EU finalises trade deal with US under Trump’s July deadline threat

25 May, 2026

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 More

Indonesia: DGT grants tax filing extension for corporations until 31 May 2026

25 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 More

UK: HMRC launches targeted advance assurance pilot for SME R&D tax relief claims

25 May, 2026

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 More

Saudi Arabia: ZATCA urges excise tax return filing deadline compliance

25 May, 2026

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 More

Turkey updates laws with new e-valuation rules, stamp duty relief and condominium reforms

25 May, 2026

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 More

Bosnia and Herzegovina: Federation of BiH amends taxpayer registration, PJIB allocation rules

25 May, 2026

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 More

Austria: Parliament approves draft VAT reform introducing reduced rate on staple foods

25 May, 2026

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 More

ATAF pilots tax transparency training on beneficial ownership and exchange of information

25 May, 2026

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 More

US: IRS considers adding citizenship question to tax forms

25 May, 2026

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 More

Argentina: ARCA extends 2025 individual tax filing deadline to July 2026

25 May, 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 More

Corporate Tax

Transfer Pricing

Tax Policy

Most Read