France publishes updated list of tax treaties modified under OECD MLI

14 May, 2026

The French tax authorities (FTA) published a new annex BOI-ANNX-000511 on 29 April 2026 listing 68 tax treaties concluded by France that have been modified by the OECD’s Multilateral Instrument (MLI), under the OECD Base Erosion and Profit

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Sweden proposes additional temporary petrol, diesel tax cut to ease fuel prices

14 May, 2026

The Swedish Ministry of Finance has submitted a draft bill proposing a further temporary reduction of tax on petrol and diesel in response to rising fuel prices, with the measure set out in memorandum Fi2026/01131 published on 13 May 2026. The

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Norway announces revised 2026 national budget, proposes higher pension and fuel tax relief

14 May, 2026

Finance Minister Jens Stoltenberg has unveiled Norway's Revised National Budget for 2026, emphasising economic stability amid global uncertainties. With ongoing trade tensions and conflict in the Middle East creating volatility, the government has

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Taiwan: Tax Bureau requires mainland China income to be included in tax returns

13 May, 2026

Taiwan’s Taipei National Taxation Bureau of the Ministry of Finance clarified that taxpayers who have obtained income sourced from Mainland China are required to declare and pay income tax together with their individual consolidated income tax

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UK: HMRC issues letters over BADR lifetime limit breach

13 May, 2026

The UK HM Revenue & Customs (HMRC) is issuing a second round of letters to taxpayers who claimed Business Asset Disposal Relief (BADR) in their 2024/25 Self Assessment tax return and may have exceeded the GBP 1 million lifetime limit. The

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Australia includes major corporate, CGT tax reforms 2026-27 budget 

13 May, 2026

Australia’s Treasurer, Jim Chalmers, delivered the 2026-27 federal budget in parliament on 12 May 2026. The 2026-27 budget outlines a comprehensive vision for tax reform in Australia, focusing on supporting workers, incentivising business

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Turkey mandates e-document integration for next-gen payment devices

12 May, 2026

Turkey’s Revenue Administration has issued General Communiqué No. 593 on the Tax Procedure Law (TPL), introducing the final procedures and principles for issuing electronic documents (e-Documents) through new generation payment recording devices

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EU: Economic and Financial Affairs Council agrees to strengthen cooperation with EU investigative bodies to combat VAT fraud

12 May, 2026

The EU Economic and Financial Affairs Council provisionally agreed on new rules to strengthen the fight against value added tax (VAT) fraud in the EU by ramping up cooperation between member states, the European Public Prosecutor’s Office (EPPO)

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Ireland: Revenue outlines Pillar Two progress in 2025 annual report

12 May, 2026

Irish Revenue published its 2025 Annual Report on 7 May 2026, together with a range of research and statistical papers, outlining total gross receipts of EUR 157 billion for the year. The figure includes EUR 34.9 billion collected on behalf of

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UK: Supreme Court grants permission to appeal in major SDLT anti-avoidance dispute

11 May, 2026

The UK Supreme Court has granted the Tower One St George Wharf Limited permission to appeal in a high‑value stamp duty land tax (SDLT) dispute with HMRC concerning the transfer of a central London residential property. The appeal will focus on the

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New Zealand: Inland Revenue consults GST rules for unincorporated bodies

11 May, 2026

New Zealand’s Inland Revenue launched a public consultation on 6 May 2026, regarding a new GST guideline for unincorporated bodies. The guide helps taxpayers identify which GST rules apply to their specific organisational structure. Some GST

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UK: HMRC revises electricity generator levy from July 2026

08 May, 2026

The UK HM Revenue & Customs (HMRC) has confirmed changes to the Electricity Generator Levy (EGL), increasing the rate from 45% to 55% with effect from 1 July 2026, according to a policy paper released on 6 May 2026. The EGL applies to certain

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US: House advances bipartisan tax administration and relief bills

08 May, 2026

The US House of Representatives has approved a bipartisan package of tax administration, disaster relief, and workforce-related bills aimed at modernising IRS operations, expanding taxpayer protections, strengthening the IRS whistleblower program,

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Greece extends Article 5C special tax regime to public sector employees

07 May, 2026

Greece’s Ministry of National Economy and Finance and the Independent Authority for Public Revenue (AADE) have announced an extension of the special taxation regime under Article 5C of the Income Tax Code (ITC), expanding eligibility to include

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Romania expands RO e-invoice registration requirements with new rules for individuals, organisations

07 May, 2026

Romania’s National Agency for Fiscal Administration (ANAF) published a draft order on 16 January amending Order No. 3789/2024, which governs the mandatory RO e-Invoice Register. The update introduces revised procedures and a new Form 082 that

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Austria consults on major tax law reform draft for 2026

07 May, 2026

Austria’s Ministry of Finance has published a draft bill introducing amendments to various tax laws and has opened a public consultation. The proposal aims to improve tax fairness, combat tax fraud, reduce the tax burden on workers, and simplify

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Romania tightens excise controls with new licensing requirements and financial guarantees

07 May, 2026

Romania’s government gazetted Government Emergency Ordinance (GEO) No. 13/2026 on 9 March 2026, which introduces a series of fiscal and budgetary reform measures primarily aimed at protecting the state budget by tightening controls on debt

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Morocco: DGI announces national e-invoicing system launch for 2026

07 May, 2026

Morocco's tax authority (DGI) is set to implement a nationwide electronic invoicing system starting in 2026, marking a significant advancement in the country's tax administration modernisation efforts. The announcement was made by Younes El

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