Vietnam cuts gasoline consumption tax
Vietnam's government has temporarily reduced the special consumption tax on all types of gasoline to 0%, effective from 1 November 2026. The reduction was set out in Resolution 45/2026/NQ-CP on 31 October 2026 and signed on behalf of the
See MoreGreece: AADE opens Pillar Two top-up tax filing through myAADE
Greece's Independent Authority for Public Revenue (AADE) announced that the myAADE application has been made available from 2 November 2026. Taxpayers can use it to submit top-up tax returns of constituent entities under Law 5100/2024 (Pillar
See MoreUkraine: Parliament passes 2027 budget draft at first reading
Ukraine's parliament has adopted the draft State Budget for 2027 (Draft Law No.16000) at first reading on 28 October 2026. The proposed budget includes an increase in the standard VAT rate to fund war-risk insurance for businesses, alongside
See MorePuerto Rico proposes corporate tax changes, transfer pricing exemptions for incentivised businesses
Puerto Rico's House of Representatives introduced House Bill 1517 (P. de la C. 1517) on 15 October 2026. The bill aims to provide greater tax flexibility for exempt businesses, establish a dedicated economic development fund to retain and attract
See MoreSouth Africa: SARS issues guide on 15% tax rate, incentives for SEZs
South Africa's tax authority, the South African Revenue Service (SARS), issued a new guide to income tax benefits in Special Economic Zones (SEZs) on 27 October 2026. The guide explains the special income tax dispensation under the Income Tax Act 58
See MoreBolivia: SIN extends RAU tax filing, payment deadline
Bolivia’s tax agency, the National Tax Service (SIN), announced on 2 November 2026 that agricultural producers now have until 30 November 2026 to file their tax returns and pay the Unified Agricultural Regime (RAU) for fiscal year 2025. The
See MoreBelgium enacts first phase of EU ViDA VAT reforms
Belgium has published the Law of 25 October 2026 in the Official Gazette on 30 October 2026. The law partially transposes Council Directive (EU) 2025/516 (VAT in the Digital Age / ViDA) into the Belgian VAT Code. The general entry into force is
See MorePoland: Senate approves PIT Changes, CIT increase for large taxpayers
The Polish Senate approved Bill No. 3147 on 27 October 2026, introducing changes to legislation amending the Personal Income Tax (PIT) Act and the Lump-Sum Tax Act. The amendments included an increase in the Corporate Income Tax (CIT) rate for
See MoreOECD releases tax transparency peer reviews for Algeria, Congo, Maldives and Uzbekistan
The OECD has released new peer review reports assessing the four countries' compliance with international standards on tax transparency and exchange of information on request: Algeria, the Republic of the Congo, the Maldives and Uzbekistan on 3
See MoreChile: SII sets tax interest and penalty waiver rules for dispute settlements
Chile’s tax authority, the Internal Revenue Service (SII) has issued Resolution No. 145 on 23 October 2026, which outlines special criteria for proposing tax interest and penalty waivers in judicial conciliations and extrajudicial
See MoreUkraine: Parliament moves to extend 50% bank profit tax
Ukraine’s Parliament has adopted draft law No. 15262 in the first reading on 27 October 2026, extending the increased 50% corporate income tax rate on bank profits through 2027. A total of 265 lawmakers voted in favour. Without the extension, the
See MoreMalaysia, Korea (Rep.) extend interest withholding tax exemption to two state institutions
The Inland Revenue Board of Malaysia (IRBM) has published a competent authority agreement with Korea (Rep.). The two governments reached the deal through an exchange of letters, dated 2 July 2026 from Korea (Rep.) and 21 July 2026 from Malaysia. The
See MoreItaly: Revenue Agency introduces tax code for agricultural fuel tax credit
Italy's tax agency, the Revenue Agency, has announced a new tax code for farm fuel credits on 3 November 2026. Diesel and petrol prices have climbed in recent months, and the credit partly offsets that increase for vehicles used in the fields and
See MoreBrazil: RFB introduces pre-audit tax debt regularisation without late payment penalties
Brazil’s tax authority, the Federal Revenue Service (RFB), announced on 3 November 2026 that it introduced a simpler way for taxpayers to settle debts without paying late payment penalties. Normative Instruction RFB 2346/2026 created the
See MoreHong Kong: LegCo to resume debate on crypto-asset tax reporting bill
Hong Kong’s Legislative Council (LegCo) will hold a meeting on 4 November 2026 in the Chamber of the LegCo Complex to address major legislative bills, public governance motions, and procedural statutory resolutions, according to a release by the
See MoreBrazil: RFB extends deadline for tax transaction applications
Brazil’s tax authority, the Federal Revenue Service (RFB), announced on 3 November 2026 that it extended the deadline to join the tax transaction options set out in RFB Transaction Notice No. 9 and RFB Transaction Notice No. 10 of
See MoreDominican Republic: DGII issues rules for transitional tax amnesty
The Dominican Republic's General Directorate of Internal Taxes (DGII) has set out the procedures, requirements and conditions for the transitory tax amnesty under Article 8 of Law No. 30-26, known as the Fiscal Reform Law. Issued on 28 October 2026,
See MoreUAE announces administrative penalties for breaches of e-invoicing system
The UAE has established the violations and administrative penalties for breaches of the Electronic Invoicing System legislation through Cabinet Decision No. 173 of 2026. Issued by Prime Minister Mohammed bin Rashid Al Maktoum on the presentation of
See More

















