Financial Services Tax Newsletter August 2026

Welcome to the latest edition of the BDO Financial Services Tax Newsletter, where we bring you key updates and insights on tax developments within the FS industry

In June, the European Commission adopted a tax simplification package, including proposed changes to the EU Directives governing withholding taxes on interest, royalties and dividends. In this edition we explore how these changes could significantly reduce the compliance burden for taxpayers reclaiming withholding tax on intra-EU cross-border payments.

We provide an overview of the proposed amendments to the current system for tax appeals in Ireland which have been widely and heavily criticised and examine the potential impact of the proposed amendments and how they could impact on transparency and public trust in our tax system. 

The world of customs and international trade is never static and in this edition of the newsletter you will find a number of articles on recent changes in tariffs and customs duties. Carol Lynch shares her thoughts on what shifting global trade means for Irish businesses in the context of Ireland’s EU presidency. 

We continue to share international updates through BDO’s global tax publications, including the latest insights across Transfer Pricing and Global Employer Services.

We hope you find this edition useful and practical. As always, our specialists are available should you wish to discuss any of these topics further.



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