Netherlands: Lower House approves amendments to minimum tax law, DAC9 implementation bill
The Netherlands' lower house of the parliament has adopted amendments to the Minimum Tax Act and an implementation bill for DAC9 on 27 November 2025. This bill is part of the 2026 Tax Plan package. It ensures that the Netherlands complies with
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Australia: ATO issues guidance on Pillar 2 filing obligations
The Australian Taxation Office (ATO) issued a guideline outlining its transitional approach to penalties and expectations for the four new Pillar 2 filing obligations on 26 November 2025, offering tailored guidance and certainty for MNEs during the
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UK: Government releases 2025 budget, mandates VAT e-invoicing from 2029
The UK government published Budget 2025 on 26 November 2025, introducing various measures to improve digital tax administration. One key measure is the requirement for all VAT invoices to be electronic from 1 April 2029. The shift to e-invoicing
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UK retains SME transfer pricing exemption, plans new multinational reporting regime
The UK government will maintain its current transfer pricing exemption for small and medium-sized enterprises (SMEs), while moving ahead with plans to introduce a new International Controlled Transactions Schedule (ICTS) for multinational
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Egypt: Central Bank maintains key policy rates steady amid inflation concerns
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has decided to maintain the country’s key policy rates: the overnight deposit rate at 21% , the overnight lending rate at 22.00%, and the rate of the main operation at 21.50%.
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Greece: Ministry of National Economy and Finance consults draft development laws
Greece’s Ministry of National Economy and Finance has initiated a public consultation on a number of draft laws regarding the new national development programme, transfer of the payment and control organisation for EU guidance and guarantee
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Kuwait: MoF sets digital formats for 2025/2026 budget submissions
Kuwait’s Minister of Finance has released a comprehensive administrative circular on outlining the required formats for submitting budget and operational documents for the 2025/2026 fiscal year. The directive covers all major financial areas,
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Turkey gazettes procedural changes for taxpayers, revised financial thresholds ahead of 2026
Turkey’s Official Gazette has released two new tax communiqués, Series No. 584 and No. 585, detailing important procedural changes for taxpayers and revised financial thresholds for the year ahead. Simple Procedure Transition (Communiqué
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Qatar: General Tax Authority updates withholding tax forms, adds contract notification reference
Qatar’s General Tax Authority has announced amendments to the withholding tax forms, introducing a new field requiring the reference number of the contract notification issued through the “Tax” system. This addition comes alongside the
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Hungary: NAV publishes draft 08E form to simplify insured-relationship reporting from 2026
Hungary’s National Tax and Customs Administration (NAV) has published a draft version of the new 08E form, which will replace the long-standing T1041 reporting form for insured relationships from 1 January 2026. The draft includes updated form
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Uruguay: Senate continues detailed review of national budget 2025–2029
The Uruguayan Senate resumed the detailed consideration of the National Budget 2025–2029 on Wednesday, 26 November, following a temporary recess. Senator Sebastián Sabini reported proceedings in the Chamber. This announcement was made on 27
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Finland: Tax Administration updates Pillar 2 guidance on profit, tax allocation in complex group structures
Finland’s Tax Administration has issued an updated version of its guidance on the Law on Minimum Tax by Large Groups (Laki suurten konsernien vähimmäisverosta), providing fresh clarification on how profits, losses and taxes should be allocated
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Greece: Ministry of Economy and Finance announces State Budget Execution for January – October of 2025
Greece’s Ministry of Economy and Finance announced, on 25 November 2025, the execution of the State Budget on a modified cash basis. The State Budget balance for the period of January – October of 2025 presented a surplus of EUR 3,037
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US: IRS urges taxpayers to prepare early for 2026 filing season as major new tax law takes effect
The US Internal Revenue Service is encouraging taxpayers to begin preparing now for the 2026 tax filing season, highlighting key steps individuals can take to file accurate returns and avoid delays. In its first “Get Ready” reminder of the
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Sri Lanka continues Committee Stage Debate on 2026 Budget
Sri Lanka’s Parliament progressed through the Committee Stage Debate of the 2026 Budget this week, with the 10th and 11th days of the 17-day proceedings addressing several key ministry allocations under the Appropriation Bill. On 26 November
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Poland: Ministry of Finance consults new CIT tax form templates
Poland’s Ministry of Finance has launched public tax consultations on a series of updated corporate income tax (CIT) form templates and is inviting taxpayers, advisers and other stakeholders to provide feedback by 3 October 2025. The
See MoreUK 2025 Budget: Government unveils tax incentives for businesses
The UK government has unveiled Budget 2025 measures aimed at cutting costs, boosting investment, and supporting business growth on 26 November 2025. Key business support measures include: Permanent lower business rates tax rates for over
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Australia extends CbC reporting deadline
The Australian Taxation Office (ATO) has announced a lodgment deferral for country-by-country (CbC) reporting entities, extending the deadline for filing CbC statements to 30 January 2026. Under the deferral, in-scope entities must lodge all
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