Saturday, August 08, 2026
The Dutch tax authorities issued guidance clarifying when a permanent establishment (PE) qualifies under the Minimum Tax Act 2024 (WMB 2024) on 26 February 2026, addressing critical questions about the Netherlands’ implementation of the global minimum tax rules. The central issue is whether the source country must actually tax the PE’s income in practice, not...
Ukraine’s Ministry of Finance (MoF) has launched a public consultation, on 24 February 2026, on the Draft Law “On Amendments to the Tax Code of Ukraine regarding the implementation of rules to counter tax avoidance practices that directly affect the functioning of the internal market of the European Union and Ukraine, in accordance with Council...
The Parliament of Montenegro approved the Global Minimum Corporate Tax Law on 27 February 2026, introducing a 15% minimum effective tax rate for large multinational groups operating in the jurisdiction. The legislation aligns Montenegro’s tax framework with the global minimum taxation standards developed under Organisation for Economic Co-operation and Development (OECD) Pillar Two initiative and...
Sweden’s Ministry of Finance (MoF) has launched a public consultation under Memorandum No. Fi2026/00105 on proposed tax incentives for research and development (R&D) personnel costs and its interaction with OECD Pillar Two rules on 24 February 2026. The proposals aim to provide the incentive as either an increased cost deduction or a refundable tax credit,...
Azerbaijan enacted Law No. 355-VIIQD on 23 February 2026, mandating tax registration for non-resident e-commerce operators. Businesses without permanent establishments must register electronically if their annual turnover exceeds USD 10,000 in manat equivalent, with voluntary registration available below this threshold. Registration must be completed within 30 days of crossing the threshold. The law targets platforms...
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...