EU Commission publishes guidance on the Packaging and Packaging Waste Regulation (PPWR)
On 30 March 2026, the European Commission published a guidance document and an accompanying set of Frequently Asked Questions (FAQs) on the implementation of the Packaging and Packaging Waste Regulation (PPWR) (Regulation (EU) 2025/40). These documents aim to facilitate the uniform application of the new packaging rules across the EU and to simplify compliance for economic operators and Member States. Background The
Introducing Our New Monthly Trade and Customs Insights Series
Your window into trade and customs trends Navigating the fast-moving world of global trade, customs, and regulatory change can be complex. Our mission is to make it simpler for your business. That’s why we’re launching a new monthly Trade & Customs Insights report, now available on our PwC Website. Each edition provides a clear, curated overview of the latest developments in
Update on the modernisation of the VAT chain
As of 1 May 2026, the next phase of the Belgian modernisation of the VAT chain will take effect. The most significant change is that the current VAT account will be replaced by a new VAT provision account. The VAT returns for April 2026 and the second quarter of 2026 will be the first periodic returns to be recorded in
Tax bites podcast – Trade and tariffs update – US IEEPA Tariffs Overturned and the EU–India Trade Deal Podcast
This episode covers the US Supreme Court’s ruling on IEEPA tariffs and the latest developments in the EU’s trade agenda, including the newly agreed EU–India trade agreement, and what it could mean for your businesses. Listen here: https://www.pwc.be/en/services/tax-and-legal/tax-bites-podcast-series/episode-63-ieepa-tariffs-refunding.html About the speakers Pieter Deré (Host) Giovanni Gijsels Missed the previous episode(s)?: You can listen
U.S. Supreme Court Strikes Down IEEPA-Based Tariffs: Constitutional Limits, Political Reaction, and What Comes Next for EU–US Trade
The U.S. Supreme Court has ruled that the administration exceeded its authority under the International Emergency Economic Powers Act (IEEPA) when imposing broad-based tariffs, including so-called “reciprocal” duties affecting the European Union and numerous other trading partners. The judgment is more than a technical trade decision. It is a constitutional clarification of the limits of
Tax bites podcast – International Tax Strategy for 2026: Aligning global tax policy changes with business operations
This podcast covers key points from our 6 February 2026 international tax webinar, including the Side‑by‑Side Package, updates on trade and tariffs, work mobility, and changes to the OECD Commentary. We also discuss expectations for 2026. If you’re interested in learning more or accessing the full webinar recording, please contact one of the presenters. Listen here: https://www.pwc.be/en/services/tax-and-legal/tax-bites-podcast-series/episode-62-international-tax-strategy-for-2026-aligning-global-tax-policy-changes-with-business-operations.html About the speakers
VAT exemption for financial intermediation: broader than you think
Versãofast (GC, 26 Nov 2025, T-657/24): a functional test. The recent Versãofast judgment (26 November 2025, General Court) clarifies the scope of the VAT exemption for credit intermediation. While the Court recalls that VAT exemptions must be interpreted strictly, it adopts a functional approach to “intermediation”, focusing on what the service enables rather than on
EUDR Newsflash: Compliance will be won or lost at the border
The recent EU vote, held just before the winter holidays and only days before the original go-live date, has resulted in a further 12-month deferral and a significant refocus for EUDR compliance. The border is now the central control point, placing importers firmly in the spotlight. The core objective of the law has not changed
