US: IRS extends tax deadlines to 25 September  for North Carolina storm victims

18 April, 2025

The US Internal Revenue Service (IRS) issued NC-2025-01 on 17 April 2025, in which it announced an extended deadline for taxpayers in North Carolina impacted by Hurricane Helene. The new deadline, now set for 25 September 2025, replaces the

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US: IRS urges taxpayers to review withholding for next year

18 April, 2025

The US Internal Revenue Service (IRS) issued IR-2025-52 on 17 April 2025, in which it reminded taxpayers that proper tax withholding now is key to avoiding surprises when they file their tax return next year. Making any needed adjustments earlier in

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US: IRS urges taxpayers to file late returns quickly to minimise penalties

17 April, 2025

The US  IRS has issued a statement urging taxpayers who missed the filing deadline to file their tax returns promptly in order to reduce interest and penalties  on 16 April 2025. The IRS encourages taxpayers who missed the filing deadline to

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Poland: Delay proposed for parts of mandatory e-invoicing system (KSeF)

17 April, 2025

Poland’s Ministry of Finance has proposed a legislation on 12 April 2025 to delay the ban on using cash register invoices and Polish tax identification number (NIP-bearing receipts) as simplified invoices. The proposed law also calls for the

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Spain decrees new tax reporting rules for financial sector

16 April, 2025

Spain’s tax agency has published the Royal Decree 253/2025 in the Official State Gazette (BOE) on 1 April 2025. The Decree brings substantial reforms to tax reporting obligations within the financial sector. The changes update the RGAT

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Belgium releases draft domestic top-up tax return form

16 April, 2025

Belgium's Federal Public Service (SPF) Finance released an updated draft of the annual supplementary national tax return form on 10 April 2024. This supplementary national tax return form underwent public consultation in October 2024 and has

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Oman: Tax Authority reminds taxpayers of return filing deadlines

15 April, 2025

The Oman Tax Authority has reminded taxpayers subject to income tax with a fiscal year ending on 31 December 2024 to file their tax returns and pay their tax dues as follows: Establishments subject to 3% income tax must file by 30 March 2025.

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US: IRS offers tax relief for storm affected taxpayers in Arkansas and Tennessee

15 April, 2025

The US Internal Revenue Service (IRS) has issued IR-2025-49 (Arkansas) and IR-2025-47 (Tennessee) on 14 April 2025, announcing tax relief for individuals and businesses in Arkansas and Tennessee impacted by the severe storms, tornadoes, and flooding

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US: IRS updates practice unit on deductions and credits for late corporate tax returns

15 April, 2025

The US Internal Revenue Service (IRS) has released an updated practice unit on the Allowance of Deductions and Credits for 1120-F Delinquent Returns on 25 March 2025. Form 1120-F serves as the US income tax return specifically for foreign

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EU: Council adopts DAC9 to support Pillar Two filings

15 April, 2025

The Council of the EU announced on 14 April 2025 the formal adoption of changes to the Directive on administrative cooperation in taxation (Directive 2011/16/EU) to simplify filing obligations under the Pillar 2 Directive (DAC9). The directive

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Paraguay announces extension for 2024 financial statement submissions

11 April, 2025

Paraguay's National Directorate of Tax Revenues (DNIT) has issued General Resolution DNIT No. 29/25, which extends the deadline for corporate taxpayers (IRE) to submit financial statements for the fiscal year ending 31 December 2024. The new

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Malta extends deadlines for electronic filing of corporate tax returns in 2025

11 April, 2025

Malta's Commissioner for Revenue has revealed the extended deadlines for submitting corporate income tax returns electronically in 2025. This announcement was made by the Government of Malta on 25 March 2025. The Commissioner for Tax and

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US: IRS announces Q1 deadline for estimated tax payments for 2025

11 April, 2025

The US Internal Revenue Service (IRS) issued IR-2025-45 on 10 April 2025 reminding self-employed individuals, retirees, investors, businesses and corporations that 15 April is the deadline for first quarter estimated tax payments for tax year

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Belgium revises 2025 advance income tax payment rules

10 April, 2025

Belgium's SPF Finance has updated its guidance on Advance Income Tax Payments for Companies. The quarterly advance payment deadlines for the 2025 tax year (2026 assessment year) are: For the first quarter: no later than 10 April 2025; For

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Algeria clarifies flat-rate tax regime measures under 2025 Finance Law

09 April, 2025

Algeria’s National Tax Administration (NTA) announced new measures on 31 March 2025 affecting the Unique Flat-Rate Tax (IFU) regime under the 2025 Finance Law. These amendments will enhance tax compliance while streamlining the IFU regime. The

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Australia: ATO announces amendments  to its top 500 program

08 April, 2025

The Australian Taxation Office (ATO) has announced updates to its Top 500 Private Groups Tax Performance Program, effective 1 April 2025. About the Top 500 private groups tax performance program The Top 500 private groups tax performance

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US: Michigan, Texas offer state tax relief after disasters

08 April, 2025

In response to recent natural disasters that have heavily impacted communities, Michigan and Texas have announced tax filing and payment relief for individuals and businesses. Michigan: Relief for people and businesses hit by severe winter

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Hong Kong issues profits tax, property tax, and employer’s returns for 2024-25

08 April, 2025

The Hong Kong Inland Revenue Department (IRD) has issued profits tax, property tax and employer's returns for 2024-25 on 1 April 2025. The IRD issued about 230,000 profits tax returns, 120,000 property tax returns and 330,000 employer's returns

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