Europe

Ukraine: Kyiv Tax Authorities Seize 1.6 Million Hryvnias, 138,000 Dollars, and 8,000 Euros from Illegal Exchangers

On 17 August 2026, the Kyiv regional department of the Ukrainian State Tax Service, in coordination with National Police units, announced the successful disruption of an illegal currency exchange operation based in the capital. The raid, executed following prolonged surveillance and intelligence gathering, resulted in the seizure of over 1.6 million Ukrainian hryvnias, approximately 138,000

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Austria: Austrian Ministry of Finance Responds to Fiscal Council Budget Recommendations

As of 17 August 2026 the Austrian Federal Ministry of Finance BMF has issued an official statement in response to the budgetary recommendations rendered by the Austrian Fiscal Council Fiskalrat. The Fiscal Council an independent body tasked with monitoring compliance with European fiscal obligations under the Stability and Growth Pact has issued guidance concerning the

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Slovakia: Opportunity for Motorcycle Enthusiasts: Financial Administration Auctions Nine Motorcycles for Buyers

In August 2026 the Financial Administration announced a public auction of nine seized motorcycles, offering enthusiasts the chance to acquire vehicles ranging from modern sport bikes to classic cruisers. The auction, conducted under the Act on the Disposal of Seized Assets, forms part of the administration’s strategy to manage confiscated property and generate supplementary revenue

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Austria:BMF Responds to Fiscal Council Recommendations on Budget Targets

On 17 August 2026, the Federal Ministry of Finance published its formal “comply-or-explain” response to the Austrian Fiscal Council’s (Fiskalrat) June 2026 recommendations on budgetary targets and fiscal sustainability. The Council urged faster structural consolidation, stricter expenditure benchmarks, and quantification of climate-fiscal risks. The BMF accepted the deficit-reduction trajectory but contested the proposed 0.5 %

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Slovakia: Customs Freight Transport Restriction at Slovak‑Ukrainian Border Crossing Vyšné Nemecké

On 20 August 2026 the Financial Administration announced a partial restriction of freight transport operations on the Slovak‑Ukrainian border crossing Vyšné Nemecké – Užhorod, specifically in the inbound direction for commercial road traffic. The measure was implemented to facilitate mandatory metrological measurements of road‑scale weighbridges, ensuring the accuracy and legal compliance of weight‑based taxation for

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Luxembourg: Luxembourg Tax Administration Warns of Ongoing Email Phishing Campaign

As of 17 August 2026, the Luxembourg Tax Administration has issued an official alert regarding a sophisticated and persistent email phishing campaign targeting taxpayers residing in the Grand Duchy and across international borders. The fraudulent operation involves the mass distribution of counterfeit electronic communications that meticulously mimic the official branding tone and terminology of the

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United Kingdom: Seek Exemption from Making Tax Digital (MTD) for Income Tax HMRC Guidance

On 17 August 2026, HM Revenue & Customs issued updated guidance detailing the procedure for applying for an exemption from the Making Tax Digital (MTD) for Income Tax obligations. The guidance, issued under the statutory framework of the Finance Act 2025, clarifies the eligibility criteria, documentation required, and the electronic submission process that will replace

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Slovenia: Over 45% of Income Tax Investment Agreements Successfully Resolved

The Slovenian Tax Administration has announced that as of the close of the current review period more than 45 percent of all income tax investment agreements submitted under the informative assessment procedure have been resolved. The resolution of these agreements signifies the confirmation of tax liability the issuance of definitive tax decisions and the commencement

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Austria: BMF Responds to Fiscal Council Recommendations on Budget Targets

On 17 August 2026, the Federal Ministry of Finance published its formal “comply-or-explain” response to the Austrian Fiscal Council’s (Fiskalrat) June 2026 recommendations on budgetary targets and fiscal sustainability. The Council urged faster structural consolidation, stricter expenditure benchmarks, and quantification of climate-fiscal risks. The BMF accepted the deficit-reduction trajectory but contested the proposed 0.5 %

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Greece: AADE Fines Enterprise €1.32m for 132 Undeclared Immobile Vehicles

AADE fined an enterprise €1.32 million for failing to declare 132 immobile vehicles, following a cross-check with vehicle registration databases. The penalty underscores strict enforcement of asset disclosure obligations. Enterprises must accurately report all movable and immovable property in tax filings. Key Takeaways AADE fines enterprise €1.32m for non-disclosure of 132 immovable vehicles. Strict asset

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