Saturday, August 08, 2026
Taiwan’s Central District National Taxation Bureau of the Ministry of Finance stated that businesses required to use uniform invoices must issue them in accordance with regulations when operating multiple member accounts or online stores on e-commerce platforms, and must also declare and pay business tax. Businesses should not assume that online transactions exempt them from...
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance has announced that, in accordance with the Ministry of Finance Order Tai-Cai-Shui No. 10904512340 dated 31 January 2020, individuals who sell goods or services online for profit may be “temporarily” exempt from business tax registration if their monthly sales do not reach the business...
Tanzania’s Ministry of Finance and Planning announced on 24 February 2026 that the country’s Minister of Finance held discussions with Singapore’s Ambassador to Tanzania on multiple areas of cooperation, including the expediting of finalising an income tax treaty. The talks covered various areas of cooperation between Tanzania and Singapore, including trade and investment, tourism, the...
Taiwan’s National Taxation Bureau of the Northern Area, Ministry of Finance has reinforced that taxpayers who evade tax enforcement by concealing or transferring assets may face provisional seizures and detention under the law. This announcement was made on 24 February 2026. The Bureau explained that, to ensure effective tax collection, if a taxpayer fails to...
Taiwan’s Kaohsiung National Taxation Bureau of the Ministry of Finance has clarified that heirs who continue a deceased family member’s sole proprietorship are not required to invoice or report inherited inventory and fixed assets for business tax purposes. The guidance follows a recent inquiry from Mr. Chen regarding his late father’s beverage shop, which operated...
The Colombian government, through Decree No. 0170 issued on 20 February 2026, has established reciprocal tariffs and entry restrictions on goods from Ecuador in response to trade measures previously imposed by Quito. The decree applies a 30% ad valorem tariff on 23 tariff headings, covering 73 subheadings, for products originating in Ecuador. This mirrors the...
The General Directorate of Internal Taxes (DGII) of the Dominican Republic issued Circular No. 03-2026 on 16 February 2026, establishing relief measures for surcharges on overdue tax obligations. The initiative aims to encourage taxpayers to regularise outstanding debts while improving collection efficiency. Payment benefits by fiscal period Debts from 2020 and prior Single Payment: Taxpayers...
The Egyptian Ministry of Finance has issued Decision No. 420 of 2025, providing tax incentives for small businesses with annual revenues up to 15 million EGP under Law No. 6 of 2025. Businesses can apply for these benefits or opt out after five years through the Egyptian Tax Authority portal using Form No. 10/1 for...
Turkey’s Tax Administration has issued guidance on a 5% tax reduction available to compliant taxpayers for the 2026 filing period. The incentive applies to individuals earning business, agricultural, or professional income, as well as most corporate income taxpayers, while entities in finance, banking, insurance, reinsurance, and pension sectors are excluded. Non-resident taxpayers may also qualify...
The Netherlands Council of Ministers approved an income tax treaty with Benin on 13 February 2026, as per the list of decisions. The treaty, the first between the two countries, will be concluded by the Minister of Foreign Affairs and is designed to eliminate double taxation on income while preventing tax avoidance and evasion. This...