Germany clarifies mandatory B2B e-invoicing rules
Germany’s Federal Ministry of Finance (BMF) issued a supplementary letter on mandatory domestic business-to-business (B2B) e-invoicing on 15 October 2026. The letter amends the VAT Implementation Decree (Umsatzsteuer-Anwendungserlass, UStAE) and
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Taiwan removes minimum tax threshold for estate, gift tax instalment payments
Taiwan has removed the minimum tax amount required to apply for payment by instalments under its Estate and Gift Tax Act, the Southern Area National Taxation Bureau of the Ministry of Finance said. The amendment to Article 30, Paragraph 2 of the
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Australia: ATO extends GIC remission offer for family trust tax liabilities
The Australian Taxation Office (ATO) announced on 19 October 2026 that it has extended its offer to remit general interest charge (GIC) on family trust distribution tax (FTDT) liabilities. The offer now runs until 30 June 2027, six months longer
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Guatemala: SAT introduces temporary fuel tax exemptions
Guatemala’s Ministry of Finance has published Decree 22-2026 (Law on Temporary Emergency Tax Exemption for Fuel Consumers), which was published in the Official Gazette on 30 September 2026. Decree Number 22-2026 establishes a short-term
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UK publishes customs assistance agreements with Australia, Bahrain
The UK Foreign, Commonwealth and Development Office published agreements on cooperation and mutual administrative assistance in customs matters with Australia and Bahrain on 13 October 2026. Both agreements were signed in Brussels on 23 June 2026
See MoreTaiwan allows tax-free release and import of electric vehicles under new procedure
Taiwan’s Ministry of Finance (MoF) amended Articles 54-1, 54-2 and 59-1 of the Regulations Governing the Collection of Commodity Tax on 18 August 2026. According to the Southern Region National Taxation Bureau, Ministry of Finance, the amendments
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New Zealand rules property sale proceeds non-taxable
New Zealand’s Inland Revenue issued Technical Decision Summary (TDS) 26/18 on 1 October 2026, addressing whether proceeds from an insurance company’s proposed sale of investment properties would constitute taxable income. The Tax Counsel Office
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Czech Republic: Lower House advances windfall tax on refinery profits
The Czech lower house of parliament backed a proposed windfall tax, on 14 October 2026, on the country's refinery sector. Lawmakers approved the measure in its first of three readings. The legislation will now move to a parliamentary committee
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Sri Lanka: IRD reminds 2025/2026 corporate, individual taxpayers to file returns
Sri Lanka’s Inland Revenue Department (IRD) has reminded individual and corporate taxpayers that income tax returns for the Year of Assessment 2025/2026 must be submitted by 30 November 2026. The department called on all those obliged to file
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UAE: MoF updates e-invoicing accreditation rules for service providers
The UAE Ministry of Finance announced that it released Ministerial Decision No. 168 of 2026 on 9 October 2026, establishing new requirements for companies that provide electronic invoicing services in the UAE. The decision replaces Ministerial
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Brazil extends simplified national tax regularisation deadline to 15 October
Brazil’s tax authority, the Federal Revenue Service (RFB) announced on 13 October 2026 that it has set 15 October 2026 as the final deadline for businesses to apply for the Simplified National Tax System (Simples Nacional). Applications
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UK considers smaller capital gains tax increase
The UK government will not raise capital gains tax to the same level as income tax, although a smaller increase remains possible ahead of the Budget on 28 October 2026. Finance minister John Healey faces pressure to raise tax revenue to offset
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New Zealand: IRD seeks comment on draft guidance for low-value asset deductions
New Zealand’s Inland Revenue has published a draft interpretation statement, Income tax – Depreciation of low-value assets (PUB00533) for public consultation on 9 October 2026. The statement explains section EE 38 of the Income Tax Act 2007,
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EU considering new windfall tax on energy companies as profits surge
The European Commission is investigating a continent-wide windfall profit tax on oil and gas firms. The move comes as governments across the bloc face pressure to help households struggling with soaring energy bills. Energy prices have climbed
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South Africa: RAF asks Treasury to raise petrol, diesel levy
South Africa’s Road Accident Fund (RAF) wants the National Treasury to raise the RAF levy on petrol and diesel from ZAR 2.25 per litre to ZAR 3 per litre, saying it needs a stronger funding base, according to its 2025/26 annual report. The levy
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Greece: Ministry of National Economy and Finance consults new crypto tax framework
Greece’s Ministry of National Economy and Finance opened a public consultation on 7 October 2026 on a draft bill that would establish a dedicated tax framework for crypto assets, including a 10% tax on capital gains made by individuals, ahead of
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Taiwan limits deductions for overseas property losses
Taiwan’s National Taxation Bureau of the Southern Area, Ministry of Finance, has clarified that losses from overseas property transactions may be deducted only against income from overseas property transactions in the same taxable year under the
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Thailand introduces 50% tax exemption for energy-saving investments
Thailand’s Revenue Department has issued Notification of the Director-General of the Revenue Department Regarding Income Tax (No. 471), setting out how individuals and companies or juristic partnerships can claim an income tax exemption on
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