Saturday, August 08, 2026
Poland has published the Act of 13 February 2026 amending the Act on the Exchange of Tax Information with Other Countries and certain related legislation in the Official Gazette on 17 March 2026, implementing the Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8) and Council Directive (EU) 2025/872 of 14 April 2025 (DAC9). DAC8...
The European Commission, on 18 March 2026, presented its proposal and a dedicated FAQ page for EU Inc., a new single set of corporate rules, building the cornerstone and starting point for the EU’s 28th regime. EU Inc. is an optional, digital-by-default European corporate framework. It will make it easier for businesses to start, operate...
Romania’s Ministry of Finance has published Order No. 203/2026 in the Official Gazette No. 196 on 13 March 2026, detailing how deferred tax is to be recorded in the accounting records of constituent entities subject to Law No. 431/2023, which implements the Minimum Taxation Directive (2022/2523). The Order does not introduce any significant changes compared...
The Hong Kong Inland Revenue Department (IRD) announced, on 18 March 2026, a temporary suspension of its electronic profits tax return filing service in preparation for the rollout of a new version on 1 April 2026. To facilitate system update, the electronic filing services (including “Uploading of Data Files for Supplementary Forms and Supporting Documents...
Austria’s Council of Ministers approved, on 11 March 2026, the start of negotiations for an amending protocol to the 1978 income and capital tax treaty with Malta. The new protocol is being negotiated to fix a tax issue for aviation staff and to bring the treaty in line with OECD rules on corporate and personal...
Luxembourg published the Law of 10 March 2026 in the Official Gazette on 16 March 2026, ratifying the amending protocol to the 2007 income and capital tax treaty with Georgia. The protocol, signed on 3 July 2025, replaces Article 27 (Exchange of Information) of the treaty to align the exchange of information framework with standards...
The OECD has announced, on 17 March 2026, that Bulgaria has joined the International Compliance Assurance Programme (ICAP), bringing the total number of participating countries to 24. ICAP is a voluntary programme designed to enable multinational enterprise (MNE) groups and tax administrations to work together through coordinated risk assessments. Its focus is on identifying and...
The UAE Federal Tax Authority (FTA) has issued Excise Tax Public Clarification EXTP014, updating and replacing EXTP011, to clarify the treatment of Natural Shortage of excise goods within Designated Zones (DZs). The clarification defines circumstances under which a shortage of excise goods is not considered a “release for consumption” and is therefore exempt from Excise...
Montenegro’s parliament has adopted the Law on Global Minimum Corporate Income Tax, aligning the country’s tax framework with international standards under the Organisation for Economic Co-operation and Development (OECD) Pillar Two initiative. The law was published in the Official Gazette of Montenegro No. 33/2026 on 10 March 2026 and entered into force on the same...
Poland’s Ministry of Finance and Economy issued an official notice on 10 March 2026 regarding countries and territories identified by the European Union as tax non-cooperative jurisdictions that are not included in Poland’s domestic harmful tax competition list. This announcement is based on the Tax Ordinance Act of 29 August 1997. The EU Council officially...