Turkey advances omnibus legislation on crypto taxes, disaster relief
Turkey’s government has submitted a draft Omnibus Law to the Grand National Assembly on 2 March 2026, proposing amendments to a range of financial and administrative laws. The legislation targets tax fairness, social support, and regulatory
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Taiwan reminds businesses to submit tax returns for cancellation period
Taiwan has reminded businesses that cancelling tax registration does not end all tax obligations, and that a business tax return must still be filed for the cancellation period within the statutory deadline to avoid penalties. The Kaohsiung
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Saudi Arabia: ZATCA reminds establishments to file February withholding tax
The Saudi Zakat, Tax and Customs Authority (ZATCA) has called upon establishments subject to withholding tax in the Kingdom to submit their tax returns for February 2026, no later than 10 March 2026. This announcement was made on 5 March
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Romania: MoF announces fiscal reforms to combat tax evasion, reduce bureaucracy
Romania’s government announced on 5 March 2026 that it has approved a new Emergency Ordinance, proposed by the Ministry of Finance, designed to strengthen tax collection mechanisms while simplifying administrative procedures for businesses. The
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Romania: ANAF postpones RO e-invoice mandate for individual entrepreneurs
Romania’s tax authority, the National Tax Administration Agency (ANAF) has revised electronic invoicing regulations, granting individual service providers additional time to comply with mandatory registration requirements on 3 March
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US: IRS publishes updated depreciation tables for passenger vehicles
The US Internal Revenue Service (IRS) has published Revenue Procedure 2026-15, providing the updated 2026 depreciation tables for passenger automobiles. This revenue procedure provides: (1) two tables of limitations on depreciation deductions for
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Poland: MoF highlights option to allocate 1.5% of agricultural tax to authorised entities in 2026
Poland’s Ministry of Finance announced on 4 March 2026 that under the Agricultural Tax Act, natural persons and agricultural production cooperatives paying this tax may allocate 1.5% of their agricultural tax to eligible organisations listed by
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Hong Kong to Gazette Inland Revenue Amendment Bill 2026
The Hong Kong Government will gazette the Inland Revenue (Amendment) (Tax Concessions, Concessionary Deductions and Allowances) Bill 2026 on 6 March, introducing concessionary tax measures announced in the 2025 Policy Address and the 2026-27
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Ethiopia: Council of Ministers unveils new investment tax, customs incentives
Ethiopia’s Council of Ministers has introduced Regulation No. 586/2026, published in the Official Gazette on 23 February 2026, establishing a new system of tax and customs incentives to encourage investment in strategic sectors. The regulation
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Taiwan: Taipei Tax Bureau opens applications for 114th income tax filing support
Taiwan’s Taipei National Taxation Bureau, Ministry of Finance, has opened applications for supporting measures related to the 114th annual individual income tax return filing, scheduled for May 2026 (year 115). Taxpayers can submit requests
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Spain repeals Royal Decree-Law 2/2026 covering social measures, tax reforms, regional financing
Spain’s Congress of Deputies has officially repealed Royal Decree-Law 2/2026, originally issued on 3 February 2026. The repeal was formalised in a Congressional Resolution dated 26 February 2026 and published in the Official State Gazette (BOE) on
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Russia considers one-time tax on bank windfall profits
Russia is considering a one-time windfall tax on banking sector profits, following a bill submitted to the State Duma. The initiative, filed under Bill No. 1162521-8, was published in the chamber’s electronic database. The excess profits for
See MoreUS: IRS issues new schedule for claiming deductions on tips, overtime, auto loans, senior income
The US Internal Revenue Service (IRS) has published a new schedule for tax year 2025 on 2 March 2026, which taxpayers will use to realise important tax benefits of the One, Big, Beautiful Bill, including no tax on tips, no tax on overtime, no tax on
See MoreRomania: Emergency Ordinance targets R&D, green tech, strategic investments
Romania has published Emergency Ordinance No. 8 of 24 February 2026 in the Official Gazette, which introduced a comprehensive package of fiscal and investment measures aimed at supporting economic recovery. Emergency Ordinance no. 8/2026
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Sri Lanka amends Inland Revenue raising capital gains tax, tightens compliance rules
Sri Lanka’s government has issued a Bill amending the Inland Revenue Act on 20 February 2026, marking substantive tax changes and compliance reforms. Published in the gazette on 24 February 2026, it introduces capital gains tax rate revisions and
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Ukraine: MoF consults draft anti-tax avoidance law
Ukraine’s Ministry of Finance (MoF) has launched a public consultation, on 24 February 2026, on the Draft Law “On Amendments to the Tax Code of Ukraine regarding the implementation of rules to counter tax avoidance practices that directly affect
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Azerbaijan issues key updates to tax reforms, investment rules
Azerbaijan enacted Law No. 355-VIIQD on 23 February 2026, mandating tax registration for non-resident e-commerce operators. Businesses without permanent establishments must register electronically if their annual turnover exceeds USD 10,000 in
See MoreRomania: MoF launches blockchain-based fiscal receipt system to combat tax fraud
Romania’s Ministry of Finance, in a press release on 26 February 2026, announced that it is rolling out BF-CHAIN, an innovative project using blockchain technology to revolutionise how fiscal receipts from electronic cash registers are managed and
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