Romania: ANAF consults Globe Information Return (GIR), notification
Romania’s tax authorities (ANAF) have launched a public consultation on a draft order regarding the approval of the format and content of the forms for the GloBE Information Return (GIR) and the Notification of the obligation to submit the GIR,
See More
Brazil: Senate passes corporate minimum tax, dividend withholding measures
Brazil’s Senate passed Bill 1087/25 on 5 November 2025, which includes various tax measures for companies regarding corporate minimum tax and withholding tax. The tax measures are as follows: Reduction rules for minimum tax Bill 1087/25
See More
Italy gazettes decree on global minimum tax return, payments
Italy’s government has published the Decree of 7 November 2025 from the Ministry of Finance in the Official Gazette on 10 November 2025. The Decree of 7 November 2025 establishes the filing and payment requirements for the global minimum tax,
See MoreOECD publishes tax information exchange peer review findings for Eswatini, Jordan, Vietnam
The OECD has unveiled new peer review reports on tax information exchange for Eswatini, Jordan, and Vietnam on 10 November 2025. The Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) published the peer
See More
Taiwan introduces business tax rules for influencers
Taiwan's Ministry of Finance's Taipei National Taxation Bureau has announced, on 13 November 2025, the implementation of new tax regulations specifically targeting individuals who earn income through online platforms, commonly known as
See More
US: Interest rates remain the same for the first quarter of 2026
The US Internal Revenue Service (IRS) announced, on 13 November 2025, that interest rates will remain the same for the calendar quarter beginning 1 January 2026. For individuals, the rate for overpayments and underpayments will be 7% per year,
See More
UAE: Government conducts first digital dirham transaction
The Ministry of Finance and Dubai Finance (DOF) have announced the execution of the UAE’s first government financial transaction using Digital Dirham, in collaboration with the Central Bank of the UAE. The transaction marks a significant step
See More
Taiwan: Ministry of Finance clarifies declaration of overseas income for households
The Taipei National Taxation Bureau of the Ministry of Finance in Taiwan stated, on 13 November 2025, that when taxpayers file their individual income tax returns, if the total amount of non-Republic of China (ROC) source income and income from Hong
See More
Taiwan: NTB clarifies scope of business tax
Taiwan’s Taipei National Taxation Bureau of the Ministry of Finance stated, on 13 November 2025, that if a business operator collects compensation or penalty fees arising from the sale of goods or services, these fall within the scope of
See More
Taiwan: NTBCA rolls out online portal for mandatory tax payments
Taiwan’s National Taxation Bureau of the Central Area (NTBCA) has announced, on 13 November 2025, that taxpayers whose taxes have been transferred to the Administrative Enforcement Agency for compulsory execution may now pay their taxes
See More
Mexico: SAT clarifies valid personal deductions for annual tax return
Mexico’s Tax Administration Service (SAT) has reminded taxpayers that they can claim personal deductions in their annual tax return for each fiscal year, provided the expenses meet all applicable requirements. This announcement was made on 10
See More
Turkey: Revenue Administration cuts late payment, deferred tax interest rates
Turkey’s Revenue Administration announced on 13 November 2025 that it had reduced both the monthly interest on late tax payments and the annual interest on deferred taxes. Under Presidential Decision No. 10556, the monthly interest rate for
See More
US: IRS announces 401(k) and IRA contribution limits increases in 2026
The US Internal Revenue Service (IRS) announced an increase in 401(k) and IRA contribution limits for 2026 on 13 November 2025. The amount individuals can contribute to their 401(k) plans in 2026 has increased to USD 24,500, up from USD 23,500
See More
Poland: Sejm adopts Crypto-Asset Market Act, introduces rules to protect clients and investors
Poland’s Ministry of Finance announced, on 13 November 2025, that the lower chamber of parliament (Sejm) had adopted the Crypto-asset Market Act on 7 November 2025. The adopted solutions aim to enhance the security of cryptocurrency issuance
See More
OECD: Carbon pricing mechanisms are evolving to meet a broader range of policy objectivesÂ
The OECD announced the release of a report, “Effective Carbon Rates 2025: Recent trends in taxes on energy use and carbon pricing on 13 November 2025, which presents information on how countries are using carbon taxes, emissions trading systems
See More
Australia: ATO issues guidance for private groups seeking to claim debt deductions
The Australian Taxation Office has released guidance on 14 November 2025, offering practical tips for private groups seeking to claim debt deductions. When preparing a tax return, private groups must make sure they check if the thin
See More
UK: HMRC clarifies which business expenses are deductible when calculating corporate tax
The UK’s HM Revenue & Customs (HMRC) issued guidance on 11 November 2025, explaining which business expenses companies can deduct when calculating their corporate tax. The guidance confirmed that businesses can deduct revenue expenses, also
See More
Brazil extends tax payment deadlines for Rio Bonito do Iguacu, ParanaÂ
Brazil’s Federal Revenue Service (RFB) has issued an Ordinance on 13 November 2025, extending the deadlines for the payment of federal taxes, including instalment payments, and fulfilling ancillary obligations. The measure also suspends
See More