Saturday, August 08, 2026
Greece has postponed and restructured Phase B of its e-transport mandate, introducing a two-stage implementation timeline for the digital monitoring of goods movement transmitted to myDATA under Decision A.1094/2026. Under the revised schedule, Phase B will now be implemented in two phases: From 12 October 2026, businesses will be required to activate the loading, transshipment,...
Vietnam’s Government has issued Decree No. 141/2026/ND-CP on 29 April 2026, introducing amendments and supplements to Decree No. 68/2026/ND-CP on tax policies for household and individual businesses and Decree No. 320/2025/ND-CP guiding the implementation of the Corporate Income Tax Law. Under the decree, the annual revenue threshold for tax exemption applicable to household businesses has...
The Inland Revenue Authority of Singapore issued Advance Ruling Summary No. 7/2026 on 4 May 2026, setting out income tax considerations for company amalgamations. It explains that unabsorbed capital allowances and losses of a company (the amalgamating company) transferred to another company (the amalgamated company) may be set off against the income of the amalgamated...
The South African Revenue Service (SARS) has initiated a public consultation, on 30 April 2026, on the implementation of bilateral advance pricing agreements (APAs) under double taxation agreements (DTAs), as part of an initial pilot phase of the programme. The APA framework was introduced in South Africa through the Tax Administration Laws Amendment Act 2023....
The Netherlands government has submitted the Omnibus Tax Bill (Fiscale Verzamelwet 2027) to parliament for approval. The Bill, together with its explanatory memorandum, was published on 29 April 2026. It sets out the legislative progress of the 2027 Fiscal Omnibus Act, a proposal aimed at revising multiple tax rules and related regulations in the Netherlands....
Romania has officially ratified the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI), marking a significant step in international tax cooperation. The ratification was formalised through Law No. 60, published in the Official Gazette on 30 April 2026. The STTR MLI was originally adopted in Paris on...
Australia’s Treasury has initiated a public consultation, on 1 May 2026, on the Taxation (Multinational—Global and Domestic Minimum Tax) Amendment (2026 Measures No. 2) Rules 2026 (the Amending Rules), which amends the Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024. The Taxation (Multinational—Global and Domestic Minimum Tax) Amendment (2026 Measures No. 2) Rules 2026 (the...
Turkey’s Revenue Administration has confirmed that, on 30 April 2026, Presidential Decision No. 11263 was published in the Official Gazette, introducing a temporary reduction in the accommodation tax rate. Under the Presidential Decree, the accommodation tax rate set out in Article 34 of the Expenditure Tax Law (Law No. 6802) will be applied at 1%...
Greece has updated the list of jurisdictions with which it applies the Multilateral Competent Authority Agreement on the Automatic Exchange of Financial Account Information (MCAA CRS) on a bilateral basis. The revised framework now covers 88 jurisdictions with which Greece exchanges financial account information under the Common Reporting Standard (CRS). The decision, dated 31 March...
UAE Federal Tax Authority (FTA) has announced the entry into force of Cabinet Decision No. (129) of 2025, which amends certain provisions of Cabinet Decision No. (40) of 2017 on administrative penalties imposed for violations of tax laws in the UAE. The Authority stated that the amendments are designed to support taxable persons, ease compliance...