Australia: ATO revises transfer pricing compliance for inbound distribution arrangements

South African President signed Taxation Laws Amendment Act 5 of 2026, introducing wide-ranging reforms across income tax, VAT, carbon tax and corporate rules, including retirement “Two-Pot System” clarifications, extended tax incentives, revised VAT exemptions, updated carbon tax rates and enhanced compliance and OECD-aligned provisions.

Belgian lawmakers have introduced legislation proposing a 3% digital services tax on major tech companies starting 1 January 2027, targeting firms with global revenues exceeding EUR 750 million and Belgian taxable income above EUR 3 million. 

The Austrian Federal Ministry of Finance has updated its list of jurisdictions for automatic exchange of Country-by-Country (CbC) reports, effective 31 March 2026, under DAC4 and OECD CbC-MCAA arrangements, specifying reciprocal and non-reciprocal exchange relationships.

The Dutch Tax Authority has released its official 2025 list of nations classified as developing countries under tax treaty regulations, maintaining alignment with international development assistance criteria while applying stricter conditions for upper-middle-income economies.

South Africa’s National Treasury has released draft Capital Flow Management Regulations 2026, integrating crypto assets into the exchange control system alongside currency, gold and securities, and introducing new licensing, reporting and enforcement requirements.

The Brazilian tax authority has published an expanded guide featuring 745 questions and answers to help individuals and accounting professionals navigate the 2026 income tax filing season for calendar year 2025.