Belgium: SPF publishes Pillar Two QDMTT draft returns, schema ahead of 2026 filing

Russia will introduce VAT on foreign goods sold via online marketplaces from 2027, gradually increasing rates to align trading conditions for Russian and foreign sellers. The current duty-free threshold will be phased out.

The regulation, which took effect on 18 March 2026, implements EU tax transparency rules and allows authorities to withdraw registration numbers from non-compliant operators until they provide financial security in the form of cash, bank guarantees, or Treasury bonds.

Switzerland’s National Council has approved the OECD’s GloBE information exchange agreement, enabling the country to share and receive 2024 global minimum tax returns.

The US Internal Revenue Service and Treasury Department have issued Notice 2026-23, inviting taxpayers and practitioners to submit recommendations for the 2026–2027 Priority Guidance Plan. Submissions will help shape guidance on tax regulations, rulings, and procedures for the year starting 1 July 2026.

Yaroslav Nilov, Russian Chairman of the State Duma Committee on Labor, Social Policy, and Veterans' Affairs proposed a bill to raise the Individual Investment Account (IIA) tax deduction limit from RUB 400,000 to RUB 1 million, potentially boosting long-term investment in the country’s stock market from 1 January 2027.

The rules set out detailed procedures for international taxation, perquisites, TDS/TCS, virtual digital assets, non-profit organisations, special business deductions, dispute resolution, and administrative compliance, including reporting, audits, recovery of arrears, and information sharing.