Cyprus: House of Representatives considers Pillar Two amendments to introduce recognised QDMTT
The Cyprus House of Representatives is considering the Ensuring a Global Minimum Level of Taxation of Multinational Enterprise Groups and Large-Scale Domestic Groups in the Union (Amendment) Law of 2026, which was introduced during a plenary session
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Singapore updates Pillar Two guidance outlining Side-by-Side package rules
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance page on the Global Anti-Base Erosion (GloBE) Rules and the Domestic Top-up Tax (DTT) to include the substance-based tax Incentive Safe Harbour. The safe harbour belongs to the
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Kenya enacts minimum top-up tax regulations for multinational enterprises
The National Treasury of Kenya has published the Income Tax (Minimum Top Up Tax) Regulations, 2026 (Legal Notice No. 189), establishing a comprehensive legal framework to enforce a 15% minimum effective tax rate on large multinational corporations
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Montenegro issues Pillar Two GloBE information return rulebook
Montenegro has published a Rulebook in the Official Gazette establishing requirements for submitting the Pillar Two GloBE Information Return (GIR). The Rulebook entered into force on 9 October 2026. Reporting requirements The Ministry of
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Denmark proposes Pillar Two rules, sweeping tax changes for 2026–2027
Denmark published its Legislative Programme for 2026–2027 on 8 October 2026, setting out 22 legislative bills under the Ministry of Taxation and other proposed legislation covering tax and related matters. The proposals cover the implementation
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Norway: Budget 2027 proposes personal tax relief, higher income thresholds, increased climate taxes
Norway’s newly unveiled 2027 Budget introduces a series of fiscal adjustments designed to foster economic growth, maintain fairness, and encourage employment while providing stability for citizens and enterprises. Key measures include personal
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UAE: Tax Authority issues Top-up tax guide to clarify scope and registration under Pillar Two
The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) has issued a new Top-up Tax Guide on Scope and Registration on 7 October 2026. The Guide supports Multinational Enterprise (MNE) Groups in understanding how the Top-up Tax on
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Netherlands: House of Representatives approves 2027 Omnibus Tax Bill
The Netherlands House of Representatives passed the Fiscal Omnibus Act 2027 (Fiscale Verzamelwet 2027, the Bill) on 6 October 2026. The legislation addresses both technical corrections and substantive policy shifts across the country's tax
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Czech Parliament opposes key elements of EU Taxation Omnibus proposal
The Committee on European Affairs of the Czech Chamber of Deputies adopted Resolution No. 106 during its 13th session on 17 September 2026, issuing a formal Reasoned Opinion on the European Commission's proposal for a Taxation Omnibus Directive
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European Parliament calls for Pillar Two reforms, simpler EU corporate tax rules
The European Parliament adopted its resolution on "The EU’s approach to corporate tax policy in a changing international environment" on 6 October 2026. The resolution, built upon the report prepared by the Committee on Economic and Monetary
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Thailand: Revenue Department consults on qualified refundable tax credits
Thailand's Revenue Department has launched a public consultation on the principles of the Draft Act on Qualified Refundable Tax Credits, which would give promoted companies a new form of investment incentive compatible with the Pillar Two Global
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Taiwan urges enterprises to submit audited CFC statements on time
Taiwan's National Taxation Bureau of the Central Area, under the Ministry of Finance, has reminded profit-seeking enterprises that have been granted an extension to submit financial statements of their controlled foreign company (CFC), audited and
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Ireland introduces Pillar Two amendments, business incentives in Budget 2027
Ireland’s Department of Finance published Budget 2027 on 6 October 2026. The key tax measures are as follows: Corporation tax administration Budget 2027 introduces changes to preliminary corporation tax rules to provide greater
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Brazil: RFB publishes Q&A guide on Pillar Two qualified domestic minimum top-up tax
Brazil’s Federal Revenue Service (RFB) published the first edition of its Q&As guide on the Additional Social Contribution on Net Profits (CSLL) on 2 October 2026. The guide provides practical guidance on Brazil’s recently implemented
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Belgium: Parliament committee adopts draft DAC9 legislation
Belgium’s Parliament’s Financial and Budgetary Committee adopted the draft legislation implementing DAC9 (Directive 2011/16/EU as amended by Council Directive (EU) 2025/872) on 2 October 2026. The legislation has a dual purpose: it transposes
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France: National Assembly publishes draft Finance Bill 2027
France's National Assembly published the draft Finance Bill for 2027 on 1 October 2026, outlining the government's plan to lower the public deficit from a revised 5.4% of GDP in 2026 to 5.0% in 2027, subject to parliamentary approval. The
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Romania deposits ratification instrument for pillar two subject to tax rule convention (STTR MLI)
Romania has deposited its instrument of ratification for the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI) on 2 October 2026, according to an OECD update. Romania signed the STTR MLI on
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Kuwait updates portal for DMTT registration amendments
Kuwait’s Ministry of Finance (MoF) had updated its tax services portal on 28 September 2026 to allow multinational enterprise (MNE) groups registered for the Domestic Minimum Top-up Tax (DMTT) to review and amend their registration applications.
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