Africa | Americas | Asia | Europe | Middle East
Oceania | International Organizations This year in review lists all EY Tax Alerts concerning significant developments in Europe during 2025. |
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| European Union |
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| 12.23.2025 | European Commission publishes provisional Implementing Acts and their Annexes regarding CBAM (2025-2607) |
| 10.22.2025 | EU adopts CBAM Omnibus Regulation (2025-2136) |
| 10.15.2025 | EU Ministers revise list of noncooperative jurisdictions for tax purposes (2025-2087) |
| 10.02.2025 | EU Commission releases recommendation aimed at boosting investments through Savings and Investment Accounts (2025-2001) |
| 09.30.2025 | European Commission publishes information on European Trust and Cooperation Approach initiative (2025-1971) |
| 09.04.2025 | European Commission launches three new CBAM Calls for Evidence (2025-1790) |
| 08.04.2025 | Italy | EUCJ rules regional taxation of dividends infringes on EU law (2025-1645) |
| 07.23.2025 | EU Commission releases new 'own resources' package as part of its Multiannual Financial Framework, including lump-sum contributions by large companies (2025-1565) |
| 07.08.2025 | EU Commission recommends tax incentives to support Clean Industrial Deal (2025-1398) |
| 05.29.2025 | European Parliament approves simplifications to CBAM procedures suggested by European Commission (2025-1154) |
| 05.19.2025 | EU | European Court of Justice rules on customs valuation treatment of post-entry price adjustments (2025-1097) |
| 05.12.2025 | EU prepares additional countermeasures against US tariffs while continuing negotiations (2025-1043) |
| 04.16.2025 | EU publishes countermeasures against US tariffs while suspending implementation (2025-0906) |
| 03.24.2025 | EU may postpone countermeasures to US tariffs to mid-April 2025 (2025-0739) |
| 03.20.2025 | European Commission sets conditions and procedures for authorized CBAM declarants (2025-0720) |
| 03.20.2025 | EU Member States reach political agreement on DAC9 (2025-0725) |
| 03.14.2025 | EU responds to US tariffs on steel and aluminum (2025-0689) |
| 03.12.2025 | EU Council approves VAT in the Digital Age (ViDA) package (2025-0656) |
| 03.03.2025 | European Commission releases Omnibus Package I proposal to simplify EU Carbon Border Adjustment Mechanism regulation (2025-0588) |
| 02.25.2025 | European Commission announces initiatives to improve competitiveness and adopts 2025 Work Programme (2025-0552) |
| 02.21.2025 | EU's revised list of noncooperative jurisdictions for tax purposes is unchanged; state-of-play overview is modified (2025-0527) |
| 02.07.2025 | Spain | CJEU rules Spanish withholding tax on dividends to a nonresident loss company is contrary to free movement of capital (2025-0432) |
| 01.03.2025 | EU Deforestation Regulation now postponed by 12 months (2025-0127) |
| Belgium |
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| 12.08.2025 | Belgium announces e-invoicing tolerance period and new draft law on B2B e-invoicing mandate (2025-2447) |
| 10.23.2025 | Belgium proposes technical amendments to its Pillar Two legislation (2025-2139) |
| 11.17.2025 | Belgian QDMTT return deadline extended till 30 June 2026 (2025-2304) |
| 02.07.2025 | Belgium | New federal government agreement on capital gains tax and tax reforms for investors (2025-0426) |
| 02.07.2025 | Belgium | New federal government agreement - Anticipated corporate income tax measures (2025-0429) |
| 01.15.2025 | Belgium issues administrative guidance on CFC amended rules (2025-0241) |
| Bulgaria |
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| 03.31.2025 | Bulgaria officially introduces SAF-T with submissions beginning in 2026 (2025-0789) |
| Cyprus |
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| 12.01.2025 | Cyprus tax authorities issue clarification note regarding bilateral agreement with United States (2025-2388) |
| 04.29.2025 | Cyprus introduces documentation requirements for certain payments to nonresident companies (2025-0959) |
| 04.15.2025 | Cyprus introduces defensive tax measures targeting low-tax and 'blacklisted' jurisdictions (2025-0895) |
