Bolivia: SIN overhauls binding tax consultation framework
Bolivia’s National Tax Administration (SIN) has issued Resolution 102600000021 on 10 June 2026, establishing a new framework for tax consultations in Bolivia, explicitly abrogating the previous regime under Resolution No. 101700000019 from
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US: National Taxpayer Advocate issues 2026 mid-year report to Congress
The US Internal Revenue Service (IRS) announced that the National Taxpayer Advocate Erin M. Collins has released her Fiscal Year 2027 Objectives Report to Congress on 24 June 2026, highlighting a largely successful 2026 filing season in which the
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Singapore clarifies timing rules for GST input tax claims
Singapore's Inland Revenue Authority of Singapore (IRAS) has clarified the rules for determining the accounting period in which businesses may claim GST input tax, including the circumstances under which claims can be based on the date of a tax
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Slovak Republic to automatically assign tax IDs to NGOs for 2027 e-invoicing
The Slovak Republic’s Financial Administration announced on 23 June 2026 that non-governmental organisations will receive automatic tax identification numbers (TIN) to prepare for mandatory electronic invoicing beginning in 2027. Approximately
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EC proposes tax simplification package to streamline compliance, boost competitiveness
The European Commission adopted an ambitious tax simplification package on 24 June 2026, that includes two legislative proposals aimed at simplifying EU tax rules: reducing compliance burdens for businesses, and strengthening the competitiveness of
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Kenya: President assents Finance Act 2026, introduces reduced CIT
Kenya's President has enacted the Finance Act 2026, bringing amendments across multiple tax statutes effective from 1 July 2026. The Presidential assent was given on 24 June 2026. The Finance Act, 2026, does not raise taxes. Instead, it
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OECD: Global Forum report highlights advances in tax transparency and information exchange
The OECD has published a new report on 19 June 2026, outlining global advancements in tax transparency and the effective exchange of information for tax purposes. Jurisdictions are making continuous progress in strengthening transparency and
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Germany: Federal Council approves tax advisory reforms, anti-profit shifting measures
The German Federal Council (Bundesrat) approved the Ninth Act Amending Provisions in Tax Consultancy Law and Tax Law on 11 June 2026. The legislation introduces a broad package of administrative, procedural and substantive tax measures designed
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Russia: Central Bank of Russia cuts key rate by 25 basis points
The Central Bank of Russia (CBR)’s Directors decided to cut the key rate by 25 basis points to 14.25% per annum on 19 June 2026. The CBR’s key interest rate is applied in calculating interest deductions and the interest on late payment of
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UAE: MoF releases e-invoicing guidelines version 1.1, adding storage and advance payment/retention clarifications
The UAE Ministry of Finance has issued the UAE Electronic Invoicing Guidelines Version 1.1, dated 1 June 2026. The key updates introduced in Version 1.1 include the addition of: Appendix 4 - Further guidance in respect of storage obligations
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Dominican Republic consults ITBIS withholding exemption for e-invoicing taxpayers
The Dominican Republic’s General Directorate of Internal Taxes (DGII) has launched a public consultation on a draft General Norm that would exempt authorised electronic invoicing taxpayers from the withholding regime for the Tax on the Transfer of
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Egypt introduces digital real estate tax platform, compliance incentives
Egypt has introduced a package of electronic real estate tax services and taxpayer relief measures, including the launch of its first mobile application for real estate tax services, expanded exemptions for primary residences and incentives for
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Singapore updates GST InvoiceNow guidance ahead of nationwide rollout
Singapore's Inland Revenue Authority (IRAS) has updated its guidance on the GST InvoiceNow Requirement, providing clearer implementation details and expanded support measures as the country moves towards mandatory e-invoicing for all GST-registered
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Switzerland completes MLI procedures for Argentina treaty, effective from 2027
Switzerland has completed the domestic steps required for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) to take effect for its covered tax treaty with Argentina, according to
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Nigeria: Federal government issues transition guidelines for Tax Acts 2025
Nigeria’s Federal Ministry of Finance announced, on 18 June 2026, that the federal government has issued the General Guidelines for the implementation of the Tax Acts 2025, setting out the process for the transition from the repealed tax laws to
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Canada: Spring Economic Update 2026 receives Royal Assent
Canada’s Department of Finance announced that Bill C‑30, An Act to implement certain provisions of the Spring Economic Update tabled in Parliament on 28 April 2026, has received Royal Assent on 19 June 2026. It delivers targeted measures to
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IMF urges Serbia to strengthen tax administration and transparency reforms to support growth
On 15 June 2026 the IMF issued a report following the Third Review under the Policy Coordination Instrument (PCI). The report notes that Serbia’s economy has remained resilient, and economic activity strengthened in 2026, following economic
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IMF urges Ukraine to reform tax system, tackle informal economy to support growth and revenue mobilisation
On 12 June 2026 the IMF issued a report following discussions with the Ukrainian authorities on the first review of the four-year extended fund facility (EFF) arrangement and the 2026 Article IV consultation. The Article IV discussions focused on
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