Tuesday, March 17, 2026
The Australian Taxation Office (ATO) has announced a lodgment deferral for country-by-country (CbC) reporting entities, extending the deadline for filing CbC statements to 30 January 2026. Under the deferral, in-scope entities must lodge all required CbC reporting components — the Local file, Master file and CbC report — by the extended deadline. The extension, published...
Latvia published the Law on Amendments to the Law on Taxes and Duties in the Official Gazette on 21 November 2025, introducing measures to implement Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8), including new reporting and due diligence requirements for crypto-asset service providers. DAC8 provides for the automatic exchange of information on crypto-assets...
The Netherlands and Thailand signed a new income tax treaty on 21 November 2025 during the 4th EU Indo-Pacific Ministerial Forum (IPMF) in Brussels. The new agreement aims to align with the latest international standards and implement recommendations from the OECD/G20 Base Erosion and Profit Shifting (BEPS) framework. The treaty covers a range of taxes,...
Belgium’s government reached a budget agreement for 2026 on 24 November 2025 after months of tense negotiations, Prime Minister Bart De Wever announced. Following a Christmas deadline he set for his five-party coalition, he reached a deal that includes tax increases on share purchases, airplane tickets, and natural gas, as well as a new tax...
Estonia gazetted the law ratifying the income and capital tax treaty with Liechtenstein on 19 November 2025. Signed on 10 July 2025, the agreement seeks to eliminate double taxation and prevent tax evasion. The treaty covers Estonian income tax, Liechtenstein’s corporate income tax, personal income tax, real estate capital gains tax, and wealth tax. It...
Several Trump administration officials are reconsidering the timing of the long-promised semiconductor tariffs, with people familiar with internal discussions indicating that officials have recently begun signalling a slower, more cautious rollout, according to a report by Reuters. Over the past several days, US officials have quietly told industry representatives and government contacts that the rollout...
Lithuania has proposed an amendment to its Corporate Tax Law that would increase the additional tax on banks and credit institutions from 5% to 10%. The draft, registered with the Seimas on 10 November 2025 under project No. XVP-973, targets Article 38 of Law No. IX-675. The amendment revises the rules governing the additional tax...
Liechtenstein’s parliament has approved the ratification of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 7 November 2025. Liechtenstein signed the GIR MCAA on 29 September 2025. GIR MCAA enables centralised filing of the GloBE Information Return, allowing tax authorities to automatically exchange data while reducing compliance burdens for...
The Organisation for Economic Cooperation and Development (OECD) published an updated list of signatories, including their signing dates, to the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA) on 5 November 2025. Hungary is the latest signatory to join the GIR MCAA. This agreement aims to streamline...
The President of the Slovak Republic, Peter Pellegrini, signed the law ratifying the protocol to the 2016 income tax treaty with Iran. Signed on 9 April 2025, this is the first protocol to amend the treaty. The treaty between the Slovak Republic and Iran was signed on 19 January 2016, and aimed at preventing double...