Friday, October 09, 2026
Lebanon’s Minister of Finance Yassine Jaber issued Decision No. 801/1 on 15 September 2026, introducing a 1.5% advance tax payment on imports by taxpayers with overdue income tax or VAT returns. The Customs Administration will collect the amount from taxpayers with outstanding returns for the preceding three years, including obligations due by the date of...
Colombia’s tax authority (DIAN) has revised its interpretation of the dividend withholding tax rules under the 2005 Colombia-Spain tax treaty, ruling that the reinvestment requirement for the 0% withholding tax rate applies to the portion corresponding to the additional 35% dividend tax, rather than 65% of total distributed dividends. In Ruling (Concepto) No. 015313 int...
Pakistan’s Federal Board of Revenue (FBR) has announced on 25 September 2026 the establishment of the National Faceless Centre (NFC) in Islamabad, introducing a system that removes direct, in-person contact between taxpayers and tax officers during audits and assessments. Computerised case selection Under the new system, audit cases will be selected through a computerised, risk-based...
Taiwan’s Ministry of Finance has issued a notice on 24 September 2026, clarifying the possibility of tax refunds for individuals claiming the tax credit for dividend income. Since the 2018 tax year, individuals receiving dividends or surpluses from companies, cooperatives or other legal entities have been able to include the income in their total taxable...
Austria’s National Council approved a bill on 23 September 2026 introducing tax and social insurance incentives for people who continue working after reaching the standard retirement age. The bill provides an activity tax allowance of up to EUR 1,250 per month or EUR 15,000 per year, reducing taxable income for eligible individuals. Employees who continue...
The Dominican Republic’s Tax Administration opened the public consultation on 21 September 2026 on a draft decree proposing amendments to Regulation No. 1-18 for the application of the Selective Consumption Tax (ISC) under Title IV of the Tax Code. The proposed changes would align the regulation with Law No. 30-26 and introduce revised rules on...
The State Tax Service of Ukraine had released a practical “Investor’s Tax guide” for domestic and foreign investors operating or planning to launch businesses in Ukraine, according to a press release published on 22 September 2026. The guide brought together information on the Ukrainian tax system, registration procedures, digital services, tax incentives and mechanisms for...
Indian copper producers have urged the government to reduce the indirect goods and services tax (GST) on copper products to 5% from 18%, saying the existing rate had tied up more than INR 490 billion (USD 5.11 billion) in working capital. The petition was submitted to the GST Council on 22 September by Bharat Metal...
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on the tax treatment of Benefits Relating to Loans, setting out the tax rules for interest-free and subsidised interest loans, loans provided to company directors and waived principal sums. The guidance covers loans provided directly by employers as well as loans obtained from financial...
Angola and Nigeria began negotiations on 22 September in Abuja on an income tax treaty, aimed at attracting investment and strengthening trade ties. The talks focused on tax rates covering industrial, property and income taxes, based on the United Nations model. Angola’s negotiating team was led by chief negotiator Faustina Neto. The negotiations were scheduled...