Monday, April 27, 2026
HM Revenue & Customs (HMRC) has issued updated guidance for the accountancy sector on compliance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017. The guidance applies to all accountancy service providers (ASPs) under HMRC supervision and sets out the standards firms must meet in areas such as...
Kazakhstan has published Government Decree No. 1199 of 31 December 2025 approving the list of goods for which value added tax may be paid using the VAT offset method on import. The decree was adopted in accordance with Articles 508 and 509 of the Tax Code and entered into force on 1 January 2026. The...
Montenegro has taken a further step toward implementing the OECD/G20 Base Erosion and Profit Shifting (BEPS) Multilateral Instrument (MLI), with its provisional list of reservations and notifications indicating that 40 of its tax treaties will be covered by the convention. The law ratifying the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base...
The Danish Official Gazette published Executive Order No. 24/2026 on 13 January, proclaiming the consolidated text of the Act on Tax-Free Business Conversion. The consolidation incorporates amendments introduced by Act No. 1576 of 27 December 2019, which entered into force on that date. The Act allows owners of personally owned businesses to elect for a...
The Colombian tax authority (DIAN) has published Resolution No. 000246 of 30 December 2025, which modifies the rules governing the submission of the fiscal reconciliation report (reporte de conciliación fiscal) and expands the group of taxpayers required to submit it through DIAN’s electronic information services. The stated purpose of the change is to enhance DIAN’s...
US President Donald Trump has announced a new 25% tariff on selected high-performance artificial intelligence chips, including Nvidia’s H200 processor and AMD’s MI325X, under a national security proclamation issued by the White House on 14 January 2026. The decision follows a nine-month investigation conducted under Section 232 of the Trade Expansion Act of 1962, which...
The Portuguese Tax and Customs Authority issued the Order of 5 January 2026, introducing new monthly withholding tax tables reflecting the updated personal income tax brackets set by the 2026 State Budget Law. Rates now range from 12.50% on income up to EUR 8,342 to 48.00% for earnings above EUR 86,634. The revised tables also...
Hungary’s tax authority published a retail tax guide on 19 December 2025, presented in a Q&A format, detailing obligations for domestic and foreign businesses, including platform operators, for the 2025 tax year. Under the rules, businesses with net revenue exceeding HUF 1 billion are subject to the tax. Retail activity is defined according to the...
The Turkish Ministry of Treasury and Finance (MoF) has released a technical guide detailing procedures for filing domestic minimum top-up tax (DMTT) returns, supporting the implementation of the minimum tax regime under Law No. 7524, which incorporates Pillar 2 GloBE rules into domestic law. The guide outlines compliance obligations for multinational enterprise (MNE) groups with...
Peru has extended tax incentives for scientific research, technological development, and technological innovation under Law No. 32539, published on 31 December 2025. The legislation continues the benefits previously established by Laws No. 30309 and 31659, allowing qualifying taxpayers to claim additional deductions for expenses on eligible projects. The incentives now apply until 31 December 2028,...