OECD updates GIR MCAA automatic exchange of GloBE information signatories list
The OECD published an updated list of signatories, including their signing dates, to the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA) on 31 March 2026. The agreement
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Turkey issues 2026 corporate income tax guidance
Turkey’s Revenue Administration has released guidance for the 2026 corporate income tax (CIT), setting out standard and sector-specific rates, available incentives, and rules for the domestic minimum corporate tax. The guidance, published on 31
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Turkey drops proposed crypto transaction, gains taxes from omnibus bill
The Grand National Assembly of Turkey (TBMM) has removed all crypto asset taxation provisions from the draft omnibus law submitted on 2 March 2026. The amendment cancels the planned 0.03% transaction tax and the 10% withholding tax on crypto
See MoreTurkey issues guidance on 2025 corporate income tax returns
Turkey's Revenue Administration has issued detailed guidance on 31 March 2026 on the filing of corporate income tax (CIT) returns for the 2025 fiscal year. This guide provides comprehensive instructions for taxpayers on exemptions, income
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Malta clarifies election for final income tax without imputation
Malta’s Tax and Customs Administration announced on 27 March 2026 that taxpayers opting for a final income tax without imputation must make the election through their income tax return. The authority confirmed that once exercised, the election
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Singapore introduces form for waiver of shareholding test on unutilised items
Singapore’s Inland Revenue Authority of Singapore (IRAS) has introduced FormSG for Waiver of Shareholding Test Applications, alongside updated guidance on the treatment of Unutilised Items, including capital allowances, trade losses, and
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Sri Lanka: IRD postpones implementation of VAT on non-resident e-services
Sri Lankan Inland Revenue Department has issued SEC/PN/VAT/2026-02 on 31 March 2026, notifying taxpayers of a further delay in the implementation of Value Added Tax (VAT) on services supplied through electronic platforms by non-resident service
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France: Tax Authorities issue guidance on reduced electricity excise rates
France’s tax administration has issued guidance on the application of lower electricity excise duty following the enactment of 2026 Finance Act. Published on 1 April 2026, the guidance explains how Article 71 of Law No. 2026-103 should be
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Ireland updates DAC6 cross-border tax arrangement guidance
Ireland’s Revenue Commissioners published eBrief No. 067/26 on 30 March 2026, updating guidance on the application and operation of DAC6. DAC6 mandates reporting of cross-border tax arrangements showing specific "hallmarks" of potential tax
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Pakistan: FBR publishes draft guidelines for e-invoicing integration for businesses
Pakistan’s Federal Board of Revenue (FBR) has issued the draft notification S.R.O. 288(I)/2026 on 18 February 2026, which proposes a comprehensive framework for the online integration of businesses. This framework requires "integrated
See MoreSri Lanka introduces new tax invoice format under VAT reform
Sri Lanka has rolled out a new standardised format for tax invoices as part of its ongoing Value Added Tax (VAT) modernisation efforts, with the changes now set to take effect from 1 April 2026. The new invoice requirements were officially
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India: CBDT grants GAAR (general anti-avoidance rule) relief for pre-April 2017 investments
India’s Central Board of Direct Taxes (CBDT) has released Notification 54/2026 and Notification 55/2026, introducing amendments to the Income Tax Rules, 1962 and 2026, concerning the application of the general anti-avoidance rule (GAAR) on income
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Greece joins multilateral competent authority agreement on the exchange of GloBE information (GIR MCAA)Â
Greece joined the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 18 March 2026, according to an OECD update published on 31 March 2026. The GIR MCAA is a global multilateral agreement developed by
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Ghana mandates fiscal electronic devices (FEDs) under new VAT framework
Ghana has introduced the Value Added Tax Act, 2025 (Act 1151), replacing the previous VAT Act (Act 870) with a modernised framework that mandates the use of Fiscal Electronic Devices (FEDs) in VAT administration. Under the new legislation,
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EU: EU Customs Authority (EUCA) to be headquartered in Lille, FranceÂ
The European Commission and the European Parliament reached an agreement on 25 March 2026 to establish the new EU Customs Authority (EUCA) in Lille, France. The Commission received nine applications from Member States looking to host EUCA. It
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US: IRS published guidance on faster refund processing, CP53E notice actions for 2026 filing season
The US Internal Revenue Service (IRS) in a release on 2 April 2026 noted that it continues to deliver excellent service to taxpayers during the 2026 filing season with the rise in tax refunds, the smooth pace at which taxpayers are getting their
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Cyprus: DAC 8 crypto reporting rules enters into force
The Cyprus Tax Department announced on 2 April 2026Â that the Administrative Cooperation in Taxation Law (Amendment) of 2026 (DAC8) officially entered into force on 1 January 2026, introducing new reporting obligations for cryptocurrency service
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Hong Kong introduces e-filing of hotel accommodation tax returns
The Hong Kong Inland Revenue Department (IRD) has introduced electronic completion and filing of Hotel Accommodation Tax returns, effective 1 April 2026. In addition to the existing paper returns, starting from 1 April 2026, hotels may choose to
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