Slovenia opens Pillar Two top-up tax returns on eDavki portal
FURS has enabled the filing of GloBE-ODPD and GloBE-OPD returns through the eDavki portal, alongside new guidance on top-up tax calculations and error codes under the country’s Pillar Two regime.
Read MoreG7 endorses side-by-side package for global minimum tax implementation
G7 finance leaders have reaffirmed their support for the global minimum tax framework and called for deeper cooperation on digital economy taxation challenges, with the OECD expected to deliver a progress report by year-end.
Read MoreBrazil introduces comprehensive indirect tax reform with new regulations for IBS, CBS
Decree 12,955, Resolution CGIBS No. 6, and Joint Ordinance MF/CGIBS No. 7, all issued in late April 2026, lay the operational groundwork for Brazil's sweeping consumption tax overhaul — replacing five legacy taxes with two streamlined value-added taxes and introducing phased implementation through 2033.
Read MoreTaiwan clarifies CFC document extension rules for corporate tax filings
Taiwan’s Central District National Taxation Bureau has outlined procedures for profit-seeking enterprises seeking extra time to submit Controlled Foreign Corporation (CFC) supporting documents, warning that delayed submissions could affect the treatment of valuation gains and the carryforward of CFC losses.
Read MoreTurkey amends withholding tax rules for nuclear construction projects
Turkey has amended withholding tax rules under Presidential Decision No. 11344, lowering the rate on qualifying nuclear construction progress payments to 1% from 1 June 2026.
Read MoreColombia: Court suspends lower withholding tax thresholds under Decree 572
Colombia Supreme Administrative Court has provisionally suspended key provisions of Decree 572 of 2025, which introduced changes to income tax withholding (retención) and self-withholding (autorretención), including revised rates and lower application thresholds, pending further judicial review.
Read MoreSaudi Arabia: ZATCA urges large establishments to file April VAT returns
ZATCA has called on VAT-registered businesses with annual revenues above SAR 40 million to submit their April tax returns by the end of May, warning of penalties for late filing.
Read MorePoland: Sejm amends mandatory disclosure rules, removes reporting for domestic arrangements
Poland's lower house of parliament has approved tax reforms that will eliminate domestic tax scheme reporting requirements and introduce automated processes for handling overpayments and minor errors, reducing red tape for taxpayers and businesses across the country.
Read MoreHong Kong: Government approves Stamp Duty (Amendment) Bill 2026
New legislation raises the tax rate to 6.5% for luxury homes exceeding HKD 100 million, with retroactive application from 26 February 2026.
Read MoreCzech Republic proposes key VAT amendments for 2027-28
Proposed changes include expanded bad debt relief, lower VAT rates for non-alcoholic beverages, and partial implementation of EU digital VAT directives.
Read MorePillar Two
Corporate Tax
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Turkey amends withholding tax rules for nuclear construction projects
21 May, 2026
Turkey reduced the withholding tax rate on progress payments for nuclear
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Poland: Sejm amends mandatory disclosure rules, removes reporting for domestic arrangements
21 May, 2026
Poland's Sejm (lower house of parliament) approved a government bill on 15
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Taiwan: Tax bureau reminds firms of CFC financial statement filing deadline
21 May, 2026
Taiwan’s Northern Taiwan National Taxation Bureau of the Ministry of
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Jordan: Tax Department extends settlement period for outstanding tax liabilities
21 May, 2026
Jordan’s Income and Sales Tax Department (ISTD) has urged taxpayers with
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US: Treasury designates eight Middle Eastern countries for international boycott reporting
21 May, 2026
The US Treasury has designated eight countries requiring international
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Transfer Pricing
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Kenya refines country-by-country reporting rules in Finance Bill 2026
20 May, 2026
Kenya’s Finance Bill, 2026, introduces significant updates to
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Rwanda establishes formal APA framework under new transfer pricing rules
19 May, 2026
Rwanda has introduced new transfer pricing rules establishing a clearer
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Moldova: STS introduces electronic transfer pricing information form ahead of June deadline
19 May, 2026
Moldova’s State Tax Service (STS) has announced the rollout of an
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Colombia revises tax decree, reinforces transfer pricing compliance rules
19 May, 2026
The Colombian Ministry of Finance and Public Credit published a revised
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Italy: Supreme Court exempts certain gratuitous intragroup guarantees from transfer pricing rules
19 May, 2026
Italy’s Supreme Court has clarified the circumstances in which domestic
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Tax Policy
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South Africa: SARS introduces pre-declaration rule for foreign-registered vehicles
21 May, 2026
The South African Revenue Service (SARS) will, from 1 June 2026, require
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South Africa: SARS introduces pre-declaration rule for foreign-registered vehicles
21 May, 2026
The South African Revenue Service (SARS) will, from 1 June 2026, require
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Ireland: High Court rejects FWHT deduction claim in accenture tax dispute
21 May, 2026
The Irish High Court, in a judgment delivered by Ms Justice Marguerite
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G7 endorses side-by-side package for global minimum tax implementation
21 May, 2026
The G7 finance ministers and central bank governors convened on 18 May
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Brazil introduces comprehensive indirect tax reform with new regulations for IBS, CBS
21 May, 2026
Brazil is implementing a major indirect tax reform, replacing five
Read More
Tax Treaty
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UK: HMRC consults close company participator reporting
The UK’s HM Revenue & Customs (HMRC) has initiated a public consultation on proposed rules for reporting transactions between close companies
Read MoreOECD: Taxing Wages Report 2025 shows post-tax income rise for single workers in most countries
The OECD has published the Taxing Wages 2025 report on 30 April 2025, highlighting that post-tax incomes increased in almost three-quarters of OECD
Read MoreUS: Texas issues new franchise tax rates, threshold caps for 2026–27
The Texas Comptroller of Public Accounts has released the franchise (margin) tax rates, thresholds, and deduction limits for 2026 and 2027. The tax
Read MorePortugal extends 2025 corporate income tax filing deadline
The Portuguese Tax and Customs Authority has extended the deadline for submitting the annual corporate income tax return (Modelo 22) and the
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