Friday, October 09, 2026
El Salvador’s Ministry of Finance has announced new interest rates for delinquent tax payments through an official notice issued on 31 July 2026. The announcement applies articles 1 and 3 of Legislative Decree No. 720, dated 24 November 1993. This decree was published in Official Gazette No. 1, Volume 322 on 3 January 1994. Standard...
The French Tax Authorities issued the reminder on 22 September 2026, confirming that the simplified VAT regime (RSI) would end from January 2027. Under the current regime, qualifying enterprises are exempt from periodic VAT declarations where annual VAT payable is below EUR 15,000. From 1 January 2027, taxpayers will use Form No. 3310-CA3 under the...
The Botswana Unified Revenue Service (BURS) issued a September 2026 Guidance Note explaining requirements for charging, reporting and remitting VAT on reverse charged supplies. The rules were introduced under the Value Added Tax Act 2026, which commenced on 1 July 2026. VAT registered persons must report reverse charged supplies through their normal VAT returns and...
Kosovo and Kuwait have agreed to finalise an income tax treaty as part of efforts to strengthen economic cooperation between the two countries. The agreement was discussed during a meeting between Kosovo Prime Minister Albin Kurti and Kuwait Crown Prince Sheikh Sabah Khaled Al-Hamad Al-Sabah on the sidelines of the 81st session of the United...
Thailand’s Ministry of Digital Economy and Society (DES) has begun revising the proposed Digital Platform Economy Act, reassessing a framework initially influenced by the European Union’s Digital Markets Act and Digital Services Act. The draft was intended to regulate digital service providers, strengthen consumer protection and promote fair competition in online markets. The government had...
Thailand’s Cabinet approved a draft of the Prime Minister Office’s regulation on 5 August 2026 to establish a Data Centre Business Policy Committee, marking a move towards more coordinated oversight of data centre businesses. The proposed committee would be responsible for developing policies, standards and frameworks for regulatory approvals relevant to data centre operations. These...
Taiwan’s National Taxation Bureau of Taipei, Ministry of Finance, stated that refunds of reduced commodity tax obtained by profit-seeking enterprises under Article 11-1, Article 12-5 or Article 12-6 of the Commodity Tax Act should be treated as a reduction in the cost or expense of the purchased goods. Where the refund relates to goods recorded...
Thailand’s Bangkok Metropolitan Administration (BMA) is considering amendments to its legal framework to introduce a 3% tax on hotel and accommodation room charges, which could generate approximately THB 1 billion annually in additional revenue. The proposal had raised concerns among tourism operators over its potential impact on businesses already facing challenging market conditions. The Thai...
The Zambia Revenue Authority (ZRA) has introduced the Extended Voluntary Disclosure Scheme (EVDS) on 18 September 2026 to help taxpayers regularise outstanding tax obligations and strengthen voluntary compliance. The scheme, which will operate nationwide from 17 September to 31 December 2026, is aimed at taxpayers with outstanding principal liabilities, penalties or interest accumulated over time....
Thailand’s Revenue Department has published a notification from the Ministry of Finance (MoF) on 9 September 2026, establishing specific penalties for failing to comply with certain requirements of the Emergency Decree on Exchange of Information for Implementation of the International Agreements on Taxation, B.E. 2566 (2023). The Decree provides for the exchange of information upon...