Australia: ATO releases new SGE guidance for large private groups
The Australian Taxation Office (ATO) has released new guidance for large privately owned and wealthy groups (private groups) on assessing and reporting SGE status on 29 January 2026. Where a private group includes an entity that is, or may be, a
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Singapore: IRAS reminds companies to file 2025 CIT ahead of November deadline
IRAS reminded companies of their YA 2025 Corporate Income Tax filing obligations, outlining penalties for late submissions and available support resources. The Inland Revenue Authority of Singapore (IRAS) issued a notice on 16 October 2025
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Lithuania: Government approves draft order for crypto-asset service providers, financial institutions under DAC8
Lithuania approved DAC8 rules imposing new reporting and due diligence obligations on crypto-asset providers and financial institutions from January 2026. The Lithuanian government has approved a draft order implementing Council Directive (EU)
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Turkey updates guidance on ‘invitation to explanation’ tax procedure
Turkey updated its Invitation to Explanation guide to clarify procedures and encourage voluntary tax compliance. Turkey’s Revenue Administration has issued an updated Invitation to Explanation Implementation guide to clarify the application of
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Chile: 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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Pakistan: FBR removes estimated market value column from 2025 income tax return form, urges taxpayers to file by 30 September deadline
FBR removed the “estimated market value” column from the 2025 tax return form The Federal Board of Revenue (FBR) has removed the “estimated market value” column from the 2025 Income Tax Return to simplify the filing process for
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Costa Rica: DGT overhauls withholding tax reporting returns, self-assessment procedures
Resolution No. MH-DGT-RES-0042-2025 establishes rules for taxpayers required to file both informative and self-assessment withholding tax returns, effective 6 October 2025. Costa Rica’s tax administration (DGT) published Resolution No.
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UK: HMRC issues guidance on PAYE addressing non-compliance in the umbrella company market
These rules are based on draft legislation and the government’s approach to tackling non-compliance in the umbrella company market. HMRC issued guidance on 17 September 2025 outlining new rules that place responsibility on recruitment agencies
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Ukraine to repeal commercial code from August 2025
The repeal will abolish several legal entity types and launch a three-year transition period. Ukraine has enacted Law No. 4196-IX, repealing the Commercial Code effective 28 August 2025. The reform shifts business regulation to the Civil Code and
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Ireland updates tax registration guidelines for corporation tax, income tax, and other taxes
Irish Revenue updates registration guidelines for income tax, corporation tax, PAYE/PRSI, and RCT. Irish Revenue has published eBrief No. 109/25 on 23 May 2025, announcing revised guidelines for registering for Income Tax (IT), Corporation Tax
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Costa Rica consults new tax penalty self-assessment form
Costa Rica’s tax administration (DGT) has released a draft resolution for public consultation on 2 May 2025, proposing major changes to self-assessment penalties for tax infractions. The resolution requires using the new TRIBU-CR platform to
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US: New Jersey launches mediation pilot program for corporate sales and tax disputes
The New Jersey Division of Taxation is launching a two-year pilot mediation program on 1 October 2025. The Pilot is set to run for 24 months from 1 October 2025 to 30 September 2027. The program is open to all business entities involved in
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Italy announces 2024 reliability synthetic indexes
Italy’s Ministry of Economy and Finance has published the Decree of 31 March 2025 in the Official Gazette on 18 April 2025, introducing the synthetic indexes of taxpayer reliability (ISA) for 100 business activity categories, applicable for the
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EU approves proposal to delay certain corporate sustainability reporting, due diligence requirements
The EU Member states' representatives (Coreper) have approved the EU Council's position (“negotiating mandate”) on one of the Commission's proposals to simplify EU rules and thus boost EU competitiveness on 26 March 2025. This proposal (the
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Malaysia introduces new consolidated income tax and employer audit framework
The Inland Revenue Board of Malaysia (IRBM) has released a new Tax Audit Framework on Income Tax and Employer on 15 March 2025. The updated framework replaces several previous audit frameworks, including: Tax Audit Framework (2022); Tax
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Poland clarifies DAC6 reporting rules for legally protected professional secrecy
Poland's Ministry of Finance issued a release on 12 March 2025 on reporting tax schemes under DAC6 mandatory disclosure rules in cases of professional secrecy. The Minister of Finance clarified that professionals, under national law, authorised
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Spain launches consultation on self-assessment of corporate tax returns
Spain’s tax authority is seeking public input on 5 March 2025 concerning a draft order and form to approve corporate tax and non-resident income tax declaration models for permanent establishments in Spain. The order introduces changes to the
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Hong Kong announces Inland Revenue (Amendment) (Tax Concessions) Bill 2025
The Hong Kong Inland Revenue Department has announced the Inland Revenue (Amendment) (Tax Concessions) Bill 2025, introducing a one-off reduction of profits tax, salaries tax, and personal assessment tax for the 2024/25 assessment year, as proposed
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