Europe

Netherlands: CFE Tax Top 5: Key European Tax Updates for October 2026

On 20 October 2026, the CFE published its weekly Tax Top 5 newsletter for the week ending 19 October 2026, curating the most significant European tax developments for practitioners. This edition covers updates on the OECD Pillar Two implementation across EU member states, the European Commission’s proposed directive on faster administrative cooperation (DAC8) for crypto-assets,

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Hungary: Overloaded Alcohol Van Seized Near Komárom

On 20 October 2026, NAV Revenue Directorate officers near Komárom intercepted a light commercial vehicle loaded with over 1,000 liters of beer and various spirits. Beyond the sheer volume of excise goods, the vehicle was also significantly overloaded, posing a traffic safety hazard. The seizure suggests an attempt to transport large quantities of alcohol without

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Netherlands: New Dilemma: Power of Attorney Guidance for Tax Advisers

On 20 October 2026, the NOB (Dutch Association of Tax Advisers) published a new dilemma in its DilemmApp addressing the practical and legal challenges surrounding the use of powers of attorney (volmacht) by tax advisers representing clients before the Dutch Tax and Customs Administration (Belastingdienst). The dilemma explores scenarios where a client grants a broad

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Flemish region (Belgium): Flemish Tax Admin Issues Guidance on Partial Split Tax Abuse

The Flemish Tax Administration published an administrative position on 20 October 2026 regarding the tax treatment of partial split transactions under the prefiling procedure. The guidance addresses potential fiscal abuse scenarios where a partial split may be used to circumvent tax obligations. This position provides certainty for taxpayers and practitioners structuring corporate reorganizations involving partial

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Poland:Hungary Unveils Deficit-Cutting Tax Plan Targeting Multinationals and Digital Services

On 20 October 2026, the Hungarian government of Prime Minister Péter Magyar unveiled a fiscal consolidation package targeting HUF 1,200 billion (EUR 3.1 billion) in additional revenue by 2028. Key tax measures include a 15% digital services tax on global tech platforms with EU revenues exceeding EUR 750 million, a 2% turnover tax on multinational

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Flemish region (Belgium): Flemish Tax Admin Clarifies Mutual Sales as Exchange or Sale

On 20 October 2026, the Flemish Tax Administration released a position clarifying the qualification of mutual sales (wederzijdse verkopen) as either an exchange (ruil) or a sale (verkoop) for registration duty purposes. The distinction impacts the applicable tax base and rate, particularly in real estate transactions where parties simultaneously sell properties to each other. Key

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Spain: Spain Plans One-Year Delay for QR Code Mandate on Invoices

On 20 October 2026, the Spanish Government announced its intention to postpone the mandatory inclusion of QR codes on invoices for SMEs and self-employed by one year, targeting October 2028 for enforcement. The QR code, which encodes invoice data for automatic verification by the Tax Agency, was originally slated for earlier implementation. The delay aligns

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Greece: €10K POS Penalty Cancelled for Parking Operator Exempt from Cash Register Rules

The Athens Administrative Court of Appeal annulled a €10,000 penalty imposed on a parking facility operator for failure to connect its POS terminals to the tax authority’s electronic system (myDATA). The operator successfully argued that its activities fall under the exemption provided by POL.1002/2014, which excludes parking services from the mandatory use of fiscal electronic

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Flemish region (Belgium): Flemish Tax Admin Releases US Estate Tax Offset Guidance

The Flemish Tax Administration issued a standing position on 20 October 2026 detailing the practical procedure for offsetting foreign inheritance tax paid, specifically US Estate Tax, against Belgian inheritance tax liability. This guidance addresses double taxation concerns for estates with assets in both jurisdictions and provides a step-by-step administrative process for taxpayers. Key Takeaways Credit

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Spain: Spain Admits Excessive Barriers for Self-Employed Expense Deductions

On 20 October 2026, the Council for the Defense of the Taxpayer (Consejo para la Defensa del Contribuyente) published a report acknowledging that self-employed individuals face excessive obstacles in deducting common business expenses such as vehicles, mobile phones, meals, and telework supplies. The report urges the Tax Agency to establish clear, objective criteria to replace

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