Turkey enacts law introducing sweeping corporate tax reforms, incentives

Bahrain’s National Bureau for Revenue has issued a new guide explaining the methodology for calculating Domestic Minimum Top-up Tax liabilities, including the treatment of safe harbours, exclusions and special entity categories under the DMTT framework.

HMRC has issued an Advance Tax Certainty Service Manual providing guidance on eligibility, governance, and process for the new service aimed at supporting large-scale UK investment projects and reducing tax uncertainty.

Bolivia's National Tax Service has launched a sweeping tax relief programme under Law No. 1733, offering automatic debt forgiveness for pre-2018 liabilities and a 120-day regularisation window for obligations through 2025, alongside structural reforms to audit timelines, VAT invoicing rules, and the scope of gambling taxes.

Belgium is replacing its paper-based customs exemption system with a digital platform from 1 July 2026, enabling diplomatic missions and international organisations to obtain approval for duty-free goods within 30 minutes through their suppliers.

Sweden’s Ministry of Finance has proposed allowing electronic submission of coupon tax (kupongskatt) data to the Swedish Tax Agency (Skatteverket) and simplifying reporting requirements, alongside new powers for the authority to issue information orders and third-party requests. The changes aim to reduce administrative burdens and improve tax control, with entry into force planned for 1 January 2027.

The US Treasury and IRS have issued Notice 2026-36, signalling their intent to propose regulations on excise tax on excessive executive compensation at tax-exempt organisations under the One, Big, Beautiful Bill, which expands the tax beyond the previous five highest-paid employees to potentially any staff member earning over USD 1 million in a tax year.