US, Mexico to convene for third round of USMCA negotiations tomorrow
The US and Mexico open a third round of USMCA joint review talks in Mexico City on 21 July 2026, with automotive rules of origin and steel and aluminium tariffs...
Read MoreAustralia: ATO holds fourth Pillar Two pre-lodgment information session
The Australian Taxation Office published a recap of its June Pillar Two information session detailing lodgment requirements for the combined global and domestic minimum tax return as first December 2024 balancer filings became due on 30 June with an automatic 30-day domestic lodgment extension.
Read MoreBelgium clarifies origin proof requirements for US imports under Turnberry Agreement
Belgium’s 1 July 2026 guidance on Regulation (EU) No 2026/1455 strips away certificates of origin and EUR.1 documents as valid proof, leaving importers to assemble bills of materials, production records, and transport evidence on their own to claim the Turnberry Agreement's reduced duties.
Read MoreAustria: Bundesrat approves 2027–2028 budget
Austria's Federal Council has approved the Budget for 2027 and 2028, introducing a new parcel tax, a higher corporate tax rate for income exceeding EUR 1 million, and an increase in the alcohol tax, alongside pension, social security, environmental and infrastructure measures.
Read MoreChina rolls out digital invoice implementation with regional phase-outs of paper invoices
Zhejiang will stop approving paper invoice applications from 30 April 2026 and prohibit their issuance entirely by 30 June 2026, while Dalian suspends most paper invoices from 1 July 2026, accelerating the nationwide shift to digital invoicing that began 1 December 2024.Â
Read MoreChile: SII grants tax amnesty to storm-affected regions through October 2026
Chile grants automatic deferral of monthly VAT and tax filings through 30 October 2026 for taxpayers in 28 storm-hit municipalities, waiving fines and interest.
Read MoreUK: HMRC initiates tax consultations on NICs, brownfield relief, development costs
The consultations, published on 13 July 2026 as part of the Finance Bill 2026 programme, seek stakeholder feedback on measures intended to simplify tax administration, refine existing tax reliefs and provide greater certainty for business investment.Â
Read MoreDominican Republic consults temporary tax amnesty rules
The Dominican Republic's General Directorate of Internal Taxes (DGII) has opened a public consultation on draft rules setting out the procedures, requirements and conditions for the temporary tax amnesty introduced under Article 8 of Law No. 30-26 on Tax Reform.
Read MoreItaly clarifies no gift or inheritance tax on trust dissolution without beneficiary transfer
The Italian Revenue Agency ruled on 16 July 2026 that early trust dissolution resulting in reconveyance of assets to the settlor triggers no gift or inheritance tax, provided beneficiaries receive nothing.
Read MoreTaiwan clarifies foreign taxpayers of house, land transaction income tax filing rules
Taiwan's National Taxation Bureau has reiterated the filing requirements, tax rates and penalties applicable to foreign taxpayers with taxable income from certain house and land transactions under the Income Tax Act.
Read MorePillar Two
Corporate Tax
-
Chile: SII grants tax amnesty to storm-affected regions through October 2026
20 July, 2026
Chile's Ministry of Finance, the tax authority (SII), and the General
Read More -
Australia: ATO holds fourth Pillar Two pre-lodgment information session
20 July, 2026
The Australian Taxation Office (ATO) has published a recap of its June
Read More -
Austria: Bundesrat approves 2027–2028 budget
20 July, 2026
Austria’s Federal Council (Bundesrat) approved the Budget for 2027 and
Read More -
UK: HMRC publishes Oil and Gas Revenue Levy, foreign PE reforms for Finance Bill 2026-27
17 July, 2026
The UK HMRC has published policy papers, draft legislation, and
Read More -
US: California tax credit cap threatens to reverse film industry job gains
17 July, 2026
California introduced a cap on film and television tax credits that
Read More
Transfer Pricing
-
Argentina: ARCA simplifies goods export registration for transfer pricing
17 July, 2026
Argentina’s tax authority (ARCA) has published General Resolution
Read More -
Lithuania consults transfer pricing documentation, arm’s length range draft guides
14 July, 2026
The Lithuanian State Tax Inspectorate (STI) has opened a public
Read More -
France issues rules for preparing, filing CbC reporting
13 July, 2026
France has published the Order of 3 July 2026 in the Official Gazette on 9
Read More -
Vietnam gazettes decree updating transfer pricing rules
09 July, 2026
Vietnam has published Decree No. 255/2026/ND-CP, issued on 30 June 2026,
Read More -
Romania gazettes modernised advance pricing agreement, transfer pricing documentation rules
08 July, 2026
Romania has published Order No. 827/2026 and Order No. 828/2026 in the
Read More
Tax Policy
-
China rolls out digital invoice implementation with regional phase-outs of paper invoices
20 July, 2026
China is advancing invoice digitalisation by phasing out paper invoices
Read More -
Dominican Republic revises corporate environmental contributions for waste management rules
20 July, 2026
The Dominican Republic has enacted Law No. 36-26, amending the General Law
Read More -
UK: HMRC initiates tax consultations on NICs, brownfield relief, development costs
20 July, 2026
The UK’s His Majesty's Revenue and Customs (HMRC) has launched three tax
Read More -
Dominican Republic consults temporary tax amnesty rules
20 July, 2026
The Dominican Republic's General Directorate of Internal Taxes (DGII)
Read More -
Taiwan clarifies foreign taxpayers of house, land transaction income tax filing rules
20 July, 2026
Taiwan's National Taxation Bureau has clarified, on 20 July 2026, that
Read More
Tax Treaty
Most Read
Australia updates guidance on R&D tax incentive eligibility for associated foreign corporations
The Australian Taxation Office (ATO) updated its guidance on 13 July 2026 regarding the eligibility requirements for research and development
Read MoreUS: HTS revision focuses on statistical reclassifications, Section 301 scopeÂ
The US International Trade Commission’s latest update to the Harmonized Tariff Schedule is primarily a housekeeping and scope-adjustment revision.
Read MoreSri Lanka: IRD issues guidance on withholding tax deductionÂ
The Sri Lanka Inland Revenue Department issued Circular No. SEC/2026/E/04 on 8 June 2026, providing withholding agents with guidelines and
Read MoreUS: IRS reviews CbC report exchange status, makes no changesÂ
The US Internal Revenue Service (IRS) published a reviewed version of its Country-by-Country (CbC) Reporting Jurisdiction Status Table on 1 July
Read More