France clarifies MAP access rules, APA roll-back conditions in transfer pricing guidance

21 April, 2026

France clarifies MAP access rules and APA roll-back framework for transfer pricing, following public consultation and expanding guidance on administrative measures, amended returns, and retroactive APA application.

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Switzerland extends loss carryforward period after referendum deadline ends

21 April, 2026

Switzerland has extended the loss carryforward period following the expiry of the referendum period for the implementing Federal Law on 17 April 2026. The reform allows longer deduction of business losses and introduces revised rules for foreign permanent establishments and transitional cases.

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Colombia Constitutional Court strikes down VAT, excise hikes in emergency decree

21 April, 2026

Colombia’s Constitutional Court declared Legislative Decree No. 1474 of 29 December 2025 unconstitutional under Sentencia C-079/26 due to the invalidity of the enabling emergency decree. It ordered refunds of taxes collected between 30 December 2025 and 28 January 2026 and upheld validly acquired taxpayer benefits.

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Morocco implements new VAT rules for foreign digital service providers

21 April, 2026

Morocco is introducing comprehensive VAT regulations for non-resident digital service providers, requiring registration and quarterly reporting for streaming, software, and online services sold to Moroccan consumers, effective 11 June 2026.

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Cambodia issues instruction shifting VAT liability on diesel, LPG to the state

21 April, 2026

Cambodia’s Ministry of Economy and Finance, issued an Instruction under which the state assumes full 10% VAT liability on diesel fuel and LPG gas supplies to ease price pressures. Enterprises must issue invoices stating “VAT at 10% assumed by the state,” with the measure effective from 1 April 2026 until further notice.

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Ireland: Irish Revenue issues eBrief No. 081/26 on living city initiative guidance update

21 April, 2026

Irish Revenue has published eBrief No. 081/26 on 17 April 2026, issuing updated guidance on the Living City Initiative under Chapter 13 of Part 10 of the Taxes Consolidation Act 1997. The update reflects Finance Act 2025 changes and revised Tax and Duty Manuals covering all relief elements and expanded designated areas.

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Sweden proposes tonnage tax reforms to boost shipping competitiveness

21 April, 2026

Sweden’s Ministry of Finance has proposed reforms to the tonnage taxation system under the 2026 Budget Bill to enhance the competitiveness of Swedish shipping. The measures expand eligible activities, ease vessel qualification criteria, and increase flexibility for bareboat chartering and tax fund usage.

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Austria introduces relief measures to support SMEs, start-ups

21 April, 2026

The Austrian government has approved new accounting reforms that raise the bookkeeping threshold from EUR 700,000 to EUR 1 million in annual turnover and allow companies to capitalise intangible assets like software and patents, aiming to cut red tape for SMEs and improve their access to financing.

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Sri Lanka removes VAT zero-rating on fabric imports, scraps CESS levy

21 April, 2026

The Sri Lankan government has abolished the VAT zero-rate on fabric imports and eliminated the CESS levy from 1 April 2026, introducing an 18% standard VAT rate for both imported and locally supplied fabric in a significant policy shift for the textile industry.

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US: IRS issues Whistleblower Alert, expands efforts to uncover fraud

21 April, 2026

The IRS launches a new Whistleblower Alert system to identify high-risk fraud areas, offering monetary awards of up to 30% of collected proceeds for credible information on tax-exempt organisations, individuals, and businesses misusing federal funds.

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