Slovak Republic: MoF consults OECD side-by-side package implementation draft

New York has announced penalty and interest relief for taxpayers' amended returns reflecting retroactive federal decoupling adjustments for tax years beginning 1 January 2025 or later, through the 2026–2027 budget bill (S.9009-C) and Department of Taxation and Finance Notice N-26-1 issued 16 June 2026, though relief only extends to filings that exclusively report the required modifications.

The Philippines Bureau of Internal Revenue opened a one-time tax abatement program for micro taxpayers on 26 June 2026 under Revenue Regulations No. 4-2026, issued on 22 June 2026, allowing qualified applicants to resolve delinquent accounts, assessments, and stop-filer cases until 31 December 2026.

Taxpayers claiming deferral extensions must submit returns and settle payments by 30 June 2026, with only foreign-income earners receiving an extended deadline to 30 September 2026.

Kuwait has signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA), becoming the 76th jurisdiction to join the updated framework incorporating the 2023 amendments to the Common Reporting Standard (CRS).

South Africa's Constitutional Court has upheld SARS' interpretation of the VAT Act, confirming that the zero-rating under section 11(1)(f) applies only to qualifying gold and excludes second-hand or recycled gold that has previously undergone manufacturing.

ACD has highlighted European Commission guidance confirming that all EU Member States must treat Cyprus as having a qualified Income Inclusion Rule (IIR) under the EU Pillar Two Directive, despite its absence from the OECD Central Record.