Sunday, June 07, 2026
The ATAF, in partnership with GIZ, officially piloted the Training on Tax Transparency covering Beneficial Ownership and Exchange of Information in Johannesburg, South Africa on 18 May 2026. The training is the pilot of two training modules (BO and EOI respectively) on tax transparency and it brings together 21 tax officials from 10 Southern African...
The US Internal Revenue Service (IRS) is weighing whether to require taxpayers to disclose their citizenship status on 2026 tax forms, according to sources familiar with the discussions. The move would represent the Trump administration’s latest effort to integrate immigration enforcement across federal agencies. Two versions under review IRS officials are evaluating two versions of...
The Argentine Customs Collection and Control Agency (ARCA) announced on 22 May 2026 that it has granted taxpayers additional time to file and pay their 2025 tax returns, moving the deadline to 27 July 2026. The extension applies to Income Tax, Personal Assets Tax, and Cedular Tax filings for the 2025 fiscal year. Both individual...
The European Union reached a provisional agreement on Wednesday, 20 May 2026, to eliminate import duties on US goods, moving to avert threatened American tariffs after months of tense negotiations. European Commission President Ursula von der Leyen called the development a demonstration that “a deal is a deal, and the EU honours its commitments.” The...
The UK’s tax authority, His Majesty’s Revenue and Customs (HMRC) issued guidance on 18 May 2026 setting out the application process for a new targeted advance assurance scheme for research and development (R&D) tax relief claims. The guidance is aimed at small and medium-sized enterprises (SMEs). The targeted advance assurance process, also referred to as...
Saudi Zakat, Tax and Customs Authority (ZATCA) has urged establishments subject to excise tax to file their tax returns for March and April 2026, on a date no later than 31 May 2026. ZATCA has called on establishments to expedite filing their tax returns through its website (zatca.gov.sa) to avoid the penalty for failing to...
The UK government has announced, on 21 May 2026, changes to the taxation of UK-resident companies who conduct part of their business through foreign permanent establishments (PEs). For most companies, it will be mandatory for profits and losses attributable to a foreign PE to be exempt from UK tax for accounting periods beginning on or...
The Austrian government approved a draft bill introducing amendments to various tax laws on 20 May 2026. The draft bill is intended to promote tax fairness and combat tax fraud, while also reducing the tax burden on workers and simplifying administrative procedures. Income Tax Act (EStG 1988) The definition of “actual disposal” of assets is...
The South African Revenue Service (SARS) has published the GMT Registration and Notification – External Guide (GMT-REG-01-G01) on 15 May 2026. SARS has introduced the Global Minimum Tax (GMT) as part of South Africa’s implementation of the Global Anti-Base Erosion (GloBE) framework. Registration for the Global Minimum Tax must be completed on the SARS eFiling...
Malawi has enacted the legislation implementing the 2026–2027 Budget, which was published in the Official Gazette on 14 April 2026 and entered into force on 15 April 2026. This follows after Malawi’s Minister of Finance, Economic Planning and Decentralisation presenting the 2026-27 Budget Policy Statement to the National Assembly of Malawi on 27 February 2026....