Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice. Source: Read Official Announcement
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On 27 August 2026, the DStV issued a detailed critique of the Federal Ministry of Finance’s (BMF) draft bill implementing the coalition agreement’s pledge to introduce mandatory electronic cash registers (Registrierkassen) for businesses exceeding €100,000 annual turnover. The DStV argues the draft overshoots its anti-manipulation objective by imposing uniform technical requirements — including certified technical
Germany: DStV Critiques Cash Register Mandate Draft: Demands Risk-Based Scope Read More »
On 27 August 2026, the State Tax Inspectorate (Valstybinė mokesčių inspekcija – VMI) issued an urgent public warning regarding a renewed wave of sophisticated phishing campaigns targeting Lithuanian taxpayers. Criminal groups are actively impersonating VMI officials via SMS and messaging applications, distributing fraudulent notifications that claim recipients owe outstanding administrative fines or tax penalties. The
Lithuania: Lithuania Tax Authority Warns of Resurgent SMS Scams Impersonating VMI Read More »
The Supreme Administrative Court (NSA) ruled that the R&D tax relief (Ulga B+R) applies to the Tax Capital Group (PGK) as a single CIT taxpayer, not to individual member companies. This decision clarifies that the group, not its subsidiaries, is the entitled beneficiary. The ruling impacts how groups allocate and claim R&D expenditures, requiring consolidated
Poland: Poland R&D Tax Relief Applies to Tax Group, Not Entities Read More »
According to a report published on 26 August 2026 (originally sourced from the Financial Times on 5 August), Chinese financial regulators have instructed banks and other financial institutions to conduct enhanced due diligence on the overseas investments of high-net-worth individuals. The directive aims to identify undeclared foreign income and assets, aligning with China’s ongoing commitment
Spain: Chinese Banks Scrutinize Overseas Investments for Tax Compliance Read More »
On 26 August 2026, the Italian Supreme Court (Corte di Cassazione) published ordinance no. 24487/2026, clarifying that mortgage guarantees (ipoteche) granted to secure tax debts settled through a tax settlement agreement (transazione fiscale) with the Revenue Agency (Agenzia delle Entrate) are not exempt from mortgage tax (imposta ipotecaria). The Court held that such mortgages cannot
Italy: Italy Tax Settlement Mortgages Subject to Mortgage Tax Read More »
The Slovak Financial Administration announced three property auctions scheduled for September and October 2026, featuring residential homes in Ratková and Koprivnica, and operational buildings in Hlohovec. Starting prices begin at €14,000. The auctions follow statutory tax enforcement procedures, including valuation by experts. The authority reminded taxpayers that early communication and payment arrangements can halt enforcement
Slovakia: Slovakia Tax Authority Announces Property Auctions for Tax Debts Read More »
On 26 August 2026, the Supreme Administrative Court (SAC) delivered a significant judgment (case 2 Azs 64/2024) on the obligation to pay VAT stated on an invoice where the underlying supply is fictitious. The court ruled that the mere statement of VAT on an invoice does not create a tax liability if the supply never
Czech Republic: Czech SAC Rules on VAT Invoice Obligation for Fictitious Supplies Read More »
On 26 August 2026, PwC Norway reported that the European Union has formally abolished the EUR 150 duty-free threshold for low-value consignments entering the EU from third countries, effective 1 July 2026. The measure, implemented through amendments to the Union Customs Code (UCC) and related delegated acts, subjects all commercial goods imported into the EU
Norway: EU Removes EUR 150 Duty-Free Threshold for Low-Value Imports Read More »
On 26 August 2026, ANAF launched two free software applications designed to assist taxpayers in validating the data reported in the SAF‑T (Standard Audit File for Tax) D406 declaration against the VAT ledger (D300). The tools, available for download from the ANAF portal, automate the cross‑checking of invoice details, tax codes, and amounts between the
Romania: Romania ANAF Releases Free Tools for SAF-T D406 Verification Read More »
