Germany: MOF revises guidance on cross-border tax dispute resolution
The key changes in the guidance are aimed at simplifying terminology, clarifying the interaction of dispute resolution mechanisms, and providing expanded guidance for joint applications from partnerships and corporate groups. Germany’s Ministry
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Argentina: ARCA extends deadline for tax payment plan on incorrectly calculated losses
ARCA extends the deadline to 28 November 2025 for companies to join the payment plan for incorrectly calculated tax losses, allowing regularisation of debts with reduced down payments and up to 120 installments. The Argentine Revenue and Customs
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Ecuador: SRI updates e-filing rules for large taxpayers
Under this resolution, taxpayers must submit their declarations and pay their taxes at the same time, by the statutory due date. Ecuador’s tax authority (SRI) issued Resolution NAC-DGERCGC25-00000030 on 23 September 2025, updating the
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Hong Kong: IRD extends filing deadline for 2024-25 profits tax returns
IRD extended the 2024/25 Profits Tax return filing deadline for ‘M’ code cases. The Hong Kong Inland Revenue Department (IRD) has announced on 2 October 2025 an extension for the lodgement of 2024/25 Profits Tax returns under the Block
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Turkey consults Pillar 2 global minimum tax implementation
The consultation is set to conclude on 27 October 2025. The Turkish Revenue Administration released a draft General Communiqué for public consultation, setting out the framework for implementing the Pillar 2 Global Minimum Tax (GMT) on 3 October
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UK: HMRC introduces tool to determine qualifying R&D activities for tax relief
The tool is designed to check R&D tax relief for eligible projects. The UK’s HM Revenue and Customs (HMRC) issued guidance on 30 September 2025 introducing an online tool designed to help taxpayers assess whether a project contains
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Australia: ATO issues final ruling on thin capitalisation third-party debt rules
The TPDT, introduced by the 2024 Treasury Laws Amendment, replaces the arm's length debt test for general investors and financial entities with a simpler, more streamlined method. The Australian Taxation Office (ATO) has issued Taxation Ruling TR
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Poland: Council of Ministers approve corporate tax increases for banks, cuts special bank levy
Starting in 2026, the standard corporate tax rate for banks will increase from 19% to 30% before dropping to 26% in 2027 and 23% from 2028 onward, while the reduced rate will rise from 9% to 20% in 2026 and then fall to 16% in 2027 and 13% in
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Chile: SII revises UAE’s status on its preferential tax regimes listÂ
This resolution repeals Resolution Ex. SII No. 61-2025, which had set 1 June 2023 as the removal date, and confirms that the UAE is not considered to have a preferential tax regime under the Income Tax Law (LIR). Chile’s tax administration
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Canada: CRA simplifies tax adjustments through revised voluntary disclosures program
The VDP lets taxpayers voluntarily correct past tax errors for potential penalty and interest relief, but only for tax years overdue by at least one year. The Canada Revenue Agency (CRA) announced, on 10 September 2025, that it will update the
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EU: Commissioner Hoekstra addresses current state of Pillar 1, 2
The European Commissioner Wopke Hoekstra responded that the European Commission notes Canada’s decision to suspend its digital services tax but considers it a sovereign matter and will not comment further. The European Parliament released a
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US: IRS extends filing, payment deadlines for taxpayers impacted by ongoing conflict in Israel
IRS is providing separate but overlapping relief to taxpayers who may be unable to meet a tax-filing or tax-payment obligation, or may be unable to perform other time-sensitive tax-related actions. The US Internal Revenue Service (IRS) announced,
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US: Treasury, IRS issue guidance on rural opportunity zone investments under the One, Big, Beautiful Bill
The guidance provides clarification on rural Qualified Opportunity Zone investments, which offer tax incentives to encourage economic growth and job creation in underserved areas. The US Department of the Treasury and the Internal Revenue Service
See MorePoland: Senate approves bill simplifying reporting requirements to secure corporate tax exemption for holding companies
The bill eliminates the requirement for Polish Holding Companies (PSKs) to submit a formal declaration of intent to apply for a CIT exemption on income from share disposals. Poland's Senate (upper house of the parliament) approved a bill amending
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US: IRS issues interim guidance on corporate alternative minimum tax (CAMT)
The two notices, Notice 2025-46 and Notice 2025-49, on 30 September 2025, provide interim guidance on the corporate alternative minimum tax (CAMT). ​​ The US Internal Revenue Service (IRS) issued two notices, Notice 2025-46 and Notice
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Pakistan: FBR extends 2025 corporate income tax return deadline
The extension has been granted in response to requests made by various trade bodies, tax bar associations and the general public. Pakistan’s Federal Board of Revenue (FBR) announced, on 30 September 2025, that the deadline for filing of
See MoreChile: SII announces filing deadlines for FY 2026 annual tax return forms
Chile’s Tax Authority (Servicio de Impuestos Internos – SII) has issued Resolution Ex. SII No. 123-2025 on 25 September 2025, announcing the official filing schedule for annual tax return forms due in fiscal year (FY) 2026. Annual tax
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UAE: Federal Tax Authority clarifies corporate tax rules for family wealth structures
The clarification explains how corporate tax applies to entities commonly found in family wealth management setups, such as Family Foundations, holding companies, Special Purpose Vehicles (SPVs), SFOs, and MFOs, as well as the family members
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