Ireland: Revenue updates guidance on Pillar Two effective tax rate

The ATO has updated guidance following the permanent extension of the AUD 20,000 instant asset write-off for eligible small businesses, alongside changes to simplified depreciation rules and deductions for depreciating assets and capital expenses.

Brazil's tax authority tightened its Sintonia compliance program with amendments that accelerate how taxpayer rankings reflect real-time behaviour. The 21 August 2026 update makes classifications more responsive and transparent, directly rewarding consistent filers and pushing the tax system closer to international standards built on trust rather than punishment.

DBD has ordered stricter documentary checks on new and amended partnerships and limited companies involving foreign investors or signatories, effective 1 August 2026, as part of a wider crackdown on nominee arrangements.

Draft legislation would exempt counselling, training and validation support from income tax from 1 January 2027, while cash-based study assistance remains taxable.

Medical institutions in Taiwan that provide non-medical services or sell beauty products must complete tax registration and report and pay business tax, the Northern Area National Taxation Bureau, Ministry of Finance, has said, as it urged clinics to review their operations and correct any omissions voluntarily. 

Singapore's IRAS has ruled that gains from the sale of long-term investment properties held for at least 15 years are capital in nature and not taxable income under Section 10(1) of the Income Tax Act 1947.