Luxembourg implements Pillar One ‘Amount B’ simplified transfer pricing rules

22 April, 2026

Luxembourg has issued Circular L.I.R. n° 56/2 – 56bis/2 to implement the OECD’s “Amount B” approach for baseline marketing and distribution activities, setting out conditions, scope and methodology to simplify...

Read More

Kuwait implements CRS MCAA

22 April, 2026

Kuwait has issued Decree-Law No. 57 of 2026, formally completing domestic implementation of the OECD Common Reporting Standard (CRS) and the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA), paving the way for automatic financial data exchange from 2027.

Read More

Brazil: RFB consults substance-based tax incentive safe harbour rules

22 April, 2026

Brazil's tax authority seeks public input on amendments to its minimum top-up tax regulations, introducing new safe harbour provisions for substance-based incentives in line with OECD Pillar Two guidance. The consultation closes on 3 May 2026. 

Read More

Taiwan announces income tax filing period for 2025 returns

22 April, 2026

Taiwan’s Ministry of Finance has announced that income tax returns for the 2025 tax year can be filed from 1 May 2026, with e-filing remaining available despite the public holiday closure of tax offices on the opening day.

Read More

Dominican Republic: DGII issues inflation multiplier, exchange rates and capital asset adjustment tables for FY 2026

22 April, 2026

The Dominican Republic’s DGII has issued Resolution No. DDG-AR1-2026-00003 establishing an inflation adjustment multiplier of 1.0463, exchange rates of DOP 60.2552 per USD and DOP 69.2814 per EUR, and updated capital asset multipliers under Article 327, Article 293 and Article 289 of the Tax Code and Regulation No. 139-98 on Income Tax.

Read More

Saudi Arabia: ZATCA urges VAT-registered businesses to file March, Q1 2026 tax returns by deadline

22 April, 2026

SF: Saudi Zakat, Tax and Customs Authority (ZATCA) has called on VAT-registered businesses to submit March 2026 or Q1 2026 returns, depending on turnover, by 30 April 2026, warning of penalties for late filing and offering multiple support channels for compliance assistance.

Read More

Australia: ATO revises tax filing rules, deadlines, and deferral guidance

22 April, 2026

The Australian Taxation Office has updated its lodgment practice statement to formally recognise domestic violence, financial coercion, and serious mental health challenges as grounds for filing deferrals — a significant shift that acknowledges vulnerability as a legitimate barrier to tax compliance. 

Read More

Italy streamlines tax rules under new PNRR law 

22 April, 2026

Italy's new tax legislation removes the 10-year obligation to store POS receipts and streamlines VAT invoicing for business consortiums, while introducing transitional measures for start-up investment incentives and regional tax enforcement funding.

Read More

Belgium enacts law for capital gains tax on financial assets, crypto

22 April, 2026

Belgium's new capital gains tax law introduces progressive rates from 1.25% to 10% on investment profits, effective 1 January 2026. While the first €1 million in controlled company shares and EUR 4,855 in general financial assets remain exempt, the legislation marks a historic shift in Belgian wealth taxation, targeting high-net-worth investors while protecting smaller portfolios through generous thresholds.

Read More

Romania unveils major tax reforms and investment incentives to boost economic growth

22 April, 2026

Romania has introduced comprehensive tax reforms and investment incentives through Government Emergency Ordinance No. 8/2026, featuring a 10% R&D tax credit, 65% first-year depreciation for new equipment, and state aid schemes for strategic projects exceeding RON 1 billion, with most measures taking effect from 1 March 2026.

Read More

Corporate Tax

Transfer Pricing

Tax Policy

Most Read