Saturday, June 27, 2026
The South African Revenue Service (SARS) has published guidance outlining how in-scope multinational enterprises (MNEs) must submit the global minimum tax return (GMT01), the global minimum tax declaration form (GMT02), and the related tax calculation for the applicable fiscal year through eFiling. The guidance explains the use of the Global Information Return (GIR), a standardised...
Vietnam’s Department of Taxation has released Official Letter No. 3870/CT-CS on 10 June 2026, providing guidance on the implementation of obligations relating to Country-by-Country (CbC) Reports . The guidance follows Vietnam’s accession to the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 3 January 2025 and outlines the application of...
The Inland Revenue Department (IRD) of Sri Lanka has issued reminders to taxpayers regarding Value Added Tax (VAT) and VAT on Financial Services (VAT on FS) for the month of May 2026. Both payments and returns must be completed within the stipulated dates to avoid penalties. VAT on goods and services Taxpayers are reminded that...
Belgium has launched a public consultation on a draft undertaxed payments rule (UTPR) top-up tax form and related explanatory guidance for the 2025 tax year. UTPR explanatory guidance Issued by the Federal Public Service Finance, the official guidance and instructions for filing the 2025 assessment year tax return related to the UTPR top-up tax in...
The Netherlands Tax Administration’s Knowledge Group, responsible for specific corporate tax profit determination, has issued a position outlining the corporate income tax treatment of exit payments received by a cooperative from members who leave. The Knowledge Group regarding special corporate tax profit determination has clarified that exit payments received by a cooperative from departing members...
Belgium’s Ministry of Finance has gazetted Royal Decrees establishing the return forms for both the Qualified Domestic Minimum Top-Up Tax (QDMTT) and the Income Inclusion Rule (IIR) for the 2025 assessment year. Both Royal Decrees of 5 June 2026 include an attached form as an annex and are published in the Official Gazette No. 129...
Austria’s government has submitted the Draft Budget Accompanying Act 2027–2028 to Parliament, introducing a range of tax measures under the dual budget framework for 2027 and 2028. The proposals aim to strengthen fiscal consolidation efforts, including reducing Austria’s Maastricht deficit and enabling the country to exit the EU excessive deficit procedure after 2028. The bill...
Portugal has granted a further extension for the submission of the periodic corporate income tax return (Form 22) and the corresponding payment for the 2025 tax period, moving the deadline from 19 June to 30 June 2026. The extension was announced in Order No. 81/2026-XXV, issued on 17 June by the Secretary of State for...
The UAE’s Federal Tax Authority (FTA) has activated Pillar Two top-up tax registration on the EmaraTax portal, requiring in-scope multinational enterprise (MNE) groups to begin assessing their registration obligations and preparing the necessary documentation. The registration requirement applies to Constituent Entities that are members of an MNE Group with annual revenues of at least EUR...
The French Official Gazette on 16 June published Law No. 2026-510, which authorises the ratification of the income tax treaty and protocol with Finland. The treaty was signed on 4 April 2023 and the amending protocol was signed on 22 May 2023. The agreement will replace the existing 1970 DTA. It will enter into force...