Japan: DTA with Iceland signed

Japan's Ministry of Foreign Affairs announced on 13 March 2026 that officials from Japan and the Czech Republic have successfully concluded negotiations and agreed in principle on a new income tax treaty. The agreement was initialled by both parties

The Icelandic Court of Appeals (Landsréttur) upheld the ruling of the District Court of Reykjavík in Iceland’s first transfer pricing case (No. 213/2025) on 19 February 2026.  The court confirmed that taxpayers must prove that related-party

Japan’s Cabinet has submitted the 2026 tax reform package to the National Diet of Japan, proposing amendments to global minimum tax rules, income tax provisions and consumption tax regulations. The bill updates Japan’s global minimum tax

The Japanese Ministry of Foreign Affairs announced on 20 February 2026 that the fourth round of negotiations with Ukraine on revising the Investment Protection Agreement (2015) took place from 17 to 19 February 2026. Both parties committed to

Bosnia and Herzegovina’s Ministry of Foreign Affairs announced that officials from Bosnia and Herzegovina and Iceland held talks on 18 February 2026 to review bilateral relations. The meeting marked the start of preparations for negotiating an

On 17 February 2026 the IMF issued a report following consultations with Japan under Article IV of the IMF’s articles of agreement. The report notes that Japan’s economic growth has been resilient following the global economic shocks, but this