UAE launches TAWWER portal for R&D tax credit pre-approval
The Emirates Research and Development Council (ERDC) has launched the online portal, TAWWER, for submitting research and development (R&D) projects for pre-approval under the UAE R&D tax credit programme, which applies to tax periods or
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Ukraine signs DPI MCAA to implement DAC7 rules on platform income
Ukraine’s Ministry of Finance announced that the State Tax Service, acting as the competent authority, signed the DPI MCAA on 29 October 2026. The agreement provides for the automatic exchange of information under the OECD Model Rules for
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Thailand: Cabinet approves 35% excise tax on imported EVs
The Thai cabinet approved an increase in the excise tax on fully imported battery electric vehicles to 35% from 10% on 3 November 2026, effective January 2027, Finance Minister Ekniti Nitithanprapas said. Ekniti also said the excise tax on
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Singapore: IRAS updates e-Tax guide on multinational enterprise top-up tax
The Inland Revenue Authority of Singapore (IRAS) has published the third edition of its e-Tax guide on the Multinational Enterprise Top-up Tax (MTT) and Domestic Top-up Tax (DTT). The guide explains how the Multinational Enterprise (Minimum Tax) Act
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Oman amends Pillar Two law to focus on QDMTT
The Oman Tax Authority announced on 1 November 2026 that Royal Decree No. 101/2026 has amended the Pillar Two Top-up Tax Law (Royal Decree No. 70/2024), removing the Income Inclusion Rule (IIR) so that the law focuses solely on the Qualified
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Belgium confirms new Pillar Two top-up tax filing deadline
Belgium’s Federal Public Service (FPS) Finance, in a release on 30 October 2026, has confirmed a change to the standard filing deadline for top-up tax returns under its qualified domestic minimum top-up tax (QDMTT) rules. The deadline is now
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Colombia proposes corporate tax cuts, VAT reforms, and higher excise duties in economic rescue bill
Colombia’s Chamber of Representatives (lower house of parliament) announced on 29 October 2026 that it is considering the Economic Rescue Law Bill of 2026, submitted by the Ministry of Finance. The bill aims to address Colombia’s persistent
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Nigeria, Russia sign customs mutual assistance agreement
Nigeria and Russia signed an agreement on mutual administrative assistance in customs matters on 28 October 2026, according to a Telegram post by the Russian Embassy in Nigeria. The agreement covers information exchange, action against customs
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Czech Republic confirms Japan’s new defence tax under double tax treaty
The Czech Republic’s Ministry of Finance has published Financial Bulletin No. 15/2026, confirming that Japan’s new 1% defence surtax, effective 1 January 2027, qualifies as a covered tax under the countries’ 1977 income tax treaty. The
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Hungary proposes major 2027 corporate tax, wealth tax and personal income tax reforms
Hungary’s government has submitted a series of tax bills accompanying the draft 2027 budget to parliament on 27 October 2026. Following Prime Minister Péter Magyar's parliamentary outline on 19 October 2026, this landmark reform package
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Cambodia suspends VAT on EV charging services until 2028
Cambodia’s Ministry of Economy and Finance issued Prakas No. 715 on 13 October 2026, suspending value added tax (VAT) on electric vehicle (EV) charging services through the end of 2028. The measure took effect immediately. The Prakas, numbered
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Vietnam cuts electricity tariff, scraps gasoline consumption tax
Vietnam's government said on Saturday, 31 October 2026, that it would lower the average retail electricity price by 2% from 1 November 2026. The average tariff will fall to VND 2,159.9 per kilowatt-hour, excluding value-added tax, according to a
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UAE: MoF eases e-invoicing penalty rules ahead of mandatory rollout
The United Arab Emirates (UAE) Ministry of Finance has announced on 30 October 2026, a new Cabinet Decision on Administrative Penalties relating to the UAE eInvoicing framework, replacing Cabinet Decision No. (106) of 2025. The amendments follow
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Ireland to introduce mandatory VAT e-Invoicing from November 2028
Ireland's Revenue has released a paper outlining the implementation of structured electronic invoicing (eInvoicing) and real-time digital reporting for VAT, as the Finance Bill (No. 2) 2026 moves through the legislative process. The paper, "VAT
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Bangladesh: DSE brokers seek capital gains tax exemption until 2030
The DSE Brokers Association of Bangladesh (DBA) has proposed a full tax exemption on capital gains earned by individual and foreign investors from listed securities until 2030, saying it would restore investor confidence, increase market liquidity
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South Africa: SARS issues updated guide on mutual agreement procedures
The South African Revenue Service (SARS) issued the Guide on Mutual Agreement Procedures (Issue 4) on 23 October 2026. It replaces Issue 3, dated 20 March 2020. The guide explains how the mutual agreement procedure (MAP) lets the competent
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Montenegro prepares for first automatic exchange of financial account data in September 2027
Montenegro will begin automatic exchanges of financial account information for tax purposes in September 2027, the Global Forum on Transparency and Exchange of Information for Tax Purposes said in a release on 30 October 2026. Workshop for
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Ukraine: Central Bank tightens key policy rate
Ukraine’s central bank, the National Bank of Ukraine, raised its key policy rate to 16.5% on 29 October 2026, citing stronger price pressures and worsening inflation expectations. The key policy rate is applied to calculate interest and
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