Singapore: IRAS issues 2026 corporate tax filing guidance

08 May, 2026

The Inland Revenue Authority of Singapore (IRAS) has released updated guidance for the Corporate Income Tax Filing Season 2026, setting the filing deadline for the Year of Assessment (YA) 2024 Corporate Income Tax Return (Form C-S/ Form C-S (Lite)/

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US: House advances bipartisan tax administration and relief bills

08 May, 2026

The US House of Representatives has approved a bipartisan package of tax administration, disaster relief, and workforce-related bills aimed at modernising IRS operations, expanding taxpayer protections, strengthening the IRS whistleblower program,

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Dominican Republic: DGII extends e-invoicing deadline for small, micro and unclassified taxpayers

08 May, 2026

Dominican Republic’s General Directorate of Internal Taxes (DGII), under the Ministry of Finance and Economy (RNC: 401-50625-4), has announced an exceptional and general administrative extension to the deadline for the implementation of electronic

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New Zealand sets deemed rate of return for foreign investment funds for 2025–26 income year

08 May, 2026

New Zealand Inland Revenue has issued a determination on 29 April 2026, which sets the deemed rate of return, used to calculate foreign investment fund income under the deemed rate of return calculation method, for the 2025-26 income year at 7.84%.

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Hong Kong: IRD urges timely filing of 2025/26 individual tax returns

08 May, 2026

The Inland Revenue Department (IRD) has reminded Hong Kong taxpayers that individual tax returns for the 2025/26 assessment year must be submitted promptly following their issue on 4 May 2026. Most individual taxpayers have until 4 June 2026 to

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Sri Lanka: IRD begins national e-invoicing rollout under 2026 Budget

08 May, 2026

The Sri Lankan Inland Revenue Department (IRD) has issued a Notice on 4 May 2026 to Value Added Tax (VAT) Registered Persons announcing the implementation of a National e-Invoicing System under the National Budget 2026. The project has already

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Turkey: Draft omnibus law introduces 12.5% corporate tax rate for domestic producers

08 May, 2026

Turkey's Planning and Budget Commission of the Grand National Assembly has approved a draft omnibus law that would establish a significantly reduced corporate tax rate for domestic manufacturing and agricultural producers, marking a major shift in

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Greece extends Article 5C special tax regime to public sector employees

07 May, 2026

Greece’s Ministry of National Economy and Finance and the Independent Authority for Public Revenue (AADE) have announced an extension of the special taxation regime under Article 5C of the Income Tax Code (ITC), expanding eligibility to include

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Romania expands RO e-invoice registration requirements with new rules for individuals, organisations

07 May, 2026

Romania’s National Agency for Fiscal Administration (ANAF) published a draft order on 16 January amending Order No. 3789/2024, which governs the mandatory RO e-Invoice Register. The update introduces revised procedures and a new Form 082 that

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Austria consults on major tax law reform draft for 2026

07 May, 2026

Austria’s Ministry of Finance has published a draft bill introducing amendments to various tax laws and has opened a public consultation. The proposal aims to improve tax fairness, combat tax fraud, reduce the tax burden on workers, and simplify

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Romania tightens excise controls with new licensing requirements and financial guarantees

07 May, 2026

Romania’s government gazetted Government Emergency Ordinance (GEO) No. 13/2026 on 9 March 2026, which introduces a series of fiscal and budgetary reform measures primarily aimed at protecting the state budget by tightening controls on debt

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Morocco: DGI announces national e-invoicing system launch for 2026

07 May, 2026

Morocco's tax authority (DGI) is set to implement a nationwide electronic invoicing system starting in 2026, marking a significant advancement in the country's tax administration modernisation efforts. The announcement was made by Younes El

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Taiwan sets NTD conversion rules for foreign-currency accounting firms

07 May, 2026

Taiwan’s Ministry of Finance’s Southern Area National Taxation Bureau has reminded enterprises that maintain accounts in foreign currencies that, when filing business income tax returns, all foreign currency amounts in financial statements must

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Italy: Government updates tax reliability indices for 2025 amid economic pressures

07 May, 2026

Italy’s  Revenue Agency announced on 29 April 2026 that the Ministry of Economy and Finance had gazetted the Decree of 15 April 2026 on 27 April 2026, which updates the Decree of 31 March 2026. The Decree of 15 April 2026 revised the Synthetic

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Slovak Republic clarifies e-invoicing and e-reporting rules as 2027 deadline approaches

07 May, 2026

The Slovak Republic’s Financial Administration has published further updates to its frequently asked questions on mandatory electronic invoicing in April 2025, adding new clarifications on VAT treatment and technical implementation requirements

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Russia reminds taxpayers of controlled transaction notification obligations

07 May, 2026

Russia’s Federal Tax Service (FTS) has reminded taxpayers that notifications of controlled transactions for 2025 must be submitted no later than 20 May 2026. Under paragraph 8 of Article 105.15 of the Tax Code of the Russian Federation,

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US: IRS launches significant issue ruling program for select transactions

07 May, 2026

The US Internal Revenue Service (IRS) has issued Revenue Procedure 2026-21, introducing a significant issue ruling program that allows taxpayers to request rulings on specific major legal issues under the jurisdiction of the Associate Chief Counsel

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Qatar: Cabinet approves draft law on e-invoicing

07 May, 2026

Qatar’s Cabinet has approved a draft law on E-invoicing and its executive regulations, according to a release from the Qatar News Agency on 6 May 2026. Prepared by the Ministry of Finance in coordination with the General Tax Authority (GTA),

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