Australia: ATO raises Division 7A benchmark interest rate for 2026–27
The Australian Taxation Office (ATO) has updated the Division 7A benchmark interest rate used to calculate the minimum repayments required for amalgamated private company loans to shareholders on 1 July 2026. If the required repayment is not met,
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South Africa: SARS updates interest rates on taxes, refunds, credit amounts
The South African Revenue Service (SARS) has released updated interest rate tables on 20 July 2026. The revised tables set out the applicable interest rates on outstanding taxes, interest rates payable on certain tax refunds, and interest rates
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Ireland publishes report on proposed eWHT consultation
The Irish Department of Finance and Revenue published the report on the public consultation on the proposed electronic withholding tax (eWHT) model on 22 July 2026. The consultation, which ran from 5 December 2025 , invited views from businesses,
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Taiwan clarifies business tax registration rules for influencers
Taiwan’s Northern Region National Taxation Bureau of the Ministry of Finance stated, on 23 July 2026, that, with the rapid growth of social media platforms and online self-media, it has become increasingly common for influencers to receive
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Greece simplifies application process for investor flat-tax regime for new tax residents
Greece’s The Independent Authority for Public Revenue (AADE) has simplified the application process for the alternative taxation regime for foreign-source income for new tax residents investing in Greece under Article 5A of the Income Tax Code
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Hungary: Central Bank lowers base interest rate
Hungary's National Tax and Customs Administration has announced that the Hungarian National Bank reduced its base interest rate from 6.00% to 5.75%, effective 22 July 2026. The rate had previously been lowered from 6.25% to 6.00% on 24 June
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China rolls out digital invoice implementation with regional phase-outs of paper invoices
China is advancing invoice digitalisation by phasing out paper invoices and expanding fully digital e-invoices as part of broader tax administration reforms to reduce costs, improve compliance, and support digital transformation. Zhejiang
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UK: HMRC initiates tax consultations on NICs, brownfield relief, development costs
The UK’s His Majesty's Revenue and Customs (HMRC) has launched three tax consultations as part of the Finance Bill 2026 programme, seeking views on changes to the recovery framework for National Insurance contributions (NICs), reforms to Land
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Germany unveils anti-tax evasion package with tougher penalties, AI-powered enforcement
Germany's government has unveiled an ambitious 26-point package aimed at strengthening the country's response to tax evasion, financial crime and illicit financial activity through tougher sanctions, enhanced enforcement powers and greater use of
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Chile: SII releases list of registered betting platforms under Digital VAT regime
The Chilean Internal Revenue Service (SII) has announced that 25 online betting platforms registered under the simplified tax regime for declaring and paying VAT on Digital Services between 14 and 15 July 2026, following the introduction of
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Argentina extends deadline for submission of financial statements, accounting docs
Argentina's tax authority (ARCA) has extended the deadline for submitting financial statements and related accounting documentation until 31 July 2026 for eligible taxpayers whose fiscal year ended in December 2025, under General Resolution No.
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Bosnia and Herzegovina adopts broad package of economic, energy, administrative measures
Bosnia and Herzegovina's Republic of Srpska has adopted a regulation introducing pension and family support measures, public investment and borrowing initiatives, new energy concessions and electricity licences, extensive appointments across public
See MoreAustralia: ATO publishes exchange rates for financial year ending June 2026
The Australian Taxation Office (ATO) has published the foreign exchange rates for the financial year ending 30 June 2026, including annual average exchange rates and the nearest actual exchange rates as of 30 June 2026 for 18 currencies. All
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Germany updates 2026 basis for negotiating double taxation agreements
Germany has published the 2026 update to its basis for negotiating Double Taxation Agreements (DTAs) covering taxes on income and on capital. The document serves as the Federal Government's starting point for treaty negotiations with foreign states
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Uruguay issues reporting requirements for digital platform operators
Uruguay published Resolution No. 1.518/2026 on 30 June 2026 in the Diario Oficial on 1 July 2026, establishing reporting requirements for Digital platform operators acting as intermediaries in the rental of immovable property in the
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EU: Parliament adopts ‘EU Inc’ framework, centralised VAT regime to boost competitiveness
Members of the European Parliament have adopted a resolution (TA-10-2026-0270) outlining tax measures aimed at enhancing the EU's competitiveness on 9 July 2026. The proposals include simplifying VAT procedures, introducing coordinated and
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Kenya: KRA sets 8% interest rate for fringe benefits, non-resident loans through year-end
The Kenya Revenue Authority (KRA) released a public notice on 8 July 2026 regarding updates to the market interest rate for fringe benefit tax and the deemed interest rate on specific non-resident loans for July, August, and September
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Brazil announces scheduled CNPJ system shutdown ahead of alphanumeric Tax ID rollout
Brazil's Federal Revenue Service (RFB) has announced on 7 July 2026 that its CNPJ Mainframe environment will be unavailable on 25 July 2026, from 7:00 am to 7:00 pm, to facilitate the implementation of the new alphanumeric CNPJ (Brazilian National
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