EU finalises trade deal with US under Trump’s July deadline threat
The EU has secured protective safeguards in a provisional agreement to eliminate tariffs on US industrial goods, narrowly averting President Trump's threat of 25% duties on European cars ahead of...
Read MoreIndonesia: DGT grants tax filing extension for corporations until 31 May 2026
Indonesia's tax authority has extended the corporate annual tax filing deadline by one month to 31 May 2026, following technical issues with the Coretax system and thousands of requests from businesses and tax consultants.
Read MoreUK: HMRC launches targeted advance assurance pilot for SME R&D tax relief claims
HMRC has published guidance on a new targeted advance assurance scheme for research and development (R&D) tax relief claims, allowing eligible small and medium-sized enterprises (SMEs) to obtain certainty on up to two complex or high-risk areas of a claim before submission.
Read MoreSaudi Arabia: ZATCA urges excise tax return filing deadline compliance
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has urged establishments subject to excise tax to submit their returns for March and April 2026 through its website to avoid penalties for late filing and payment.
Read MoreTurkey updates laws with new e-valuation rules, stamp duty relief and condominium reforms
Turkey has enacted Law No. 7579, amending the Land Registry Law, Stamp Tax Law and Condominium Law, introducing mandatory electronic transmission of valuation reports, stamp duty exemptions for TOKİ social housing projects, and new rules on condominium operating plans. The law also includes COP31-related tax exemptions.
Read MoreBosnia and Herzegovina: Federation of BiH amends taxpayer registration, PJIB allocation rules
The Federation of Bosnia and Herzegovina has amended its Rulebook on taxpayer identification, registration and records, updating procedures for tax identification number allocation, business relocation from Republika Srpska and Brčko District, and court-based pre-registration and PJIB assignment.
Read MoreAustria: Parliament approves draft VAT reform introducing reduced rate on staple foods
Austria’s Nationalrat has approved a draft bill introducing a 4.9% VAT rate on selected staple foods under the Value Added Tax Reform Act 2026, with implementation subject to Bundesrat approval and planned entry into force from 1 July 2026.
Read MoreATAF pilots tax transparency training on beneficial ownership and exchange of information
Twenty-one tax officials from 10 Southern African nations gather for a two-week intensive programme aimed at translating international tax transparency standards into practical compliance tools and cross-border cooperation.
Read MoreUS: IRS considers adding citizenship question to tax forms
The proposed change comes amid ongoing legal battles over taxpayer data sharing with immigration authorities, raising concerns about compliance and potential revenue losses exceeding USD 300 billion.
Read MoreArgentina: ARCA extends 2025 individual tax filing deadline to July 2026
Argentina's tax authority has pushed back the 2025 tax filing deadline to late July 2026, giving individuals and undivided estates extra time to prepare their Income Tax, Personal Assets Tax, and Cedular Tax returns following requests from accounting professionals.
Read MorePillar Two
Corporate Tax
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Indonesia: DGT grants tax filing extension for corporations until 31 May 2026
25 May, 2026
Indonesia's tax authority, the Directorate General of Taxes (DGT) has
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UK: Foreign PE tax exemption to become mandatory from 2027 to block overseas loss relief against profits
22 May, 2026
The UK government has announced, on 21 May 2026, changes to the taxation
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South Africa publishes GMT registration, notification external guide for gloBE implementation
22 May, 2026
The South African Revenue Service (SARS) has published the GMT
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Malawi enacts 2026–27 budget, introduces VAT on digital services by foreign companies
22 May, 2026
Malawi has enacted the legislation implementing the 2026–2027 Budget,
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Poland: Government proposes windfall tax on fuel sector amid Middle East crisis
22 May, 2026
Poland is moving to impose a temporary tax on extraordinary profits earned
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Transfer Pricing
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Malawi enacts 2026–27 budget, introduces VAT on digital services by foreign companies
22 May, 2026
Malawi has enacted the legislation implementing the 2026–2027 Budget,
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Sweden: Court rules in favour of Kubal, overturns transfer pricing-based adjustment
22 May, 2026
Sweden’s Supreme Administrative Court has ruled in favour of Kubikenborg
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Kenya refines country-by-country reporting rules in Finance Bill 2026
20 May, 2026
Kenya’s Finance Bill, 2026, introduces significant updates to
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Rwanda establishes formal APA framework under new transfer pricing rules
19 May, 2026
Rwanda has introduced new transfer pricing rules establishing a clearer
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Moldova: STS introduces electronic transfer pricing information form ahead of June deadline
19 May, 2026
Moldova’s State Tax Service (STS) has announced the rollout of an
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Tax Policy
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Turkey updates laws with new e-valuation rules, stamp duty relief and condominium reforms
25 May, 2026
Turkey has enacted Law No. 7579, adopted on 7 May 2026 and published in
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Bosnia and Herzegovina: Federation of BiH amends taxpayer registration, PJIB allocation rules
25 May, 2026
Bosnia and Herzegovina’s Federal Ministry of Finance has introduced
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ATAF pilots tax transparency training on beneficial ownership and exchange of information
25 May, 2026
The ATAF, in partnership with GIZ, officially piloted the Training on Tax
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US: IRS considers adding citizenship question to tax forms
25 May, 2026
The US Internal Revenue Service (IRS) is weighing whether to require
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UK: HMRC launches targeted advance assurance pilot for SME R&D tax relief claims
25 May, 2026
The UK’s tax authority, His Majesty's Revenue and Customs (HMRC) issued
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Tax Treaty
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UK: HMRC consults close company participator reporting
The UK’s HM Revenue & Customs (HMRC) has initiated a public consultation on proposed rules for reporting transactions between close companies
Read MoreOECD: Taxing Wages Report 2025 shows post-tax income rise for single workers in most countries
The OECD has published the Taxing Wages 2025 report on 30 April 2025, highlighting that post-tax incomes increased in almost three-quarters of OECD
Read MoreOECD issues new guidance on Pillar Two global minimum tax compliance
The OECD has released crucial administrative guidance to help multinational corporations navigate the complex filing requirements of the Pillar Two
Read MoreCroatia ratifies income tax treaty with Australia
Croatia has gazetted the law ratifying the income tax treaty with Australia on 15 May 2026. Signed on 24 November 2025, the agreement between the two
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