Monday, April 27, 2026
Taiwan’s Profit-seeking enterprises that have been approved to suspend operations in the 2025 tax year (Year 114 of the Republic of China calendar) are still required to file their income tax returns within the statutory deadline this May, according to the Kaohsiung National Taxation Bureau. Failure to comply may result in late-filing or non-filing penalties...
Irish Revenue published eBrief No. 078/26 on 15 April 2026, announcing a reduction in mineral oil tax on certain fuels, and a postponement of the scheduled carbon tax increase. The Tax and Duty Manual on Excise Duty Rates on Energy Products and Electricity Taxes has been updated to reflect these changes. It confirms temporary reductions...
The French tax administration announced penalty relief for companies on 14 April 2026, that incorrectly claimed a reduced corporate income tax rate, following a landmark decision by the Council of State in March 2025. On 13 March 2025, France’s highest administrative court ruled in case No. 481,538 (TDA Company) that businesses must consider their entire...
The Italian Revenue Agency has introduced new tax codes to facilitate payments under two distinct fiscal frameworks: the Transition 5.0 plan and the reformed controlled foreign companies (CFC) regime. These updates aim to streamline tax compliance for businesses navigating recent legislative changes. Transition 5.0: New code for partial credit Resolution No. 14 of 16 April...
The African Tax Administration Forum (ATAF) and the OECD have completed a new series of joint workshops to support advancing transfer pricing simplification across the African region, bringing together more than 130 participants from 17 African countries. Delivered in French, the workshops brought together tax officials from French-speaking African countries alongside experts from ATAF, the...
Taiwan’s Taipei National Taxation Bureau, Ministry of Finance has announced that the online filing software for the 114th (2025) fiscal year corporate income tax has been available on the Ministry of Finance’s Electronic Filing and Payment Service website (https://tax.nat.gov.tw) from 15 April 2026. Corporations, as well as educational, cultural, public welfare, and charitable institutions or...
China and Vietnam signed an Agreement on Cooperation and Mutual Administrative Assistance in Customs Matters on 15 April 2026, alongside several other bilateral cooperation agreements. According to Xinhua News Agency, the agreements were concluded during a state visit to China by Vietnamese President To Lam. The Agreement on Cooperation and Mutual Administrative Assistance in Customs...
Denmark expanded its economic engagement with India on 8 April 2026 with the launch of the Indian Danish Chamber of Commerce (IDCC) in New Delhi, aiming to strengthen trade, investment and business linkages ahead of the anticipated ratification of the India–EU FTA by the end of 2026. The IDCC will act as a structured platform...
Singapore’s Inland Revenue Authority of Singapore (IRAS) has announced that around SGD 1 million taxpayers will receive their tax bills directly from mid-March 2026 under the Direct Notice of Assessment (D-NOA) initiative for the Individual Income Tax Season 2026. Over SGD 2 million individual taxpayers are expected to benefit from the No-Filing Service (NFS) in...
Ecuador’s Internal Revenue Service (SRI) has issued a Circular on 31 March 2026, setting out detailed guidance on the application of Value Added Tax (IVA) to digital services, with a particular focus on sports betting (sports forecasts), online gaming and streaming services. The Circular confirms that the applicable IVA rate is 15% and defines digital...