Monday, April 27, 2026
The Cabinet of Fiji approved the signing of the OECD–Council of Europe Convention on Mutual Administrative Assistance in Tax Matters, as updated by the 2010 protocol, on 6 January 2026. This marks the final step for the country’s removal from the European Union (EU) list of non-cooperative jurisdictions. Fiji was added to the EU Blacklist...
The Hong Kong Inland Revenue Department (IRD) updated its guidance on the global minimum tax and Hong Kong minimum top-up tax for multinational enterprise groups on 8 January 2026. The updates indicate that Hong Kong has received transitional qualified status for its Income Inclusion Rule (IIR), Hong Kong Minimum Top-up Tax (HKMTT), and Qualified Domestic...
The UK Parliament has released a statement from the Exchequer Secretary to the Treasury on 7 January 2026 endorsing the Side-by-Side arrangement for the Pillar 2 global minimum tax, recently agreed by the BEPS Inclusive Framework. Implementation in UK law will follow a technical consultation and will be included in the next Finance Bill, applying...
The Cyprus Minister of Finance issued a statement on 8 January 2026 regarding the Side-by-Side (SbS) arrangement for the Pillar 2 global minimum tax, recently endorsed by the BEPS Inclusive Framework. The release highlights that, under Council Directive (EU) 2022/2523 of 14 December 2022, safe harbour provisions like those in the SbS arrangement can be...
The Inland Revenue Authority of Singapore (IRAS) released the second edition of its e-Tax Guide on Multinational Enterprise Top-up Tax and Domestic Top-up Tax on 7 January 2026. The guide explains the new Pillar 2 Income Inclusion Rule—referred to as the Multinational Enterprise Top-up Tax (MTT)—and the Domestic Top-up Tax (DTT) introduced under the Multinational...
The Dominican Republic’s tax authority (DGII) issued Resolution DDG-AR1-2025-00008 on 17 December 2025, revising the specific tax rates applicable to the selective consumption tax on alcohol and tobacco products. The resolution informs taxpayers subject to the Selective Consumption Tax, specifically producers of alcohol, alcoholic beverages, and beer, of the applicable specific tax amounts for calculating...
Colombia’s National Directorate of Taxes and Customs (DIAN) published the 2026 tax calendar on 26 December 2025, outlining the deadlines and dates that individuals, legal entities and other taxpayers must follow to comply with their national tax obligations. The deadlines are calculated in business days, in accordance with Decree 2229 of 2023. Income Tax and...
Turkey’s Revenue Administration announced, on 7 January 2026, that the Local Minimum Supplementary Corporate Tax Return for the 2024 accounting period is now available for filing through the Digital Tax Office portal. Under the Fifth Section added to the Corporate Tax Law No. 5520 by Law No. 7524, both the Local and Global Minimum Supplementary...
The Australian Taxation Office (ATO) has released updated guidance on Pillar 2 compliance, and finalised its first round of technical updates to its global and domestic minimum tax framework. The updated guidance, published on 6 January 2026, covers lodging, payment, and other obligations, as well as specific requirements for tax consolidated groups. It has been...
Thailand’s Customs Department has issued Customs Department Announcement No. 219/2568 in the Royal Gazette on 11 December 2025, revising the criteria for imports eligible for exemption from customs duty. The changes will significantly narrow the scope of duty-free treatment for low-value goods from 1 January 2026. Under the announcement, the duty exemption under Type 12...