Europe

France: France Imposes Sanctions After Tax Audit of Bondy Association

On 13 October 2026, the DGFiP announced the conclusion of a targeted tax audit of the declared association “BONDY MEME AVIE”, resulting in the imposition of administrative sanctions under Articles 1729 and 1741 of the General Tax Code. The audit, covering fiscal years 2021–2023, uncovered systematic underreporting of revenue from commercial activities (event organization and

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Malta: EU Commission Proposes Extending VAT Anti-Fraud Measures to 2030

The European Commission has formally proposed a legislative extension of the VAT anti-fraud measures embedded in Articles 199a and 199b of the VAT Directive (2006/112/EC), which are currently set to expire in June 2026. The proposal seeks to prolong the application of the optional Reverse Charge Mechanism (RCM) and the Quick Reaction Mechanism (QRM) until

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Portugal: Portugal Publishes 2026 GDP Deflator and Income Bracket Index

On 13 October 2026, Portaria n.º 455/2026/1 disclosed the variation rates of the GDP deflator and GDP per worker, as well as the coefficient for updating the taxable income brackets provided in Article 68 of the Personal Income Tax Code (CIRS) for 2026. This annual indexation adjusts tax brackets, deductions, and certain allowances for inflation.

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Ukraine:Rivne Military Tax Collections Surge 27% in 2026

As of 13 October 2026, the State Tax Service indicated that military tax receipts from taxpayers in the Rivne region have risen by 27% year-over-year. The military tax, set at 1.5% of taxable income, funds defense expenditures and support for armed forces. Key Takeaways War-Time Fiscal Mobilization: The sharp increase reflects both higher income bases

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Norway: Norway Source Tax Rules for Foreign Employees Explained

Published 13 October 2026, this article details the source tax (kildeskatt) regime applicable to foreign employees working in Norway. Source tax is a special withholding regime distinct from ordinary PAYE (Pay As You Earn), designed for short-term assignments and non-resident workers. The regime applies a flat rate (currently 25%) on gross salary without deductions for

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Malta: EU Updates Tax Haven Blacklist: Panama, Vietnam Moved to Annex II

On 9 October 2026, the Council of the European Union adopted the latest update to the EU list of non-cooperative jurisdictions for tax purposes. The revision results in significant movements between Annex I (the blacklist) and Annex II (the grey list of jurisdictions that have committed to reforms). Panama and Viet Nam have been removed

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Sweden: Sweden Tax Agency Updates Christmas Benefit Rules for Employers

On 13 October 2026, the Swedish Tax Agency (Skatteverket) published its annual guidance on the tax treatment of Christmas gifts (julgåvor) and Christmas buffets (julbord) provided by employers to employees. The release clarifies the valuation rules under Chapter 6, Section 1 of the Income Tax Act (IL) and the associated ordinance on benefits valuation (Förordning

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Czech Republic: Chamber Comments on Income Tax Amendment Linked to Accounting Act

On 12 October 2026, the Chamber of Tax Advisers submitted comments to the Ministry of Finance on the comprehensive amending proposal to the Income Tax Act, which accompanies the new Accounting Act. The new Accounting Act, effective from 2026, introduces significant changes to financial reporting standards, necessitating corresponding adjustments in tax legislation. The Chamber’s comments

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Finland:Finland SVA Statement: Corporate Reorganization Rules HE211/2026

On 13 October 2026, the Finnish Association of Tax Experts (Suomen Veroasiantuntijat ry, SVA) published its official statement on the Government Proposal HE211/2026 concerning amendments to corporate reorganization rules. The proposal aims to modernize the tax treatment of mergers, demergers, and asset transfers, aligning Finnish legislation with EU directives and OECD guidelines. The SVA statement

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Bosnia and Herzegovina: Bosnia-Slovenia Customs Cooperation Strengthened Under EU Regulations

On 13 October 2026, Dr. Zoran Tegeltija, Director of the Indirect Taxation Authority (UIO) of Bosnia and Herzegovina, met with the Acting Director of the Customs Administration of the Republic of Slovenia in Banja Luka. The discussions focused on strengthening bilateral customs cooperation, aligning procedures with EU acquis, and implementing joint projects under the EU

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