Taiwan clarifies separate income tax filing rules for foreign property transactions
Taiwan's Ministry of Finance has issued a notice on 20 July 2026 reminding foreign taxpayers of their obligation to file a separate income tax return for qualifying house and land transactions, rather than including such income in gross
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Argentina: ARCA outlines procedures for settling criminal tax liabilities
Argentina's tax authority (ARCA) announced it has issued General Resolution 5882/2026, which establishes procedures for settling criminal tax liabilities. The resolution was published and entered into force on 28 July 2026. This resolution
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Thailand extends 7% VAT rate through 2027
Thailand's Cabinet has approved extending the reduced value-added tax rate of 7% for another year from 1 October 2026 to 30 September 2027 in a press release issued on 27 July 2026. The current reduced rate was set to expire on 30 September
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Ireland: EU approves expanded digital games tax credit to cover post-release content
Ireland's Department of Finance has announced on 28 July 2026 that the European Commission has approved the expansion of the Digital Games Tax Credit. As announced in Budget 2026, the 32% tax credit has been extended until 31 December 2031 and
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Egypt introduces tax incentives for listed, unlisted securities
Egypt's Ministry of Finance, the Egyptian Tax Authority (ETA) and the Financial Regulatory Authority (FRA) have approved a package of tax incentives for securities activities as part of the second tax facilitation package, according to the head of
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Eswatini introduces e-invoicing rules under VAT Act
Eswatini has introduced new measures to support electronic tax administration under the Value Added Tax Act, 2011, establishing a legal framework for electronic fiscal documents and prescribing rules for the electronic submission of fiscal
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India issues revised FATCA, CRS guidance detailing crypto reporting obligations
India’s Ministry of Finance has updated its Guidance Note on FATCA and CRS, providing detailed guidance for crypto exchanges and other intermediaries on their reporting obligations as Reporting Financial Institutions (RFIs) under section 508 of
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Mexico increases IEPS fuel incentives for gasoline, diesel
Mexico's Ministry of Finance and Public Credit (SHCP) has increased Special Tax on Production and Services (IEPS) incentives for gasoline and diesel for the period from 25 to 31 July 2026, in an effort to limit the impact of rising international oil
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China introduces targeted tax breaks for energy, mining firms through 2027
China's Ministry of Finance and the State Taxation Administration have jointly issued Announcement No. 22 of 2026 revising the urban land use tax policy on 27 July 2026, phasing out longstanding tax exemptions previously available to energy
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Singapore: IRAS updates Certificate of Residence guidance, clarifies eligibility conditions
The Inland Revenue Authority of Singapore (IRAS) has revised its guidance on Applying for a Certificate of Residence/ Tax Reclaim Form. The update provides clearer guidance on the conditions that foreign-owned investment holding companies must
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Pakistan: SBP keeps policy rate unchanged
The State Bank of Pakistan (SBP) announced on Monday, 27 July 2026, that its policy rate will remain unchanged at 11.5%, with the Monetary Policy Committee (MPC) concluding that the current monetary policy stance remains appropriate to guide
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Uruguay issues detailed rules on taxation of foreign income earned by individuals
Uruguay's General Tax Directorate (DGI) has issued Resolution No. 1.517/2026, establishing detailed rules for the collection of tax on foreign income earned by individuals from 1 January 2026 under changes introduced by Law No. 20.446. The
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Australia: ATO issues 2026 tax lodgment guidance for individuals
The Australian Taxation Office (ATO) has issued a set of recommendations from Assistant Commissioner Anita Challen to assist individuals during the 2026 tax lodgment season on 27 July 2026. The Australian Taxation Office (ATO) now has over 100
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Taiwan reminds foreign taxpayers of extended DTA tax refund application period
Taiwan's National Taxation Bureau of Kaohsiung has reminded foreign taxpayers to review unclaimed tax treaty benefits following amendments to the Regulations Governing Application of Agreements for the Avoidance of Double Taxation with Respect to
See MoreArgentina: ARCA extends 2025 personal income tax filing deadline
Argentina's Federal Tax Authority (ARCA) has published General Resolution No. 5876 in the Official Gazette on 20 July 2026, which amends General Resolution No. 5851. General Resolution No. 5876 extends the filing deadline for 2025 income tax
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Oman: Tax Authority issues new corporate tax expense deduction rules
The Oman Tax Authority (OTA) has introduced new rules on when certain business expenses can be deducted under the Executive Regulations of the Income Tax Law. The changes were made through Decision No. 180/2026, which inserts a new Article 18 bis
See MoreTaiwan updates guidance on house, land integrated income tax for share sales
Taiwan’s Central Area National Taxation Bureau of the Ministry of Finance stated that, under the House and Land Integrated Income Tax 2.0 regime, effective from 1 July 2021, a profit-seeking enterprise that disposes of shares or equity interests
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Hong Kong consults proposed enhancements to tax concession regime for corporate treasury centres
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Inland Revenue Department (IRD) launched a public consultation on 27 July 2026, on proposed enhancements to the tax concession regime for corporate treasury centres
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