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

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.

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.

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. 

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.

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.

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.