Posts by: RF Report


Saudi Arabia: ZATCA urges zakat payers to use ZAKATY platform

The Saudi Zakat, Tax, and Customs Authority (ZATCA) has urged zakat payers to “voluntarily” make their Zakat through the ZAKATY platform or through the ZAKATY website (zakaty.gov.sa). ZAKATY allows individuals to make their Zakat through safe payment methods approved by banks, such as SADAD, Visa, and Apple Pay services, in a way that ensures fast...

Brazil, Chile tax treaty amendment takes effect

Brazil officially promulgated a protocol amending its tax treaty with Chile on 2 March 2026, according to Decree No. 12,863. The updated convention introduces significant modifications to prevent tax avoidance while eliminating double taxation on income between the two countries. Notable changes include: Royalty taxation now differentiates between types: 15% for industrial or commercial trademarks,...

Argentina revises rules governing major investment incentive program

Argentina’s Executive Branch published Decree 105/2026 in the Official Gazette on 18 February 2026, introducing a series of amendments to Decree 749/2024, which implemented the incentive regime for large investments known as the Régimen de Incentivo para Grandes Inversiones (RIGI). The Decree entered into force on the date of publication. Decree 105/2026 modifies and extends...

US, China and other governments urge Ghana to reconsider gold royalty increase

China, the US, and several Western governments are urging Ghana to halt plans to raise gold royalties, sources say. Ghana aims to replace its fixed 5% royalty with a 5–12% sliding scale linked to gold prices, seeking higher revenue from rising bullion prices. Miners warn that the top rates would make Ghana one of Africa’s...

Australia, Canada agree to revise tax treaty framework

Australian Prime Minister Anthony Albanese and Canadian Prime Minister Mark Carney issued a joint statement on 5 March 2026 at the outset of Carney’s first official visit to Australia. The two leaders have committed to modernising the two countries’ 1980 tax treaty with a view to facilitating greater investment, including joint investment, among other things....

Ecuador updates withholding tax rates, approves ethics code

Ecuador’s Tax Authority (Servicio de Rentas Internas) has issued Resolution No.NAC-DGERCGC26-00000009, updating the country’s income tax withholding framework. The Resolution, effective from 1 March 2026, replaces the previous rules under Resolution No. NAC-DGERCGC24-00000008 and consolidates withholding rates for payments and credits made by withholding agents. Withholding rates now range from 0% to 10%, depending on...

OECD updates GIR MCAA automatic exchange of GloBE information signatories list

The 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 3 March 2026. The agreement facilitates the automatic exchange of GloBE Information Returns between tax authorities and reduces compliance costs for multinational enterprise groups...

Turkey advances omnibus legislation on crypto taxes, disaster relief

Turkey’s government has submitted a draft Omnibus Law to the Grand National Assembly on 2 March 2026, proposing amendments to a range of financial and administrative laws. The legislation targets tax fairness, social support, and regulatory clarity, with particular attention to emerging areas such as crypto assets. Crypto asset taxation The draft law introduces a...

Ukraine: Parliament withdraws draft law on online platform income tax

Ukraine’s parliament has withdrawn draft Law No. 14025 on the taxation of income earned by individuals from selling goods or providing services through online platforms, after it failed to secure sufficient votes. A 5% individual income tax was proposed for qualifying Ukrainian resident sellers, to be withheld by the platform. Sellers were required to have...

Taiwan reminds businesses to submit tax returns for cancellation period

Taiwan has reminded businesses that cancelling tax registration does not end all tax obligations, and that a business tax return must still be filed for the cancellation period within the statutory deadline to avoid penalties. The Kaohsiung National Taxation Bureau of the Ministry of Finance said businesses that decide to cease operations and complete the...