Austria gazettes Budget Accompanying Act 27โ28 with corporate tax, parcel tax, pension changes
Austria published the Budget Accompanying Act 2027โ2028 in the Official Gazette on 29 July 2026, introducing a broad package of tax, financial and policy measures under the country's dual budget for 2027 and 2028. The legislation includes a new
See MoreBahrain: NBR issues revised excise registration manual for taxpayers
Bahrain's National Bureau for Revenue (NBR) has published an updated excise registration manual on 28 July 2026, setting out revised guidance for excise payers on using the online excise portal and the procedures for submitting key excise-related
See MoreItaly implements tax credit rules for road haulage firms affected by increased diesel prices
Italy's Ministry of Infrastructure and Transport has published a decree of 23 May 2026 in the Official Gazette on 21 July 2026, setting out the implementing rules for a temporary tax credit to support the road haulage sector in response to the
See MoreSouth Africa clarifies advance payment notification requirements for qualifying import payments
The South African Revenue Service (SARS) has outlined the requirements and procedures for registered importers making qualifying advance import payments under South African Reserve Bank (SARB) regulations. Importers applying for advance foreign
See MoreOECD releases peer review reports on tax information exchange, transparency for the Cook Islands, Namibia and Tanzania
The OECDโs Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) has published three new peer review reports on transparency and exchange of information on request (EOIR) for tax purposes for the Cook Islands,
See MoreTaiwan clarifies separate income tax filing rules for foreign property transactions
Taiwan's Ministry of Finance has issued a notice on 20 July 2026ย reminding foreign taxpayers of their obligation to file a separate income tax return for qualifying house and land transactions, rather than including such income in gross
See MoreEgypt introduces tax incentives for listed, unlisted securities
Egypt's Ministry of Finance, the Egyptian Tax Authority (ETA) and the Financial Regulatory Authority (FRA) have approved a package of tax incentives for securities activities as part of the second tax facilitation package, according to the head of
See MoreIndia issues revised FATCA, CRS guidance detailing crypto reporting obligations
Indiaโsย Ministry of Finance has updated its Guidance Note on FATCA and CRS, providing detailed guidance for crypto exchanges and other intermediaries on their reporting obligations as Reporting Financial Institutions (RFIs) under section 508 of
See MoreMexico increases IEPS fuel incentives for gasoline, diesel
Mexico's Ministry of Finance and Public Credit (SHCP) has increased Special Tax on Production and Services (IEPS) incentives for gasoline and diesel for the period from 25 to 31 July 2026, in an effort to limit the impact of rising international oil
See MoreSingapore: IRAS updates Certificate of Residence guidance, clarifies eligibility conditions
The Inland Revenue Authority of Singapore (IRAS) has revised its guidance on Applying for a Certificate of Residence/ Tax Reclaim Form. The update provides clearer guidance on the conditions that foreign-owned investment holding companies must
See MorePakistan: SBP keeps policy rate unchanged
The State Bank of Pakistan (SBP) announced on Monday, 27 July 2026, that its policy rate will remain unchanged at 11.5%, with the Monetary Policy Committee (MPC) concluding that the current monetary policy stance remains appropriate to guide
See MoreTaiwan reminds foreign taxpayers of extended DTA tax refund application period
Taiwan's National Taxation Bureau of Kaohsiung has reminded foreign taxpayers to review unclaimed tax treaty benefits following amendments to the Regulations Governing Application of Agreements for the Avoidance of Double Taxation with Respect to
See MoreTaiwan updates guidance on house, land integrated income tax for share sales
Taiwanโs Central Area National Taxation Bureau of the Ministry of Finance stated that, under the House and Land Integrated Income Tax 2.0 regime, effective from 1 July 2021, a profit-seeking enterprise that disposes of shares or equity interests
See MoreBulgaria adopts civil servant contributions, raises insurance thresholds in 2026 budget bills
Bulgariaโs National Assembly gave final approval to the State Social Security Budget Bill and the National Health Insurance Fund Budget Bill, followed by the State Budget Bill on 22 July 2026. All three bills were tabled on 1 July, and adopted
See MoreNetherlands updates hybrid mismatch guidance with new rules on US tax regimes, permanent establishments
The Netherlands published the Hybrid Mismatch Policy Decision 2026 (Decree No. 2026-12123), issued by the State Secretary of Finance on 24 July 2026, replacing the previous policy decision that was originally issued in 2021 and subsequently updated
See MoreDominican Republic: DGII issues FY2026 inflation adjustment multiplier
The Dominican Republic's Directorate General of Internal Revenue (DGII) has published Resolution No. DDG-AR1-2026-00006, setting the inflation adjustment multiplier, exchange rate adjustments and capital asset multipliers for the fiscal year ending
See MoreRussia introduces simplified procedure for online tax notifications
The Russian Federal Tax Service has announced that a simplified procedure for delivering tax notifications through the Unified Public Services Portal (UPSP) will take effect from 1 August 2026, under amendments introduced by Federal Law No. 425-FZ
See MoreCanada consults transfer pricing documentation amendments, various other tax measures
Canada's Department of Finance has released draft legislative proposals for public consultation on 23 July 2026 to implement a range of previously announced tax measures, along with other technical amendments to the country's tax
See More