European Union: Sales Taxes: VAT, GST

European financial sector tax reform is imminent, with the European Parliament and Commission acknowledging that current VAT exemption rules from the 1970s no longer reflect modern fintech business models. Leaders of digital banks, payment companies, and financial platforms face a critical window to influence policy outcomes that will fundamentally reshape their tax obligations and competitive positioning.

A Cyprus tax review is a risk-based assessment of your direct and indirect tax, compliance and resilience by the Cyprus Tax Department.

The Strategic Plan for 2023-2025 That that we launched in April 2023 laid out on the way in which we deliver transformation. The objectives were very clear but at that time, the work needed seemed insurmountable.

Recent developments in EU tax law include Advocate General opinions on the Parent-Subsidiary Directive's anti-abuse provisions and Italian group taxation rules, alongside institutional progress...

Austria has introduced new VAT rules for luxury residential properties exceeding EUR 2 million in total costs, fundamentally changing the tax treatment that has long distinguished the country's approach from standard EU frameworks. Starting January 2026, these high-value properties will face mandatory VAT exemption, eliminating the input VAT deduction rights that previously provided significant liquidity advantages to developers and landlords. The threshold calculation encompasses acquisition, construction,

On 24 April 2026, Cyprus extended the transitional regime that lets some buyers claim the 5% VAT rate on a primary residence under the more generous pre-2023 rules. Here is what changed and which deadlines apply.

Following the enactment of Legal Notice 86 of 2026, the Malta Tax and Customs Administration (MTCA) has issued new guidelines on the applicability of the VAT exemption to gambling and betting.

Ο Τροποποιητικός Νόμος περί Φ.Π.Α. (Ν.42(Ι)/2023), ο οποίος τέθηκε σε ισχύ στις 16 Ιουνίου 2023, επέφερε σημαντικές αλλαγές στην εφαρμογή του μειωμένου συντελεστή Φ.Π.Α. για την αγορά ή ανέγερση κατοικίας που προορίζετα

Revenue confirmed on 10 February 2026 that companies who deal with Revenue’s Large Cases Division and have an establishment in Ireland will be considered within scope for Phase One of Ireland’s VAT Modernisation programme. Therefore they will be subject to the first phase of implementation for mandatory eInvoicing and real-time reporting for domestic transactions from 1 November 2028.