Poland to tax fuel companies’ windfall profits, recover government spending
Poland's government has introduced emergency legislation targeting fuel companies that have reaped unusually large profits from Middle East-driven energy turmoil, according to a release on 16 June 2026. The temporary windfall tax, set to take
See MoreBolivia: SIN cuts tax payment plan requirements to ease business liquidity crisis
Bolivia's National Tax Service (SIN) announced on 12 June 2026 that it has slashed the financial barriers for taxpayers seeking to defer their tax obligations. Under Board Resolution (RND) 102600000020, effective 12 June 2026, the agency has
See MoreHong Kong: IRD reminds property owners of 2025/26 tax filing obligations
The Hong Kong Inland Revenue Department has issued a notice outlining the property tax obligations of property owners for the year of assessment 2025/26. Property tax is charged on owners of land and/ or buildings ("Landed Property") by reference
See MoreCyprus confirms Pillar Two compliance, enables centralised EU top-up tax return filing
In an announcement on 15 June 2026, Cyprus has confirmed its compliance with the EU's global minimum taxation rules under Law 151(I)/2024, following European Commission guidance issued on 29 May 2026 The Cyprus Tax Department has verified that
See MoreBelgium publishes IIR tax return forms under Pillar Two minimum tax rules
Belgium’s Ministry of Finance has published a royal decree in the Official Gazette No. 129 of 15 June 2026 on the income inclusion rule (IIR) return form for the assessment year 2024. The decree details taxation forms for multinational
See MoreSweden: Government proposes additional tax relief for business R&D investment
The Swedish Government proposed, on 11 June 2026, additional tax relief for companies with employees engaged in research and development (R&D) activities to boost business investment in R&D, strengthen Sweden’s competitiveness and support
See MoreSingapore clarifies whether a company qualifies as excluded incentive entity or excluded entity under Income Tax Act
The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 8/2026 on 2 Jun 2026, clarifying the application of Section 10L of the Income Tax Act 1947 in determining whether a company qualifies as an excluded incentive entity
See MoreTaiwan: MOF clarifies reasonable interest on inter-company lending arrangements
Taiwan's Ministry of Finance (MoF) has released a notice on 1 June 2026, reminding taxpayers of the requirements governing reasonable interest on inter-company lending arrangements. To protect the rights and interests of company shareholders and
See MoreItaly formalises rules for requesting legal tax advice for trade bodies, public authorities, multinationals
The Italian Revenue Agency has issued Provision of 8 June 2026 (Prot. n. 171016/2026), which establishes the operational rules for requesting legal advice under Article 10-octies of the Statute of Taxpayer's Rights. This procedure is specifically
See MoreTunisia launches major tax debt relief, declaration amnesty programme
Tunisia's 2026 Finance Law introduces a sweeping framework allowing taxpayers to clear outstanding obligations with substantial penalty forgiveness, while simultaneously opening an amnesty window for previously unfiled tax documents, according to a
See MoreCPA Australia raises alarm over new tax reform bill
Australia's largest accounting body, CPA Australia, has sounded a warning over the government's newly introduced Treasury Laws Amendment Bill 2026, cautioning that the legislation risks making the tax system more complex rather than simpler. The
See MoreDenmark: Supreme Court clarifies limitation period for tax refund claims
The Danish Supreme Court (Højesteret) issued a ruling in Cases BS-36976/2025-HJR and BS-36974/2025-HJR on 11 June 2026, concerning the limitation period (statute of limitations) for claims seeking refunds of withheld dividend and royalty taxes. The
See MoreBelgium: Tax authority extends GIR notification filing deadline
Belgium’s tax authorities announced, on 12 June 2026, that it has postponed the deadline for multinational enterprises and large domestic groups to notify their designated GloBE Information Return (GIR) filing entity. The notification portal
See MoreMalta: MTCA issues guidance on Cyprus’ IIR treatment under Pillar Two
The Malta Tax and Customs Administration (MTCA) has notified taxpayers that the European Commission published a frequently asked question on 29 May 2026, clarifying that all EU Member States should treat Cyprus as having a qualified Income Inclusion
See MoreBrazil: RFB formalises rules for Confia tax compliance seal, brand
The Brazilian Federal Revenue Service (RFB) clarified, on 12 June 2026, how companies in its cooperative tax programme should display their credentials. Ordinance RFB No. 695, issued on 10 June 2026, establishes the official identity of the
See MoreEU: FASTER directive signals need for Swiss withholding tax reform
The European Union's Faster and Safer Tax Relief of Excess Withholding Taxes (FASTER) directive establishes streamlined withholding tax relief procedures that expose significant gaps in Switzerland's current system. While EU member states prepare
See MoreHong Kong publishes bill amending preferential tax regimes for funds, family-owned investment holding vehicles, carried interest
The Hong Kong government has published the Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026 in the Gazette on 12 June 2026. The bill aims to enhance the
See MoreUS: Congress moves forward on digital asset tax framework
The US House Ways and Means Committee held a hearing on 9 June 2026 to explore new tax rules for digital assets, advancing eight bills and discussion drafts that aim to simplify compliance and establish clearer rules for activities like
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