Thursday, October 29, 2026
Ireland’s Department of Finance announced yesterday, 19 October 2026, the publication of the Finance (No. 2) Bill 2026 and its accompanying Explanatory Memorandum to implement Budget 2027. The Bill includes changes to corporate and personal taxation, Pillar Two legislation, investment tax reliefs and property taxes. Corporate tax and business measures Research and development tax credit...
Kazakhstan has collected KZT 8 billion in taxes from two foreign technology companies. The State Revenue Committee of the Ministry of Finance announced the payments on 19 October 2026. Payments from Pinduoduo and Anthropic Pinduoduo paid KZT 6.8 billion. Anthropic PBC, the developer of the Claude AI assistant, transferred KZT 1.2 billion. The payment covers...
Estonia’s government has approved a draft law to ratify a new income and capital tax treaty with the UK on 15 October 2026. The treaty was signed on 28 August 2026 and will replace the tax treaty of 1994 between the two countries. The treaty covers Estonian income tax. In the United Kingdom, it covers...
Brazil’s federal government has published Provisional Measure No. 1,395/2026 in the Official Gazette on 9 October 2026, extending fuel subsidy measures introduced earlier this year to contain rising gasoline and diesel prices amid geopolitical tensions in the Middle East. The extension provides an extraordinary credit of BRL 7.52 billion in the 2026 Budget to support...
Chile’s tax administration (SII) has issued Official Ruling No. 2695 on 8 October 2026, which provides definitive guidance on how a Chilean tax resident must declare tax directors’ fees (asignaciones de director) received from a company incorporated abroad in a jurisdiction with an active Double Tax Treaty (DTT) with Chile. Reclassification of foreign directors’ fees...
Germany’s Federal Ministry of Finance (BMF) issued a supplementary letter on mandatory domestic business-to-business (B2B) e-invoicing on 15 October 2026. The letter amends the VAT Implementation Decree (Umsatzsteuer-Anwendungserlass, UStAE) and provides further clarification on the implementation of the e-invoicing mandate. The rules apply to transactions performed after 31 December 2024, while respecting transitional provisions through...
The Dutch parliament has passed the first implementing stage of the VAT Digital Age Implementation Act (ViDA). On 6 October 2026, the Dutch Senate passed the legislation without debate or voting as a hammer piece. King Willem-Alexander and State Secretary of Finance E. Eerenberg formally enacted the statute on 7 October 2026. The formal royal...
Slovenia’s Financial Administration (FURS) has provided detailed guidance on the tax treatment and social security contribution rules for annual holiday allowances (regres za letni dopust) on 12 October 2026. This framework clarifies how tax-exempt thresholds are determined across full-time, part-time, and multi-employer employment contracts, as well as reporting obligations when employment conditions change post-payment. The...
Chile’s tax administration, the Internal Revenue Service (SII) announced on 19 October 2026 that it will offer property tax relief to owners whose homes and buildings suffer damage from natural disasters in 2026. The agency wants tax bills to match a property’s value after an event. The relief covers properties hit by fires, floods, earthquakes,...
The Cyprus Taxation Department has confirmed on 19 October 2026 that the zero rate of value added tax (VAT) will continue for a set of basic goods throughout 2027. The extension follows a Decree of the Council of Ministers dated 16 October 2026 (C.D.P. 362/2026). The department published its announcement on 19 October 2026. The...