Saturday, August 08, 2026
Luxembourg has enacted a new law implementing EU Directive 2023/2226 (DAC8) on 27 March 2026, setting out reporting requirements for Crypto-Asset Service Providers (CASPs). The rules take effect from 1 January 2026 and apply to both authorised CASPs under the EU Markets in Crypto-Assets (MiCA) Regulation and providers with a Luxembourg connection, including local branches...
The Netherlands Senate (upper house of the parliament) has adopted a bill on the implementation of the rules of the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8) on crypto-asset reporting, which was published on 31 March 2026. This development follows the publishing of Letter No. 2026-0000019577 by the Dutch State Secretary...
The Greek Ministry of Finance (MoF) has launched a public consultation on a draft bill aimed at modernising administrative cooperation in taxation and implementing recent European Union directives on 29 March 2026, after which it is expected to advance through the legislative process. The bill transposes the Amending Directive to the 2011 Directive on Administrative...
Turkey’s Revenue Administration has published Presidential Decree No. 11107 in the Official Gazette (No. 33206) on 27 March 2026, increasing the withholding tax rate on gains from participation shares in equity-intensive funds that are not traded on the Turkish Electronic Fund Trading Platform (TEFAS). The new rate of 17.5% applies to gains from participation units...
Poland’s Ministry of Finance has introduced emergency tax relief measures on 31 March 2026 to offset surging fuel costs triggered by the escalating conflict in the Middle East. The Finance and Economy Ministry announced a temporary VAT reduction on motor fuels from 23% to 8%, effective from 31 March 2026 through 30 April 2026. Alongside...
India has enacted the Finance Act 2026 on 30 March 2026, giving legal effect to the tax and fiscal measures announced in the Union Budget for 2026–2027. It introduces several changes that will affect businesses, the IT sector, investors and individual taxpayers. Some of the key provisions include: Corporate tax The minimum alternate tax rate...
The Cyprus Tax Department announced, on 26 March 2026, the introduction of a temporary change in how certain contributions are paid for the 2026 tax year. For the time being, taxpayers will make payments for the following contributions directly through the Tax Portal (https://taxportal.mof.gov.cy/) without filing a declaration via TAXISnet: Defence and Health (GeSY) withholding...
The Dutch Government has published the Spring Memorandum 2026, updating the 2026 budget and outlining forward-looking plans, including a range of tax measures. Key provisions reflect those agreed in the Coalition Agreement for 2026–2030, released in January 2026. The Spring Memorandum is an update of the budget for 2026 and an outlook on the plans...
The Australian Taxation Office (ATO) has released a notice on 26 March 2026 outlining four essential steps for businesses to comply with their fringe benefits tax (FBT) obligations for the year ending 31 March 2026. The FBT year runs from 1 April 2025 to 31 March 2026. A smoother FBT tax time starts with getting...
The Belgian Ministry of Finance has released Circular 2026/C/45 on 19 March 2026, introducing an addendum to the transfer pricing guidance set out in Circular 2020/C/35. The Circular clarifies how multinational enterprises should apply streamlined transfer pricing methods to qualifying distribution transactions. This update incorporates the OECD Report on Amount B into Belgian administrative practice,...