Slovak Republic: Parliament approves third consolidation package of tax reforms, includes higher corporate taxes
Key tax changes include higher corporate and investment taxes, along with increased consumption taxes, including higher VAT on specific food products, and increased tax on online gaming. The Slovak Republic’s National Council gave its approval
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Canada: CRA simplifies tax adjustments through revised voluntary disclosures program
The VDP lets taxpayers voluntarily correct past tax errors for potential penalty and interest relief, but only for tax years overdue by at least one year. The Canada Revenue Agency (CRA) announced, on 10 September 2025, that it will update the
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Ireland: Revenue issues guidance on new E-liquid products tax
Revenue published guidance to help suppliers comply with the new E-liquid products tax starting 1 November 2025. Ireland Revenue published detailed guidance on 30 September 2025 to assist suppliers in understanding their obligations under the new
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Poland: MoF begins KSeF 2.0 API open testing ahead of mandatory e-invoicing rollout
The KSeF 2.0 API enables testing of software that facilitates the exchange of information between the National e-Invoice System and commercial invoicing systems. Poland’s Ministry of Finance has released the test (integration) environment of
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EU: Commissioner Hoekstra addresses current state of Pillar 1, 2
The European Commissioner Wopke Hoekstra responded that the European Commission notes Canada’s decision to suspend its digital services tax but considers it a sovereign matter and will not comment further. The European Parliament released a
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OECD: Australia, Belgium, Netherlands, New Zealand revise arbitration rules under BEPS MLI
Part VI of the MLI enables jurisdictions that opt in to implement mandatory binding arbitration to resolve disputes arising under tax treaties. The OECD has released updated arbitration profiles for Australia, Belgium, Netherlands, and New
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US: IRS extends filing, payment deadlines for taxpayers impacted by ongoing conflict in Israel
IRS is providing separate but overlapping relief to taxpayers who may be unable to meet a tax-filing or tax-payment obligation, or may be unable to perform other time-sensitive tax-related actions. The US Internal Revenue Service (IRS) announced,
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US: Treasury, IRS issue guidance on rural opportunity zone investments under the One, Big, Beautiful Bill
The guidance provides clarification on rural Qualified Opportunity Zone investments, which offer tax incentives to encourage economic growth and job creation in underserved areas. The US Department of the Treasury and the Internal Revenue Service
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Poland: Senate approves bill simplifying reporting requirements to secure corporate tax exemption for holding companies
The bill eliminates the requirement for Polish Holding Companies (PSKs) to submit a formal declaration of intent to apply for a CIT exemption on income from share disposals. Poland's Senate (upper house of the parliament) approved a bill amending
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US: IRS issues interim guidance on corporate alternative minimum tax (CAMT)
The two notices, Notice 2025-46 and Notice 2025-49, on 30 September 2025, provide interim guidance on the corporate alternative minimum tax (CAMT). The US Internal Revenue Service (IRS) issued two notices, Notice 2025-46 and Notice
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Greece updates FY 2024 noncooperative tax jurisdictions list
The classification is made under Article 65 of the Greek Income Tax Code (GITC) and covers states, jurisdictions, overseas territories, and territories under special association or dependency regimes. Greece’s Minister of Finance (MOF)
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Saudi Arabia: ZATCA sets criteria for 24th wave of e-invoicing integration
ZATCA clarified that it will notify all businesses in the 24th group to prepare for linking and integrating their e-invoicing systems with the Fatoora system by 30 June 2026. The Zakat, Tax and Customs Authority (ZATCA) has defined the criteria
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Peru: BEPS MLI enters into force
Peru’s BEPS MLI entered into force on 1 October 2025 to curb tax treaty abuse and base erosion by multinationals. The Multilateral Convention on Tax Treaty Measures to Counter Base Erosion and Profit Shifting (MLI) has entered into force in
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Zambia: Government presents 2026 budget, proposes VAT refund incentives for energy sector
The national budget for 2026 proposes amendments to key tax laws to enhance revenue, provide targeted relief, promote equity, support economic formalisation, and align with international standards. Zambia’s Minister of Finance and National
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Pakistan: FBR extends 2025 corporate income tax return deadline
The extension has been granted in response to requests made by various trade bodies, tax bar associations and the general public. Pakistan’s Federal Board of Revenue (FBR) announced, on 30 September 2025, that the deadline for filing of
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Chile: SII announces filing deadlines for FY 2026 annual tax return forms
Chile’s Tax Authority (Servicio de Impuestos Internos – SII) has issued Resolution Ex. SII No. 123-2025 on 25 September 2025, announcing the official filing schedule for annual tax return forms due in fiscal year (FY) 2026. Annual tax
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Czech Republic abolishes withholding tax on select employment earnings
The bill eliminates the withholding tax on select employment income from 1 January 2027. The Czech Republic published a bill in the Official Gazette (Regulation 360/2025 Coll.) on 29 September 2025, eliminating the withholding tax on select
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Mexico updates list of registered non-resident digital service providers
Under the rules, which have applied since 1 June 2020, non-resident digital service providers must register with the Federal Registry of Taxpayers (RFC) to supply services to Mexican users. The Mexican Tax Administration (SAT) issued Official
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