Greece: AADE launches DAC9/GIR portal for Pillar Two GloBE information return filings
The Greek Public Revenue Authority (AADE) has launched the DAC9/GIR web portal to facilitate the electronic submission of the GloBE Information Return (GIR), also referred to as the Top-up Tax Information Return, together with related notifications
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South Africa: Tax Court upholds GAAR challenge to dividend stripping scheme
The South African Revenue Service (SARS) has published a South African Tax Court judgment upholding the application of the general anti-avoidance rule (GAAR) in a case involving shareholders of an investment company on 7 July 2026. The South
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France extends GIR filing deadline
France’s Ministry of Economy and Finance announced an extension of the filing deadline for the GloBE Information Return (GIR) for the financial year ended 31 December 2024 through a press release issued on 8 July 2026. The deadline, which was
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US: IRS simplifies penalty relief, introduces automatic process for eligible taxpayers
The US Internal Revenue Service (IRS) announced on 8 July 2026 that it introduced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance. The
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OECD reports progress in tax co-operation, global minimum tax implementation
The OECD has released its Tax Co-operation for Development 2025 progress report, stating that assisting developing countries with adapting to the Global Minimum Tax (GMT) was a major priority during 2025 and will continue to be a focus in 2026. As
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Brazil: RFB issues guidance on corporate social contribution on net profit
Brazil’s Federal Revenue Service (RFB) announced he publication of a guidance on 8 July 2026, detailing the additional Corporate Social Contribution on Net Profit (CSLL) to enforce a 15% minimum tax rate on multinational companies. The CSLL
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EU: Belgium, Bulgaria, Cyprus face reasoned opinions over DAC9 transposition gaps
The European Commission issued reasoned opinions to Belgium, Bulgaria, and Cyprus for failing to fully transpose Directive (EU) 2025/872 (DAC9), which establishes rules for the filing and exchange of GloBE Information Returns (top-up tax information
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UAE updates Pillar Two guidance with OECD 2026 commentary, administrative guidance
The UAE has updated the guidance for its domestic Pillar Two regime by issuing Ministerial Decision No. 96 of 2026 on the Commentary and Agreed Administrative Guidance for the Purposes of Cabinet Decision No. 142 of 2024 on the Imposition of Top-Up
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Australia enacts twin tax reform Acts, overhauls CGT discount, adds minimum tax rate on capital gains
Australia has enacted the Treasury Laws Amendment (Tax Reform No. 1) Act 2026 (Act No. 49 of 2026) and the Income Tax Rates Amendment (Tax Reform No. 1) Act 2026 (Act No. 50 of 2026), with both Acts receiving the royal assent on 26 June
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China extends unemployment insurance refunds and job subsidies through 2026
China has renewed its package of unemployment insurance incentives for another year, running from 1 January 2026 to 31 December 2026. The State Council-approved notice, issued on 18 June 2026 to provincial governments and the Xinjiang Production and
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UK: Supreme Court rules deferred partner profits taxable as miscellaneous income under Section 687
The UK Supreme Court ruled on 17 June 2026 that payments received by partners under a deferred remuneration scheme are taxable as miscellaneous income under section 687 of ITTOIA 2005, upholding the Court of Appeal's decision in HMRC v HFFX LLP
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Taiwan reminds small businesses of tax withholding, reporting obligations
Taiwan has reminded small-scale businesses exempt from issuing uniform invoices that they must still comply with tax withholding and reporting obligations when paying salaries, rent or other types of income, even if their taxes are assessed by the
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Malaysia gazettes deduction cap for companies leasing new EVs
Malaysia’s Ministry of Finance has gazetted Income Tax (Deduction For Rental Payments) (Electric Motor Vehicles) Rules 2026 on 26 June 2026. These rules provide specific tax incentives for Malaysian companies that lease electric motor
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Peru: SUNAT updates GAAR high tax risk scheme catalogue with 11 new arrangements
Peru's National Superintendency of Customs and Tax Administration (SUNAT) has published Version 4.0 of its Catalogue of High Tax Risk Schemes, adding 11 new arrangements that could be used to obtain undue tax benefits and may be challenged under the
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Chile: SII clarifies carbon credits deductible only for own emissions
The Chilean tax authority (SII) has issued Letter Ruling No. 1529 of 22 June 2026, clarifying the deductibility of carbon credit purchases under amendments to Article 31 of the Chilean Income Tax Law that took effect in 2020. The ruling examines
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Nigeria rolls out presumptive tax regime for informal sector, bans cash and roadblock collection
Nigeria's Joint Revenue Board published the Presumptive Tax Regulations, 2026, which were originally issued in the Official Gazette on 13 May 2026 and took effect from 1 January 2026. The Nigeria Presumptive Tax Regulations, 2026, serve as a
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Turkey issues final guidance on new corporate income tax incentives
Turkey's Tax Administration has issued General Communiqué No. 26, providing final guidance on the corporate income tax amendments introduced by Law No. 7577 and Law No. 7582. The Communiqué, which entered into force on 4 July 2026, confirms the
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Spain opens 2025 corporate income tax filing
The Spanish Tax Agency has launched the 2025 Companies Campaign, with the filing period for Corporate Income Tax opening on 1 July 2026. The campaign includes a dedicated webpage bringing together guidance, updates and support materials to help
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