Europe

Belarus: Belarus, Russia Draft Union Docs to Simplify SPOT Transit

On 21 September 2026, the State Customs Committee of the Republic of Belarus (GTK) announced that Belarus and the Russian Federation are jointly developing union-level regulatory documents aimed at simplifying the SPOT (Single Transit Procedure) customs transit regime. This initiative forms part of the deeper integration agenda within the Union State and the Eurasian Economic

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Portugal: Cutting Fuel VAT Not Most Efficient Use of Public Funds, Experts Say

Published on 20 September 2026, an opinion piece by energy sector analysts argues that lowering the Value Added Tax (VAT) on fuels is not the most efficient way to deploy public resources. The article highlights that such a reduction benefits all consumers indiscriminately, including high-income households, while straining the state budget. Alternative targeted measures, such

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Portugal: IRS Rates Fall Again: Calculate Your Tax Savings for 2026

On 20 September 2026, the Government published updated IRS (Personal Income Tax) withholding tables reflecting the interim reduction approved by the Council of Ministers. The new rates apply to monthly salaries from October 2026, with retroactive adjustments for January-September to be settled in the 2027 tax return. The article provides a detailed breakdown by income

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Poland: Poland New Party Proposes Three Tax Thresholds and Youth Bonus

On 20 September 2026, the newly formed political party led by Joanna Hennig-Kloska released its tax manifesto, proposing a three-bracket PIT system (8%, 18%, 32%), a “youth bonus” exempting income up to PLN 50,000 for under-26s, and abolition of the solidarity surcharge. The proposal contrasts with the government’s two-bracket plus IT levy approach, aiming to

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Poland: Tax Office Raids Harvest Festivals, Fines Women’s Rural Clubs

On 20 September 2026, tax control officers conducted inspections at several harvest festival (Dożynki) events across Poland, issuing fines to members of Women’s Rural Clubs (Koła Gospodyń Wiejskich) for alleged unregistered sales of homemade food and crafts. The actions sparked political backlash, with local MPs and mayors condemning the targeting of community traditions. The tax

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United Kingdom: UK CBAM Emissions Measurement Regulations Published

Her Majesty’s Revenue and Customs (HMRC) has issued draft regulations governing the measurement and verification of embedded emissions for goods falling within the scope of the UK Carbon Border Adjustment Mechanism (CBAM), set to take effect from 1 January 2027. The regulations detail methodologies for calculating direct and indirect emissions for specified sectors including aluminium,

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Spain: Tax Authority Fines Self-Employed for Overpayment Errors

On 20 September 2026, a reported case highlighted the severe consequences of a simple bank transfer error. A self-employed taxpayer intended to pay a tax debt of €124.83 but mistakenly transferred €124,830 (adding two extra zeros). The Tax Agency treated the excess as an undue refund claim and initiated a penalty procedure, resulting in a

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Spain: Spanish Finance Minister Presents Autonomous Financing Reform

At the Council of Fiscal and Financial Policy (CPFF) meeting held on 20 September 2026, Finance Minister Arcadi España presented a comprehensive reform of the autonomous community financing model. The proposal, approved in principle, revises the distribution formula for shared taxes (IRPF, VAT, and excise duties) and adjusts the equalization fund to reduce fiscal disparities

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Russia: Russia FTS: False Data in Cash Receipt Tag 1008 Constitutes Offense

The Federal Tax Service (FTS) has released Letter No. AB-36-20/7611@ dated 1 September 2026 warning taxpayers and fiscal data operators about the inadmissibility of entering knowingly false information into Tag 1008 (“Additional Attribute of Settlement Subject”) of the fiscal receipt generated by online cash registers (KKT). Tag 1008 is used to indicate the nature of

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