Sunday, May 17, 2026
The Sri Lankan Inland Revenue Department (IRD) has issued a Notice on 4 May 2026 to Value Added Tax (VAT) Registered Persons announcing the implementation of a National e-Invoicing System under the National Budget 2026. The project has already commenced with a pilot phase involving a selected group of VAT registered persons, whose Enterprise Resource...
Turkey’s Planning and Budget Commission of the Grand National Assembly has approved a draft omnibus law that would establish a significantly reduced corporate tax rate for domestic manufacturing and agricultural producers, marking a major shift in the country’s tax policy. The legislation proposes amendments to several key statutes, including the Corporate Income Tax Law. New...
Switzerland and France have concluded a new mutual agreement on the taxation of cross-border teleworking on 1 May 2026. This announcement was made by the State Secretariat for International Financial Matters (SIF) on the same day. The arrangement was concluded on 29 April 2026 and is based on the provisions of the supplementary agreement of...
Peru’s Official Gazette published a Ministerial Resolution on 4 May 2026 confirming that officials from Peru and Singapore will hold the fourth round of negotiations for an income tax treaty from 16 to 19 June 2026. Negotiations for the income tax treaty originally began in 2011. If concluded, the agreement will be the first income...
Botswana’s Ministry of Finance has stated that officials from Botswana and Rwanda signed an income tax treaty on 6 May 2026. At a joint Rwanda–Botswana presidential press briefing held, several agreements were concluded. Among them, Botswana’s Minister of Finance and Vice President Ndaba Gaolathe and Rwanda’s State Minister Ms Linda Rusagara signed the income tax...
Greece’s Ministry of National Economy and Finance and the Independent Authority for Public Revenue (AADE) have announced an extension of the special taxation regime under Article 5C of the Income Tax Code (ITC), expanding eligibility to include employees of the Greek public sector. The extension has been introduced through decision A.1138/2026, signed by Deputy Minister...
Romania’s National Agency for Fiscal Administration (ANAF) published a draft order on 16 January amending Order No. 3789/2024, which governs the mandatory RO e-Invoice Register. The update introduces revised procedures and a new Form 082 that allows taxpayers to both register and deregister from the electronic invoicing system. The changes stem from Government Emergency Ordinance...
Austria’s Ministry of Finance has published a draft bill introducing amendments to various tax laws and has opened a public consultation. The proposal aims to improve tax fairness, combat tax fraud, reduce the tax burden on workers, and simplify administrative procedures. The draft, titled the Austrian Federal Tax and Financial Law Amendment Act 2026, includes...
Romania’s government gazetted Government Emergency Ordinance (GEO) No. 13/2026 on 9 March 2026, which introduces a series of fiscal and budgetary reform measures primarily aimed at protecting the state budget by tightening controls on debt collection and the trade of excisable products. The ordinance introduces and refines definitions for various economic operators to ensure a...
Morocco’s tax authority (DGI) is set to implement a nationwide electronic invoicing system starting in 2026, marking a significant advancement in the country’s tax administration modernisation efforts. The announcement was made by Younes El Idrissi El Kaitouni, Director General of Taxes, during a conference on 16 April 2026, where he confirmed the system has moved...