Tuesday, March 17, 2026
Colombia said it will propose raising tariffs on certain Ecuadorean goods from 30% to 50% in response to Ecuador’s move to increase tariffs on Colombian imports from 1 March. Commerce Minister Diana Marcela Morales said the proposal targets 73 products and may extend to others, pending government approval. Ecuador’s President Daniel Noboa said the tariffs...
Taiwan’s Southern District National Taxation Bureau of the Ministry of Finance has clarified that individuals whose real estate is auctioned by the court are required to report the transaction for consolidated housing and land tax, even if no proceeds are received. This announcement was made on 26 February 2026. The rules apply to properties acquired...
Georgia has issued Order No. 52 of 24 February 2026, in the Official Gazette, establishing a new annual obligation to report information on international controlled transactions. The order introduces a mandatory reporting requirement for entities engaged in international controlled transactions that exceed a total value of GEL 500,000 per year. When calculating this GEL 500,000...
Ukraine’s Ministry of Finance (MoF) opened a public consultation on a draft law titled “On Amendments to the Tax Code of Ukraine Regarding Further Improvement of Transfer Pricing Rules” on 24 February 2026. The draft was prepared with the support of experts from the Organisation for Economic Co-operation and Development (OECD), together with specialists from...
The French government has updated the rates for the flat-rate tax on network enterprises (IFER) for the 2026 tax year. This announcement was made on 25 February 2026. Under Section II of Article 1635-0 quinquies of the General Tax Code (CGI), all IFER components are adjusted annually based on the projected household consumer price inflation...
Colombia’s Ministry of Environment and Sustainable Development, together with the National Tax and Customs Directorate (DIAN), issued guidelines on 26 February 2026, clarifying the application of the national tax on imported single-use plastic products used for packaging, wrapping, or containing goods. The guidance follows DIAN’s Resolution 0005 of 2026 and operates within the framework of...
The Court of Justice of the European Union (CJEU) delivered a judgment on 26 February 2026, examining how Belgium has transposed the Controlled Foreign Company (CFC) rules under the Anti-Tax Avoidance Directive (ATAD). The case centred on whether Belgium was required to allow taxpayers to deduct taxes paid by a CFC from their domestic tax...
Belgium’s Ministry of Finance issued Circular 2026/C/33 on 24 February 2026, establishing a separate 5% capital gains tax on the disposal of shares in SICAV-RDT/DBI-BEVEK investment companies effective from the assessment year 2026. It also stipulates that companies can only credit withholding tax on dividends from these vehicles if they have paid the minimum director...
Chile’s tax authority (SII) issued Resolution EX. SII No. 27 on 20 February 2026, which provides automatic forgiveness of interest charges and penalties for taxpayers affected by system outages. The SII’s digital platform experienced technical disruptions on 20 February 2026, the deadline for submitting Form 29 (monthly VAT return) tax declarations and payments. Since these...
The Nigeria Revenue Service (NRS) has announced the continuation of the phased rollout of its E-Invoicing and Electronic Fiscal System (EFS), also known as the Merchant Buyer Solution (MBS), to Medium and Emerging Taxpayers. In a notice issued on 23 February 2026, the Service informed taxpayers, tax practitioners, and the general public that the expansion...