Romania introduces 3% incentive on 2025 direct tax liabilities
Romania’s Ministry of Finance has released draft legislation on 5 February 2026 proposing a 3% tax incentive for 2025, applicable to corporate income tax and microenterprise income taxes, which can also be used to offset other tax
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Australia: ATO confirms formalisation of GIR MCAA agreement
The Australian Taxation Office has updated its global and domestic minimum tax guidance on 9 February 2026 to reflect Australia's signing of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information Return (GIR MCAA), which
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Malaysia publishes domestic top-up tax guidelines, updates global minimum tax FAQs
Malaysia's Inland Revenue Board has updated its Pillar 2 Global Minimum Tax guidance with new Guidelines on Domestic Top-up Tax implementation in Malaysia and an updated FAQ, both on 3 February 2026. The GMT requirements apply for fiscal years
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​​Qatar: GTA introduces global, domestic minimum tax framework
Qatar’s General Tax Authority (GTA) announced that it has implemented global and domestic minimum tax rules aligned with international standards through Cabinet Resolution No. (2) of 2026, published in the Official Gazette on 12 February
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Singapore: 2026 budget proposes short-term corporate tax relief, longer-term structural reforms
Singapore's Prime Minister and Minister for Finance, Lawrence Wong, has delivered the FY2026 Budget Statement in Parliament on 12 February 2026, setting out a package of measures aimed at supporting businesses amid cost pressures while advancing
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Romania: MOF proposes deferred tax accounting rules within GloBE framework
Romania's Ministry of Finance has issued a draft order on 9 February 2026 detailing how constituent entities subject to Law 431/2023 should account for deferred tax under the Minimum Taxation Directive (2022/2523). Entities applying Romanian
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ICC: Economic Impact of UN Model Article 12AA on Cross-Border Services
A report released by the International Chamber of Commerce (ICC) on 3 February 2026 assesses the potential economic impact of the new UN Model Article 12AA on taxation of cross-border services. The new services article was designed to strengthen
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WHO: Report on Taxes on Sugar Sweetened Beverages
On 13 January 2026 the World Health Organisation (WHO) released the Global Report on the Use of Sugar-Sweetened Beverage Taxes 2025. The report looks at taxes applied to sugar-sweetened beverages (SSBs) in 2024 at the global level. The report
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WHO: Global Report on the Use of Alcohol Taxes 2025
On 13 January 2026 the World Health Organisation (WHO) released the Global Report on the Use of Alcohol Taxes 2025. The report looks at the taxes applied to alcoholic beverages in 2024, compares their design and measures tax levels across countries
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Turkey clarifies tax rules for inflation-adjusted investment accounts
Turkey’s Ministry of Treasury and Finance has issued a new Tax Procedure Law Circular (VUK-196/2026-2) on 9 February 2026, outlining how inflation adjustment differences in the Investments-in-Progress account will be treated for tax
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Honduras: SAR issues 2026 individual income tax brackets
The Honduras Revenue Administration (SAR) has issued SAR Notice 02-2026, setting out the Progressive Income Tax (ISR) brackets and rates for individuals for the 2026 fiscal year. Under the notice, annual net taxable income up to HNL 228,324.32
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Malta introduces excise duty on nicotine pouches from April 2026
Malta’s government issued Legal Notice 38 of 2026 on 6 February 2026, amending the Excise Duty Act, Chapter 382 of the laws of Malta, to introduce excise duty on nicotine pouches from 1 April 2026. The changes are implemented through the Excise
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Albania shortens tax amendment deadlines, updates VAT procedures
The Albanian government has approved amendments to the Income Tax Law and VAT Law under Law No. 79/2025, published on 15 January 2026. The standard period for amending annual individual income tax returns has been reduced from 36 to 24 months.
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Venezuela enacts hydrocarbons law reform with new tax, royalty regime
Venezuela issued the Reform of the Organic Hydrocarbons Law in Extraordinary Official Gazette No. 6,978, dated 31 January 2026, on 29 January 2026. Key tax reforms are summarised as follows: Integrated hydrocarbons levy A new levy on
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Argentina regulates tax innocence regime, exempts interest on dollar deposits from withholding tax
Argentina’s tax authority (ARCA) announced on 9 February 2026 that it implemented its Tax Innocence Regime through Law No. 27799, marking a fundamental shift away from decades of restrictive taxation that forced millions into the informal economy.
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Spain extends select depreciation incentives, higher simplified VAT threshold through 2026
Spain issued Royal Decree-Law 2/2026 on 3 February 2026, reintroducing several measures that had been extended under the now-repealed Royal Decree-Law 16/2025 of 23 December 2025. Housing and eviction protections Eviction Suspension:
See MoreRomania: MoF unveils comprehensive economic recovery plan
Romania's Ministry of Finance has published a comprehensive fiscal and investment package on 9 February 2026, designed to accelerate economic recovery and modernise the country's tax framework. Earlier, the Ministry of Finance published a draft
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Germany enacts law to strengthen financial sector, promote private investments
Germany published the Act on the promotion of private investment and the financial sector in the Official Gazette (BGBl. I 33/2026) on 9 February 2026 . The Act aims to strengthen Germany’s financial sector and encourage private investment through
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