Turkey approves agreement on exchange of GloBE information returns (GIR MCAA)
Turkey has approved the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA), reinforcing its participation in the international framework supporting the global minimum
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Greece consults on omnibus bill covering tax debt, gaming tax and social support measures
Greece's Ministry of National Economy and Finance has launched a public consultation on a draft omnibus bill that would introduce tax, social welfare and regulatory measures aimed at addressing economic pressures and supporting household
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Spain issues two technical guides for B2B e-invoicing system
Spain's Tax Authority (AEAT) on 1 June 2026 published two technical documents—the Ministerial Order Project for the Public Electronic Invoicing Solution (SPFE) and Public Electronic Invoicing Solution (SPFE) Technical Aspects—setting out the
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India: Supreme Court rules GST applies to full value of stakes in online gaming, casinos
The Indian Supreme Court has delivered a ruling on the Goods and Services Tax (GST) treatment of online gaming, fantasy sports and casino activities, holding that GST is payable on the entire value of stakes or bets placed by participants rather
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Luxembourg updates Pillar Two FAQs with new registration, GIR filing guidance
The Luxembourg Administration of Direct Tax (ACD) has released an updated Frequently Asked Questions (FAQs) document on the Pillar Two global minimum tax rules introduced under the Law of 22 December 2023 (the Pillar Two Law), providing further
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OECD: Asia Tax Transparency Progress drives EUR 1.6 billion in additional revenue
The OECD released the Tax Transparency in Asia 2026: Asia Initiative Progress Report on 6 June 2026, highlighting tax transparency achievements across the region that contributed an additional EUR 1.6 billion in tax revenue in 2025. Further
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Taiwan revises tax collection period calculation after court ruling
Taiwan’s National Taxation Bureau of the Northern Area, Ministry of Finance, announced that effective 25 June 2025, for cases where taxpayers file administrative remedies regarding taxes or fines and execution is deferred according to law, the
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OECD releases technical fixes for global information return (GIR) implementation ahead of first filing cycle
The OECD/G20 Inclusive Framework has published practical guidance to smooth the rollout of the Global Information Return (GIR), the standardised reporting mechanism that enables tax administrations to exchange multinational enterprise data and
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Hong Kong: IRD expands business tax portal access for non-Hong Kong company representatives
The Hong Kong Inland Revenue Department has announced enhancements to the Business Tax Portal (BTP), expanding access to allow authorised representatives of non-Hong Kong companies, as well as additional eligible individuals acting as Responsible
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US: IRS and Security Summit partners announce new framework to better protect taxpayers and tax revenue from fraud
The US Internal Revenue Service (IRS) and Security Summit partners announced on 8 June 2026 that a restructuring of the public-private partnership is designed to strengthen protections and enhance information sharing across the tax system. The
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Australia: ATO updates public CbC reporting guidance
The Australian Taxation Office (ATO) issued new guidance on public country-by-country (CbC) reporting on 9 June 2026. Australia's public CbC reporting rules apply to reporting periods commencing on or after 1 July 2024, with reports required to be
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Denmark: Tax Authority denies automatic tax deferral on share exchange without proper asset valuations
Denmark’s tax agency issued a binding ruling on 4 June 2026 addressing the tax treatment of a proposed share exchange by a family-owned business group. In Tax Council Binding Answer No. SKM2026.264.SR, the authority clarified when such
See MoreUS: Judge blocks Trump-era restrictions on clean energy tax credits
A US federal judge has overturned a Trump administration policy that had tightened requirements for renewable energy developers to claim federal tax incentives. US District Judge Colleen Kollar-Kotelly ruled on Saturday, 6 June 2026, that the
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OECD opens registration for Tax and Development Days 2026
The OECD has announced that registration is now open for the OECD Tax and Development Days 2026, a virtual event scheduled for 17 and 18 June 2026. This event provides an update on OECD initiatives to strengthen tax capacity, enhance tax policy,
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Rwanda issues VAT collection rules for digital, online supplies
Rwanda’s government has published Ministerial Order No. 004/26/10/TC of 29 April 2026 in the Official Gazette No. Special of 29/04/2026, which introduces several key changes and measures regarding Value Added Tax (VAT) on online services,
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Bangladesh to introduce major tax relief package to boost investment, to reduce AIT and VAT across various sectors
The Bangladesh government is preparing sweeping tax cuts across multiple sectors in its upcoming 2026-27 budget, designed to make Bangladesh a more attractive investment destination. The push includes reduced advance income tax (AIT) rates, slashed
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US: IRS details agency activities in fiscal year 2025 Data Book
The US Internal Revenue Service (IRS) issued the 2025 Data Book on 5 June 2026, detailing the agency’s activities during fiscal year 2025. The report provides a statistical overview of the agency’s operations and the work employees performed to
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Belgium aligns with OECD’s common understanding on centralised filing, exchange of GIR
The OECD released the common understanding of implementing jurisdictions on the centralised filing and exchange of the GloBE Information Return (GIR) on 18 May 2026. 33 of the 37 implementing countries, which impose a reporting obligation from the
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