European Union: Tax

The Cyprus transfer pricing landscape changed materially with N.244(I)/2025, which amended Article 33 of the Income Tax Law as part of the broader 2026 reform package. From 1 January 2026, the thresholds that determine whether your Cyprus subsidiary must keep a Cyprus Local File have been raised significantly. Many group controllers will read this as good news.

Cyprus has long been an attractive destination for individuals seeking a stable legal system, a favourable tax environment and a high quality of life.

The Italian Tax Authority has issued operational instructions clarifying the application of tax relief measures introduced by the 2026 Budget Law, addressing both salary increases from contract renewals and special work allowances. These guidelines detail which income components qualify for preferential tax treatment and establish specific conditions for employees to benefit from reduced taxation rates on certain employment-related payments.

British expats living in Spain face a critical decision about their UK property: should they keep it as a rental investment or sell and reinvest the proceeds? With the 2025 Renters' Rights Act fundamentally changing landlord rights, new EPC requirements demanding costly upgrades by 2030, and complex dual UK-Spain tax obligations creating hidden costs, the traditional assumption that property is always the best investment no longer holds.

When a person passes away leaving assets in Cyprus, those assets cannot usually be transferred immediately to relatives or beneficiaries.

Explore how global conflicts reshape energy markets and economic alliances, while discovering strategic approaches to UK inheritance tax planning for expatriates and the opportunities within Italy's favorable 7% pensioner tax regime.

Registering a Cyprus company is straightforward, but achieving true tax efficiency, banking relationships, and long-term compliance requires strategic planning that most entrepreneurs overlook until it's too late. This guide reveals the critical steps beyond basic incorporation that determine whether your Cyprus structure delivers genuine 0% tax benefits or becomes a costly compliance burden.

The introduction of Public Country-by-Country Reporting in Malta imposes new obligations on multinational groups, representing a significant shift towards enhanced corporate tax transparency across the European Union. This EU transparency measure requires certain multinational groups to publicly report specified tax and business information for each jurisdiction in which they operate, with the first publication expected in 2026.

Advocate General Kokott has delivered her Opinion in Commission v Luxembourg (Case C-138/24), recommending that the Court of Justice of the European Union (CJEU)...

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...

The EU's FASTER Directive introduces a standardised digital framework to streamline withholding tax relief on cross-border portfolio income, replacing fragmented national procedures with automated processes. While focused on publicly traded shares and bonds, the directive holds particular relevance for European real estate investors who increasingly access property through listed vehicles and REITs. Expected to apply from 2030, FASTER promises faster refunds, reduced administrative friction, and enhanced tr

In the Netherlands, corporate tax and Box 2 dividend tax combine to reduce what you keep from your profit. Here is how 200,000 euros of profit is treated in the Netherlands versus Cyprus.