Saturday, June 27, 2026
The Cyprus Tax Department announced, on 26 March 2026, the introduction of a temporary change in how certain contributions are paid for the 2026 tax year. For the time being, taxpayers will make payments for the following contributions directly through the Tax Portal (https://taxportal.mof.gov.cy/) without filing a declaration via TAXISnet: Defence and Health (GeSY) withholding...
The Dutch Government has published the Spring Memorandum 2026, updating the 2026 budget and outlining forward-looking plans, including a range of tax measures. Key provisions reflect those agreed in the Coalition Agreement for 2026–2030, released in January 2026. The Spring Memorandum is an update of the budget for 2026 and an outlook on the plans...
The Australian Taxation Office (ATO) has released a notice on 26 March 2026 outlining four essential steps for businesses to comply with their fringe benefits tax (FBT) obligations for the year ending 31 March 2026. The FBT year runs from 1 April 2025 to 31 March 2026. A smoother FBT tax time starts with getting...
The Belgian Ministry of Finance has released Circular 2026/C/45 on 19 March 2026, introducing an addendum to the transfer pricing guidance set out in Circular 2020/C/35. The Circular clarifies how multinational enterprises should apply streamlined transfer pricing methods to qualifying distribution transactions. This update incorporates the OECD Report on Amount B into Belgian administrative practice,...
Taiwan’s Taxation Administration has announced that the statutory payment period for the vehicle license tax of 2026 is 1 April 2026 to 30 April 2026. Taxpayers are reminded to complete payment within the given timeframe. The Taxation Administration states that in order to provide multiple convenient channels to pay tax, the Ministry of Finance provides...
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance clarified that businesses exclusively engaged in the sale of unprocessed fresh agricultural, forestry, fishery, and livestock products, including by-products, are exempt from business tax and may be exempt from tax registration. However, they are still required to report their profits in accordance with the...
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance has clarified that when a profit-seeking enterprise purchases land but registers it under another person’s name and later sells it, such a transaction constitutes a transfer of creditor’s rights. Accordingly, the enterprise must pay corporate income tax in accordance with the law, and the...
Austria has updated the lists of participating and reportable jurisdictions for the automatic exchange of financial account information under the Common Reporting Standard (CRS), as published in the Federal Law Gazette (BGBl. II 64/2026) on 20 March 2026. The regulation, adopted by the Federal Minister of Finance, revises the list of participating states under the...
Ukraine’s Cabinet of Ministers approved three draft laws on 30 March 2026, introducing significant tax reforms. These changes aim to bring shadow economy activities into the formal sector, create fair competition, and generate revenue for post-war reconstruction while aligning with EU and OECD standards. Digital platform reporting and information exchange (DAC7) Starting 1 January 2027,...
The European Parliament announced on 26 March 2026 that its members endorsed their position on two proposals covering tariff arrangements under the EU-US Turnberry trade deal. The agreement, reached in summer 2025, aims to remove most tariffs on American industrial products while granting preferential access for US seafood and agricultural goods, reflecting commitments made in...