Belarus announces corporate tax reforms for 2026
The Belarus Ministry of Taxes and Duties has announced a wide-ranging package of tax measures affecting companies from 1 January 2026, reshaping corporate taxation, sector-specific rates, and compliance requirements. The changes span corporate
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Belgium: Parliament passes tax bill on withholding refunds, bank taxes
Belgium’s parliament passed legislation on 18 December 2025, proposed by multiple Members of Parliament, to introduce changes to the refund of withholding tax and to raise the tax on credit institutions. The legislation aims to update the 1992
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Korea (Rep.): National Assembly approves corporate tax hike in new budget plan
The Korea (Rep.) National Assembly passed a series of budget-related amendment bills, including changes to the Corporate Tax Act that raise each of the four corporate tax brackets by 1%. Corporate Tax Rate Increase The National Assembly
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Bolivia: Chamber of Deputies considers 2026 state budget proposal
Bolivia’s Executive Branch has submitted the 2026 General Budget Bill to the Chamber of Deputies on 31 October 2025, outlining a series of targeted tax incentives to reduce the cost of public debt operations conducted in foreign capital
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Bulgaria plans dividend tax hike, faster write-offs for electric vehicles in 2026 budget
Bulgaria's Ministry of Finance has released the draft State Budget Act for 2026 and updated the medium-term budget forecast for 2026-2028, which were published on the Ministry’s website on 3 November 2025. Draft State Budget Act for
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Ecuador updates dividend tax rules and strengthens transparency law
Ecuador has published new regulations governing the taxation of dividends and profit distributions for resident companies and permanent establishments, as part of the Organic Law on Social Transparency, in the Official Gazette on 28 August
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Lithuania: VMI updates guidance on dividend tax implementation
Lithuania’s tax authority, the State Tax Inspectorate (VMI), has published an updated commentary on the Corporate Income Tax Law on 29 October 2025, explaining how the new 17% dividend tax rate will take effect from 1 January 2026. The revised
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France: National Assembly passes first-reading amendments to the 2026 finance bill, focuses on major corporations
France’s National Assembly introduced several amendments to the Finance Bill for 2026, some of which have been approved during its first reading on 30 October 2025. The changes primarily target large corporations and business groups, introducing
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Poland: 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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Australia: ATO issues final guideline on use of capital for funding franked dividends
The Guideline explains how the ATO assesses and applies compliance resources under section 207-159 of the ITAA 1997 to determine when franking credits on a distribution may be denied. The Australian Taxation Office (ATO) released Practical
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Saudi Arabia: MoF consults multinational regional headquarters rules
MoF has initiated a consultation on Regional Headquarters (RHQ) rules set to run from 9 September-9 October, 2025. The Saudi Ministry of Finance (MoF) launched a public consultation on 9 September 2025 regarding draft rules for licensing and
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Ecuador updates dividend tax rules and NPO reporting requirements
Ecuador revises dividend taxes and non-profit reporting rules, effective 22 August 2025. Ecuador has introduced new rules on dividend taxation and non-profit organizations, effective 22 August 2025. The law applies to income accrued from 1
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Kazakhstan consults on liquidity criteria for tax exempt securities
The consultation ends on 14 August 2025. Kazakhstan launched a public consultation on liquidity criteria for securities traded on its stock exchanges on 30 July 2025. These criteria will determine eligibility for a tax exemption on dividends
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Romania announces 2025–28 tax reforms, raises dividend tax
The proposed tax reforms target increased taxes on dividends, reduced incentives, stricter expense deductions, and simplified VAT rates. Romania published its decision approving the 2025-2028 Government Programme in the Official Gazette on 23
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Czech Republic considers amendments to Income Tax Act, plans R&D tax incentive boost
The amendments propose abolishing withholding tax, removing the CZK 40 million capital gains cap, and increasing R&D allowances. The Czech Republic’s Chamber of Deputies is reviewing a draft legislation on the"Act on Single Monthly Employer
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Australia: ATO grants 12-month extension for Not-for-Profits to update governing documents for tax exemption compliance
The extension applies to NFPs that have not distributed income or assets to members while it is operating and winding up. The Australian Taxation Office (ATO) announced on 2 June 2025, a 12-month extension for self-assessing income tax exempt
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Netherlands: Tax Administration clarifies domestic withholding exemption may apply to outbound dividends despite treaty ineligibility
The Tax Administration has clarified its position on whether dividends can qualify for a withholding tax exemption under Article 4(2) of the Dividend Withholding Tax Act if they don’t qualify for treaty benefits. The Dutch Tax Administration
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Cyprus imposes new defensive tax rules on payments to low-tax and non-cooperative jurisdictions
Cyprus has published Laws No. 47(I)/2025 and No. 48(I)/2025 in the Official Gazette on 16 April 2025. These laws introduce updated defensive measures on outbound payments of dividends, interest, and royalties to non-cooperative or low-tax
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