Saturday, August 08, 2026
The Chilean government has introduced a comprehensive tax reform draft bill before Congress aimed at reviving economic growth, attracting investment, and creating formal employment opportunities across the country. The draft legislation, presented to the Chamber of Deputies on 22 April 2026 as Bulletin No. 18216-03, proposes significant changes to the country’s tax framework with measures...
Greece’s Independent Authority for Public Revenue (AADE) has announced the launch of a new digital application designed to provide taxpayers with immediate information on certified debts against legal persons or entities for which they bear joint and several liability, in accordance with Article 49 of the Tax Procedure Code (Law 5104/2024, A’ 58). According to...
The Australian Taxation Office (ATO) has issued a notice on 28 April 2026 outlining which entities are required to lodge a general purpose financial statement. Lodging a general purpose financial statement (GPFS) is a crucial step for various entities in Australia. Under section 3CA of the Taxation Administration Act 1953, an entity is required to...
Taiwan’s Ministry of Finance has reminded taxpayers that the filing period for the 2025 individual income tax return for foreign (alien) individuals will run from 1 May to 1 June 2026. The Changhua Branch of the National Taxation Bureau of the Central Area (NTBCA) stated that alien individuals with income sourced from the Republic of...
The European Parliament endorsed its position on the Interim report on the proposal for the multiannual financial framework for 2028-2034, which was approved on 28 April 2026. The seven-year budget proposal underscores Parliament’s continued support for establishing new revenue streams, notably backing the European Commission’s “basket approach” to own resources, which encompasses taxation measures. In...
Ecuador’s Internal Revenue Service (SRI) has amended the rules governing the filing and payment of VAT through electronic systems under Resolution No. NAC-DGERCGC26-00000016, published in the Official Gazette on 15 April 2026 and entered into force on the same date. The resolution modifies the framework established by Resolution No. 1065 of 2002, which regulates the...
The Brazilian Federal Revenue Service has introduced mandatory issuance of the national standard Electronic Service Invoice for taxpayers under the Simples Nacional regime, according to Resolution CGSN No. 189 of 23 April 2026, published in the Official Gazette on 28 April 2026. The resolution amends CGSN Resolution No. 140/2018, which regulates the Simples Nacional regime,...
Turkish President Recep Tayyip Erdoğan announced, on 24 April 2026 during the “Powerhouse for Investments in the Turkey Century” programme, a comprehensive economic reform package in Istanbul aimed at strengthening the investment environment, supporting exports, and attracting international capital. The announcement was made. According to the reform package, tax incentives for transit trade and international...
Romania’s National Agency for Fiscal Administration (ANAF) initiated a public consultation, on 21 April 2026, on a draft order establishing the procedure for conducting the mutual agreement procedure (MAP), following amendments introduced to the Fiscal Procedure Code by Government Emergency Ordinance No. 11/2025. The draft sets out the framework for handling MAP cases in Romania...
Saudi Zakat, Tax and Customs Authority (ZATCA) urges all establishments to submit their Zakat returns and Corporate Income Tax (CIT) returns for the financial year ending 31 December 2025. The deadline for submission is tomorrow, 30 April 2026. This deadline is based on Article 102 of the Implementing Regulations of Zakat Collection, which requires the...