Europe

United Kingdom: HMRC Updates Charities Tax Guidance for Compliance

On 30 October 2026, HM Revenue & Customs (HMRC) published revised tax guidance for charities operating in the United Kingdom. The update consolidates recent legislative amendments, including changes introduced by the Finance Act 2026, and provides clarified instructions on Gift Aid eligibility, trading income thresholds, and VAT reliefs for charitable activities. The guidance aims to

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Greece: Greece Extends NACE Code Update Deadline to Dec 31, 2026

The AADE has officially extended the deadline for businesses to update their statistical classification codes (NACE Rev. 2.1 / European ΚΑΔ) to 31 December 2026. This extension responds to requests from professional bodies and enterprises needing additional time to adapt to the new European classification framework, which affects statistical reporting, tax obligations, and eligibility for

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Romania: ANAF Launches VAT Risk-Based Compliance Program for Taxpayers

On 30 October 2026, Romania’s National Agency for Fiscal Administration (ANAF) announced the launch of the country’s first national tax prevention program specifically targeting Value Added Tax (VAT) compliance risks. This initiative represents a strategic shift from reactive audits to proactive, data-driven risk management, leveraging centralized analysis of non-compliance indicators across the taxpayer population. The

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Romania: Johan Norberg: Tax Hike Austerity Fails, Warns at ZF Gala

On 30 October 2026, historian and author Johan Norberg, speaking at the ZF Gala 2026, argued that austerity measures based on tax increases are counterproductive and fail to achieve fiscal consolidation. Drawing on historical examples, Norberg demonstrated that higher taxes often reduce economic activity, leading to lower revenues and deeper deficits. He advocated for spending

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Russia: FNS Campaign Targets Landlords: Rental Income Tax Obligations

On 30 October 2026, the FNS launched a nationwide awareness campaign titled “I Rent Out an Apartment. And I Pay Tax!” aimed at improving voluntary compliance among individuals earning income from leasing residential premises. The campaign highlights that rental income is subject to Personal Income Tax (PIT) at 13% for tax residents (30% for non-residents)

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Italy: Italy Delays Sugar Tax and Plastic Tax Implementation to July 2027

On 28 October 2026, the Italian Council of Ministers approved a further deferral of the Sugar Tax and Plastic Tax, originally introduced by the 2020 Budget Law (Law No. 160/2019), pushing their effective date from 1 January 2027 to 1 July 2027. This marks the sixth postponement since their legislative inception, reflecting ongoing industry lobbying

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Bosnia and Herzegovina: Bosnia Customs Auction 598: Seized Goods Sale Announced

On 30 October 2026, the Indirect Taxation Authority of Bosnia and Herzegovina (UIO) announced Auction 598 for the public sale of goods seized during customs enforcement operations. The auction follows standard customs procedures under the Customs Law and relevant bylaws, offering businesses and individuals the opportunity to purchase confiscated items ranging from vehicles to consumer

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United Kingdom: HMRC Clarifies Legal Privilege in Tax Avoidance Cases

On 30 October 2026, HMRC issued a detailed policy paper outlining its approach to legal professional privilege (LPP) in the context of tax avoidance investigations. The document responds to recent tribunal decisions, notably the Bilta v RBS line of authority, and sets out the circumstances under which HMRC will challenge claims of privilege over communications

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Greece: Greece Imposes €2 Fee on Non-EU Online Purchases from Nov 1

Effective 1 November 2026, Greece will apply a €2 fee on electronic purchases of goods from countries outside the European Union, as announced by AADE on 30 October 2026. This measure targets low-value consignments (under €150) that previously entered without customs duties, aiming to level the playing field for EU-based retailers and generate revenue for

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Luxembourg: Luxembourg Circulars on LIR Articles 152ter, 154quater, 154quinquies

On 30 October 2026, the Luxembourg Administration des Contributions Directes (ACD) published three administrative circulars providing detailed guidance on the application of Articles 152ter, 154quater, and 154quinquies of the Income Tax Law (L.I.R.). These articles govern specific regimes such as the tax treatment of certain capital gains, exemptions for qualifying holding structures, and anti-avoidance provisions

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