Hungary revises Pillar 2 GloBE notification form

27 February, 2026

Changes to the GLOBE reporting form introduce new mandatory fields, declarations, and status markers for entities reporting global minimum tax.

Hungary revises Pillar 2 GloBE notification form

CJEU rules Belgium non-compliant for excluding foreign tax credits under ADAT CFC framework

27 February, 2026

The Court of Justice of the European Union has ruled that Belgium unlawfully failed to transpose a key provision of the Anti-Tax Avoidance Directive, finding that Member States are unconditionally required to allow taxpayers to deduct taxes paid by a CFC from their domestic tax liability.

Romania mandates GloBE information return, notification requirements

27 February, 2026

Romania's tax authority has introduced standardised forms and filing procedures for multinational and large domestic corporate groups to comply with the country's new global minimum tax regime, requiring detailed reporting on corporate structures, tax calculations, and jurisdictional compliance within strict deadlines.

South Africa: 2026 Budget proposes tax relief for small businesses

26 February, 2026

South Africa’s 2026 Budget, delivered by Finance Minister Enoch Godongwana, focuses on stabilising debt, supporting inclusive growth, funding key social services, and easing pressure on small businesses, while raising sin taxes on tobacco, alcohol, and fuel from April 2026.

Belgium: MoF introduces 5% capital gains tax for shareholding investment firms

27 February, 2026

Belgium’s Ministry of Finance has issued Circular 2026/C/33, introducing a 5% separate capital gains tax on shares in investment and real estate companies, effective for the 2026 assessment year.

Chile: SII waives VAT penalties, interest following technical disruptions

27 February, 2026

Chile's tax authority, the SII, has granted automatic relief from interest charges and penalties for monthly VAT returns after technical disruptions to its digital platform prevented taxpayers from meeting the 20 February 2026 deadline for Form 29 submissions. Taxpayers who file online by 23 February 2026 will benefit from the waiver without needing to submit a formal application.

Nigeria: NRS expands mandatory e-invoicing rollout to medium and emerging taxpayers

27 February, 2026

Phased implementation of the Electronic Fiscal System follows the successful onboarding of Large Taxpayers, with structured timelines and compliance enforcement planned under statutory powers.

Taiwan extends mobile payment tax incentives for assessed businesses through 2028

27 February, 2026

The Ministry of Finance has amended its operational guidelines to expand tax incentives for small, assessed businesses adopting mobile payments and KIOSKs, offering a reduced 1% business tax rate and invoice exemptions to support digital transformation and cashless policies.

Honduras launches tax amnesty programme to clear outstanding fiscal debts

27 February, 2026

The government of Honduras has opened a four-month tax amnesty window, running from 13 February to 15 June 2026, allowing individuals and businesses to regularise outstanding liabilities from before January 2026 without incurring penalties, surcharges or interest.

Colombia imposes temporary corporate wealth tax for disaster relief

27 February, 2026

Colombia has introduced a temporary wealth tax, applicable from 1 March to 31 December 2026, targeting corporations above a certain tax net equity threshold to fund climate emergency response measures.