Saturday, August 08, 2026
The Inland Revenue Authority of Singapore (IRAS) has released updated guidance for the Corporate Income Tax Filing Season 2026, setting the filing deadline for the Year of Assessment (YA) 2024 Corporate Income Tax Return (Form C-S/ Form C-S (Lite)/ Form C) at 30 November 2026. Filing became available from 5 May 2026. For YA 2026,...
The US House of Representatives has approved a bipartisan package of tax administration, disaster relief, and workforce-related bills aimed at modernising IRS operations, expanding taxpayer protections, strengthening the IRS whistleblower program, and extending targeted tax relief for disaster victims and other affected groups. The US House of Representatives, during the week of 27 April 2026,...
Dominican Republic’s General Directorate of Internal Taxes (DGII), under the Ministry of Finance and Economy (RNC: 401-50625-4), has announced an exceptional and general administrative extension to the deadline for the implementation of electronic invoicing for taxpayers classified as Small, Micro and Unclassified. The original deadline of 15 May 2026 has been extended by six (6)...
The income tax treaty between Cyprus and Vietnam will enter into force on 1 June 2026. Signed on 15 December 2025, it is the first such treaty between the two countries. The Agreement is intended to enhance and expand trade and economic cooperation between the two countries by ensuring equitable tax treatment and reducing opportunities...
New Zealand Inland Revenue has issued a determination on 29 April 2026, which sets the deemed rate of return, used to calculate foreign investment fund income under the deemed rate of return calculation method, for the 2025-26 income year at 7.84%. The deemed rate of return set for the 2024-25 income year was 8.04%. The...
The Inland Revenue Department (IRD) has reminded Hong Kong taxpayers that individual tax returns for the 2025/26 assessment year must be submitted promptly following their issue on 4 May 2026. Most individual taxpayers have until 4 June 2026 to file their returns—exactly one month from the issue date. However, sole proprietors receive additional time and...
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...