Germany: Federal Cabinet approves draft Annual Tax Act 2026, incorporates OECD Side-by-Side Package

Taiwan’s tax authority has reminded businesses and individuals purchasing electronic services from overseas e-commerce platforms of their business tax obligations, including declaration and payment requirements and applicable exemptions. 

Tunisia’s DGI has launched DEXEL, a 24/7 online platform enabling individuals and professionals to submit declaration of existence requests, track applications, and obtain tax identification numbers remotely. 

The State Tax Inspectorate's update sets out how Lithuanian companies must include foreign subsidiaries' income in their tax base—automatically for entities in blacklisted territories, and via a two-part passive-income and low-tax test elsewhere—while confirming an economic substance exemption for genuine business operations abroad.

The Chilean Internal Revenue Service is demanding repayment of delinquent pandemic relief loan instalments from 1,073,590 taxpayers who failed to file income tax returns between 2022 and 2026, with a combined debt exceeding CLP 553 billion and an end-of-August filing deadline to avoid further penalties under Laws No. 21,242, No. 21,252 (2020) and No. 21,323 (2021).

The UAE Federal Tax Authority has clarified in Corporate Tax Public Clarification CTP012 that banks cannot deduct payments made on Additional Tier 1 instruments unless those payments are included in Accounting Income as prepared under IFRS. 

The US has imposed tariffs of up to 100% on imported drones and components, targeting larger and security-sensitive systems while applying lower rates to imports from key trading partners. The measures could further reshape global drone supply chains and deepen US-China trade tensions.