Romania gazettes 3% tax incentive procedure for micro-enterprises
Romania's Ministry of Finance published Order No. 987/2026 (issued on 3 August 2026) in the Official Gazette (Monitorul Oficial) No. 678 on 17 August 2026, establishing the detailed procedure and forms for implementing a 3% tax bonus on the 2025
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Hungary: Central Bank cuts base interest rate
Hungary’s National Tax and Customs Administration (NAV) announced on 25 August 2026 that the Hungarian National Bank reduced its base interest rate from 5.75% to 5.50%, effective 26 August 2026. The rate was previously cut from 6.00% to 5.75%
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Brazil: RFB launches new digital tax audit targeting PIS/Cofins discrepancies
Brazil's tax authority (RFB) announced it rolled out a new round of the Digital Tax Audit (MFD) on 27 August 2026, focused on insufficient PIS/Cofins declarations. The initiative gives taxpayers a window to self-correct discrepancies in their social
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Argentina: ARCA launches digital system for investment incentives
Argentina’s tax administration (ARCA) announced on 27 August 2026 that it activated the Investment Management System (SGI), a web platform for registering investment projects, selecting tax benefits, and administering the Incentive Regime for
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Romania launches tech incentive and grants scheme for AI, biotech, green energy
Romania published Government Decision (GD) No. 643/2026 in the Official Gazette (Monitorul Oficial, Nr. 699) on 24 August 2026, establishing the "TechUp Romania" state aid scheme. Approved by the Government on 20 August 2026, the scheme
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Qatar: GTA publishes six Pillar Two decisions establishing minimum tax compliance framework
Qatar published six General Tax Authority (GTA) decisions in Issue 14 of the Official Gazette on 27 August 2026, setting out rules for implementing the Pillar Two global minimum tax framework. A primary focus is the Ministry of Foreign Affairs'
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Bosnia and Herzegovina: Federation permits employers to pay tax-free monthly assistance through January 2027
The Federation of Bosnia and Herzegovina (FBiH) has amended the Rulebook on the Application of the Law on Personal Income Tax to allow employers to grant employees a monthly, tax-exempt financial assistance payment of up to BAM 300, available until
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UAE: FTA sets input VAT verification requirements from October
The UAE Federal Tax Authority has issued Decision No. 13 of 2026 on 22 July 2026, establishing due diligence requirements for Taxable Persons seeking to deduct Input Tax. The Decision applies to the verification of the validity and integrity of
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Lithuania proposes framework for assessing R&D activities under corporate tax incentives
Lithuania has proposed amendments to the Law on Corporate Income Tax that would establish a legal framework for assessing whether activities qualify as research and experimental development works (R&D) for the purposes of applying corporate
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Switzerland updates list of jurisdictions for automatic exchange of financial information
The State Secretariat for International Finance (SIF) has updated Switzerland's list of jurisdictions for the automatic exchange of financial account information, reclassifying Trinidad and Tobago as a reciprocal jurisdiction, according to a notice
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Thailand extends reduced VAT rate until September 2027
Thailand has extended its reduced Value-Added Tax (VAT) rate of 6.3% for another year, from 1 October 2026 to 30 September 2027. Including the 0.7% local government allocation, the effective VAT rate remains 7% on sales of goods, provision of
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Dominican Republic: DGII expands mandatory electronic invoicing
The Dominican Republic’s General Directorate of Internal Taxes (DGII) has announced, on 26 August 2026, that taxpayers classified as Large Local and Medium must exclusively issue electronic invoices using sequences of electronic tax receipts
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Ireland: Revenue issues new guidance on crypto-asset reporting
Irish Revenue has published eBrief No. 121/26 on 24 August 2026, introducing Tax and Duty Manual Part 38-03-38 - Guidance on reporting obligations of Reporting Crypto-Asset Service Providers. The newly created guidance explains how the reporting
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Lithuania proposes 200% corporate tax deductions for investments in select advanced technologies
Lithuania is proposing a 200% tax deduction for companies investing in certain advanced technologies under draft amendments to the Law on Corporate Profit Tax published on 25 August 2026. The proposal would allow entities implementing investment
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Saudi Arabia: ZATCA sets out tax, customs rules for SEZs
Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) has issued a new guide outlining the tax and customs treatment for businesses operating in the country’s four Special Economic Zones (SEZs), along with the compliance requirements
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Taiwan announces opening of provisional tax filing window for 2026 tax year
The Northern Region National Taxation Bureau of the Ministry of Finance announced on 25 August 2026 that profit-making enterprises using the calendar year as their accounting year must file provisional income tax returns for the 2026 fiscal year
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US: IRS retires FIRE system, requires transition to IRIS before 2027 tax season
The US Internal Revenue Service (IRS), in a release on 24 August 2026, has reminded information return filers who currently use the Filing Information Returns Electronically (FIRE) system to prepare now for the system’s retirement and transition
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Croatia proposes VAT overhaul to implement EU Digital Age directive
The Croatian Ministry of Finance has issued draft legislation proposing amendments to the VAT Act to partially implement Council Directive (EU) 2025/516, known as VAT in the Digital Age (ViDA), and align Croatia’s VAT framework with EU
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