Thursday, October 29, 2026
Bangladesh and Kenya agreed to expedite the conclusion of an income tax treaty during the third round of Foreign Office Consultations in Dhaka on 14 October 2026, according to the Bangladesh Ministry of Foreign Affairs. Both sides agreed to accelerate work on pending agreements, including the avoidance of double taxation and the promotion and protection...
Oman and the Philippines concluded negotiations on an income tax treaty on 15 October 2026, according to a post by the Omani Embassy in the Philippines. The negotiations, held in Manila, aimed to strengthen tax and economic cooperation between the two countries and facilitate mutual investment. The tax treaty will take effect after the two...
The governments of Liechtenstein and Vietnam signed an income tax treaty on 18 October 2026, according to a statement from the Vietnamese government. Vietnam and Liechtenstein signed an income tax treaty following a summit between their prime ministers during Liechtenstein Prime Minister Brigitte Haas’s three-day official visit to Vietnam. The agreement formed part of broader...
Austria’s National Council approved the protocol to the 2010 income and capital tax treaty with Qatar on 14 October 2026. The protocol updates the treaty’s preamble and provisions on international shipping and air transport, dividends, and exchange of information, including a general 10% withholding tax on dividends with specified exemptions. It also introduces an entitlement-to-benefits...
The South African Revenue Service (SARS) has updated its Table 3, increasing the official interest rate used to tax interest-free or low-interest loans from 8.00% to 8.25%, effective 1 December 2025, with effect from 1 October 2026. The rate is applied to calculate interest and penalties on late tax payments. Under the Income Tax Act,...
France’s tax authority has published official guidelines (BOI-RSA-ES-20-60-20261015) on 15 October 2026 on how gains from management packages are taxed. The regime is set out in Article 163 bis H of the French General Tax Code (CGI), introduced by the 2025 Finance Act and amended by the 2026 Finance Act. It covers sales, exchanges, conversions...
The UK has ruled out raising capital gains tax in finance minister John Healey’s first budget on 28 October 2026, following warnings that higher taxes could prompt wealthy individuals to leave the country or delay selling assets, potentially reducing government revenue. The budget’s main revenue-raising measure is expected to be a levy on banks to...
Uruguay has published Decree No. 427/026 of 1 October 2026, introducing rules for withholding tax on dividends and profits under Budget Law No. 20.446 of 16 December 2025. The decree amends Decree No. 149/007 of 26 April 2007, which regulates the Non-Resident Income Tax (Impuesto a las Rentas de los No Residentes – IRNR). Signed...
Cyprus’ Tax Department announced on 19 October 2026 that individuals submitting the individual income tax return (Without Accounts) (Form T.F.1) for the 2025 tax year would be exempt from interest and monetary charges if they filed their returns and paid the corresponding taxes and contributions by 30 November 2026. Under a Council of Ministers Decree...
The OECD published the Compilation of 2026 Peer Review Reports for Country-by-Country Reporting on 19 October 2026, presenting findings on the implementation of Country-by-Country (CbC) reporting across 142 jurisdictions that submitted relevant legislation or information. The ninth annual peer review covered three areas: domestic legal and administrative frameworks, exchange of information frameworks, and the confidentiality...