Monday, April 27, 2026
Taiwan Northern Area National Taxation Bureau of the Ministry of Finance (MOF) stated that when business operators sell goods or services, the listed prices of taxable items must include value-added tax (VAT). Uniform Invoices must be issued in accordance with the prescribed time limits for issuing sales documents. Businesses may not require consumers to pay...
The Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Steueränderungsgesetz 2025) on 19 December 2025, providing tax relief measures for individuals and other technical amendments to various tax laws. Income tax: Increase in commuter allowance (distance lump sum) to 38 cents per kilometre from the first kilometre. Removal of the time limitation on the...
Austria’s Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Abgabenänderungsgesetz 2025) on 18 December 2025. The act updates several tax laws and ensures national legislation aligns with EU requirements. It also aims to simplify administration and enhance legal certainty. The legislation amends a wide range of statutes, including the: Income Tax Act 1988, Corporation...
Luxembourg’s Chamber of Deputies (Parliament) adopted, in first reading on 17 December 2025, a bill to transpose the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC9, 2025/872) into national law. The bill establishes a framework to simplify filing obligations and facilitate information exchange by multinational enterprises (MNEs) and large domestic groups under the...
The Australian government announced in its Mid-Year Economic and Fiscal Outlook (MYEFO) 2025-2026 that it will implement the OECD Crypto Asset Reporting Framework (CARF) for the automatic exchange of tax relevant information on crypto assets, commencing in 2027 with the first exchange of information with foreign tax authorities to take place in 2028. The government...
Hungary’s National Tax and Customs Administration (NAV) has published draft amendments for the monthly tax and contribution return (Form 2608) on 18 December 2025. The form, which covers taxes and contributions related to payments and benefits, is undergoing significant changes effective 1 January 2026. These amendments to the form aim to help taxpayers prepare and...
The Kenya Revenue Authority (KRA) advised in a public notice on 19 December 2025 that under Regulation 2 of the Tax Procedures (Common Reporting Standards) Regulations, 2023, and the Commissioner’s powers under the Tax Procedures Act, Cap 469B, the official list of jurisdictions applicable for the Common Reporting Standard (CRS) has been published for Reporting...
Poland’s Ministry of Finance announced on 19 December 2025 that starting 1 January 2026, applications submitted via ePUAP by individuals or entities that are not public bodies to tax authorities or KAS will no longer be legally recognised. Legally effective submissions must be made either: to the official electronic delivery address of the tax authority,...
UAE’s Ministry of Finance (“MoF”) has announced on 19 December 2025 the issuance of Cabinet Decision No. 153 of 2025 regarding the application of the reverse charge mechanism on trading of metal scrap between registrants in the UAE, effective from 14 January 2026. The measures taken pursuant to the provisions of Federal Decree‑Law No. 8...
Belgium’s tax authority (SPF Finances) announced on 19 December 2025 that all Belgian companies subject to VAT must use electronic invoicing with each other from 1 January 2026. The draft law includes several measures concerning this mandatory e-invoicing. To avoid the temporary and unnecessary costs that this delay would entail for businesses, the tax authority...