Malta: MTCA publishes second edition of AEOI newsletter
Malta’s Tax and Customs Administration (MTCA) has published issue 2 of its AEOI Newsletter. The second issue highlights that MTCA has launched a redesigned website, which centralises information on international tax cooperation. The site now
See More
New Zealand: Inland Revenue consults income tax treatment of software development
New Zealand’s Inland Revenue has launched a public consultation on the income tax treatment of software development expenditure, as well as the customisation and configuration costs associated with software-as-a-service (SaaS) products 17 November
See More
European Commission publishes follow-up assessment of direction on administrative cooperation (DAC)
The European Commission has launched its second evaluation of Council Directive 2011/16/EU on administrative cooperation in taxation (the Directive on Administrative Cooperation, or DAC) on 19 November 2025. The DAC is a key legislative
See More
Belgium: Scholars assist CJEU in reviewing Pillar 2 UTPR’s compliance with EU legal standards
A group of law professors filed an amicus curiae brief on 19 November 2025 with the Court of Justice of the European Union (CJEU) concerning a question referred by the Belgian Constitutional Court on whether the Pillar 2 UTPR is compatible with EU
See More
OECD highlights achievements and obstacles in Brazil’s consumption tax reform
The OECD has published a report titled “The reform of Brazil's consumption tax system" on 10 November 2025, outlining both the milestones reached and the ongoing challenges in reforming Brazil's consumption tax system. Brazil’s 2023
See More
OECD highlights tax simplification to strengthen certainty and economic growth
The OECD has released a report titled “Enhancing Simplicity to Foster Tax Certainty and Growth” on 18 November 2025. Taxation of cross-border business activity is inherently complex for taxpayers and governments. Taxpayers operating across
See More
Hungary: Parliament proposes tax measures to ease business taxes
The Hungarian National Assembly is reviewing Bill T/13110, which aims to reduce the tax burden on businesses by introducing a range of changes to tax rules and thresholds. This legislative package, titled "Measures to Reduce the Tax Burden on
See More
EU Parliament endorses protocols to expand AEOI-CRS agreements with Andorra, Monaco, San Marino, Liechtenstein, Switzerland
The European Parliament approved Legislative Resolution Nos. P10_TA(2025)0269 (Andorra), P10_TA(2025)0270 (Monaco), P10_TA(2025)0271 (San Marino), P10_TA(2025)0272 (Liechtenstein) and P10_TA(2025)0273 (Switzerland), authorising the conclusion of
See More
Ecuador issues regulations on advance tax for undistributed profits
Ecuador has issued Executive Decree No. 191, introducing new rules for the advance payment of income tax on undistributed profits. Published in Official Gazette No. 153 on 28 October 2025, the decree sets out clear procedures for calculating,
See More
Cambodia: GDT postpones imposition of capital gains tax on select assets
Cambodia’s General Department of Taxation (GDT) announced, on 30 October 2025, that the implementation of Prakas No. 496 MEF on Capital Gains Tax (CGT), has been postponed to 1 January 2026. The postponement affects the taxation of six types of
See More
Estonia gazettes law reducing motor vehicle tax for families with children
Estonia gazetted amendments to the Motor Vehicle Tax Act on 12 November 2025, introducing new tax reductions for parents and guardians. Under the changes, adults with custody of at least one child aged 18 or younger will receive an automatic
See More
Ghana: MoF presents 2026 budget, proposes VAT reforms
Ghana's Ministry of Finance has presented the 2026 Budget Speech to parliament on 13 November 2025, introducing various tax measures, including VAT reforms. The key tax measures are as follows: VAT reforms Ghana's government is proposing
See More
Hungary: Parliament adopts revised global minimum tax, reporting regulations
Hungary’s parliament approved two bills (T/12802/7 and T/12801/12) on 18 November 2025 that introduce significant updates to the country's tax framework and reporting obligations. Among the key changes, the legislation revises Hungary’s
See More
Taiwan: Customs Administration offers reduced penalties for early tax payment on false import declarations
Taiwan’s Customs Administration has announced, on 18 November 2025, that businesses and individuals who submit false import declarations may qualify for reduced penalties if they settle taxes before the penalty is confirmed. The measure applies
See More
Russia: State Duma approves key tax policy bill, introduces incentives for businesses and individuals
Russia’s State Duma approved in its second reading of a bill outlining major directions of the country’s tax policy, incorporating proposals from businesses and government agencies, and implementing directives from the President and Government
See More
UK: HMRC urged large businesses to review of management expenses
The UK’s tax authority, HMRC has written to holding companies with overseas subsidiaries urging them to review the tax treatment of management expenses claimed where those expenses may benefit a connected party. The letters are part of an
See More
Sri Lanka: IRD reminds taxpayers of VAT deadlines
Sri Lanka’s Inland Revenue Department (IRD) issued a notice on 17 November 2025, reminding taxpayers to meet their VAT obligations for October 2025 by the prescribed deadlines. VAT payment deadline VAT payments for October must be made on
See More
Bangladesh: NBR reminds taxpayers of PIT e-return deadlines
Bangladesh’s National Board of Revenue (NBR) has reminded taxpayers to submit their income tax returns through the electronic filing system by 30 November 2025. The authority urged individuals to file early to avoid last-minute congestion on the
See More