European Union: Income Tax

Il Decreto Omnibus ha ripristinato l'elenco dei beneficiari del welfare aziendale e modificato la tassazione del fringe benefit auto, introducendo nuovi criteri di calcolo basati su percorrenza convenzionale e percentuali variabili secondo la motorizzazione.

Ireland is introducing a new tax-efficient Investment Account from July 2027, allowing residents to invest up to €12,000 annually with a €50,000 tax-free threshold. The initiative aims to encourage retail investment by eliminating complex tax rules like deemed disposal and replacing them with a simplified 1% annual tax on amounts exceeding the threshold.

The Irish Budget for 2027 (“Budget 2027”) was announced by Minister Simon Harris on 6 October 2026. Budget 2027 contains a number of measures intended to support Ireland’s status as a leading financial and investment jurisdiction in Europe. International investors will welcome the introduction of reforms for the taxation of Irish corporates, the introduction of new rules to accommodate the Pillar Two side-by-side agreement with the US and the extensions to Irish tax provisions for tax credits.

The Cyprus Tax Portal enables taxpayers to manage their tax obligations digitally, from submitting self-assessments to completing payments through card or internet banking. This practical guide walks through the essential steps for navigating the portal, selecting the correct tax categories, verifying payment details, and ensuring transactions are properly recorded in your tax account.

The Dutch minority coalition government submitted its 2027 Tax Plan package to the House of Representatives on Budget Day, September 15, 2026. This comprehensive tax alert outlines the most significant proposed measures, many of which were previously flagged in the Coalition Agreement and Strategic Agenda, though adjustments are expected as the legislative process unfolds due to the coalition's lack of parliamentary majority.

The European Court of Justice has ruled on whether a foreign tax credit mechanism can neutralise discriminatory withholding tax treatment for US Regulated Investment Companies receiving dividends from Spanish listed companies. The Spanish Supreme Court must now determine if theoretical neutralisation at shareholder level can ever be achieved in practice, given the exceptionally high evidentiary bar set by the CJEU.

El Tribunal Económico Administrativo Central examina si las primas de seguros de vida vinculadas a préstamos hipotecarios que gravan inmuebles arrendados pueden deducirse fiscalmente como gastos de financiación en el IRPF. La resolución analiza la correlación entre estos seguros y la obtención de rendimientos del capital inmobiliario, especialmente cuando su contratación genera bonificaciones en los tipos de interés.

Comprehensive Overview of the Key Economic Trends and Developments Reported Across Cyprus This Week

The Dutch government has released its comprehensive tax plan for 2027, introducing significant changes across corporate income tax, dividend withholding tax, Pillar 2 implementation, employment taxation, and real estate transfer tax. Key measures include modifications to the participation exemption regime for hedging instruments, implementation of the OECD Side-by-Side Safe Harbour package for US-headed multinational groups, and new stock option schemes for startups and scale-ups designed to strengthen the