Monday, April 27, 2026
The OECD has published the revised transfer pricing country profiles, including profiles for Bosnia and Herzegovina, Brazil, Costa Rica, Croatia, Greece, Iceland, Korea (Rep.), and Norway on 22 January 2026. These profiles focus on countries’ domestic legislation regarding key transfer pricing principles, including the arm’s length principle, transfer pricing methods, comparability analysis, intangible property, intra-group...
Turkey’s Ministry of Treasury and Finance has increased the limits for cash refund claims related to withholding tax (WHT). For 2026, the maximum amount eligible for a cash refund without requiring inspection reports rises from TRY 340,000 to TRY 426,000. Where a full certification report from a sworn-in certified public accountant (Yeminli Mali Müşavir, YMM)...
Turkey’s Revenue Administration has set the asset revaluation rate for the fourth interim tax period of 2025 at 25.49%. The announcement was issued on 20 January 2026 through Corporate Tax Law Circular No. 71 (KVK-71 / 2026-1 / Investment Allowance – 57). The rate applies to both commercial and agricultural income and provides businesses with...
Poland has announced the thresholds for several small-taxpayer regimes, including the reduced corporate tax rate, the simplified VAT scheme, the simplified flat-rate tax, and the investment incentive deduction for 2026. The new thresholds correspond to the PLN equivalents of EUR 2 million (for the reduced tax rate, VAT regime, and flat-rate tax) and EUR 50,000...
Croatia issued Ordinance Amending the Ordinance on the Automatic Exchange of Information on 31 December 2025, updating the rules on the automatic exchange of information to align with new EU reporting standards. The amendments introduce fresh obligations and procedures linked to two major EU directives: DAC8 (Council Directive (EU) 2023/2226) of 17 October 2023 DAC8...
Luxembourg has gazetted the municipal rate multipliers for commercial and property taxes for the 2026 tax year. The published tables also provide details of deliberation dates and Grand Ducal approvals throughout 2025, offering transparency on fiscal obligations for businesses across Luxembourg. Communal Commercial Tax Rates for 2026 Commune Deliberation Date Grand Ducal Decree Date ICC...
Qatar’s Ministry of Foreign Affairs released a joint statement announcing that Qatar’s Amir Tamim bin Hamad Al Thani and Canadian Prime Minister Mark Carney met on 18 January 2026 to discuss bilateral relations and agreed to start negotiations for an income tax treaty. The statement added that Qatar and Canada have agreed to deepen economic...
Switzerland has updated its list of jurisdictions for the automatic exchange of Country-by-Country (CbC) reports under the Multilateral Competent Authority Agreement on Automatic Exchange of Country-by-Country Reports (CbC MCAA). Decision No. RO 2026 28, published on 20 January 2026 in Official Gazette No. 9, adds Senegal to the exchange list. The update applies from 13...
Officials from Argentina and Vietnam held the first round of negotiations for an income tax treaty from 12 to 16 January 2026. The aim is to prevent double taxation and tax evasion between the two jurisdictions, as well as encourage greater foreign investment. Any resulting agreement must be finalised, signed, and ratified before entering into...
Taiwan’s Northern National Taxation Bureau of the Ministry of Finance has reminded profit-seeking enterprises that when calculating Controlled Foreign Corporation (CFC) annual earnings, investment gains or losses originating from “low-tax jurisdictions” cannot be deducted. This announcement was made on 22 January 2026. According to Article 6 of the Regulations Governing the Recognition of Income of...