Monday, April 27, 2026
Argentina’s tax authority (ARCA) has issued General Resolution 5794/2025, which updates the special VAT withholding rules for transactions conducted through digital platforms, initially established under General Resolution 5319/2023. The core purpose of the new resolution is to amend General Resolution 5319/2023, specifically by adjusting the monetary thresholds and transaction quantities that define habitual, frequent, or...
Turkey’s President has extended the tax withholding rules on certain capital market earnings for another five years. The decision was made under Presidential Decree No. 10680, published in the Official Gazette on 11 December 2025 (No. 33104). The extension covers withholding on profits from securities, trading gains from other capital market instruments, deposit interest, participation...
The UAE’s Ministry of Finance has announced the issuance of Cabinet Decision No. (197) of 2025 on selective goods, the tax rates or amounts imposed on them, and the method for calculating the selective price on 11 December 2025. The resolution introduces amendments to the excise tax with the aim of implementing the “tiered volumetric...
Peru’s Tax Authority (SUNAT) has amended the gradual reduction of fines for taxpayers who fail to file certain income tax returns through Resolution No. 000355-2025/SUNAT, published in the Official Gazette on 29 November 2025 and effective from 30 November 2025. The updated rules cover late filings of rental income, self-employment income, and other non-business income,...
Croatia’s Parliament approved amendments to the VAT Act concerning e-invoicing. The final version of the amendments was adopted on 5 December 2025. Key legislative actions include extending the reduced 5% VAT rate for specific supplies, such as natural gas and heating, and modifying provisions on input tax deductions and the conversion of amounts to Euros....
Mozambique’s government adopted a draft Value Added Tax (VAT) law during the 41st Session of the Council of Ministers on 2 December 2025. The VAT law is designed to modernise and streamline the electronic submission of invoices and similar documents. The government explained that the reform aims to address inconsistencies in how VAT is currently...
The UAE’s Ministry of Finance (MoF) announced the issuance of Cabinet Resolution No. (106) of 2025 regarding violations and administrative fines resulting from non-compliance with the legislation regulating the Electronic Invoicing System, as part of the UAE’s efforts to support the digital transformation journey and reinforce tax compliance in line with global best practices. This...
Croatia’s parliament adopted amendments to the Bill on Amendments to the Global Minimum Corporate Tax Act on 5 December 2025, to bring the national rules entirely in line with the OECD GloBE framework and the requirements of EU Directive 2022/2523. A key change is the introduction of Safe Harbour standards for determining the Qualified Domestic...
The Australian Taxation Office (ATO) has initiated a consultation on a draft update to Practical Compliance Guideline PCG 2019/1, concerning transfer pricing considerations for inbound distribution arrangements. This includes updated profit marker guidance – specifically for the Life Science and Information and Communication Technology industries, reflecting current benchmarking to assess transfer pricing risk for inbound...
Sri Lanka’s Inland Revenue Department issued a notice on 10 December 2025 for taxpayers to settle Advance Income Tax (AIT), Withholding Tax (WHT) and Advance Personal Income Tax (APIT) withheld in November 2025 by 15 December 2025. Taxpayers are encouraged to use the Online Tax Payment Platform (OTPP) for settling liabilities. Payments for APIT may...