Panama: DGI clarifies tax lottery drives revenue growth through voluntary compliance
Panama's tax authority (DGI) has clarified on 13 August 2026 that the tax lottery has successfully increased government tax revenue by encouraging citizens to request receipts during purchases. Since the program launched on 28 August 2025, monthly
See MoreAustralia, France sign memorandum of understanding on arbitration under BEPS MLI
The Australian Taxation Office (ATO) has published a Memorandum of Understanding signed with France outlining the mode of application for implementing Part VI (Arbitration) of the Multilateral Convention to Implement Tax Treaty Related Measures to
See MoreLithuania proposes lottery tax rate cut
Lithuaniaโs government has published draft amendments to the Republic of Lithuania Law on Lottery and Gaming Tax No. IX-326 that would lower the tax rate applied to the lottery tax base from 18% to 10%. The draft amendments, dated 11 September
See MoreNetherlands: MoF opens consultation on service taxation rules for developing countries
The Netherlands Ministry of Finance has initiated a public consultation on changes to how the Netherlands will handle taxation of service income in future tax treaties. The consultation runs from 9 September 2026 to 23 October 2026 and invites
See MoreSouth Africa: SARS releases updated average exchange rates
The South African Revenue Services (SARS) released updated Average Exchange Rates on 9 September 2026, providing essential data for calculations. The update includes rates for the Australian dollar, Canadian dollar, Euro, Hong Kong dollar, Indian
See MoreUS: IRS reminds taxpayers of free Direct Pay option for federal taxes
The Internal Revenue Service has announced, on 10 September 2026, that Direct Pay provides a free alternative for settling federal tax obligations directly through bank accounts. The platform operates on IRS.gov without requiring user registration
See MoreTaiwan grants business tax relief for long-term care transportation services
Taiwan's Southern District National Taxation Bureau of the Ministry of Finance has said that small passenger car rental companies and passenger transport operators providing transportation services for long-term care beneficiaries are exempt from
See MoreUS: IRS, Treasury propose new foreign source Section 951A income, FDDEI deductions rules
The US Internal Revenue Service (IRS) and Treasury Department have issued a notice of proposed rulemaking titled Allocation and Apportionment of Deductions to Foreign Source Section 951A Category Income and Deduction Eligible Income, published in
See MoreTaiwan: National Taxation Bureau of Central Area announces provisional income tax filing window
Taiwan's National Taxation Bureau of the Central Area, Ministry of Finance, has said profit-seeking enterprises organised as companies with a permanent establishment in Taiwan are required to pay provisional income tax and file their provisional
See MoreBelgium advances DAC9 framework for Pillar Two information exchange, penalty rules
Belgiumโs Minister of Finance submitted a draft bill (Doc 56 1719/001) to the parliament on 10 September 2026 that establishes the operational and statutory framework for implementing Council Directive (EU) 2025/872 (DAC9) into Belgian domestic
See MoreOECD updates Pillar Two rules with new legislative review, GIR and administrative guidance
The OECD has announced on 11 September 2026 that the OECD/G20 Inclusive Framework on BEPS has released a package on the Pillar Two Global Minimum Tax aimed at strengthening consistency and certainty for MNEs and jurisdictions. The package
See MoreSingapore: IRAS updates tax guide on insurer business transfers
Singapore's Inland Revenue Authority (IRAS) has issued an updated e-Tax Guide on 11 Sep 2026 (Third Edition), setting out the tax treatment for licensed insurers transferring their businesses to one another under section 117 of the Insurance Act
See MoreSri Lanka IRD reminds taxpayers of August 2026 AIT, WHT, APIT payment deadlines
Sri Lankaโs Inland Revenue Department (IRD) has reminded taxpayers to make tax payments withheld during August 2026 on or before 15 September 2026. The reminder covers Advance Income Tax (AIT), Withholding Tax (WHT) and Advance Personal Income
See MoreNew Zealand: 2026/27 Budget implementation bill proposes R&D tax reforms
New Zealandโs Minister of Revenue has introduced the Taxation (Annual Rates for 2026โ27, FBT Simplification, Foreign Investment Funds, and Remedial Measures) Bill into Parliament, proposing changes to tax legislation to implement measures
See MoreSouth Africa: SARS clarifies higher VAT registration thresholds, deregistration rules
South Africaโs South African Revenue Service (SARS) has clarified how the increased VAT registration thresholds will apply from 1 April 2026, confirming that the higher compulsory registration threshold is being used for new registration and
See MoreBosnia and Herzegovina adopts new rules governing issuance of tax certificates by FTA
Bosnia and Herzegovinaโs Federal Ministry of Finance has adopted new rules governing the issuance of tax certificates by the Federal Tax Administration (FTA), covering taxpayersโ tax liabilities, registration status and residency. The
See MoreTurkey: Revenue Administration publishes guidance on foreign income exemption
Turkeyโs Revenue Administration published a guidance on 7 September 2026 outlining a 20-year income tax exemption for qualifying individuals who establish residency in the country and earn income and earnings derived abroad. The guidance set
See MoreUAE updates VAT framework with new input tax apportionment, cash payment rules
The UAEโs Ministry of Finance announced the issuance of Cabinet Decision No. (149) of 2026 on 8 September 2026,ย amending certain provisions of the Executive Regulation of the Federal Decree-Law No. 8 of 2017 on Value Added Tax (VAT), as part of
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