Romania gazettes 3% tax incentive procedure for micro-enterprises
Romania's Ministry of Finance published Order No. 987/2026 (issued on 3 August 2026) in the Official Gazette (Monitorul Oficial) No. 678 on 17 August 2026, establishing the detailed procedure and forms for implementing a 3% tax bonus on the 2025
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Brazil: RFB launches new digital tax audit targeting PIS/Cofins discrepancies
Brazil's tax authority (RFB) announced it rolled out a new round of the Digital Tax Audit (MFD) on 27 August 2026, focused on insufficient PIS/Cofins declarations. The initiative gives taxpayers a window to self-correct discrepancies in their social
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Argentina: ARCA launches digital system for investment incentives
Argentina’s tax administration (ARCA) announced on 27 August 2026 that it activated the Investment Management System (SGI), a web platform for registering investment projects, selecting tax benefits, and administering the Incentive Regime for
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Romania launches tech incentive and grants scheme for AI, biotech, green energy
Romania published Government Decision (GD) No. 643/2026 in the Official Gazette (Monitorul Oficial, Nr. 699) on 24 August 2026, establishing the "TechUp Romania" state aid scheme. Approved by the Government on 20 August 2026, the scheme
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Qatar: GTA publishes six Pillar Two decisions establishing minimum tax compliance framework
Qatar published six General Tax Authority (GTA) decisions in Issue 14 of the Official Gazette on 27 August 2026, setting out rules for implementing the Pillar Two global minimum tax framework. A primary focus is the Ministry of Foreign Affairs'
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Lithuania proposes framework for assessing R&D activities under corporate tax incentives
Lithuania has proposed amendments to the Law on Corporate Income Tax that would establish a legal framework for assessing whether activities qualify as research and experimental development works (R&D) for the purposes of applying corporate
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Lithuania proposes 200% corporate tax deductions for investments in select advanced technologies
Lithuania is proposing a 200% tax deduction for companies investing in certain advanced technologies under draft amendments to the Law on Corporate Profit Tax published on 25 August 2026. The proposal would allow entities implementing investment
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Saudi Arabia: ZATCA sets out tax, customs rules for SEZs
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has issued a new guide outlining the tax and customs treatment for businesses operating in the country’s four Special Economic Zones (SEZs), along with the compliance requirements
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Taiwan announces opening of provisional tax filing window for 2026 tax year
The Northern Region National Taxation Bureau of the Ministry of Finance announced on 25 August 2026 that profit-making enterprises using the calendar year as their accounting year must file provisional income tax returns for the 2026 fiscal year
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US: IRS retires FIRE system, requires transition to IRIS before 2027 tax season
The US Internal Revenue Service (IRS), in a release on 24 August 2026, has reminded information return filers who currently use the Filing Information Returns Electronically (FIRE) system to prepare now for the system’s retirement and transition
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US: Treasury, IRS propose regulations to reshape CFC income inclusion rules among US shareholders
The US Treasury and the IRS have proposed regulations (REG-115646-25) establishing rules for allocating a controlled foreign corporation’s (CFC) subpart F income, tested income, and tested loss among US shareholders based on their respective
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US: IRS urges foreign filers to register for TCC ahead of 2027 filing season
The US Internal Revenue Service (IRS) has released Issue No. 2026-08, urging eligible foreign filers to register for a Foreign Filer Transmitter Control Code (TCC) ahead of the 2027 filing season on 19 August 2026. The registration provides
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UAE updates requirements for filing Pillar Two information return
The UAE Ministry of Finance has issued Ministerial Decision No. 133 of 2026 on 25 August 2026, setting out the entities required to file the Pillar Two Information Return under Cabinet Decision No. 142 of 2024 on the Imposition of Top-Up Tax on
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Singapore: MAS announces tax break, incentives to strengthen asset management competitiveness
The Monetary Authority of Singapore (MAS) announced three new measures on 19 August 2026 to enhance Singapore’s competitiveness as a leading asset management hub. The measures include a proposed tax exemption on profit-related returns from fund
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Finland: MoF consults tax procedure changes to expand digital reporting, strengthen enforcement
Finland’s Ministry of Finance has submitted a draft proposal for public consultation, seeking amendments to the Tax Procedure Act and related legislation on 21 August 2026. The changes target three main areas: digitalisation of tax reporting,
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Lithuania: VMI clarifies rules on foreign tax deductions
Lithuania’s State Tax Inspectorate (VMI) has updated its official commentary on the Law on Corporate Income Tax, clarifying how corporate income tax or an equivalent tax paid abroad can be deducted from Lithuanian corporate income tax. The
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France strengthens tax incentives for investment, innovation, green industry
France’s tax system provides a broad range of incentives aimed at supporting investment, innovation, business development and the environmental transition. The framework includes reductions in corporate income tax and local taxation, alongside
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Australia: ATO consults draft ruling on tax treatment of crypto airdrops
The Australian Taxation Office (ATO) has released Draft Taxation Ruling TR 2026/D1 (Income tax: receipt and disposal of crypto assets by an airdrop) for public consultation, outlining the capital gains tax (CGT) treatment of crypto-assets received
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