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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Hong Kong: Tax authority introduces eTAX portals for businesses, tax representatives, individuals
The Hong Kong Inland Revenue Department has introduced new portals under eTAX, including a pre-launch of the Business Tax Portal (BTP), Tax Representative Portal (TRP) and Individual Tax Portal (ITP) on 22 April 2025. Taxpayers can now register
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US: IRS to waive penalties for some micro-captive disclosures
The U.S. Internal Revenue Service (IRS) has released Notice 2025-24 on 11 April 2025, announcing that it will waive penalties for participants and material advisors of reportable micro-captive insurance transactions if disclosure statements are
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Algeria extends 2024 corporate income tax filing deadline
Algeria’s National Tax Administration (NTA) announced an extended deadline for corporate income tax (CIT) filing on 14 April 2025. The new deadline is set for 31 May 2025. However, since 31 May falls on a holiday, the revised deadline is set for 1
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Bolivia: Tax authority extends corporate income tax filing deadline
Bolivia’s tax authority issued Resolution No. 102500000015 on 16 April 2025, which extends the corporate income tax (IUE) filing deadline for tax years ending 31 December 2024. The new extended deadline is set for 30 May 2025. The extended
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US: IRS extends tax deadlines to 25 September for North Carolina storm victims
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
See MoreUS: IRS urges taxpayers to review withholding for next year
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
See MoreUS: IRS urges taxpayers to file late returns quickly to minimise penalties
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)
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
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
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
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.
See MoreUS: IRS offers tax relief for storm affected taxpayers in Arkansas and Tennessee
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
See MoreUS: IRS updates practice unit on deductions and credits for late corporate tax returns
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
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
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
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
See MoreUS: IRS announces Q1 deadline for estimated tax payments for 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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