Tuesday, February 03, 2026
The Portuguese Tax and Customs Authority issued the Order of 5 January 2026, introducing new monthly withholding tax tables reflecting the updated personal income tax brackets set by the 2026 State Budget Law. Rates now range from 12.50% on income up to EUR 8,342 to 48.00% for earnings above EUR 86,634. The revised tables also...
Hungary’s tax authority published a retail tax guide on 19 December 2025, presented in a Q&A format, detailing obligations for domestic and foreign businesses, including platform operators, for the 2025 tax year. Under the rules, businesses with net revenue exceeding HUF 1 billion are subject to the tax. Retail activity is defined according to the...
The Turkish Ministry of Treasury and Finance (MoF) has released a technical guide detailing procedures for filing domestic minimum top-up tax (DMTT) returns, supporting the implementation of the minimum tax regime under Law No. 7524, which incorporates Pillar 2 GloBE rules into domestic law. The guide outlines compliance obligations for multinational enterprise (MNE) groups with...
Peru has extended tax incentives for scientific research, technological development, and technological innovation under Law No. 32539, published on 31 December 2025. The legislation continues the benefits previously established by Laws No. 30309 and 31659, allowing qualifying taxpayers to claim additional deductions for expenses on eligible projects. The incentives now apply until 31 December 2028,...
The Inland Revenue Authority of Singapore (IRAS) has released a comprehensive guide for businesses and individuals on completing the GST F1 registration form through the myTax Portal on 12 January 2026. The guide provides step-by-step instructions modified to different taxpayer types, including sole proprietorships and local companies, and clarifies the distinction between compulsory and voluntary...
According to an update from the OECD, Indonesia deposited, on 12 January 2026, an updated notification confirming the completion of its internal procedures for the entry into effect of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) in respect of its tax treaty with Mongolia. For...
According to an update from the OECD, Indonesia deposited, on 12 January 2026, an updated notification confirming the completion of its internal procedures for the entry into effect of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) in respect of its tax treaty with the Czech...
Argentina has enacted Law 27,799, introducing extensive amendments to the Tax Criminal Regime under Law No. 27,430 and the Tax Procedure Law (Law No. 11,683) together with related changes to civil, commercial and social security legislation. Published in the Official Gazette on 2 January 2026, the law is characterised by a substantial recalibration of all...
The Customs Tariff Commission of the State Council has published China’s revised import and export tariff rates for 2026. The updated tariffs were issued on 31 December 2025 and apply from 1 January 2026. The Import and Export Tariff Schedule, which is annexed to the Tariff Law of the People’s Republic of China, comprises three...
The Chinese Ministry of Finance issued a notice, on 8 January 2026, outlining adjustments to the export VAT rebate policy for photovoltaic products, batteries and related goods. Under the changes, the export VAT rebate for photovoltaic and other specified products will be abolished with effect from 1 April 2026, with the affected items detailed in...