Europe

United Kingdom: Tax News Brief: HMRC Updates Certificate of Residence Process

The weekly Tax News in Brief for the week ending 23 September 2026 covers several administrative updates from HMRC. Notably, HMRC has revised its guidance on applying for a certificate of residence (CoR) or a letter of confirmation for treaty relief purposes. The changes aim to streamline the application process for businesses and individuals claiming

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Romania: Romania Beer Industry Warns Excise Hikes Yield Minimal Budget Revenue

On 23 September 2026, the Romanian Beer Employers’ Federation issued a stark warning regarding the impact of rising excise duties on the sector. According to industry data, beer production contracted by 9% in the first half of 2026, leaving factories with nearly 50% idle capacity. Despite scheduled excise increases, the state budget is projected to

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Italy: Italy’s 2026 Stabilization Incentive for Permanent Hires

On 23 September 2026, the Italian National Institute for Social Security (INPS) completed the operational framework for the “Stabilization Incentive” (Incentivo alla stabilizzazione), a flagship measure introduced by the 2023 Labor Decree (Decreto Lavoro) to encourage the conversion of fixed-term contracts into permanent employment. Authored by Marzio Scaglioni and Silvia Capobianco, the Newsalert details the

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United Kingdom: Indirect Tax Weekly: Minerva Research Labs VAT Case 23 Sep 2026

The 23 September 2026 edition of Indirect Tax Weekly Talking Points analyses the First-tier Tribunal decision in Minerva Research Labs Ltd v HMRC, where collagen-based drinks were held to be standard-rated for VAT, not zero-rated as food. The tribunal determined that the products’ primary function was as a dietary supplement rather than a beverage for

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Netherlands: NOB Advocates for Sustainable University Tax Education Nationwide

On 23 September 2026, the NOB issued a position paper to the Universities of the Netherlands (UNL) regarding the future of academic tax education in the Netherlands. Aligned with the NOB Strategy Note 2024–2027, the paper expresses concern over the recent termination of several university tax law programs, which threatens the pipeline of qualified tax

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Romania: Romania PM-Designate Rules Out Tax Increases in Governance Program

On 23 September 2026, Prime Minister-designate Siegfried Muresan presented the core pillars of the incoming government’s program during a business forum. A headline commitment was the explicit exclusion of any tax or duty increases during the mandate. The program prioritizes public administration reform, state-owned enterprise restructuring, energy investments, and support for domestic firms. Muresan emphasized

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Romania: Sphera Franchise Cuts 2026 Forecast Citing 21% VAT Pressure

On 23 September 2026, Sphera Franchise Group (SFG), the operator of KFC, Pizza Hut, and Taco Bell in Romania, revised its 2026 net profit forecast downward by up to 31% below budget. The company attributed the deterioration primarily to persistent inflation and the standard 21% VAT rate applied to restaurant services. Unlike several EU peers

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Ukraine: Ukraine NBU Expands Permitted Currency Operations for Business

On 23 September 2026, the National Bank of Ukraine (NBU) adopted Resolution No. 145, significantly liberalizing foreign exchange operations under the martial law framework. The resolution permits Ukrainian enterprises to make advance payments for imported goods up to 180 calendar days (previously 90 days) without individual NBU licenses, extends the mandatory sale of foreign currency

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Spain: EU Court Orders Full Deduction of Excess Withholding for Non-Resident Funds

On 23 September 2026, Garrigues reported a landmark ruling by the Court of Justice of the European Union (CJEU) addressing Spain’s discriminatory withholding tax regime applicable to non-resident collective investment institutions (CIVs). The Court held that Spain must allow a full and effective deduction of the excess withholding tax suffered by these funds, aligning domestic

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Ireland: Ireland Tax Weekly Roundup: Five Key Updates for 25 September 2026

Published on 23 September 2026, this weekly tax roundup from Chartered Accountants Ireland highlights five pivotal developments for the week ending 25 September 2026. The edition covers the commencement of Finance Act 2026 sections on angel investor tax reliefs, new Revenue eBriefs on the Foreign Earnings Deduction (FED) and Special Assignee Relief Programme (SARP), the

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