On 26 October 2026, the Spanish Supreme Court issued a landmark ruling confirming that the Tax Agency (Agencia Tributaria) may enforce tax debts even when procedural errors occurred during the inspection phase, provided the taxpayer had the opportunity to present a defense. The decision clarifies that not every administrative mistake automatically invalidates a tax settlement
On 26 October 2026, HM Treasury and HMRC published the complete collection of tax-related documents accompanying the Autumn Budget 2026. This comprehensive repository includes the Finance Bill 2026 clauses, Tax Information and Impact Notes (TIINs), policy costings, distributional analyses, and consultation responses. The collection provides the legislative and analytical foundation for all tax measures announced
United Kingdom: UK Budget 2026 Tax Related Documents Collection Published Read More »
Effective 1 November 2026, a handling fee applies to all extra-EU e-commerce consignments entering the EU, regardless of value. This fee, distinct from VAT and customs duties, covers customs processing costs and is collected by the postal operator or express carrier at delivery. Simultaneously, the planned package tax (tassa sui pacchi) under the revised EU
As of 26 October 2026, the Luxembourg government has placed a comprehensive tax reform package at the center of its political agenda, coinciding with a landmark tripartite agreement on energy pricing. The reform, discussed during the weekly political roundtable, aims to modernize the Grand Duchy’s fiscal framework while addressing competitiveness concerns raised by the private
Luxembourg: Luxembourg Tax Reform and Energy Tripartite Shape Policy Read More »
As of 26 October 2026, Moldova’s State Tax Service (STS) has implemented a revised classification of tax violations under the Tax Code amendments approved by Parliament in September 2026. The new framework replaces the previous three-tier categorization with a five-tier system that aligns penalty severity more closely with the degree of taxpayer fault, the amount
Moldova: Moldova Introduces New Tax Violation Classification System Read More »
The European Commission has confirmed that new trade restrictions targeting Chinese imports will enter into force by January 1, 2027, marking a significant escalation in EU trade defense measures. The package includes increased customs duties on strategic sectors such as electric vehicles, steel, and solar panels, alongside quantitative import quotas designed to protect domestic producers
Montenegro：EU Imposes Tariffs and Quotas on Chinese Goods from 2027 Read More »
The Polish tax authority will host an online conference on 17 November 2026 to celebrate two decades of the Advance Pricing Agreement (APA) program, which was introduced in 2006 to provide certainty on transfer pricing for controlled transactions. The event will review the evolution of APA regulations, present bilateral and multilateral APA statistics, and discuss
Poland: Poland Marks 20 Years of Advance Pricing Agreements Read More »
On 26 October 2026, the Polish Senate’s Public Finance Committee approved a government-backed amendment introducing automatic annual indexation of personal income tax (PIT) thresholds starting from 2028. The measure aims to eliminate “bracket creep” caused by inflation pushing taxpayers into higher rate bands without real income growth. The legislation references Article 27 of the Personal
Poland: Poland Senate Committee Advances Tax Threshold Indexation Bill Read More »
The National Assembly of Serbia adopted amendments to the Corporate Income Tax Law on 26 October 2026, introducing significant changes to deductible expenses, loss carryforward rules, and investment incentives. The amendments aim to align domestic legislation with OECD BEPS recommendations and EU directives. Key modifications include a limitation on interest deductibility to 30% of EBITDA,
On 26 October 2026, the National Audit Office (NAO) published a report assessing HM Revenue & Customs (HMRC) progress in managing tax debt. The report acknowledges improvements in HMRC’s debt collection capabilities since the pandemic but highlights that tax debt as a proportion of total tax receipts remains significantly higher than pre‑COVID‑19 levels. The NAO
United Kingdom: NAO Urges HMRC to Intensify Tax Debt Collection Efforts Read More »
