UAE: MoF updates VAT law to enhance transparency and efficiency
The UAE’s Ministry of Finance (MoF) has announced on 3 December 2025, the issuance of Federal Decree-Law No. (16) of 2025 amending certain provisions of Federal Decree-Law No. (8) of 2017 on Value Added Tax, which will enter into force as of 1
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Belgium: SPF Finances introduces a three-month grace period for e-invoicing from January 2026
Belgium’s tax authority (SPF Finances) announced on 2 December 2025 that businesses subject to VAT will have a 3-month grace period to comply with the new electronic invoicing requirement. This rule, which officially takes effect on 1 January
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Lithuania: VMI updates guidance on input VAT deduction
Lithuania’s State Tax Inspectorate (VMI) has issued an updated commentary on the right to deduct input value added tax (VAT) under Article 57 of the Law on VAT, published on 28 November 2025. The revised guidance clarifies which taxpayers are
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Oman: OTA issues draft e-invoicing data dictionary
The Oman Tax Authority (OTA) has released the draft e-invoicing data dictionary to selected taxpayers ahead of the August 2026 rollout. It defines standard data elements, validation rules, and code lists for all transaction types across B2B, B2C,
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Ghana: Parliament approves Value Added Tax Bill 2025
Ghana’s Parliament has passed the Value Added Tax 2025 on 27 November 2025. The purpose of the Bill is to revise and consolidate the framework governing the Value Added Tax. Presenting the Finance Committee’s report to Parliament, the
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Ireland: Revenue updates guidance on territorial scope of VAT Groups
Irish Revenue issued eBrief No. 216/25 on 19 November 2025, providing new and updated guidance on the territorial scope of VAT Groups. The updates aim to clarify how VAT Groups operate in Ireland and which entities can be included under
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UAE details fines for e-invoicing violations
The UAE Ministry of Finance has detailed penalties for violations of the country’s Electronic Invoicing System under Cabinet Decision No. 106 of 2025. The Decision, approved by the UAE Cabinet and presented by the Minister of Finance, follows a
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UK: Government releases 2025 budget, mandates VAT e-invoicing from 2029Â
The UK government published Budget 2025 on 26 November 2025, introducing various measures to improve digital tax administration. One key measure is the requirement for all VAT invoices to be electronic from 1 April 2029. The shift to e-invoicing
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Russia: State Duma approves 2026 tax code amendments
Russia’s State Duma has approved amendments to the Tax Code introducing key tax measures for 2026. Draft Law No. 1026190-8 passed its third and final reading on 20 November 2025. Under the changes, the standard VAT rate rises from 20% to 22%.
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France: National Assembly rejects first part of 2026 Finance Bill
France’s National Assembly rejected the revenue (tax) section of the 2026 Finance Bill on 22 November 2025. A general vote held the previous day resulted in the Bill being rejected at its first reading after several weeks of public debate, with
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Russia: MoF to introduce 2026 VAT measures for marketplace sales
Russia’s Ministry of Finance has clarified that taxpayers using the simplified taxation system can sell goods on marketplaces without paying VAT, and such transactions do not constitute a tax violation. This announcement was made on 21 November
See MoreFrance considers two-year grace period for e-invoicing mandate
France is considering a two-year grace period for its upcoming B2B e-invoicing and e-reporting requirements. Amendment n° I-1028 to the 2026 Finance Bill proposes suspending fines under Article 1737, Section III of the General Tax Code for
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France: Public Finances Authority clarifies VAT treatment of prepared food product deliveries between businesses
France’s public finances authority has clarified the applicable Value Added Tax (VAT) rate for successive deliveries of prepared food products made between VAT-registered businesses before being sold as takeaway to the final consumer. The
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Slovenia: National Assembly adopts budgets for 2026, 2027
Slovenia’s National Assembly has adopted amendments to the state budget for 2026 and 2027 on 19 November 2025. The budget proposes systemic reforms to strengthen science, expand access to affordable housing, promote investment, accelerate the
See MoreRussia: State Duma passes major tax reform bill, introduces sector-specific measures
Russia’s State Duma has approved in its third reading a wide-ranging tax policy bill introducing new personal income tax (PIT) benefits, expanding support for families and participants in the Special Military Operation (SMO), and revising several
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OECD highlights achievements and obstacles in Brazil’s consumption tax reform
The OECD has published a report titled “The reform of Brazil's consumption tax system" on 10 November 2025, outlining both the milestones reached and the ongoing challenges in reforming Brazil's consumption tax system. Brazil’s 2023
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Ghana: MoF presents 2026 budget, proposes VAT reforms
Ghana's Ministry of Finance has presented the 2026 Budget Speech to parliament on 13 November 2025, introducing various tax measures, including VAT reforms. The key tax measures are as follows: VAT reforms Ghana's government is proposing
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Hungary: Parliament adopts revised global minimum tax, reporting regulations
Hungary’s parliament approved two bills (T/12802/7 and T/12801/12) on 18 November 2025 that introduce significant updates to the country's tax framework and reporting obligations. Among the key changes, the legislation revises Hungary’s
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