Saturday, August 08, 2026
Germany’s Federal Ministry of Finance has released the officially prescribed data set for DAC8 reporting, applicable to crypto-asset service providers under the Kryptowerte-Steuertransparenz-Gesetz (KStTG). From 2027, providers must electronically submit transaction data for the 2026 calendar year to the Federal Central Tax Office. Reports must follow the designated XML formats, including the DIP interface for...
Peru issued Legislative Decree No. 1714 on 4 February 2026, revising the application of advance VAT (IGV) withholding on imported goods. The changes clarify when a 10% withholding rate applies, up from the usual 3.5% or 5%, based on the risk profile and tax/customs compliance of the importer. The decree, enacted under the authority delegated...
The Northern District National Taxation Bureau of the Ministry of Finance issued guidance yesterday, 24 February 2026, ahead of the filing period for the 2025 Profit-Seeking Enterprise Income Tax Return and the 2024 Undistributed Earnings Return, identifying five frequent mistakes or omissions in corporate income tax filings: Misclassification of investment transactions Transactions involving shares or...
The US Department of the Treasury and the Internal Revenue Service (IRS) announced on 20 February 2026 that it has provided interim guidance for taxpayers regarding the special depreciation allowance for qualified production property enacted under the One, Big, Beautiful Bill. Notice 2026-16 announces that Treasury and the IRS will issue proposed regulations on a...
Brazil’s tax authority, the Federal Revenue Service (RFB), has announced the release of updated technical documentation for the first phase of the Declaration of Specific Regimes (DeRE) on 23 February 2026. While the published file still carries the “DRAFT” label, officials clarify that this version is intended for use in the restricted assessment environment. This...
Brazil’s Executive Committee of Foreign Commerce (GECEX) has gazetted Resolution GECEX 852/26 on 4 February 2026, and Resolution GECEX 853/26 on 6 February 2026, which relate to import duty increases on various capital goods, IT, and telecom products. Resolution GECEX 852/26 Resolution GECEX 852/26, which entered into force on 5 February 2026, raises import duties...
The Malaysian Investment Development Authority (MIDA) has launched the New Incentive Framework (NIF), which goes into effect on 1 March 2026 for manufacturing and later in Q2 2026 for the services sector. The NIF adopts an outcome-based and tiered approach, whereby the granting of incentives is directly linked to the achievement of outcomes aligned with...
The US began collecting a new 10% global import tariff on 25 February 2026, following a Supreme Court ruling that struck down President Trump’s previous emergency tariffs, which had ranged from 10% to 50%. On 20 February 2026, the US Supreme Court, in a 6–3 decision in Learning Resources v. Trump, held that President Donald...
Slovenia has ratified several international agreements to strengthen tax transparency and financial governance. Regulation No. 15, published on 20 February 2026, confirms Slovenia’s participation in the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA), signed in December 2025. This agreement enables the automatic exchange of GloBE Information...
Malta’s Tax and Customs Administration has issued revised guidance on the automatic exchange of financial account information (DAC 2) and introduced a new Self-Compliance Questionnaire (SCQ) for CRS and FATCA compliance. Update of the guidance on automatic exchange of financial account information (DAC 2) The MTCA notifies that Version 4.8 of the DAC 2 Guidelines...