Europe

Ukraine:Ukraine Controlled Transactions Rise 12% to UAH 3.7 Trillion

The STS reported that the total volume of controlled transactions (related-party dealings) declared by Ukrainian taxpayers increased by 12% year-on-year, reaching UAH 3.7 trillion in the first half of 2026. The surge reflects both economic recovery and enhanced reporting compliance following the introduction of mandatory Country-by-Country Reporting (CbCR) and Master File/Local File requirements aligned with

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Belgium: Belgium Mobility Budget 2027 Implementation Delayed: Employer Guidance

On 21 October 2026, the Federal Ministry of Finance and Mobility confirmed that the planned 1 January 2027 go-live date for the reformed Mobility Budget regime is not achievable due to pending European Commission state-aid approval and incomplete royal decrees. The current fiscal framework for the mobility budget (pillars 1, 2, and 3) remains in

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Greece: IMF Workshop: Digital Transformation Reshapes Tax Administration Operations

At an IMF fiscal affairs workshop in Athens, the Secretary General of Public Revenue, Giorgos Pitsilis, presented Greece’s digital transformation roadmap for the Independent Authority for Public Revenue (AADE). The strategy centers on three pillars: real-time data analytics for risk-based audits, end-to-end digital taxpayer services, and organizational restructuring to support agile governance. Key initiatives include

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Portugal: Portugal VAT Exemption for Credit Intermediation Services

On 21 October 2026, the Portuguese Tax and Customs Authority (Autoridade Tributária e Aduaneira) published Ofício-circulado n.º 25122/2026, clarifying the VAT exemption applicable to credit intermediation and mediation operations under Article 9(27)(a) of the VAT Code. This administrative instruction provides binding interpretative guidance for taxpayers and tax officials, ensuring consistent application of the exemption across

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Russia: Russia Finance Ministry Drafts Tokenization Sandbox Roadmap

On 21 October 2026, the Russian Ministry of Finance disclosed the preparation of a regulatory roadmap to launch three experimental legal regimes (ELRs) for asset tokenization, marking a pivotal step toward a formalized digital asset taxation framework. The roadmap, developed in coordination with the Bank of Russia and the Federal Financial Monitoring Service (Rosfinmonitoring), will

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Sweden: When the Link Between Accounting and Taxation Breaks

As of 21 October 2026, the Swedish professional journal Balans published an in-depth analysis examining the critical divergence between financial accounting standards and tax legislation in Sweden. The article, authored by leading tax experts, highlights how recent shifts in accounting policies—specifically the adoption of residual value depreciation methods—can sever the traditional alignment between reported earnings

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Ukraine: Ukraine Transport Tax: New Reporting Form Effective January 2027

On 21 October 2026, the State Tax Service of Ukraine (STS) announced that starting 1 January 2027, all taxpayers liable for the transport tax must submit their declarations using a newly approved electronic form. This change is part of the ongoing digitalization of tax administration and aims to streamline data collection, reduce errors, and enhance

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Ukraine:Ukraine Transport Tax Reporting: New Form Effective Jan 1, 2027

The STS approved a new reporting form for transport tax (Form 1.4-T) effective 1 January 2027, replacing the current Form 1.3-T. The revised form requires disaggregation of taxable vehicles by category (passenger, cargo, special), engine capacity, and age, and introduces a separate line for electric vehicles benefiting from a 50% tax reduction. Taxpayers must submit

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Croatia: Croatia Enables Free e-Invoicing via MIKROeRAČUN App Upgrade

On 21 October 2026, the Croatian Tax Administration deployed a production upgrade to the MIKROeRAČUN application, enabling users to issue and fiscalize e-invoices (eRačun) free of charge. This enhancement targets micro and small taxpayers subject to mandatory fiscalization under the Fiscalization Act, lowering barriers to compliance with Croatia’s real-time invoice reporting regime. The update integrates

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Poland: Poland Excise Duty: Test Drive Vehicles Imported from EU May Be Exempt If No Ownership Rights Acquired

On 21 October 2026, the Supreme Administrative Court (NSA) ruled that not every import of a passenger car from another EU member state triggers excise duty liability. The key factors are whether the importer acquired the right to dispose of the vehicle as an owner and whether the registration permits ordinary use. In the case

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