| 02.28.2025 | Cypriot government announces tax reform measures (2025-0579) |
| 02.18.2025 | Cyprus Tax Authority publishes 10-year government bond yield rates for Notional Interest Deduction purposes (2025-0513) |
| Czech Republic |
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| 01.13.2025 | Czech VAT Act imposes new requirement for certain foreign businesses to appoint representative to receive correspondence from Czech tax authorities (2025-0218) |
| Denmark |
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| 07.08.2025 | Denmark modifies transfer pricing regulations: Act 194 A (2025-1402) |
| 06.10.2025 | Danish transfer pricing landscape: Insights into control mechanisms and legislative changes enacted on 3 June 2025 (2025-1230) |
| 03.13.2025 | Denmark proposes nonresident taxation on interest related to Danish real estate and expanded withholding tax obligation (2025-0680) |
| 02.10.2025 | Denmark plans new interest rules for late tax payments and corrections (2025-0445) |
| Estonia |
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| 12.08.2025 | Estonia | Significant tax changes in Estonia from 2026 (2025-2446) |
| 07.09.2025 | Estonia abolishes temporary defense tax, increases several tax rates (2025-1409) |
| 01.09.2025 | Estonia | Significant tax changes apply in 2025-2026 (2025-0186) |
| France |
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| 12.23.2025 | French Parliament approves Special Finance Bill for 2026 (2025-2604) |
| 10.17.2025 | French Government releases draft Finance Bill for 2026 (2025-2102) |
| 09.11.2025 | French Government announces simplification measures as part of September 2026 e-invoicing mandate (2025-1838) |
| 06.19.2025 | France publishes new standards for E-Invoicing Reform (2025-1306) |
| 02.14.2025 | French Parliament approves Finance Bill for 2025 (2025-0477) |
| 02.05.2025 | France publishes the new declaration form for CbCR and Pillar Two notification (2025-0401) |
| Germany |
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| 07.28.2025 | Germany enacts tax investment program to enhance country's appeal as business location (2025-1611) |
| 05.09.2025 | German Federal Fiscal Court rules on tax consequences of parallel imports in pharmaceuticals industry (2025-1024) |
| 04.10.2025 | Germany publishes administrative guidance on Transaction Matrix (2025-0856) |
| 03.20.2025 | German Federal Central Tax Office publishes new fact sheet on eligibility for relief under anti-treaty shopping rule (2025-0721) |
| 01.23.2025 | Germany issues Administrative Principles 2024 on transfer pricing, including final guidance on new rules for intercompany financing (2025-0308) |
| Gibraltar |
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| 12.16.2025 | Gibraltar to introduce Pillar Two registration and local Top-up Tax Return (2025-2520) |
| 07.23.2025 | Gibraltar's proposed anti-avoidance measures now implemented (2025-1567) |
| 04.14.2025 | Gibraltar proposes enhancements to its anti-avoidance provisions (2025-0890) |
| 01.03.2025 | Gibraltar's Pillar Two measures, including Qualified Domestic Top-up Tax, now enacted into legislation (2025-0117) |
| Hungary |
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| 10.14.2025 | Hungarian advance QDMTT return and payment is due in November (2025-2078) |
| Ireland |
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| 12.18.2025 | Ireland's Pillar Two Registration Deadline is extended (2025-2557) |
| 12.12.2025 | Irish Government publishes Phase One Feedback Statement for reform of Ireland's taxation regime for interest (2025-2490) |
| 10.14.2025 | Ireland announces introduction of e-invoicing (2025-2079) |
| 10.09.2025 | Ireland Budget 2026: An overview for international investors (2025-2048) |
| 08.18.2025 | Ireland's Pillar Two Hub and registration platform is live (2025-1703) |
| 04.25.2025 | Ireland's public consultation on R&D tax credit and options to support innovation runs until 19 May 2025 (2025-0950) |
| Italy |
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| 12.15.2025 | Italy | VAT audit focus on year-end transfer pricing adjustments (2025-2509) |
