Ecuador: Constitutional Court strikes down public integrity law covering tax amnesty, interest on refunds changes
The Court's decision invalidates all provisions of the law, including the tax amnesty and refund interest adjustments. Ecuador's Constitutional Court declared the Organic Law on Public Integrity unconstitutional on 26 September 2025, which
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Denmark updates platform reporting rules under DAC7, DAC8
Danish Official Gazette issues Executive Order 1159/2025 updating platform reporting rules under DAC7 and DAC8, introducing ID service use and EU central register oversight from 1 January 2026. The Danish Official Gazette published Executive
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Czech Republic issues Decree allowing complete waiver of tax penalties, replaces the previous 75% limit
Decree D-72 goes into effect on 15 September 2025. The Czech Republic’s tax authorities (General Financial Directorate) have issued Decree D-72, which the Ministry of Finance published on 10 September 2025, replacing the previous Decree
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Slovak Republic: MoF unveils 2026 public finance, tax reform measures
The key tax changes are in the corporate and investment sectors, which face higher taxes: the top corporate license fee rises to EUR 11,520, and the special levy jumps to 15%. Consumption taxes increase, with VAT on sugary/salty foods at 23% and
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US: IRS calls on taxpayers to review emergency preparedness plans
The IRS urges individuals and businesses to update their emergency preparedness plans, safeguard essential documents, and maintain accurate records to facilitate recovery and access to disaster assistance during peak hurricane and wildfire
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Australia: ATO consults targeted taxpayer relief measures
The consultation is open from 4 September to 2 October 2025. The Australian Taxation Office (ATO) has initiated a public consultation on certain taxpayer relief measures, such as its approach to remission of interest and failure to lodge
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Poland: MoF issues guidance on mandatory disclosure rules
The finance ministry clarified that share capital increases via non-cash or certain cash contributions are excluded from MDR if specific tax conditions are met. Poland’s Minister of Finance issued a general ruling (ref no. DTS5.8092.3.2025,
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Venezuela: Economy ministry issues requirements for tax refunds in special economic zones
The Ministry of Economy and Finance issued guidelines for tax refunds in SEZs, which require certification, tax compliance, and adherence to administrative procedures. Venezuela’s Ministry of Economy and Finance issued Resolution No. 014-25 on
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US: Illinois to tax 50% of GILTI, tightens interest deductions under 2026 budget
Starting with tax years ending on or after 31 December 2025, taxpayers must include 50% of GILTI, as defined under IRC section 951A, in their base income for Illinois tax purposes. Illinois Governor J.B. Pritzker signed a bill (HB 2755) on 16
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Uganda presents 2025–26 budget, proposes income tax exemption for start-ups
Uganda's Ministry of Finance unveiled a UGX 72.136 trillion national budget for 2025-26. Uganda’s Ministry of Finance Planning and Economic Development has unveiled a UGX 72.136 trillion national budget for the 2025-26 financial year on 12
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Italy: Council of Ministers approves amendments to tax reform
Italy approved a new Legislative Decree on June 4, 2025, updating tax compliance, litigation, penalties, and the 2-year preventive composition procedure (CPB). Italy’s Council of Ministers has approved a Legislative Decree on 4 June 2025, which
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Bolivia becomes 172 member of Global Forum on Transparency and Exchange of Information for Tax Purposes
Bolivia becomes the 172nd member of the Global Forum on Transparency and Exchange of Information for Tax Purposes. The OECD announced on 4 June 2025 that Bolivia has joined the Global Forum on Transparency and Exchange of Information for Tax
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US: IRS issues interim guidance on simplified option for CAMT calculation
The guidance offers a simplified method to determine "applicable corporation" status under IRC Sec. 59(k), increasing minimum thresholds and waiving some estimated tax penalties. The US Internal Revenue Service (IRS) issued Notice 2025-27,
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Costa Rica consults new tax penalty self-assessment form
Costa Rica’s tax administration (DGT) has released a draft resolution for public consultation on 2 May 2025, proposing major changes to self-assessment penalties for tax infractions. The resolution requires using the new TRIBU-CR platform to
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EU publishes DAC9 directive for top-up tax information return
The EU has published the Council Directive (EU) 2025/872 of 14 April 2025 amending Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC9) in the Official Journal of the European Union on 6 May 2025. The directive
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Costa Rica consults on new tax information reporting reforms
Costa Rica’s tax administration (DGT) has released six draft resolutions for public consultation to improve tax reporting, streamline electronic compliance, and update filing methods. The proposed resolutions focus on migrating reporting
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Slovak Republic: Parliament rejects bill to limit fine deadlines for administrative offences
The Slovak Republic’s Parliament on 15 April 2025 voted against a proposed amendment to the Tax Code. The draft bill sought to introduce a deadline after which fines could no longer be imposed for specific administrative
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Philippines enforces mutual assistance convention
The OECD-Council of Europe Convention on Mutual Administrative Assistance in Tax Matters, amended by the 2010 protocol, took effect in the Philippines on 1 May 2025. The Multilateral Convention on Mutual Administrative Assistance in Tax Matters
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