Hong Kong: Government introduces regulatory framework for basketball betting
The new basketball betting legislation is based on the existing system for football betting and takes effect upon publication in the official gazette. The Hong Kong SAR (HKSAR) government enacted the Betting Duty (Amendment) Bill 2025 on 11
See More
Georgia expands BEPS MLIs coverage with 22 new tax treaties
Georgia's Parliament Foreign Relations Committee approved ratifying several international agreements, including an update to Georgia's MLI reservations and notifications originally submitted on 29 March 2019. The Foreign Relations Committee of
See More
Ukraine: Parliament considers tax on digital platform income
The draft proposes a 5% individual income tax for qualifying Ukrainian resident sellers. Ukraine’s parliament is reviewing draft law No. 14025 on 9 September 2025, which will tax income earned by individuals through online platforms. The
See More
Poland reduces interest rates on tax arrears, late payments
MOF issued a notice on 12 September updating the interest rates. Poland’s Ministry of Finance (MOF) issued a notice on 12 September 2025 updating the interest rates applicable to tax arrears and late payments. The standard rate will
See More
Russia: Bank of Russia reduces key interest rate
Further decisions on the key rate will be made depending on the sustainability of the inflation slowdown and the dynamics of inflation expectations. The Bank of Russia announced, on 12 September 2025, a cut to the key interest rate by 100 basis
See More
US: Treasury, IRS adds 39 substances to superfund list subject to excise taxÂ
These additions will generally take effect for tax purposes starting 1 January 2026, while the specific effective dates for refund claims under section 4662(e) are detailed individually for each substance. The US Treasury Department and Internal
See More
Korea (Rep.): National Assembly proposes longer carryforward period for unused tech investment credits
The National Assembly is reviewing a bill to extend investment tax credit carryforwards from 10 to 20 years, effective retroactively from 2026. The Korean National Assembly is considering Bill No. 2212902Â which proposes extending the
See More
Finland: MoF consults DAC9 reporting rules
The consultation is set to conclude on 26 September 2025. Finland’s Ministry of Finance has initiated a public consultation on 15 September 2025 for the implementation of the Amending Directive to the 2011 Directive on Administrative
See More
Australia: Treasury consults draft rules for critical minerals production tax incentive
The consultation ends on 10 October 2025. Australia’s Treasury has initiated a public consultation on draft regulations aimed at clarifying elements of the Critical Minerals Production Tax Incentive (CMPTI). The Income Tax Assessment (1997
See MoreUkraine sets deadline for 2024 transfer pricing report, notification
STS has announced the deadline to submit 2024 transfer pricing report and notification of participation in an international corporate group of companies. Regfollower Desk Ukraine’s State Tax Service (STS) announced on 11 September that the
See More
EU: US framework GILTI, Net CFC Tested Income regimes to operate alongside Pillar 2
The EPRS "At a Glance" note (15 September 2025) reports that under the G7 Statement, US-parented groups will be excluded from Pillar 2’s IIR and UTPR, with US GILTI and Net CFC Tested Income rules applying alongside the global minimum tax
See More
Netherlands: Government presents 2026 budget, outlines main tax measures
The plan introduces technical updates and minor adjustments to income tax, wage tax, corporate tax, motor vehicle tax, heavy vehicle tax, and environmental taxes. The Dutch government unveiled the 2026 Budget along with the Tax Plan on 16
See More
Oman: OTA launches tax refund services on e-portal for embassies, diplomats
This initiative aligns with Article 87 of the VAT Law and Article 37 of the Excise Tax Law, granting embassies and diplomatic missions the right to request refunds on qualifying goods and services. The Oman Tax Authority (OTA) announced the
See More
Bahrain: NBR updates transportation VAT guidelines
The Transportation Guide is for general information purposes only. It reflects the NBR’s current views but does not carry legal authority. The Bahraini National Bureau for Revenue (NBR) published an updated version of the Value Added Tax (VAT)
See More
Saudi Arabia gazettes implementing regulations for ‘White Land Tax’
The updated White Land and Vacant Real Estate Tax Law now covers undeveloped urban land and empty buildings to curb land hoarding and support sustainable urban growth. Saudi Arabia published the implementing regulations for the White Land Tax in
See More
UAE: FTA urges timely filing, payment of corporate tax to avoid penalties
 The FTA explained that late submission of a Tax Return or a delay in settling the Corporate Tax Payable will result in an administrative penalty of AED 500 for each month, or part thereof, during the first 12 months, increasing to AED 1,000 for
See More
France: Tax authority reminds MNEs of global minimum tax reporting requirement
Failure to e-file Form n°2065-INT-SD may result in a fine of EUR 50,000 under Article 1729 F bis of the French Tax Code (CGI). The French tax authority issued a notice on 12 September 2025 reminding French entities that are part of a
See More
Sweden: Government considers reducing VAT on dance events in 2026 budget
The government plans to reduce the VAT rate for admission to dance events to 6% from the existing 25%. The Swedish government, in a press release on 13 September 2025, announced plans to lower the VAT rate for dance events as part of its 2026
See More