Tuesday, February 03, 2026
The Indirect Taxation Administration (ITA) of Bosnia and Herzegovina has raised the minimum excise duty on cigarettes and smoking tobacco, effective 1 January 2026. Cigarette prices in Bosnia and Herzegovina rose at the start of 2026 following an increase in the minimum excise duty, the ITA’s Board of Directors confirmed. The minimum excise duty for...
The income tax treaty between Hong Kong and Turkey entered into force on 30 January 2026. The treaty, signed on 24 September 2024, is the first income tax agreement between the two jurisdictions. It aims to prevent double taxation and promote greater tax cooperation and transparency. The agreement applies to Hong Kong’s profits tax, salaries...
The Inland Revenue Authority of Singapore (IRAS) has released two updated e-Tax guides on 30 January 2026: IRAS e-Tax Guide GST: Assisted Compliance Assurance Programme (ACAP) (Fifth Edition) and IRAS e-Tax Guide GST: Renewal of ACAP Status (Sixth Edition). Assisted Compliance Assurance Programme (ACAP) (Fifth Edition) The guide has been revised to include the new...
The Swiss Federal Tax Administration ( FTA) has released circulars outlining the safe-harbour interest rates for loans between shareholders and related parties. The circular covering loans in Swiss Francs (CHF) was issued on 29 January 2026, while the circular for loans in foreign currencies was published on 30 January 2026. 2026 Swiss safe harbour interest...
Taiwan’s Northern Area National Taxation Bureau of the Ministry of Finance has extended the deadline for businesses filing monthly business tax returns for January 2026 to 23 February, citing the consecutive Lunar New Year holidays. The extension applies to declarations of sales, payable, or overpaid business tax amounts and aims to ensure smooth filing operations...
China’s Ministry of Finance and the State Taxation Administration have jointly released Announcement No. 10 of 2026 on 30 January 2026, introducing a comprehensive framework to ensure a “smooth transition” following the implementation of the Value-Added Tax Law of China. The new regulations, effective 1 January 2026, focus on reducing the burden for small businesses,...
The Australian Taxation Office (ATO) has released new guidance for large privately owned and wealthy groups (private groups) on assessing and reporting SGE status on 29 January 2026. Where a private group includes an entity that is, or may be, a significant global entity (SGE), the relevant guidance should be consulted to ensure accurate SGE...
Poland’s Ministry of Finance announced that it has launched the national e-invoice system (KSeF 2.0) on 1 February 2026. Since launch, more than 50,000 invoices have already been submitted to the system. Poland’s Minister of Finance and Economy said the National e-Invoice System has launched smoothly as planned, marking a key step in standardising digital...
The Ministry of Finance and the State Taxation Administration have officially released Announcement No. 11 on 30 January 2026, providing a definitive roadmap for export tax policies under the nation’s newly implemented Value-Added Tax (VAT) Law. Effective retroactively from 1 January 2026, the announcement harmonises existing export practices with the new legal framework, affecting everything...
Australia’s government has asked the Board of Taxation to independently review the recent changes to Australia’s thin capitalisation rules. These changes were introduced in Schedule 2 of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Act 2024. In conducting the review, the Board will assess whether the amendments are operating in...