Tuesday, March 17, 2026
Romania’s Ministry of Finance has approved tax reforms on 27 February 2026, which are set to begin in the 2026 fiscal year, emphasising revised property assessments and enhanced flexibility for municipal governments. To align taxation with actual market conditions and building depreciation, the new measures establish: A 15% decrease in assessed value for properties aged...
Romania’s Ministry of Finance and the National Agency for Fiscal Administration (ANAF) have amended Order No. 1699/2021 to update taxpayer registration forms and procedures under Law No. 245/2025. Key changes include clarified instructions for Form 060, ensuring secondary offices are properly identified, and updated VAT and tax registration certificates to capture non-resident taxpayer information, addressing...
Bangladesh’s National Board of Revenue (NBR) has requested taxpayers, business organisations, trade bodies and other stakeholders to submit proposals for the 2026-27 fiscal year budget. The move is part of the board’s preparations to formulate a participatory and business-friendly budget. The NBR said it has been developing revenue policies as part of the government’s overall...
Brazil’s tax authority, the Federal Revenue Service (RFB) announced the issuance of Ordinance RFB No. 655/2026 on 27 February 2026, granting emergency tax relief to municipalities affected by severe flooding in Minas Gerais state. The measure applies exclusively to taxpayers domiciled in the cities of Juiz de Fora, Ubá, and Matias Barbosa, where a state...
Canada’s Department of Finance, in a news release on 27 February 2026, announced that it launched consultations on potential ways to strengthen Canada’s automotive remission framework by further incentivising companies to produce and invest in Canada, ensuring Canada remains a global powerhouse for automotive manufacturing. The changes considered could help to better align trade policy...
Turkey’s Revenue Administration has announced the start of the annual income tax declaration period for individuals for the 2025 calendar year. Taxpayers can submit returns from 1 March to 31 March 2026. Individuals whose income is derived from commercial, agricultural, or professional activities must file their returns electronically. Those whose income comes solely from salary,...
Romania’s tax authority (ANAF) released a draft order on 27 February 2026 establishing Form F8000, which Reporting Crypto Asset Service Providers must use to comply with the EU’s Amending Directive 2023/2226 (DAC8) to the 2011 Administrative Cooperation Directive. The draft order from the President of the National Agency for Fiscal Administration is currently under public...
A US federal appeals court has accelerated the legal process that could determine how over USD 130 billion will be refunded to importers following the Supreme Court’s decision to invalidate President Trump’s tariffs. On Monday, 2 March 2026, the US Court of Appeals for the Federal Circuit granted the importers’ request to send the case...
According to an OECD update published on 3 March 2026, three new jurisdictions have joined the Common Reporting Standard framework by signing the addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information. Peru became a signatory on 26 November 2025, followed by Croatia on 24 December 2025, and Moldova on...
Croatia became a signatory to the CARF multilateral exchange agreement on 24 December 2025, joining the international framework for automatic sharing of crypto-asset tax information between jurisdictions, according to an OECD update from 3 March 2026. The Crypto-Asset Reporting Framework (CARF) establishes rules for the reporting and automatic exchange of crypto-asset information between tax authorities...