South Africa: SARS to launch global minimum tax registration on efiling in March 2026
The South African Revenue Service (SARS) will roll out registration and notification functionality for the Global Minimum Tax (GMT) through its eFiling platform on 16 March 2026. This announcement was made on 19 December 2025. The move forms
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Taiwan: Tax Bureau clarifies R&D investment tax credit rules
Taiwan’s Northern Taiwan National Taxation Bureau of the Ministry of Finance has stated that research and development (R&D) expenditures eligible for investment tax credits must be traceable, while routine testing costs are excluded from the
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Russia: Government approves list of budget expenditures using digital ruble
Russia’s government has approved a list of budget expenditures eligible for execution with the use of the digital ruble beginning in 2025. This announcement was made on 18 December 2025. The list was developed under Federal Law No. 303-FZ of
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Taiwan: MoF reminds businesses that prices must include VAT, uniform invoices are mandatory
Taiwan Northern Area National Taxation Bureau of the Ministry of Finance (MOF) stated that when business operators sell goods or services, the listed prices of taxable items must include value-added tax (VAT). Uniform Invoices must be issued in
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Germany: Bundesrat approves Tax Amendment Act 2025
The Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Steueränderungsgesetz 2025) on 19 December 2025, providing tax relief measures for individuals and other technical amendments to various tax laws. Income tax: Increase in
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Austria: Bundesrat approves Tax Amendment Act 2025
Austria’s Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Abgabenänderungsgesetz 2025) on 18 December 2025. The act updates several tax laws and ensures national legislation aligns with EU requirements. It also aims to
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Luxembourg: Parliament approves DAC9 implementation bill
Luxembourg’s Chamber of Deputies (Parliament) adopted, in first reading on 17 December 2025, a bill to transpose the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC9, 2025/872) into national law. The bill establishes
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Australia to implement crypto-asset reporting framework (CARF) from 2027
The Australian government announced in its Mid-Year Economic and Fiscal Outlook (MYEFO) 2025-2026 that it will implement the OECD Crypto Asset Reporting Framework (CARF) for the automatic exchange of tax relevant information on crypto assets,
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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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Kenya: KRA releases list of jurisdictions for common reporting standards
The Kenya Revenue Authority (KRA) advised in a public notice on 19 December 2025 that under Regulation 2 of the Tax Procedures (Common Reporting Standards) Regulations, 2023, and the Commissioner’s powers under the Tax Procedures Act, Cap 469B,
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Poland: MoF clarifies changes to electronic submissions to tax authorities, KAS
Poland’s Ministry of Finance announced on 19 December 2025 that starting 1 January 2026, applications submitted via ePUAP by individuals or entities that are not public bodies to tax authorities or KAS will no longer be legally
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UAE: MoF confirms cabinet approval of reverse charge VAT for scrap metal trade
UAE’s Ministry of Finance (“MoF”) has announced on 19 December 2025 the issuance of Cabinet Decision No. 153 of 2025 regarding the application of the reverse charge mechanism on trading of metal scrap between registrants in the UAE, effective
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Belgium announces VAT e-Invoicing measures from 2026
Belgium’s tax authority (SPF Finances) announced on 19 December 2025 that all Belgian companies subject to VAT must use electronic invoicing with each other from 1 January 2026. The draft law includes several measures concerning this mandatory
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Lithuania: VMI allows companies to register for sweetened beverage excise duty
Lithuania’s tax authority, the State Tax Inspectorate (VMI) announced on 17 December 2025 that companies producing or importing non-alcoholic sweetened beverages or their concentrates from other EU countries must register as excise duty payers
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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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Taiwan clarifies CFC financial statement deadline applications
The Northern Taiwan National Taxation Bureau of the Ministry of Finance stated that, in line with international anti-tax avoidance trends and to maintain tax fairness, Taiwan’s Controlled Foreign Corporation (CFC) regime has been implemented
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Ireland: Revenue updates Pillar 2 registration guidance, extends deadline
Irish Revenue has issued Revenue eBrief No. 244/25 on 18 December 2025, announcing updates to Tax and Duty Manual Part 04A-01-01A (Guidance on Pillar 2– Registration), including an extension to the Pillar 2 tax registration deadline for certain
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Denmark: Parliament approves EV tax relief
Denmark’s Parliament has passed two bills introducing tax measures to support electric vehicles (EVs), taking effect on 1 January 2026. Bill L 79 A delays the increase in registration tax for zero-emission vehicles. The tax-free threshold
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