Monday, April 27, 2026
Malta and Morocco signed a protocol on 2 January 2026, amending their 2018 income tax treaty. Deputy Prime Minister Borg and Minister Chiappori signed the update to the Bilateral Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion. The protocol aligns the treaty with current international tax standards, strengthens cooperation, and...
Vietnam has enacted Law No. 108/2025/QH15 on 10 December 2025, establishing a comprehensive legal framework for managing taxes and other state budget revenues. The law defines taxpayer rights and obligations, sets out the powers of tax and customs authorities, and standardises procedures for tax registration, declarations, payments, and enforcement. The legislation applies to domestic organisations,...
Mexico signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 21 November 2025. The addendum updates the Common Reporting Standard (CRS) with additional reporting requirements adopted in 2023, including expanded information on crypto-assets, and strengthens due diligence procedures. The measure is intended to ensure the...
The South African Revenue Service (SARS) has released updated interest rate tables on 22 January 2026. Interest rates charged in terms of the legislation administered by SARS are split into three main categories, namely: interest charged on outstanding taxes, duties and levies and those payable in respect of refunds of tax on successful appeals and...
The UAE Federal Tax Authority (FTA) published the Taxpayer User Manual – Registration of Deactivated Corporate Tax TRN (Version 2.0.0.0) on 23 January 2026, providing guidance for corporate taxpayers seeking to reactivate a previously de-registered Corporate Tax Registration Number (TRN). The manual provides step-by-step instructions for navigating the EmaraTax portal, from login to submission of...
Bangladesh’s government plans to gradually withdraw its long-standing excise duty, National Board of Revenue (NBR) Chairman Abdur Rahman Khan said on 25 January 2026. Speaking at a press conference at NBR headquarters ahead of International Customs Day, he noted that a complete removal at once is not feasible due to potential revenue shortfalls. “We have...
The UK Treasury has opened a public consultation on introducing an electric vehicle excise duty (eVED), as announced in the Autumn 2025 Budget. Autumn Budget 2025 announces the introduction of eVED for electric and plug-in hybrid electric cars, which will come into effect in April 2028. Drivers will estimate and pay their mileage with their...
Zimbabwe has introduced a range of tax measures in its National Budget for 2026, which were enacted through the Finance Act 2025 (Act No. 7 of 2025) on 29 December 2025. The Finance Act of 2025 introduces significant amendments to existing tax laws, including updated provisions for income tax, value-added tax (VAT), and capital gains...
Luxembourg’s Chamber of Deputies has approved a reform that clarifies and modernises the tax treatment of carried interest, building on rules initially introduced on 24 July 2025. The reform seeks to strengthen the nation’s financial appeal by providing legal certainty and expanding the eligibility criteria for fund managers to benefit from specialised tax regimes. Key...
Lithuania’s government approved the ratification of the income tax treaty with Pakistan on 21 January 2026. Signed on 23 September 2025, this tax treaty aims to prevent double taxation and strengthen measures against tax evasion and profit shifting, in line with OECD and G20 standards. The agreement covers profit and income taxes in Lithuania and...