| 12.01.2025 | Italy's permanent establishment concept affected by OECD 2025 Model Tax Convention update (2025-2390) |
| 11.13.2025 | Italy publishes decree on local compliance obligations related to Global Minimum Tax (2025-2285) |
| 10.22.2025 | Italian Government approves draft 2026 Budget Law with tax measures affecting banks, other financial intermediaries and insurance companies (2025-2137) |
| 10.10.2025 | Italy | Milan first-tier Tax Court rules against alleged interposition of holding companies (2025-2054) |
| 09.12.2025 | Italian Revenue Agency issues ruling on VAT treatment of intra-entity services between Italian and UK fixed establishments of foreign company (2025-1829) |
| 07.11.2025 | Italian Court of Cassation endorses withholding tax exemption for interest from indirect financing (2025-1431) |
| 06.27.2025 | Italy expands reverse charge mechanism to logistics sector and ends split payment for FTSE MIB listed companies (2025-1369) |
| 06.26.2025 | Italy postpones Sugar Tax (2025-1362) |
| 06.19.2025 | Italy extends deadline for tax-hybrid penalty protection regime (2025-1302) |
| 04.24.2025 | Italian Revenue to require a guarantee from nonresident entities with appointed VAT representative seeking registration on VIES (2025-0939) |
| 03.04.2025 | Italian court of first instance recognizes reduced 1.2% dividend withholding tax for US corporations (2025-0592) |
| 01.31.2025 | Italian 2025 Budget Law tax measures — a summary (2025-0366) |
| 01.24.2025 | Italy approves significant changes to the Digital Services Tax (2025-0318) |
| 01.22.2025 | Italy issues final legislation for corporate income tax reform (2025-0293) |
| 01.09.2025 | Italian 2025 Budget Law introduces reduced alternative corporate income tax rate equal to 20% for FY 2025 (2025-0183) |
| 01.09.2025 | Italy approves 2025 Italian Budget Law and other relevant legislation enacting new VAT measures (2025-0187) |
| 01.07.2025 | Italian penalty protection regime for tax hybrids becomes effective (2025-0158) |
| Liechtenstein |
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| 01.28.2025 | Liechtenstein introduces new GloBE notification requirement (2025-0345) |
| Luxembourg |
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| 11.13.2025 | Luxembourg global compliance and reporting update (2025-2286) |
| 09.30.2025 | Luxembourg tax authority clarifies treatment of collective investment vehicles under Reverse Hybrid Entity Rules (2025-1965) |
| 08.19.2025 | Luxembourg to transpose DAC8, extending automatic information exchange on crypto assets, life insurance income, tax rulings for individuals and digital currencies (2025-1708) |
| 08.19.2025 | Luxembourg proposes legislation on GloBE Information Return, exchange of information and Administrative Guidance on Article 9.1 (2025-1710) |
| 08.04.2025 | Luxembourg carried interest proposal would make significant changes (2025-1647) |
| 04.08.2025 | Luxembourg adopts draft legislation approving tax treaty with Colombia (2025-0841) |
| Netherlands |
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| 11.19.2025 | Dutch Advocate General classifies Brazilian interest on net equity payments as dividends (2025-2329) |
| 10.16.2025 | Netherlands | Court of Appeal decides significant Dutch transfer pricing case largely for tax administration, but overturns multimillion-euro penalty (2025-2095) |
| 09.16.2025 | Netherlands budget proposals; key legislative developments for 2026 (2025-1869) |
| Poland |
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| 09.08.2025 | Poland signs into law mandatory national e-invoicing system (2025-1815) |
| 07.24.2025 | Poland to amend CIT Act on investment funds taxation (2025-1571) |
| 07.21.2025 | Poland issues official withholding tax guidance (2025-1541) |
| 05.19.2025 | Poland releases draft logical structure for e-invoices (2025-1095) |
| 04.28.2025 | Poland | Ministry of Finance updates obligatory e-invoicing regulations (2025-0955) |
| 04.09.2025 | Polish Ministry of Finance confirms there will be no further deferral of obligatory e-invoicing (2025-0854) |
| 03.20.2025 | Polish Minister of Finance issues General Interpretation regarding legal professional privilege in MDR provisions (2025-0719) |
