Posts by: RF Report


Turkey raises withholding tax on money market funds

Turkey’s Revenue Administration has announced that Presidential Decision No. 11734, published in the Official Gazette No. 33361 on 5 September 2026, raises the withholding tax rate on certain money market fund earnings from 0% to 10% for corporate investors. The 10% rate applies to gains from money market funds and free funds whose titles contain...

Thailand signs multilateral agreement on GloBE information exchange (GIR MCAA)

Thailand signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 4 August 2026, according to an OECD update. The GIR MCAA is intended to reduce compliance burdens for multinational enterprise (MNE) groups by enabling the centralised filing of GloBE Information Returns. A key part of the OECD/G20 BEPS Project...

Argentina: Government defers fuel tax increases until October 2026

Argentina’s government has published Decree 829/2026 in the Official Gazette on 31 August 2026 to manage national fuel taxes. The legislation specifically targets the carbon tax and levies on liquid fuels such as unleaded gasoline and diesel. Decree 829/2026 modifies Decree 617/2025 and shifts the end of the previous deferral window from 31 August to...

US: IRS extends tax deadlines for Indiana taxpayers affected by severe storms

The US Internal Revenue Service (IRS) announced tax relief on 2 September 2026 following FEMA’s disaster declaration for Indiana counties affected by severe storms, straight-line winds, tornadoes, and flooding that struck on 11 August 2026. Affected taxpayers and businesses now have until 1 February 2027 to file federal returns and settle tax obligations that were...

Serbia: MoF revises VAT rules, reporting requirements

Serbia’s Ministry of Finance has adopted amendments to the Rulebook on Value Added Tax (VAT), published in Official Gazette No. 71/2026. The amendments will apply from the tax period beginning in January 2027, covering the January–March 2027 quarter. The Rulebook on Value Added Tax in Serbia provides a comprehensive legal framework for the practical application...

US: IRS urges taxpayers and tax professionals to strengthen identity theft safeguards

The US Internal Revenue Service (IRS) has issued a release on 4 September 2026 urging tax professionals and taxpayers to strengthen safeguards against tax-related identity theft. The release clarified that tax professionals and taxpayers should strengthen defences against tax-related identity theft, according to joint guidance from the Internal Revenue Service and the Security Summit. The...

Indonesia: DGT overhauls tax compliance supervision, expands digital transaction oversight

Indonesia’s Directorate General of Taxes (DGT) rolled out three coordinated regulatory changes in July 2026 to modernise compliance oversight, expand data access, and capture revenue from digital transactions. The reforms mark a departure from traditional audit methods toward automated, data-driven enforcement. Compliance supervision restructured On 15 July 2026, the DGT issued Circular Letter No. SE-8/PJ/2026,...

Croatia, Thailand continue negotiations on income tax treaty

Croatian and Thai officials met on 4 September 2026 to discuss strengthening bilateral relations, including the continuation of negotiations on an income tax treaty, according to a release from Croatia’s Ministry of Finance. Discussions also focused on expanding trade and investment in areas including defence, logistics, shipbuilding, IT, research and development, and green technologies. They...

Macau, Malaysia explore income tax treaty

Officials from Macau and Malaysia met on 4 September 2026 to discuss strengthening bilateral cooperation, including through negotiations on an income tax treaty, according to a release from the Macau government. The two sides also supported exploring a free trade agreement to facilitate trade, investment, and business ties. They also discussed closer cooperation in healthcare,...

Albania: Council of Ministers approves protocol to tax treaty with Germany

The Albanian Council of Ministers approved a draft law on 2 September 2026 to ratify the protocol amending the 2010 income tax treaty with Germany. The second protocol was signed on 9 June 2026. Germany and Albania have signed a protocol of amendment to update their existing income tax treaty, signed on 6 April 2010....