Europe

North Macedonia: North Macedonia Tax Office Promotes Fair Tourism in Mavrovo

On 19 October 2026, the Public Revenue Office extended its “Fair Tourism Starts with Declared Income” awareness campaign to Mavrovo, a major mountain tourism destination. The initiative targets accommodation providers, tour operators, restaurants, and ancillary service businesses, emphasizing the legal obligation to register all transactions, issue fiscal receipts, and declare full revenues. The campaign combines

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Russia: Digital Government Tax Solutions Discussed at World Bank IMF Meetings

On the sidelines of the 2026 World Bank Group and International Monetary Fund Annual Meetings held in Washington D.C. on 19 October 2026, the Federal Tax Service (FTS) of Russia convened a dedicated high-level panel titled “Digital Government for Investment and Economic Growth: Tax Administration as a Catalyst.” The session, co-hosted with the World Bank’s

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Kosovo:Kosovo TAK Mandates Tax Declaration for Electronic Supplies Income

On 19 October 2026, the Tax Administration of Kosovo (TAK) published a formal notice reminding all taxpayers—including non‑business individuals, business individuals, and legal entities—of their statutory obligation to declare and pay tax on income derived from electronic supplies, as well as to remit corresponding pension contributions, in line with the Law on Tax Administration and

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Greece: Greece Unveils New Tax Bill: Key Changes and Effective Dates

The Greek Ministry of Finance has placed the new tax bill into public consultation, outlining a comprehensive set of measures scheduled to take effect across 2026 and 2027. The legislation, aligned with the Medium-Term Fiscal Strategy, introduces amendments to the Income Tax Code (KFD), VAT Code, and Tax Procedure Code (KFD). Key provisions include revised

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Spain:Business Lobby Aecoc Urges Swift Budget Approval by New Government

On 19 October 2026, Spain’s leading business association Aecoc called on the newly formed government to approve the national budget without delay. The lobby argues that prolonged budgetary uncertainty hampers investment decisions, increases financing costs, and undermines Spain’s credibility in European markets. Aecoc’s statement highlights the need for fiscal predictability to support post-pandemic recovery and

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Albania: Albania External Economist Onboarding: 30-Day Tax Compliance Guide

Published on 19 October 2026, this guide outlines the critical first 30 days when an Albanian business engages an external certified economist (accountant) to manage tax compliance. Under Law No. 29/2023 on income tax and Law No. 92/2014 on VAT, the economist assumes responsibility for timely filing, accurate calculation of profit tax (15.1% standard rate),

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Sweden:FAR Proposes Simplified VAT Rules for Property Rentals

On 19 October 2026, the Swedish Institute for the Accountancy Profession (FAR) published a position paper advocating for a significant simplification of value-added tax (VAT) rules governing the rental of commercial premises. The proposal calls for an expansion of the voluntary taxation option (frivillig beskattning) under Chapter 7, Section 6 of the Swedish VAT Act

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Ireland:OECD Compiles 2026 Peer Reviews on Country-by-Country Reporting

On 19 October 2026, the OECD released the compilation of 2026 Peer Review Reports on the implementation of the Country-by-Country (CbC) Reporting standard (Action 13 of the BEPS project). The compilation covers 52 jurisdictions that have committed to the standard, assessing their legal frameworks, exchange of information mechanisms, and practical implementation. The reviews identify areas

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Sweden:Tax & Accounting Weekly Monitoring: Week 43 Highlights

In its Week 43 (19–25 October 2026) environmental scanning report, FAR’s “Utblick” service highlighted three critical developments for the Swedish audit, accounting, payroll, and tax professions. First, the Auditor Oversight Board (Revisorsinspektionen) issued four new supervisory decisions, including three warnings addressing deficiencies in anti-money laundering (AML) procedures, revenue recognition auditing, and the audit of a

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Slovakia: Slovakia e-Invoicing: Tax Authority Confirms Accounting Rules Unchanged

On 19 October 2026, the Slovak Financial Administration clarified that the introduction of mandatory e-invoicing from 1 January 2027 does not alter fundamental accounting principles. Entrepreneurs must continue to prepare and process invoices under existing accounting standards; only the transmission method changes to a unified electronic structure via certified digital postal operators. The authority urges

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