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 3 July 2026. The agreement
See More
Romania approves Form F8000 for crypto asset reporting
Romania has published Order No. 750/2026, issued by the President of the National Agency for Fiscal Administration, approving the model and content of Form (F8000) for use by reporting crypto asset service providers. The final Order introduces
See More
OECD expands GIR MCAA with Guernsey, Turkey joining framework
The OECD has announced that Guernsey and Turkey have joined the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA), further expanding the international framework for the automatic exchange of information under
See More
Kenya: KRA launches six-month tax amnesty initiative
The Kenya Revenue Authority (KRA) announced on 3 July 2026 that it has rolled out a new tax relief programme designed to ease the financial burden on citizens while simultaneously boosting domestic revenue. Building upon two previous campaigns
See More
Cyprus ratifies multilateral agreement on GloBE information exchange (GIR MCAA)
Cyprus has ratified the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA), with the ratification published in the Official Gazette on 26 June 2026. Having signed the agreement on 12 May 2026, Cyprus joins
See More
US: New York limits tax penalty relief to retroactive federal decoupling adjustments
New York will offer targeted tax penalty and interest relief to taxpayers impacted by its retroactive decoupling from certain federal changes introduced under the OBBBA, as outlined in Important Notice N-26-1 issued by the New York State Department
See More
Philippines: BIR opens one-time tax abatement program for micro taxpayers
Philippines Bureau of Internal Revenue (BIR) has opened a one-time tax abatement program for micro taxpayers on 26 June 2026, offering micro businesses and stop-filers an opportunity to resolve outstanding tax liabilities, clean up their records,
See More
Spain updates non-cooperative tax jurisdictions list, adds Russian tax regime
Spain has updated its list of non-cooperative jurisdictions and harmful tax regimes following the publication of Order HAC/649/2026 in the Official Gazette on 27 June 2026. The order amends the list established under Order HFP/115/2023 to reflect
See More
Thailand: Cabinet approves singing of GloBE MCAA
Thailand's Cabinet approved the signing of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GloBE MCAA) at its meeting on 16 June 2026, according to a Revenue Department press release. The agreement, developed
See More
Kuwait signs OECD CRS-MCAA Addendum on crypto-asset reporting
Kuwait signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 22 June 2026, according to an update published by the OECD. The Addendum incorporates the 2023
See More
Portugal: Council of Ministers approves privileged tax regimes list to align with EU
Portugal's Council of Ministers has approved an amendment to the General Tax Law to replace the country's existing list of countries, territories and regions with privileged tax regimes with the EU list of non-cooperative jurisdictions, aligning its
See More
Germany updates CRS participating jurisdictions list for 2026
The German Federal Central Tax Office (BZSt) has announced the publication of the final list of participating jurisdictions for the automatic exchange of financial account information under the Common Reporting Standard (CRS) for the 2026 reporting
See More
Hong Kong: IRD issues CARF implementation guidance
The Hong Kong Inland Revenue Department (IRD) has published new guidance outlining the implementation of the Crypto-Asset Reporting Framework (CARF) in Hong Kong. This follows after the Hong Kong Inland Revenue Department announced that the
See More
Italy finalises implementation of DAC8 crypto-asset reporting framework
Italy's Revenue Agency has finalised implementation of DAC8 (Directive (EU) 2023/2226) through a provision signed on 22 June 2026 by Director Vincenzo Carbone. The new rules establish mandatory registration and reporting obligations for
See More
Chile launches tax debt relief programme to encourage compliance
Chile has initiated a coordinated debt relief initiative, effective as of 18 June 2026, to encourage taxpayers to settle outstanding tax obligations. The programme, which operates under Article 207 of the Tax Code, represents a joint effort by the
See More
Ukraine: Parliament approves law on automatic exchange of information on digital platform income
Ukraine’s Parliament has approved a law to introduce the international automatic exchange of information on income earned through digital platforms and to establish rules for the taxation of such income, bringing the country closer to OECD
See MoreHong Kong: Government welcomes passage of Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026
Hong Kong’s government welcomed the passage of the Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026 by the Legislative Council on 17 June 2026, to enhance the administrative framework for the automatic exchange of
See More
Dominican Republic proposes increased corporate tax amongst other reforms in new fiscal package
The Dominican Republic's Ministry of Finance and Economy has unveiled a pro-growth and anti-crisis fiscal package on 11 June 2026 that has been presented to the National Congress for consideration. This fiscal package is designed to shore up public
See More