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  • Mexico publishes the 2026 economic package decrees

    On November 7, 2025, the decrees enacting the Federal Revenue Law for the 2026 fiscal year were published in the Official Gazette of the Federation, whereby various amendments, revisions and repeals to the Federal Tax Code and the Law on the Special Tax on Production and Services were enacted.

  • Teleworking and permanent establishment? The new keys to the OECD convention

    The OECD insists on the concepts of availability of housing by the company and habituality in the exercise of the activity from that domicile; and underlines the importance of there being a commercial reason for the provision of services under a teleworking regime.

  • Portugal Indirect Taxes Newsletter – N.º 4

    This edition highlights the measures included in the Draft State Budget Law for 2026, the introduction of VAT groups in Portugal, the first binding information addressing the concept of permanent establishment for VAT purposes, as well as the most recent case-law of the Court of Justice of the European Union (CJEU) regarding the VAT regime for adjustments applied in the context of transfer pricing for intra-group services.

  • The European Union simplifies the carbon border adjustment mechanism for small importers of goods

    The new ‘de minimis’ exemption substantially reduces administrative burdens for the vast majority of importers, while maintaining environmental and climate objectives.

  • Portugal: Update of the monetary devaluation coefficients for 2025

    The monetary devaluation coefficients applicable to assets and rights disposed of in 2025 have been published for the calculation of corresponding capital gains.

  • Tax Newsletter - October 2025

  • Portugal: CIT rate is progressively reduced until 2028 to 17%

    The general Corporate Income Tax (CIT) rate will be progressively reduced from 20% to 17% between 2026 and 2028, while the special rate will decrease from 16% to 15% already in 2026.

  • The purchase of real estate property for hotel use is subject to VAT

    The High Court of Justice of the Balearic Islands confirms the doctrine of the DGT and the TEAC, according to which, when the transfer concerns only the property itself, without including the organizational structure required to operate the business, the transaction is subject to VAT and not to Property Transfer Tax. 

  • Mexico approves historical amendment to the Amparo Law: new limitations, requirements and digital justice system

    On October 16, 2025, a comprehensive amendment to the Amparo Law, the Federal Fiscal Code, and the Organic Law of the Federal Court of Administrative Justice was published on the Mexican Federal Official Gazette (DOF). The reform redefines legitimate interest, tightens the requirements for granting the suspension of the challenged act, limits the admissibility of amparo proceedings in tax matters, and consolidates the digital trial system.

  • The spanish Supreme Court outlaws the tax authorities’ “third shot”

    According to the court, where an assessment is set aside the tax authorities only have a second chance to issue a new administrative measure, regardless of the reasons for ordering it to be set aside.