Saturday, August 08, 2026
Turkey’s Revenue Administration published Draft General Communiqué No. 25 amending General Communiqué No. 1 on Corporate Income Tax on 8 April 2026, which sets out implementation details under Law No. 7524 and Law No. 7566 covering the domestic minimum corporate income tax, corporate exemptions and procedural changes. The draft introduces revised conditions for investment funds...
Poland’s Council of Ministers approved amendments to personal income tax, corporate income tax, and lump-sum tax legislation, introducing significant changes to electronic accounting book submissions on 8 April 2026. The new regulations permanently extend the deadline for submitting Uniform Control Files (JPK) – the standard electronic format used by businesses to transmit financial data to...
Taiwan’s Kaohsiung National Taxation Bureau of the Ministry of Finance has announced, on 9 April 2026, that the review of income and deduction data for the 114 tax year comprehensive income tax will begin on 28 April 115 at 8:00 AM. Individual taxpayers are advised to take note, as the first day of the filing...
Vietnam has extended the suspension of environmental protection and special consumption taxes on fuels until the end of June from 15 April to stabilise the domestic market amid ongoing supply disruptions linked to the Iran war, the parliamentary office said on Sunday,12 April 2026. The National Assembly has passed a resolution maintaining the suspension, which...
Germany’s Ministry of Finance (MoF) issued a draft amendment to the Minimum Tax Implementation Ordinance (Mindeststeuerdurchführungsverordnung – MinStDV) on 2 April 2026 to further define international reporting requirements under the Minimum Tax Act (Mindeststeuergesetz, MinStG). The draft revises the previous Minimum Tax Report Ordinance and aims to clarify the scope, structure, and exchange of the...
Turkey’s Revenue Administration, on 8 April 2026, issued draft forms and clarifications on the implementation of the Global Minimum Supplementary Corporate Tax (Global MCT), which applies under the Pillar Two framework, including the income inclusion rule (IIR) and undertaxed profits rule (UTPR). The Global Minimum Supplementary Corporate Tax is established under Article 7 (Additional) of...
A US federal trade court panel has raised serious doubts about the legality of President Donald Trump’s 10% tariff on most imports, questioning whether the country’s trade deficit alone justifies such sweeping duties. During a hearing on Friday, 10 April 2026, at the US Court of International Trade, judges examined lawsuits filed by 24 primarily...
Korea (Rep.) and the UAE will implement their Comprehensive Economic Partnership Agreement (CEPA) on 1 May 2026, following the completion of domestic approval procedures and bilateral consultations to expedite its entry into force. The CEPA, signed on 29 May 2024, was confirmed after the National Assembly of Korea (Rep.) ratified the trade deal and the...
The German Federal Ministry of Finance has issued a draft ordinance on 8 April 2026 proposing amendments to the minimum tax report ordinance (MinStBV), including a structural and legal update to reporting rules under the Minimum Tax Act (MinStG). Under Section 75 of the Minimum Tax Act (MinStG), corporate groups are required to submit a...
The Lithuanian State Tax Inspectorate has extended the deadline for filing the personal income tax (PIT) return and paying the tax due for certain taxpayers using the investment account regime, with the order published on 31 March 2026. Under the decision of the State Tax Inspectorate, permanent residents of Lithuania who applied the investment account...