| 03.17.2025 | Poland engaging in public consultation on reform of R&D incentives (2025-0704) |
| 03.05.2025 | Polish Ministry of Finance shares key directions for amendments to MDR regulations (2025-0613) |
| Portugal |
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| 10.29.2025 | Portugal introduces VAT group regime (2025-2182) |
| 09.08.2025 | Portugal's Pillar Two initial registration form now available (2025-1813) |
| 02.21.2025 | Portugal issues regulations on Tax Incentive for Scientific Research and Innovation (2025-0533) |
| 02.10.2025 | Portugal | Fiscal measures provided in State Budget Law for 2025 (2025-0447) |
| Romania |
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| 12.19.2025 | Romania | Advance Pricing Agreements increasingly important under new deductibility limitations for intercompany expenses with nonresident affiliated entities (2025-2573) |
| 11.19.2025 | Romania | CbCR in the spotlight — Tax authorities launch awareness campaign for voluntary compliance with 31 December 2025 deadline (2025-2322) |
| 07.30.2025 | Romanian tax changes introduced by new fiscal and budgetary measures (2025-1622) |
| 07.30.2025 | Romania adopts changes to transfer pricing legal framework (2025-1625) |
| 07.24.2025 | Romanian tax authorities run data-collection campaign focused on transfer pricing, through August 2025 (2025-1572) |
| Slovakia |
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| 01.15.2025 | Slovakia's digitization for VAT on the horizon (2025-0238) |
| Slovenia |
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| 01.29.2025 | Slovenia mandates submission of VAT ledgers as of 1 July 2025 (2025-0351) |
| Spain |
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| 09.11.2025 | Spanish National High Court rules non-EU tax resident may deduct expenses on rental income from Spanish real estate (2025-1843) |
| 03.27.2025 | Spain | New draft regulation updates requirements for upcoming mandatory e-invoicing for B2B transactions (2025-0765) |
| 01.10.2025 | Spain reintroduces and extends limitations on use of tax losses and foreign tax credits, after prior implementation was ruled unconstitutional (2025-0192) |
| 01.02.2025 | Spain approves Pillar Two legislation (2025-0105) |
| Sweden |
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| 06.17.2025 | Sweden | Proposed changes to withholding tax law would provide exemptions for foreign states (2025-1280) |
| Ukraine |
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| 06.24.2025 | Ukraine abolishes legacy legal entity types - key implications for businesses (2025-1339) |
| 05.02.2025 | Ukraine requires information on representative offices (branches) of foreign companies be transferred to new register (2025-0979) |
| 02.14.2025 | Ukraine strengthens rules on mandatory ultimate beneficial owner and ownership structure discrepancy reporting (2025-0486) |
| United Kingdom |
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| 12.23.2025 | UK transfer pricing - Finance Bill changes (2025-2598) |
| 12.03.2025 | UK Government announces mandatory e-invoicing will go live with effect from April 2029 (2025-2407) |
| 12.02.2025 | UK introduces Budget 2025 (2025-2397) |
| 06.27.2025 | UK HMRC publishes guidance on Unilateral Advanced Pricing Agreement process for Cost Contribution Arrangements (2025-1377) |
| 05.16.2025 | UK announces new single tax on securities to replace stamp duty and stamp duty reserve tax (2025-1086) |
| 05.09.2025 | United Kingdom | Trade deal with United States announced (2025-1025) |
| 05.01.2025 | UK HMRC opens consultations on transfer pricing with proposals for SME exemption, ICTS and broader TP reform (2025-0974) |
| 04.04.2025 | UK HMRC allows for unilateral APAs to provide certainty on cost contribution arrangements (2025-0824) |
| 03.28.2025 | United Kingdom | How the taxation of carried interest in the UK is changing (2025-0785) |
| 03.26.2025 | UK Spring Statement defers major tax announcements to Budget in Autumn 2025 (2025-0761) |
| 02.17.2025 | UK e-invoicing consultation published (2025-0500) |
| 01.21.2025 | UK government confirms upcoming automatic conversion of pre-settled status to settled status (2025-0282) |
