Russia simplifies tax registration for foreign companies
The Russian State Duma has approved amendments to Articles 83 and 84 of the Russian Tax Code to simplify the tax registration process for foreign companies. Under the new rules, foreign organisations no longer need to submit separate applications
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Taiwan: Northern Taiwan National Tax Administration urges agencies to digitise donation records
The Northern Taiwan National Tax Administration of the Ministry of Finance (MOF) announced today, 3 December 2025, that, in line with energy-saving and carbon reduction policies, it calls on all recipient agencies and organisations to actively
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Singapore: MoF consults 2026 Budget
Singapore’s Ministry of Finance (MOF) has opened a public consultation for Budget 2026, inviting individuals, organisations, and businesses to share their views from 2 December 2025 to 12 January 2026. Budget 2026 is scheduled to be presented
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OECD: Global Forum reports historic progress in tax transparency, crypto disclosure
The 18th plenary of the Global Forum on Transparency and Exchange of Information for Tax Purposes took place in New Delhi on 2 December 2025, alongside the release of its 2025 Annual Report. The report highlights significant advances in global
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OECD: The Global Forum on Tax Transparency holds 18th Plenary in India
The OECD announced the opening of the 18th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes, held in New Delhi, India, on 2 December 2025. International community meets in New Delhi to reflect on
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US: Treasury, IRS provide guidance on Trump Accounts under working families tax cuts ahead of new regulations
The Department of the Treasury and the Internal Revenue Service (IRS) issued a notice on 2 December 2025, announcing upcoming regulations and providing guidance regarding Trump Accounts, which are a new type of individual retirement account (IRA)
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Malawi: MoF presents 2025-26 mid-year budget review, to introduce Minimum Alternate Tax
Malawi’s Ministry of Finance, Economic Planning, and Decentralisation (MoFEPD) presented the 2025-26 Mid-Year Budget Review Statement to the National Assembly on 21 November 2025. The 2025-26 Mid-Year Budget Review Statement proposes various
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Congo (DRC) becomes 35th Yaoundé declaration signatory
The Democratic Republic of the Congo officially joined the Yaoundé declaration on 22 November 2025, when the Hon. Dudu Fwamba Likunde Li-Botayi, Minister of Finance, endorsed the initiative. The move underscores the country’s commitment to
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Portugal: Parliament approves 2026 budget, lowers corporate tax rates
Portugal’s parliament has approved the new 2026 Budget Bill on 27 November 2025. The Bill will proceed to presidential promulgation, followed by the formal publication of the law. The main tax measures of the 2026 Budget Bill are the reduced
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Switzerland: Voters reject mega-inheritance tax proposal
Swiss voters decisively rejected a proposed 50% tax on inheritances of CHF 50 million (USD 62 million) or more on 30 November 2025, with 78% voting against it. This was higher than the two‑thirds opposition predicted in polls. The plan, put
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Singapore: IRAS updates GST rules for remote services from overseas providers
The Inland Revenue Authority of Singapore (IRAS) has published updated guidance on purchasing remote services from overseas service providers, clarifying the GST application for consumers in Singapore. Under the guidance, non-GST registered
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Greece extends tax payment deadline after banking issues
The Greek Ministry of National Economy and Finance, together with the Independent Authority for Public Revenue (AADE), extended the payment deadline for all confirmed tax obligations and instalments to Monday, 1 December 2025. The ministry and
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UAE: MoF decree revises tax refund timeframes, extends FTA audit powers beyond limitation periods
The UAE’s Ministry of Finance (MoF) announced, on 29 November 2025, that the issuance of Federal Decree-Law No. (17) of 2025 amending certain provisions of Federal Decree-Law No. (28) of 2022 on Tax Procedures, as part of the its continuous
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Zimbabwe: Government announces 2026 budget, proposes digital services withholding tax
Zimbabwe’s Ministry of Finance, Economic Development, and Investment Promotion (MoFEDIP) has presented the 2026 national budget to the Parliament on 27 November 2025, proposing higher VAT rates and digital service withholding taxes. The
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Russia: President signs 2026-28 federal budget laws, introduces higher VAT rates
Russian President Vladimir Putin signed the laws on the federal budget for 2026 and the planning period of 2027–2028, as well as the laws amending the Budget and Tax Codes and outlining the specific rules for implementing the budget system in
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Sweden: Ministry of Finance proposes raising taxes on certain tobacco products
Sweden’s Ministry of Finance has proposed an increase in taxes on cigarettes, cigars, cigarillos, smoking tobacco, chewing tobacco, and other tobacco products by 3.5% above the standard indexation. This announcement was made on 27 November
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Brazil: RFB allows Simplified National Tax System taxpayers prepay all instalment plans, including RELP-SNÂ
Brazil’s Federal Revenue Service (RFB) announced on 26 November 2025 that it expanded the functionalities available to taxpayers under the Simplified National Tax System (Simples Nacional) by allowing taxpayers to prepay instalments across all
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Australia: ATO releases top 500 tax performance program 2025 findings report
The Australian Taxation Office (ATO) released its 2025 findings report on 27 November 2025, providing insights and best practices for the top 500 privately owned and wealthy groups. The 2025 findings report shines a light on the key tax issues
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