Bulgaria enacts State Budget Act 2026 introducing gambling affiliate tax, expanded child tax relief

Germany's Tax Amendment Act 2025 will permanently reduce VAT on restaurant and catering food to 7% from 1 January 2026, while the standard 19% VAT rate will continue to apply to most beverages.

France has opened a public consultation on revised administrative guidance governing the VAT treatment of books, audiobooks and composite product bundles after the Council of State ruled that dedicated audiobook devices designed solely to play pre-loaded stories should be taxed at the reduced 5.5% VAT rate instead of the standard 20% rate.

Individual taxpayers and Hindu Undivided Family taxpayers filing income tax returns between 1 July and 30 September can claim a rebate of up to BDT 25,000 under the Income Tax Act, 2023, while later filings will attract additional tax.

Taxpayers with eligible tax debts incurred on or before 31 December 2025 have until 31 December 2026 to benefit from Kenya's 2026 Tax Amnesty Programme, which offers a 100% waiver of penalties and interest for qualifying liabilities under the Finance Act, 2026.

Malaysia has extended the income tax exemption for qualifying foreign-sourced capital gains received in Malaysia by four years, with the relief now remaining available until 31 December 2030 under the  Income Tax (Exemption) (No. 3) Order 2024 (Amendment) Order 2026. 

The Cyprus Tax Department has granted additional time for businesses to file VAT Returns and pay VAT due for the tax period ended 30 June 2026, as well as submit Recapitulative Statements (VIES) for the July 2026 reporting period, citing the summer holiday period.