Administration of the Slovak Republic reported a successful intervention by customs officers at the Vyšné Nemecké border crossing with Ukraine. Acting on a tip from a vehicle owner whose tracking application revealed the location of a stolen e-bike, officers inspected a van transporting ten bicycles and discovered two stolen

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United Kingdom: Liberal Democrats Pledge Income Tax and NICs Threshold Rises

The Liberal Democrats unveiled a major tax policy commitment at their autumn conference on 24 September 2026, pledging to raise the Income Tax Personal Allowance to £15,000 and the Primary Threshold for National Insurance Contributions (NICs) to £15,000 per annum (£288/week) within the first two years of a Liberal Democrat government. The policy, costed at

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Slovakia: Slovakia e-Invoicing: Digital Postman Selection Rules Clarified

As of 24 September 2026, the Financial Administration of the Slovak Republic issued detailed guidance on the mandatory selection of a “digital postman” (digitálny poštár) ahead of the nationwide electronic invoicing (eFaktúra) mandate effective 1 January 2027. Over 10,000 taxable persons have already registered a digital postman, enabling them to receive electronic invoices. The clarification

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Czech Republic: Czech Tax Advisors Comment on Top-Up Tax Law Amendment

On 24 September 2026, the Chamber of Tax Advisors of the Czech Republic (KDP ČR) delivered its formal commentary to the Ministry of Finance on the proposed amendment to the Top-Up Tax Act (zákon o dorovnávacích daních). This amendment represents the Czech Republic’s next step in implementing the OECD/G20 Inclusive Framework’s Pillar Two Global Anti-Base

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