Turkey issues draft forms, guidance for Pillar Two global minimum tax

The Government of Liberia will implement wide-ranging tax reforms from 1 May 2026, including a higher 13% GST on services, tighter compliance rules, stronger penalties for evasion, and updated permanent establishment and excise tax provisions aimed at boosting domestic revenue.

NamRA has postponed the compliance deadline as system upgrades continue.

The Dutch Tax Authority has issued new guidance clarifying when entities qualify as joint ventures under the Minimum Tax Act 2024, including surprising rules on 100% ownership and fair value accounting exclusions.

Turkey’s Revenue Administration has published Draft General Communiqué No. 25 amending Corporate Income Tax Communiqué No. 1, setting out detailed implementation rules on the domestic minimum corporate income tax, revised exemption conditions for investment funds and partnerships, and the reintroduced fourth provisional tax period.

Poland's government has approved tax legislation changes that will give businesses more time to submit electronic accounting records and simplify authorisation procedures, aiming to reduce administrative burdens for taxpayers starting July 2026. 

Vietnam has extended the suspension of environmental protection and special consumption taxes on fuels to stabilise the domestic market, as supply disruptions linked to the Iran war drive sharp increases in fuel prices and inflationary pressure.