COGNICURRENT

Lithuanian authorities conducted searches at Varlė and Topo Group as part of a probe into suspected VAT embezzlement schemes.

Eesti Energia plans to commission a brand study valued at 300,000 euros plus VAT.

Latvia's Economy Minister Viktor Valainis announced plans to expand the low-price food product basket with an additional agreement to be signed in early October.

Poland expresses skepticism regarding the European Commission's proposals to lower electricity costs through tax reductions and budget adjustments.

Companies in France have until September 1, 2026, to prepare for receiving electronic invoices as part of a significant reform aimed at increasing VAT collections.

The Internal Revenue Service (SRI) of Ecuador has issued a clarification regarding the VAT refund for senior citizens in response to a letter published earlier.

The Supreme Court of India ruled that Rooh Afza, a popular drink by Hamdard, will be categorized as a fruit drink, reducing its VAT from 12.5% to 4%.

LO and NHO demand that the Norwegian government reinstates a full VAT exemption for all news media in order to support independent journalism, which they believe is crucial for national security.

LO and NHO propose VAT exemption for all news media, arguing that a free press is essential for societal preparedness.

The Ecuadorian government appears to have neglected the VAT refunds for elderly citizens, failing to credit amounts for multiple months in 2025.

Businesses in Greece face hefty fines of up to €2,500 for failing to comply with mandatory electronic invoicing, which will be enforced by March 2026.

This article discusses the positions of the Ministry of Finance and experts regarding VAT deductions from invoices issued outside the KSeF system.

The article discusses the implementation of the SAFE financing instrument in Poland and the challenges posed by legislative amendments and VAT regulations.

An organized group of nine individuals has been charged with significant tax evasion totaling over €255,000 by falsely claiming non-existent VAT transactions.

An organized group was involved in fictitious VAT transactions that resulted in significant financial losses for the Latvian government.

Greece's Independent Authority for Public Revenue is implementing a new detection algorithm to combat tax fraud involving companies that frequently change responsible parties and VAT numbers.

Spanish artists and gallery owners staged a sit-in at various museums to demand a reduction in cultural VAT after perceived governmental inaction on the issue.

Nearly half of the foods purchased by low-income families in South Africa are still subject to VAT, impacting household budgets significantly.

A recent ruling by the Supreme Administrative Court (NSA) in Poland addresses the VAT taxation of an interest-free loan provided by a business owner to a friend.

On Thursday, the price of exchange electricity is expected to rise to nearly 60 cents per kilowatt-hour including VAT.

Lidl Greece has announced a significant initiative to fully absorb the VAT on selected frozen vegetables and rice during the Lent period to support Greek consumers.

A Polish municipality seeks clarification on whether charging for parking spaces qualifies as VAT-taxable services.

The Polish tax authority has reversed its stance on allowing sellers to issue receipts instead of invoices for VAT-exempt transactions, attributing this change to the implementation of KSeF.

Marcel Fratzscher, the President of the German Institute for Economic Research, expects the German government to raise the VAT to 21 percent to fill budget gaps.

A report highlights the increase in cucumber prices in Russia and the implications of VAT hikes on food costs.

Slovakia's tax revenues are projected to be 600 million euros lower than budgeted, largely due to weaker economic growth and declining wage increases.

The article discusses the challenges and uncertainties regarding the registration process for active VAT taxpayers in Poland.

Forest owners in Latvia face bureaucratic hurdles when conducting transactions exceeding 50,000 euros, as they may be compelled to register for VAT under unclear legal conditions.

This article discusses various features and challenges associated with the KSeF system in the mObywatel app, particularly focusing on VAT deductions and invoice errors.

The article discusses the complexities and misconceptions surrounding duty-free shopping at airports, particularly the necessity for boarding passes to access certain discounts.

A new development allows for a faster VAT deduction process in Poland.

Ecuador's President Daniel Noboa has announced a temporary reduction of the Value Added Tax (VAT) from 15% to 8% for tourism services during the upcoming Carnival holiday period.

V. Korkidis believes that the recently approved 3 euro customs duty will not effectively restrict small parcels entering the EU.

The article discusses concerns over proposed reduced VAT rates on beverages in Poland and whether such measures constitute prohibited state aid favoring specific businesses.

Greece's new Digital Customer Registry expands into the events sector to enhance tax oversight and combat tax evasion.

The EU Court has criticized VAT regulations that negatively impact the financial liquidity of businesses.

The Lithuanian Seimas Committee has unanimously supported a proposal to reduce VAT on fruits, vegetables, and organic products to promote healthier diets and support local farmers.

A member of the Independence Party in Iceland proposes removing VAT on children's products to alleviate the financial burden on families with children.

A consumer has disputed their fixed-rate electricity bill from Alexela, alleging that the final price cannot change due to an increase in VAT, while the supplier claims all charges comply with the law.

Brazil's tax reform aims to simplify the tax system but presents challenges during its transition period between 2026 and 2033.

Lithuanian authorities have uncovered a fraud scheme involving VAT evasion worth 30 million euros, implicating citizens from Latvia, Lithuania, and the Netherlands.

With the recent VAT reduction for restaurants in Germany, some owners are still keeping their prices unchanged while others pass on savings to customers.

The article discusses the challenges faced by local governments in Poland in implementing the new National e-Invoicing System (KSeF).

The article discusses the implications of issuing an invoice outside the KSeF system and its impact on VAT deduction rights.

A recent resolution by the SRI in Ecuador has limited the VAT refund for the elderly, sparking criticism due to its unrealistic implementation.

The Financial Crime Investigation Service (FNTT) has filed suspicions against citizens from Lithuania, Latvia, and the Netherlands in a case involving the illegal evasion of over €30 million in value-added tax (VAT) through car trading from the USA.

Postimees investigates why electricity bills surged in January, largely due to increased usage among larger consumers and higher network fees, taxes, and VAT, despite smaller consumers experiencing similar issues without increased consumption.

The Spanish Treasury has revised its fuel distribution regulations shortly after implementing the new law, indicating potential legal challenges ahead for energy companies forced to pay advance VAT.

Despite a significant VAT reduction in the restaurant sector, data indicates that the industry is not sharing the increased profit margin with customers.

Experts criticize Nigel Farage's proposed £3 billion support package for pubs, claiming it would lead to significant losses in VAT receipts and questioning its funding basis.