As of 24 October 2026, the European Parliament has indicated a willingness to further relax the EU’s carbon dioxide emission standards for new passenger cars and light commercial vehicles. This development comes amid ongoing industry pressure and concerns over the feasibility of meeting the stringent 2025 and 2030 targets under the Fit for 55 legislative
Slovenia: EU Car Emissions Law Faces Further Relaxation Measures Read More »
On 24 October 2026, the Sejm adopted two amendments proposed by MP Ryszard Petru (Poland 2050) during the PIT reform bill committee stage. The first, widely praised by tax experts, introduces a transitional relief for taxpayers crossing the PLN 120,000 threshold in 2026–2027, smoothing the marginal rate jump. The second, dubbed “quirky” by the Legislative
Poland：Poland Sejm Adopts Two Petru Amendments: One Sensible, One Quirky on Tax Policy Read More »
In an expert commentary published 24 October 2026, tax law professor Małgorzata Samborska analyzes the Senate committee’s indexation proposal, focusing on the critical ambiguity regarding the tax-free allowance (kwota wolna od podatku). Current draft language references “thresholds” (progi) but omits explicit mention of the PLN 30,000 allowance. Samborska argues that excluding the allowance would undermine
Poland：Poland PIT Indexation from 2028: Will Tax-Free Allowance Be Included? Read More »
On 24 October 2026, the Spanish Tax Agency initiated the regulatory process to extend the objective estimation (modules) regime for 2027. However, the published order does not include the annual income and purchase volume limits that determine which self-employed can remain in the simplified system. Without these thresholds, thousands of taxpayers face uncertainty about their
Spain: Spain Must Still Set 2027 Income Limits for Module System Eligibility Read More »
On 24 October 2026, the Sejm rejected the government’s proposal to raise the standard corporate income tax (CIT) rate from 19% to 21% for entities with revenues exceeding EUR 50 million. The vote failed 218–212, with 12 coalition MPs abstaining. The measure, part of the 2027 budget revenue package, was projected to yield PLN 6.3
Poland：Poland Sejm Rejects CIT Rate Hike, Budget Loses Billions in Projected Revenue Read More »
On 24 October 2026, the Ministry of Finance published a draft order for public consultation that proposes maintaining the general 5% reduction on net income for self-employed workers taxed under the objective estimation (módulos) regime throughout 2027. Additionally, the draft introduces enhanced tax reductions for farmers and livestock breeders, reflecting the government’s intent to support
Spain: Tax Agency Proposes Extending 5% Module Reduction for Self-Employed in 2027 Read More »
On 23 October 2026, the Tax Agency confirmed that while the draft order to extend the módulos regime into 2027 has been launched, the specific income ceilings (límites de facturación) that determine eligibility have not yet been approved. These thresholds are established annually by law and are essential for determining which self-employed individuals can remain
Spain: Income Thresholds for 2027 Module Regime Still Pending Approval Read More »
The AADE issued a circular clarifying the tax treatment of property acquisitions by one spouse where the consideration is provided by the other spouse, and the transaction is characterized as an informal gift (donation inter vivos). Under Article 14 of Law 4172/2013 (KFE), donations between spouses are exempt from gift tax up to €150,000 per
Greece: Property Purchase and Informal Gift Between Spouses: Tax Implications Read More »
On 23 October 2026, investigative reporting revealed that Andziaks Sp. z o.o.’s switch to the 9% micro-enterprise tax (mikropodatek) was triggered by a KAS (National Revenue Administration) pre-audit inquiry into transfer pricing documentation for related-party transactions with a UAE-based licensing entity. The micro-tax regime, per Article 19a CIT Act, exempts qualifying entities from transfer pricing
On 23 October 2026, the Sejm adopted a comprehensive package of amendments to the PIT, CIT, and Lump-Sum Tax Acts. Key measures include: retaining the 19% flat CIT rate (rejecting a hike to 22% for large firms), introducing a ban on reverse depreciation (amortyzacja wsteczna), and enabling companies using the Estonian CIT regime to finally
