On 14 October 2026, the State Tax Service clarified the eligibility criteria for real estate tax exemptions available to single parents raising children. Under the Tax Code, single mothers or fathers are entitled to a tax exemption on one residential property (apartment or house) up to 120 sq. meters (apartment) or 250 sq. meters (house),
Ukraine：Ukraine Real Estate Tax: Benefits for Single Parents Clarified Read More »
According to calculations by the Spanish Treasury (Hacienda) released on 14 October 2026, the tax proposal put forward by the political party Vox would reduce fiscal revenues by approximately €85 billion annually. The plan includes eliminating inheritance and wealth taxes, cutting corporate tax rates, and flattening personal income tax brackets. The government has responded by
Spain: Spain Defends State Role Amid €85B Tax Revenue Drop from Vox Plan Read More »
The Austrian Customs Office (Zollamt Österreich) published its half-year report for 2026, revealing 4.0 million customs declarations processed, 318,000 physical and documentary controls performed, and €4.15 billion in customs duties, import VAT, and excise duties secured. The report highlights the growing volume of e-commerce shipments, the effectiveness of risk-based targeting, and the role of the
Austria：Austria Customs Half-Year Report: 4 Million Declarations, €4.15 Billion Revenue Read More »
In Letter No. EA-36-15/8583@ dated 29 September 2026, the Federal Tax Service provided detailed instructions for completing the Indirect Tax Declaration when a Document on Planned Supply of Goods (DOPP) is involved. The guidance, publicized on 14 October 2026, stipulates that the declaration must reflect the DOPP itself, the goods accepted for accounting, and the
Russia: Russia FTS Issues Indirect Tax Declaration Guidance for DOPP Read More »
The Finnish Government submitted a legislative proposal on 14 October 2026 to expand the corporate interest deduction limitation for certain critical infrastructure projects. Under current Finnish tax law (Business Tax Act Section 18a), net interest expenses are deductible only up to 25% of taxable EBITDA, with a €500,000 de minimis threshold. The proposal introduces an
Finland: Government Proposes Expanded Interest Deduction for Critical Infrastructure Read More »
As of 14 October 2026, more than 58,000 taxpayers in the Kharkiv region have selected the digital format for official correspondence with tax control bodies, according to the State Tax Service. This shift to electronic document exchange is part of Ukraine’s broader e-government transformation. Key Takeaways Digital Adoption Surge: The high uptake signals growing trust
Ukraine：58,000 Kharkiv Taxpayers Opt for Digital Correspondence with Authorities Read More »
Starting 1 November 2026, new EU regulations will apply to the customs handling of low-value consignments (small packages) entering the EU from third countries. The changes include stricter product identification requirements (mandatory HS codes, detailed descriptions) and a 2 EUR per package Union handling fee for shipments declared via the Import One-Stop Shop (IOSS) or
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On 14 October 2026, the Tax Administration of Republika Srpska published its latest fiscal performance report covering the first nine months of the year. According to the official statement, total public revenue collections amounted to 3.602 billion convertible marks (KM), marking a year-on-year increase of 341.4 million KM or 10 percent compared to the same
Bosnia and Herzegovina：Republika Srpska Tax Revenue Up 10% to 3.6B KM in Jan-Sep 2026 Read More »
As of 14 October 2026, the Spanish Tax Agency (Agencia Tributaria) has announced a 24% withholding tax on all revenue generated by Shakira’s 13 scheduled concerts in Madrid, including performance fees, merchandise sales, and ticket revenues. The measure aims to prevent tax base erosion through inflated technical production costs that could mask the artist’s true
Spain: Spain Tax Agency To Withhold 24% Of Shakira’s Madrid Concert Revenue Read More »
On 14 October 2026, Czech tax authorities issued a transfer pricing adjustment notice to PKN Orlen’s Czech subsidiary (Orlen Unipetrol), challenging the allocation of EUR 300 million in profits from the Litvínov refinery’s cross-border processing of Polish-sourced crude. The dispute centers on the application of the Authorized OECD Approach (AOA) for attributing profits to the
