Saturday, June 27, 2026
Kazakhstan President Kasym-Zhomart Tokayev signed the law for the ratification of the income and capital tax treaty with Oman on 10 June 2026 . Kazakhstan and Oman signed an income tax treaty on 29 May 2025 in Astana. The agreement seeks to prevent double taxation and fiscal evasion between the two nations. It addresses corporate,...
Hong Kong’s Secretary for Financial Services and the Treasury, Christopher Hui, on 9 June 2026 unveiled the Action Plan to Promote the Development of Corporate Treasury Centres in Hong Kong (Action Plan) at the Corporate Treasury Centre Forum. The Action Plan sets out targeted strategies to strengthen Hong Kong as a premier hub for multinational...
A federal appeals court ruled on 11 June 2026 to maintain a freeze on a lower court’s decision that had challenged the Trump administration’s newly imposed 10% global tariff. The move ensures tariff collection continues from three importers—two small businesses and the state of Washington—who had temporarily secured relief from the duties. The US trade...
Austria’s Nationalrat on 10 June 2026 approved the Budget Measures Act 2026 (Budgetmaßnahmengesetz 2026), a legislative package amending several federal laws with measures aimed at strengthening tax fairness, combating tax fraud, reducing the tax burden on workers, and simplifying administrative procedures. The Act introduces a series of amendments to several Austrian federal laws, primarily focusing...
Malta’s Tax and Customs Administration has reminded taxpayers that the deadline for both manual and electronic filing of Income Tax Returns for the year of assessment 2026 is 31 July 2026. The deadline applies to individual taxpayers and also covers the submission of Income Tax Returns for clubs and similar institutions (TA37), religious entities (TA36),...
The Inland Revenue Department (IRD) of Sri Lanka has published a notice to taxpayers outlining modifications introduced to the Inland Revenue Act No. 24 of 2017 through the Inland Revenue (Amendment) Act No. 11 of 2026, which received certification (enactment) on 3 June 2026. Additionally, a distinct notice has been published addressing the interest relief...
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on Business Expenses, introducing new clarification on the tax treatment of payments for related party services. The update confirms that such payments may be deducted for tax purposes where they satisfy the general conditions for deductibility and comply with Singapore’s transfer pricing requirements. Core...
Hungary’s National Tax and Customs Administration (NAV) has announced the release of the Factsheet for Global Minimum Tax Reporting (DAC9/GIR) on 4 June 2026. The factsheet provides practical guidance for multinational and large domestic corporations regarding their data reporting obligations under Hungary’s new global minimum tax regulations. It outlines the specific legal frameworks, such as...
The Australian Taxation Office (ATO) in a reminder on 11 June 2026 announced that the first Pillar Two lodgments for Australian in-scope multinational enterprise groups (MNE groups) and their advisers are due on 30 June 2026. This includes the GloBE Information Return (GIR) and the Combined global and domestic minimum tax return (CGDMTR). This gives...
Romania’s National Agency of Fiscal Administration (ANAF) has unveiled a draft Order to replace the longstanding procedure governing advance pricing agreements (APAs), which has operated under Order No. 3735/2015 for over a decade. The proposed changes, now under public consultation following publication on 5 June 2026, reflect evolving international standards and Romania’s movement towards OECD...