Romania: MoF launches blockchain-based fiscal receipt system to combat tax fraud
Romania’s Ministry of Finance, in a press release on 26 February 2026, announced that it is rolling out BF-CHAIN, an innovative project using blockchain technology to revolutionise how fiscal receipts from electronic cash registers are managed and
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Bulgaria enacts crypto-asset reporting framework, automatic exchange of financial account information
Bulgaria has published Decree No. 61 of 25 February 2026, enacting the law ratifying the Multilateral Competent Authority Agreement on Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA) and the Addendum to the
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Singapore: GST e-invoicing mandatory for all businesses by 2031, phased rollout begins 2028
The Inland Revenue Authority of Singapore (IRAS) announced, on 26 February 2026, plans to extend the GST InvoiceNow requirement to all GST-registered businesses by April 2031. The move, revealed during the Ministry of Finance Committee of Supply
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US: IRS introduces online portal for reporting tax scams
The US Internal Revenue Service (IRS) announced the launch of a new web page on 26 February 2026 that allows taxpayers to confidentially report suspected tax fraud, scams, evasion, or other tax-related illegal activities, as well as internal-facing
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Qatar: GTA warns against fraudulent messages impersonating the authority
Qatar’s tax authority, the General Tax Authority (GTA), in a press release on 25 February 2026, has warned of fraudulent messages on 25 identified as being circulated via email and text messages, impersonating the Authority and containing
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Malaysia: IRB opens 2025 corporate income tax return submission
Malaysia’s tax authorities, the Inland Revenue Board of Malaysia (IRB), have announced that income tax return filing has been open since yesterday, 1 March 2026, for the 2025 year of assessment. All individual and non-individual taxpayers must
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Italy releases final versions of 2026 tax return forms
Italy’s tax authorities announced that the final versions of Italy's 2026 tax declaration forms are now available following ministerial approval on 27 February 2026. These forms—including the 730, Income Tax, CNM, 770, and IRAP—will be used to
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UK: HMRC updates guidance on qualified IIR, QDMTT jurisdictions
UK’s Tax Authority, HM Revenue & Customs (HMRC) has issued an updated notice specifying jurisdictions with a qualified income inclusion rule (IIR) and/or a qualifying domestic top-up tax (QDMTT) that meets safe harbour standards. The
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Ireland: Share scheme returns for 2025 due in March 2026
Irish Revenue has issued eBrief No. 039/26 on 27 February 2026, reminding customers that the deadline for the share reporting obligation in respect of the return year 2025 is 31 March 2026. Failure to make a return by the due date may attract
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Taiwan reminds taxpayers to report auctioned property
Taiwan’s Southern District National Taxation Bureau of the Ministry of Finance has clarified that individuals whose real estate is auctioned by the court are required to report the transaction for consolidated housing and land tax, even if no
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Georgia introduces reporting obligations for international controlled transactions exceeding GEL 500,000
Georgia has issued Order No. 52 of 24 February 2026, in the Official Gazette, establishing a new annual obligation to report information on international controlled transactions. The order introduces a mandatory reporting requirement for entities
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Ukraine: MoF consults transfer pricing reform bill
Ukraine’s Ministry of Finance (MoF) opened a public consultation on a draft law titled “On Amendments to the Tax Code of Ukraine Regarding Further Improvement of Transfer Pricing Rules” on 24 February 2026. The draft was prepared with the
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Sweden: Parliament cuts VAT on food to support households
Sweden’s parliament (Riksdag) has approved the government’s proposal to temporarily reduce the value-added tax (VAT) rate on food from 12% to 6%. This announcement was made on 25 February 2026. The measure aims to ease household expenses
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France updates 2026 rates for flat-rate tax on network enterprises
The French government has updated the rates for the flat-rate tax on network enterprises (IFER) for the 2026 tax year. This announcement was made on 25 February 2026. Under Section II of Article 1635-0 quinquies of the General Tax Code (CGI),
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Colombia sets guidelines for importation of single-use plastics
Colombia’s Ministry of Environment and Sustainable Development, together with the National Tax and Customs Directorate (DIAN), issued guidelines on 26 February 2026, clarifying the application of the national tax on imported single-use plastic
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IMF press briefing on US economy looks at tax and trade issues
On 25 February 2026 the IMF held a press briefing to discuss the issues raised by the article IV report on the US economy. The IMF emphasised that the US economy will continue to grow strongly in 2026 and 2027. US private sector entrepreneurs and
See MoreIMF Report on US Recommends Tax and Duty Changes
On 25 February 2026 the IMF issued a report following consultations with the US under Article IV of the IMF’s articles of agreement. The IMF notes that the US economy performed well in 2025 and economic growth reached 2.2% by the end of 2025.
See MoreIMF Country Focus Examines Canada’s Internal Barriers to Trade
On 27 January 2026 an IMF Country Focus looked at opportunities for Canada to increase growth by removing internal barriers to trade. The Country Focus with the title Canada Can Grow Faster by Unlocking Its Own Market, written by F Diez and Y. Yang,
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