Tuesday, March 17, 2026
Kyrgyzstan’s Ministry of Economy and Commerce announced on 27 February 2026 that officials from Kyrgyzstan and Romania reached an agreement in principle on a new income tax treaty during negotiations held in Bucharest from 23 to 26 February 2026. This will be the first such agreement between the two nations. The draft agreement focuses on...
Belgium has published a tax bill in the Official Gazette No. 2026001286 on 27 February 2026, introducing various technical updates, notably revising the deduction rules for company cars purchased, leased, or rented before 1 January 2026. This bill outlines the 2026 Law on Miscellaneous Fiscal Provisions as enacted by the Belgian Federal Government. It details...
Belgium’s Ministry of Finance has released Circular 2026/C/32 on 17 February 2026, outlining updated rules for monthly and quarterly VAT filings. A major change involves standardising the eligibility for quarterly filings, removing lower turnover thresholds for specific fraud-sensitive sectors like electronics and energy in favour of a universal EUR 2,500,000 annual limit, with effect from...
The Mercosur-Singapore Free Trade Agreement (MCSFTA) enters into force for Paraguay from 1 February 2026 and Uruguay from 1 March 2026. It is the first trade deal between Singapore and the founding Mercosur members – Argentina, Brazil, Paraguay, and Uruguay – and Mercosur’s first agreement with a Southeast Asian country. The deal aims to boost...
Spain’s Barcelona has increased its tourism levy, making it one of the highest in Europe, as authorities aim to curb visitor numbers and support affordable housing. From April, hotel guests will pay between EUR 10–15 per night, up from EUR 5 – 7.50 depending on the hotel category. Holiday rental guests will see charges double...
France’s tax authority has opened a public consultation on updates to the annual incentive tax for low-emission light vehicles (TAI), reflecting changes introduced by Law No. 2025-127 of 14 February 2025, Finance Law for 2025 on 25 February 2026. The consultation covers revisions to the definition of passenger vehicles and the application of the TAI,...
Hungary’s National Tax and Customs Administration (NAV) has announced that Hungarian businesses not using cash registers or e-cash registers must report receipt data to NAV, starting 1 September 2026. Companies already issuing receipts through cash registers or e-cash registers remain unaffected. The new rule targets businesses issuing paper receipts manually or using systems without NAV...
The Inland Revenue Authority of Singapore (IRAS) has updated its Guide to completing the GST registration form, with the main change highlighting the InvoiceNow implementation date for all new GST-registrants, including those required to register compulsorily. InvoiceNow is an e-invoicing network built on the Peppol framework that allows businesses to submit invoice data electronically to...
Romania’s Ministry of Finance, in a press release on 26 February 2026, announced that it is rolling out BF-CHAIN, an innovative project using blockchain technology to revolutionise how fiscal receipts from electronic cash registers are managed and verified in Romania. The system creates an immutable digital ledger where fiscal receipts are automatically recorded without any...
Brazil’s Executive Committee of Foreign Commerce (GECEX) has partially reversed recent import duty hikes with the publication of Resolution No. 866 on 27 February 2026. The resolution restores the import tariff on 15 IT products, including smartphones and notebooks, to 16% instead of the planned 20% increase. At the same time, tariffs for 105 capital...