Friday, October 09, 2026
The OECD released the 11th edition of the full version of the “OECD Model Tax Convention on Income and on Capital 2025” on 30 September 2026. The publication sets out the changes introduced in the 2025 update to the OECD Model, which were approved on 18 November 2025. The OECD Model Tax Convention provides a...
Kuwait’s Ministry of Finance (MoF) had updated its tax services portal on 28 September 2026 to allow multinational enterprise (MNE) groups registered for the Domestic Minimum Top-up Tax (DMTT) to review and amend their registration applications. The update also requires all registered MNE groups to submit an update request, while enabling constituent entities (CEs) to...
The Mauritius Cabinet approved the signing of an income tax treaty with the Czech Republic on 25 September 2026. This agreement aims to prevent double taxation and reduce the risk of tax evasion. This follows negotiations on the treaty between the two countries, which concluded in January 2026. Any resulting treaty between the two countries...
Serbia’s Parliament has enacted the Law on Amendments to the Law on Free Zones, published in the Official Gazette of the Republic of Serbia No. 80/2026. The Law entered into force on 8 September 2026. The Law on Amendments to the Law on Free Zones introduces significant operational, procedural, and compliance updates for companies managing...
The Czech Republic Senate has approved the ratification of the income and capital tax treaty with Argentina on 30 September 2026. This agreement aims to prevent double taxation on income and capital between the two countries while addressing tax avoidance and evasion issues. The treaty sets maximum withholding tax rates of 10% or 15% on...
The Trump Administration is actively considering a diesel export ban as fuel prices continue climbing across the US. President Trump stated on 30 September 2026 that conversations about blocking diesel exports happen daily, with the administration scrambling to address soaring energy costs heading into the midterm elections. Diesel prices reached USD 6.53 per gallon just...
The Indonesian government announced plans to increase the income tax-free threshold for the first time in ten years. Airlangga Hartarto, Coordinating Minister for Economic Affairs, revealed the decision on 1 October 2026 as part of a broader stimulus effort aimed at boosting household spending power. The current threshold stands at IDR 54 million annually. This...
The OECD introduced a new capacity-building programme on 22 September 2026 aimed at strengthening judges’ expertise in international taxation across Eastern Europe and Central Asia. The initiative emerged from successful judicial training efforts in Ukraine and seeks to expand that model across the region through a train-the-trainer approach. Inaugural session draws over 100 judges The...
The Azerbaijan Cabinet has issued Resolution No. 295 of 14 September 2026, amending Resolution No. 387 of 30 October 2023. These updates refine the legal framework governing electronic tax registration, VAT registration, reporting, and payment procedures for non-resident entities delivering e-commerce goods and services in Azerbaijan. The amendments also detail the administrative procedures, necessary documentation,...
The US Court of International Trade heard arguments on 30 September 2026 over the legal validity of President Trump’s global tariffs. Three federal judges examined whether the administration exceeded its authority by imposing tariffs on imports from 60 trading partners, including the European Union and China. The tariffs range from 10% to 12.5% This follows...