PER-10/PJ/2025 establishes a single legal instrument for all types of tax information exchange and related administrative cooperation instruments.

Senator Crapo released the much-anticipated initial draft legislation of the One Big Beautiful Act reconciliation bill which marks a pivotal step in the ongoing legislative process as it adopts many of the tax priorities from the House-passed version.

With summer holiday season just around the corner, the European Court of Justice (ECJ) has delivered a traveller-friendly ruling. In its judgment of June 12, 2025 (C125/24 – -Palmstråle), the ECJ clarified that individuals returning to the EU from non-EU countries – such as Norway – are not automatically liable for import VAT if they fail to complete certain customs formalities, provided they acted in good faith and the goods were originally exported from the EU and thus fulfilling all prerequisites for a duty free import as “returned goods”.

The German Ministry of Finance (BMF) has issued updated guidance on the VAT treatment of self-consumption, subsidies, and input tax deduction. Operators of energy generation plants will now face new clarifications—and specific action points.