On 22 September 2026, the Council of Ministers approved a regulation increasing the VAT rate on wine, fermented beverages, and non-alcoholic beer from 8% to the standard 23%, effective 1 January 2027. The measure aims to harmonize rates within the alcohol category and generate an estimated PLN 1.2 billion annually. The wine industry warns of
Poland: Poland VAT Hike Decided for Wine and Non-Alcoholic Beer Read More »
On 22 September 2026, AlProfit Consult published detailed guidance on accounting and VAT compliance for bed & breakfast establishments in Albania. The article addresses the critical requirement to separate accommodation services (subject to the reduced 6% VAT rate under Law No. 92/2014, Articles 47–50) from food and beverage services (standard 20% VAT). This split invoicing
Albania: Albania Bed & Breakfast VAT Split: Dual Rates for Hospitality Read More »
On 22 September 2026, Prime Minister Donald Tusk publicly appealed to President Andrzej Nawrocki to sign the excise duty amendment bill, which includes adjustments to fuel and tobacco excise rates. The President has signaled potential veto, citing insufficient consultation and negative impact on citizens’ purchasing power. The bill passed the Sejm with a narrow majority.
Poland: Poland Excise Dispute: Prime Minister Appeals to President to Sign Bill Read More »
On 22 September 2026, the Federal Tax Service of Russia announced an upcoming webinar dedicated to control measures and liability issues surrounding the mandatory use of online cash registers (KKT) under Federal Law No. 54-FZ. The session, led by senior FNS inspection specialists, will cover recent amendments to the legislation, common violations detected during on-site
Russia: FNS Webinar to Address Online Cash Register Compliance and Liability Read More »
During the week ending 22 September 2026, the Financial Administration reported that more than 1,600 companies selected a digital postman, bringing the total registered entities above 10,000. This surge follows the first five of seven planned regional conferences on electronic invoicing (eFaktúra) held in Gbelany, Trenčín, Prešov, Košice, and Piešťany. The conferences, offered free of
Slovakia: Slovakia e-Invoice Prep: 1,600 Firms Register Digital Postman in Week Read More »
On 22 September 2026, the Taddei family sold a majority stake in Bossong S.p.A., a leading Italian manufacturer of anchoring systems for construction and infrastructure, to Bilontec Industrial, a portfolio company of a private equity fund. PwC Legal Italy acted as lead legal and tax advisor to the acquirer, managing the full acquisition process including
Italy: PwC Legal Advises Bilontec Industrial on Bossong Majority Stake Acquisition Read More »
On 22 September 2026, the Swiss Federal Tax Administration (ESTV) issued its annual circular on the adjustment for cold progression and interest rates for direct federal tax for the 2027 tax year. The circular formalizes the 0.47% inflation adjustment announced by the EFD, detailing the revised tax brackets, deduction amounts, and interest rates. The adjustment
Switzerland: ESTV Circular on 2027 Cold Progression & Interest Rates Read More »
On 17 September 2026, the Cyprus Tax Department officially announced the withdrawal of its 2017 guidance document titled “Cyprus Administrative Service Providers (ASPs) – Are They FIs under FATCA and CRS” (June 2017). This guide previously assisted Administrative Service Providers (ASPs) in determining their status as Financial Institutions (FIs) under the OECD Common Reporting Standard
Cyprus: Cyprus Withdraws 2017 FATCA/CRS Guidance for Service Providers Read More »
The Spanish Tax Agency issued the Monthly Advance on Vehicle Registration Tax (Impuesto sobre Matriculación) for July and August 2026 on 22 September 2026. This tax, levied on the first registration of vehicles in Spain based on CO2 emissions, serves as a leading indicator for the automotive market and environmental policy effectiveness. The statistics include
Spain: Spain Vehicle Registration Tax Statistics for July-August 2026 Read More »
The Dutch Senate has approved the Flexible Workers Increased Security Act (Wet flexwerkers), following adoption by the House of Representatives on 12 May 2026. The legislation enters into force on 1 January 2027 and introduces significant changes to the legal framework governing flexible employment relationships. The Act aims to enhance job security for on-call and
Netherlands: Netherlands Adopts Flexible Workers Security Act Effective 2027 Read More »
