US: IRS issues interim guidance on corporate alternative minimum tax (CAMT)
The two notices, Notice 2025-46 and Notice 2025-49, on 30 September 2025, provide interim guidance on the corporate alternative minimum tax (CAMT). ​​ The US Internal Revenue Service (IRS) issued two notices, Notice 2025-46 and Notice
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Greece updates FY 2024 noncooperative tax jurisdictions list
The classification is made under Article 65 of the Greek Income Tax Code (GITC) and covers states, jurisdictions, overseas territories, and territories under special association or dependency regimes. Greece’s Minister of Finance (MOF)Â
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Zambia: Government presents 2026 budget, proposes VAT refund incentives for energy sector
The national budget for 2026 proposes amendments to key tax laws to enhance revenue, provide targeted relief, promote equity, support economic formalisation, and align with international standards. Zambia’s Minister of Finance and National
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Kazakhstan revises list of jurisdictions with preferential tax regimes
Kazakhstan updates list of 56 preferential tax jurisdictions, effective January 2026. Kazakhstan has issued Order No. 492 on 12 September 2025, updating the list of countries and territories with preferential tax regimes. The order, which
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Colombia: DIAN consolidates tax, customs, foreign exchange regulations
DIAN issued Resolution 000227 consolidating tax, customs and foreign exchange rules. The Colombian National Tax and Customs Directorate (DIAN) has issued Unified Resolution 000227 on 23 September 2025 consolidating tax, customs, and foreign
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Italy: Senate ratifies telework protocol to 2020 agreement with Switzerland
The approved protocol with Switzerland permanently allows cross-border workers to telework up to 25% of their hours, replacing the temporary 2024 arrangement under the 2020 agreement with Italy. Italy’s Senate has approved the ratification of
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South Africa: SARS publishes updated interest rate tables for outstanding, overpayments of tax
SARS released updated tax interest rate tables effective from September and November, 2025. The South African Revenue Service (SARS) has released updated interest rate tables, on 16 September 2025, for outstanding taxes payable and
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Ukraine: Government presents 2026 budget to parliament, proposes increased minimum wage
Draft Law No. 14000 proposes raising the minimum statutory monthly salary from UAH 8,000 to UAH 8,647 and the minimum subsistence level for employed individuals from UAH 3,028 to UAH 3,328. Ukraine’s government has presented Draft Law No.
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Taiwan: National Taxation Bureau urges biotech, pharma firms to note deadline for shareholder investment tax credit
Under the Act for the Development of Biotech and Pharmaceutical Industry, profit-seeking enterprises that invest in qualifying companies may claim a tax reduction, but applications for the required certificate must be submitted no later than 31
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Singapore: IRAS issues advance ruling on tax treatment of business transfer transactions
Singapore’s tax authority has clarified the income tax treatment of business transfer transactions in Advance Ruling Summary No. 19/2025, confirming that such transfers are capital in nature, with specific rules applying to inventories, capital
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UK: HMRC publishes 2025 corporate tax statistics
This annual report details corporate tax receipts and liabilities, categorised by company count, income, deductions, industry sector, size, and financial year. The UK tax authority, HM Revenue & Customs (HMRC), published its annual
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Poland: Council of Ministers adopt 2026 draft budget act
The 2026 draft includes various fiscal changes, such as an increase in the corporate tax rate for the banking sector, a rise in the VAT exemption threshold, and an increase in excise rates on alcoholic beverages. Poland’s Council of Ministers
See MoreWorld Bank: Analysis of Tax Data to Understand Job Creation
A World Bank blog on 16 September 2025 looked at how administrative data drawn from tax returns can reveal information about the businesses that are creating employment. The blog, written by V. Wiedemann, T. Scot, L. Zavala and L. Serrano Pajaro,
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US introduces ‘platinum card’ visa permitting 270-day stay with no foreign income tax
The Trump Platinum Card will allow individual applicants to reside in the US for up to 270 days per year without being subject to tax on non-US income. The US has unveiled plans for a "Platinum Card" that would enable foreign nationals to stay in
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Australia: Government moves to cut ‘tax red tape’ to reduce regulatory, compliance burden for businesses
To simplify Australia’s tax system and boost economic productivity, the government has tasked the Board of Taxation with reviewing ways to cut red tape and reduce compliance burdens for businesses. Australia’s Treasurer Jim Chalmers announced
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Dominican Republic: Council of Ministers approve 2026 draft budget
Minister of the Presidency, José Ignacio Paliza reported that the 2026 Budget amounts to DOP 1.74 trillion, equivalent to 20.1% of GDP. One of the central pillars of the proposal is the promotion of public investment, which will reach 2.5% of
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EU: MEP urges European Parliament to ban tax havens
MEP João Oliveira urged the EU to ban tax havens and strengthen tax fairness. João Oliveira, a Member of the European Parliament (MEP), has submitted a resolution to the European Parliament proposing measures to enhance tax fairness and
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Ireland: Revenue clarifies iXBRL filing for Large Corporates Division, High Wealth and Financial Services Division
Revenue confirmed continued iXBRL filing for LCD and HWFSD companies. The Irish Revenue published eBrief No. 173/25 on 23 September 2025 regarding iXBRL filing requirements for companies liable to corporation tax whose affairs are managed in
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