Saturday, August 08, 2026
The income tax treaty between North Macedonia and Vietnam entered into force on 29 August 2025. Signed on 15 October 2014, the treaty is the initial income tax agreement between North Macedonia and Vietnam. The treaty applies to Macedonian personal income tax and profit tax, as well as Vietnamese personal income tax and business income...
The Inland Revenue Authority of Singapore (IRAS) updated its Country-by-Country (CbC) Reporting guidance on 6 March 2026, revising the list of jurisdictions with which CbC reports can be automatically exchanged. Jurisdiction Effective Financial Year (FY) Armenia FY 2025 Montenegro FY 2024 Mongolia FYs beginning 1 Dec 2023 Serbia FYs beginning 1 Dec 2023 Vietnam FYs...
Bhutan’s Department of Revenue and Customs reported that officials from Bhutan and Singapore completed the second and final round of negotiations for an income tax treaty on 6 March 2026. Officials resolved outstanding issues in the negotiations, reaching agreements that strengthen economic ties. The tax treaty will prevent double taxation and clarify taxing rights for...
Singapore’s Inland Revenue Authority has released updated guidance on the tax obligations of platform workers. This includes: Basic guide for platform workers The basic guide serves as a checklist for platform workers, including individuals such as taxi drivers, private-hire car drivers, and delivery riders. A critical part of managing these obligations is keeping proper records...
Cameroon has introduced mandatory electronic invoicing requirements through its 2026 Finance Law, advancing the country’s digital tax administration framework and implementing continuous transaction controls (CTC). All taxpayers must now issue invoices electronically through approved systems for every transaction—whether taxable, VAT-exempt, or outside the tax scope. The Tax Administration is developing a central e-invoicing platform while...
The Council of the European Union has published Council conclusions on the revised EU list of non-cooperative jurisdictions for tax purposes (C/2026/1465) in the Official Journal of the EU on 6 March 2026. The revised list of non-cooperative tax jurisdictions identifies 10 territories that fail to meet international tax transparency and fairness standards. Current blacklist...
Bolivia’s government has announced two tax relief measures on 10 March 2026 aimed at easing financial pressure on citizens and businesses while improving tax system transparency. The National Tax Service (SIN) CEO, Jorge Zogbi Nogales, confirmed that the combined reforms will reduce the overall tax burden by approximately 2.39%, comprising a 0.45% reduction in the...
Albania’s Council of Ministers adopted Decision No. 113 on 27 February 2026, which officially replaced the previous Decision No. 613 from 29 July 2020. The new regulation appeared in the Official Gazette No. 49 on 5 March 2026. The decision modifies the lists identifying which jurisdictions participate in and are subject to reporting requirements under...
Taiwan’s National Taxation Bureau of the Northern Area (NTBNA) under the Ministry of Finance, issued a notice on 10 March 2026 indicating that, where dividends are distributed by a company to an individual not residing in China or profit-seeking enterprise having its head office outside China, the tax withholder involved shall withhold a tax payable...
New Zealand’s Inland Revenue (IRD) has reduced interest rates on tax payments effective 16 January 2026. The underpayment rate dropped to 8.97% from the previous 9.89%, while the overpayment rate decreased to 2.25% from 3.27%. The earlier rates had been in place since 8 May 2025, making this the first adjustment in over eight months....