UK: HMRC publishes draft side-by-side package, domestic top-up tax rules for multinationals

Greek Law 5313 introduces measures on housing support, debt restructuring, energy relief, gambling regulation and tax administration, alongside changes to tax incentives and debt settlement rules.

The Inland Revenue Authority of Singapore (IRAS) on 1 Jul 2026 published Advance Ruling Summary No. 10/2026, confirming that foreign-sourced dividend income paid directly from an offshore bank account to a shareholder's offshore account is not regarded as income received in Singapore under Section 10(25) of the Income Tax Act 1947 (ITA), subject to specified conditions.

Presidential Decision No. 11511, published in the Official Gazette on 11 July 2026, identifies jurisdictions that apply the Qualified Domestic Minimum Top-up Tax (QDMTT) safe harbour, QDMTT, and the Income Inclusion Rule (IIR), with effect for accounting periods beginning on or after 1 January 2024.

Businesses undertaking major UK investment projects can now apply for binding tax clearances, with HMRC aiming to issue decisions within 90 days of a formal application.

The Australian Taxation Office has published the annual average and 30 June 2026 closing exchange rates for 18 currencies for the 2025–26 financial year, which taxpayers must use to convert foreign income, deductions and foreign tax paid into AUD.

Morocco's Chamber of Representatives approved Bill No. 76.19 on 6 July 2026, ratifying the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports that Morocco signed on 25 June 2019.