Monday, April 27, 2026
The Swiss Federal Council opened a consultation on amendments to the Value Added Tax Act on 5 December 2025. The changes aim to implement two parliamentary motions: the extension of platform taxation to electronic services (Motion WAK-S 23.3012) and adjustments to the taxation of bundled services (Motion Engler 18.3235). Since 1 January 2025, online platforms,...
Brazil’s Federal Revenue Service (RFB) announced on 10 December 2025 the launch of Confia, its Cooperative and Tax Compliance program, marking a historic moment for the relationship between the tax authorities and taxpayers. Federal government authorities, representatives from the productive sector, and international organisations participated in the event’s opening panel and highlighted the program’s cultural...
The Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-05 on 9 December 2025, announcing new guidance on tax benefits for Health Savings Account participants under the One, Big, Beautiful Bill. These changes expand HSA eligibility, which allows more people to save and to pay for healthcare costs through tax-free HSAs....
The amending protocol to the Andorra–European Union Automatic Exchange of Information Agreement, signed on 13 October 2025, will come into effect on 1 January 2026. The key measures involve updating the Common Reporting Standard (CRS) to align with the EU Council Directive 2023/2226 (DAC8) by 1 January 2026. This includes expanding CRS coverage to encompass...
Uruguay’s Senate has confirmed the effective date for the qualified minimum domestic top-up tax (QMDTT) in the 2025–2029 Budget Bill amendments on 3 December 2025. The Senate-approved amendments establish that the tax will take effect from the law’s enactment date, replacing the previous reference to the parliamentary sanction date. The QMDTT is expected to apply...
Chile’s Chamber of Deputies (the lower house of Congress) approved a bill on 3 December 2025 during session No. 98a/373, as noted in Bulletin No. 17777-05. The legislation, proposed by the Executive Branch, aims to introduce tax incentives to encourage domestic consumption of green hydrogen and related products (H2V). The bill will now move to...
The Italian Revenue Agency, through the measure issued on 10 December 2025, has defined the procedures for verifying compliance by entities intending to apply the special cross-border VAT exemption regime. The measure follows the implementation, by Legislative Decree No. 180/2024, of Directive (EU) 2020/285, which introduced significant amendments to the EU VAT system for small...
Hong Kong’s Inland Revenue Department (HKIRD) has launched a public consultation on 9 December 2025 on the implementation of the Crypto-Asset Reporting Framework (CARF) and amendments in relation to the Common Reporting Standard (CRS) promulgated by the Organisation for Economic Co-operation and Development (OECD) in Hong Kong. Hong Kong has long been supportive of international...
Qatar’s General Tax Authority (GTA) announced the launch of the “Tabadol” portal for submitting Country-by-Country Reports (CbCR) for the 2024 fiscal year, along with notifications for 2025, on 10 December 2025. The submission deadline is set for 31 December 2025. The “Tabadol” portal is an electronic platform dedicated to exchange tax information with relevant authorities...
France has introduced new measures to reinforce the administration’s ability to detect and penalise abusive transfer pricing practices, following the publication of updates linked to Article 116 of Finance Act No. 2023-1322 of 29 December 2023 for 2024. This announcement was made on 10 December 2025. The reforms apply to multinational enterprises and focus on...