Bangladesh: NBR considers further extension for PIT filing deadline
Bangladesh’s National Board of Revenue (NBR) Chairman Md Abdur Rahman Khan has hinted that the deadline for submitting online income tax returns could be extended as a large portion of registered taxpayers have not yet filed digitally. He said
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UN: 31st Session of Committee of Experts on Tax Cooperation
The UN Committee of Experts on International Cooperation in Tax Matters held its 31st session from 21 to 24 October 2025. This was the first meeting of the new membership of 25 tax experts appointed for a four-year term from 2025 to 2029. The new
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Hungary updates 2608 tax return form, aims to enhance transparency and data accuracy
Hungary’s National Tax and Customs Administration (NAV) has published draft amendments for the monthly tax and contribution return (Form 2608) on 18 December 2025. The form, which covers taxes and contributions related to payments and benefits, is
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Finland: Parliament adopts budget for 2026
Finland’s parliament concluded its deliberations and voting on the 2026 Budget on 19 December 2025. The key tax measures, including the reduced corporate tax rates and the 2026 income tax schedule, have been adopted. The single reading of the
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Slovenia: Ministry of Finance publishes 2026 personal income tax brackets, allowances
Slovenia’s Ministry of Finance has published the Regulations on personal income tax for 2026, establishing new brackets and relief measures. Progressive tax rates The progressive tax rates will apply to annual income as
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Chile: Tax Authority updates Second Category Income Tax parameters for January 2026
Chile’s tax authority (Servicio de Impuestos Internos – SII) has issued Circular No. 67 of 10 December 2025, confirming the Second Category Income Tax values and calculation tables to be applied in January 2026. The guidance, which marks the
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Zambia: ZRA opens voluntary disclosure programme to taxpayers
The Zambia Revenue Authority (ZRA) has issued a Public Notice to inform taxpayers about the availability of the Voluntary Disclosure Programme (VDP) on 12 December 2025, offering relief from penalties and interest on amounts voluntarily
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Portugal: Parliament publishes 2026 state budget law, expands scope of reduced VAT rate
Portugal’s parliament has published the final text of the 2026 State Budget Law on 12 December 2025, after it was approved by the parliament on 27 November 2025. The final version of the budget law largely mirrors the initial proposals;
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Vietnam: National Assembly approves revised personal income tax law
Vietnam’s National Assembly approved an amended Personal Income Tax Law on 10 December 2025, introducing changes to the country’s tax structure. The legislation reduces the number of tax brackets from seven to five. The new monthly taxable
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Tunisia gazettes 2026 Finance Law, includes presumptive tax regime for small businesses
Tunisia has published the Finance Law for 2026 (Law No. 2025-17) in the Official Gazette on 12 December 2025, setting out a wide-ranging package of tax and fiscal measures aimed at strengthening public finances while supporting targeted sectors of
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Turkey: Government revises population thresholds for simple method taxation
The Turkish government has revised exemptions under the upcoming individual income tax (IIT) real taxation regime through Presidential Decision No. 10679, published on 11 December 2025. The change updates population thresholds for settlements that
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Greece enacts law introducing strategic investment incentives, 100% deduction for defence
Greece has passed Law 5246/2025, “Tax Reform for Demographics and the Middle Class – Support Measures for Society and the Economy”, following parliamentary approval on 7 November 2025. The law introduces broad tax reforms, including
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Costa Rica: MoF announces 2026 corporate tax rates
Costa Rica's Ministry of Finance has published Executive Decree No. 45333-H on 5 December 2025, setting the corporate income tax rates for 2026. The Decree also enlists the individual income tax brackets and rates for 2026. Corporate Income Tax
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Sri Lanka: IRD further extends income tax deadline due to cyclone Ditwah
Sri Lanka’s Inland Revenue Department (IRD) has further extended the deadline for submitting Income Tax Returns for the 2024/2025 assessment year to 31 December 2025. The extension follows widespread disruption caused by Cyclone Ditwah, which made
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Malawi: MoF presents 2025-26 mid-year budget review, to introduce Minimum Alternate Tax
Malawi’s Ministry of Finance, Economic Planning, and Decentralisation (MoFEPD) presented the 2025-26 Mid-Year Budget Review Statement to the National Assembly on 21 November 2025. The 2025-26 Mid-Year Budget Review Statement proposes various
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Portugal: Parliament approves 2026 budget, lowers corporate tax rates
Portugal’s parliament has approved the new 2026 Budget Bill on 27 November 2025. The Bill will proceed to presidential promulgation, followed by the formal publication of the law. The main tax measures of the 2026 Budget Bill are the reduced
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Singapore: Government announces property tax rebate for owner-occupied homes
The Singapore Government will provide a one-off Property Tax (PT) rebate in 2026 for all owner-occupied residential properties. All one- and two-room HDB flats will continue to pay no PT. Owner-occupiers of three-room and larger HDB flats will
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Brazil gazettes minimum tax on individuals, dividend withholding tax measures
Brazil published Law No. 15.270 in the Official Gazette, enacting several tax measures for companies, including a corporate minimum tax and withholding tax on dividends, on 27 November 2025. This follows after Brazil’s Senate passed Bill
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