Serbia: MoF announces e-invoicing rulebook amendments, expands VAT reporting functions
Serbia’s Ministry of Finance published an updated Rulebook on Electronic Invoicing in the Official Gazette No. 71/2026 on 5 August 2026, introducing significant enhancements to the Sistem e-Faktura (SEF) platform’s VAT reporting functions.
See More
Germany unveils action plan to increase detection, penalties for tax crime
Germany is to strengthen enforcement against tax and financial crime under a joint action plan presented by Federal Minister of Finance Lars Klingbeil and Federal Minister of Justice Dr Stefanie Hubig on 16 July 2026. The action plan focuses on
See More
Oman updates VAT regulations for mandatory e-invoicing
Oman has amended its Value Added Tax Law Regulations to introduce a two-phase mandatory electronic invoicing regime, with the first group of taxpayers required to comply from 1 April 2027. Two-phase implementation Decision No. 189/2026, issued
See More
Bolivia enacts five-year tax exemptions to boost key sectors
Bolivia’s Executive Branch has published Law No. 1755 of 30 July 2026 in the Official Gazette, which entered into force on the same day. The Executive Branch has introduced tax incentives through amendments to the 2026 General State Budget,
See More
Romania: ANAF tightens VAT reimbursement screening with expanded risk criteria
Romania's National Agency for Fiscal Administration is amending Order No. 352/2022—which sets out the procedure for settling VAT returns with negative balances and reimbursement options—to incorporate new risk-detection rules introduced by
See More
Nigeria: NRS issues new guidelines on capital gains taxation, VAT refund claims
The Nigeria Revenue Service (NRS) has published three new guidelines dated 29 June 2026, incorporating changes introduced by the Nigeria Tax Act (NTA) 2025 and the Nigeria Tax Administration Act (NTAA) 2025, both of which took effect on 1 January
See More
Russia: Government proposes VAT calculation changes
The Government of the Russian Federation has submitted draft legislation to amend Article 168 of Part Two of the Tax Code of the Russian Federation, seeking to address how VAT should be treated under existing contracts when tax legislation
See More
Egypt amends VAT law with changes for medical equipment, real estate, and financial services
Egypt has enacted Law No. 149 of 2026, introducing amendments to the Value Added Tax (VAT) Law No. 67 of 2016 covering medical equipment, raw natural materials, real estate transactions, financial services and tax refunds. The law was issued by
See More
Luxembourg proposes mandatory B2B e-invoicing from 2028
Luxembourg’s parliament is considering a draft law submitted on 30 July 2026 that would introduce mandatory electronic invoicing for domestic Business-to-Business (B2B) transactions from 2028. The draft law (Bill 8815) would amend the Law of 16
See More
Bahrain: NBR updates VAT guide for financial services
Bahrain’s National Bureau for Revenue (NBR) has published VAT Financial Services Guide Version 1.4 on 3 August 2026. The latest version of the guide updates Section 10.4. Under Bahrain’s VAT rules, financial services are generally treated as
See More
France introduces new e-invoicing compliance rules
France has issued new legislation completing the regulatory framework for mandatory electronic invoicing ahead of the September 2026 implementation, introducing detailed operational, governance and compliance requirements for plateformes agréées
See More
Luxembourg proposes mandatory B2B e-invoicing under ViDA reforms
Luxembourg’s government has published a draft bill to expand mandatory electronic invoicing from business-to-government (B2G) contracts to domestic business-to-business (B2B) transactions, introducing a phased implementation from 2028. The
See MoreNigeria: NRS issues virtual asset tax framework, establishes income tax, VAT, and stamp duty obligations
The Nigeria Revenue Service (NRS) established a comprehensive framework in 2026 to regulate the taxation of virtual assets (VAs), including cryptocurrencies, stablecoins, and NFTs, through Guidelines on the Taxation of Virtual Assets ( Information
See More
Finland proposes corporate tax cuts in draft 2027 budget
Finland’s Ministry of Finance announced the draft budget for 2027 on 6 August 2026, which includes several significant corporate tax measures. The government will review the draft budget during its budget session on 1–2 September, after which
See More
Thailand extends reduced VAT rate period to September 2027
Thailand’s Revenue Department has confirmed that the Value Added Tax (VAT) rate of 7% will continue following the Cabinet’s approval of a proposal to extend the period for reducing the VAT rate until 30 September 2027. The Ministry of
See More
UK: HMRC outlines changes to VAT Capital Goods Scheme
The UK HM Revenue & Customs (HMRC) published Revenue and Customs Brief 7 (2026): Changes to the VAT Capital Goods Scheme on 30 July 2026, outlining changes to the assets covered under the VAT Capital Goods Scheme. The UK tax system simplified
See MoreGermany approves permanent 7% VAT for restaurant food
The German government has approved the Tax Amendment Act 2025 (Steueränderungsgesetz 2025), introducing a permanent 7% VAT rate for restaurant and catering food, excluding beverages, from 1 January 2026. The measure amends sec. 12 para. 2 no. 15
See MoreFrance consults revised VAT guidance for audiobook devices following Council of State ruling
France's tax authorities launched a public consultation on 29 July on a revised version of the administrative doctrine concerning the VAT rate applicable to books (BOI-TVA-LIQ-30-10-40), following a Council of State ruling that dedicated audiobook
See More