New Zealand consults on GST treatment of arranging financial products
New Zealand Inland Revenue has released a draft interpretation statement for public consultation titled “GST – Arranging and brokering financial products” on 21 May 2026. The statement guides when intermediaries or brokers involved in the
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Sweden: Parliament approves dividend withholding tax exemption for foreign states
Sweden’s parliament (Riksdag) approved legislation on 20 May 2026 introducing a withholding tax exemption for dividends paid to foreign states and foreign entities equivalent to Swedish regions, municipalities, or municipal associations. The
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Uruguay expands dividend withholding tax, indirect transfer rules
Uruguay has enacted new measures on dividend withholding tax and the taxation of indirect transfers of Uruguayan assets under Law No. 20446 of 16 December 2025, included in the country’s 2025-2029 National Budget. The changes maintain the
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Taiwan: MoF urges taxpayers to complete 2025 income tax return filings before deadline
Taiwan's Ministry of Finance (MoF) has announced the upcoming income tax return deadline for the year 2025. As of 24 May 2026, 5,076,273 individual income tax returns have been filed, accounting for 72.7% of the total individual income tax
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Turkey approves major tax package with corporate rate cuts, foreign income exemptions
Turkey’s Grand National Assembly (TBMM) on 21 May approved Law No. 7582, a broad legislative package containing tax and investment measures, which was first announced by the Turkish President in April 2026. The law introduces amendments to
See MoreTaiwan: Businesses reminded to apply for CFC financial statement filing extensions
The Kaohsiung National Taxation Bureau of the Ministry of Finance announced on 25 May 2026 that, for any reason, those who are unable to submit their CFC financial statements within the prescribed period may apply to their local tax authority for an
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OECD: Global Forum publishes 2026 Latin America tax transparency report
OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has released the Tax Transparency in Latin America 2026: Latin America Initiative Progress Report on 25 May 2026, outlining regional progress in implementing
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Italy: Fuel tax relief and support measures to continue through June 2026
Italy’s Revenue Agency has announced that the government has introduced Legislative Decree no. 89/2026, published on 25 May 2026, implementing comprehensive tax relief measures to ease the burden of rising fuel costs on citizens and businesses.
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Romania increases mining tax rates under new government decision
Romania has raised annual mining tax rates through Decision No. 391, published on 14 May 2026 in the Official Gazette, with the changes taking effect from 15 May 2026. The new rates, established under Article 44 of Mining Law No. 85/2003,
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Morocco: DGI launches new VAT platform for digital service providers
Morocco's tax authority (DGI) has introduced a new online system requiring foreign digital service providers to register and pay VAT on services delivered to Moroccan clients. Non-resident companies without a physical presence in Morocco must
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UK cuts VAT on tourist attractions to 5% in summer relief package
The UK announced on 21 May 2026 a temporary reduction in value-added tax (VAT) for tourist attractions and related services from 25 June 2026 to 1 September 2026, aimed at supporting families and the hospitality sector amid rising energy costs
See MoreTurkey updates laws with new e-valuation rules, stamp duty relief and condominium reforms
Turkey has enacted Law No. 7579, adopted on 7 May 2026 and published in the Official Gazette (Issue 33261), introducing amendments to the Land Registry Law No. 2644, Stamp Tax Law No. 488 and Condominium Law No. 634. A key procedural change
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Bosnia and Herzegovina: Federation of BiH amends taxpayer registration, PJIB allocation rules
Bosnia and Herzegovina’s Federal Ministry of Finance has introduced amendments to the Rulebook on the Allocation of Identification Numbers, Registration and Identification, and Records of Taxpayers in the Territory of the Federation of Bosnia and
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Austria: Parliament approves draft VAT reform introducing reduced rate on staple foods
The Austrian Parliament (Nationalrat) approved on 21 May 2026 a draft bill introducing a reduced Value Added Tax (VAT) rate on staple foods. The measure forms part of the Austrian Value Added Tax Reform Act 2026 and still requires approval by the
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Indonesia: DGT grants tax filing extension for corporations until 31 May 2026
Indonesia's tax authority, the Directorate General of Taxes (DGT) has given companies an extra month to submit their annual tax returns, pushing the deadline from 30 April to 31 May 2026. Director General of Taxes Bimo Wijayanto announced on
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ATAF pilots tax transparency training on beneficial ownership and exchange of information
The ATAF, in partnership with GIZ, officially piloted the Training on Tax Transparency covering Beneficial Ownership and Exchange of Information in Johannesburg, South Africa on 18 May 2026. The training is the pilot of two training modules (BO
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US: IRS considers adding citizenship question to tax forms
The US Internal Revenue Service (IRS) is weighing whether to require taxpayers to disclose their citizenship status on 2026 tax forms, according to sources familiar with the discussions. The move would represent the Trump administration's latest
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Argentina: ARCA extends 2025 individual tax filing deadline to July 2026
The Argentine Customs Collection and Control Agency (ARCA) announced on 22 May 2026 that it has granted taxpayers additional time to file and pay their 2025 tax returns, moving the deadline to 27 July 2026. The extension applies to Income Tax,
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