Posts by: RF Report


Canada, Qatar set to conclude tax treaty negotiations

Canadian and Qatari officials met on 8 January 2026 to discuss ways to strengthen bilateral cooperation, The Qatar News Agency (QNA) reported. HE Dr Ahmed bin Mohammed Al Sayed, Minister of State for Foreign Trade Affairs, welcomed HE Maninder Sidhu, Canada’s Minister of International Trade, along with his delegation, during Sidhu’s visit to Qatar. The...

Argentina: ARCA extends VAT prepayment relief on essentials until mid-2026

Argentina’s tax and customs authority (ARCA) published General Resolution 5,807 in the Official Gazette on 30 December 2025, announcing an extension to the suspension of advance VAT collection on essential items, including food, medicines, and cleaning products in the basic consumption basket. This measure continues the exceptions previously established for: Income tax on imports of...

Latvia: Parliament revises capitalisation rules, introduces individual-owned company tax relief

Latvia has published Amendments to the Corporate Income Tax Law on 18 December 2025, which were approved on 3 December 2025, introducing new provisions affecting port authorities, taxpayers composed only of natural persons, and interest payments on certain financing. One key change is the introduction of additional exemptions from the thin capitalisation (interest restriction) rules....

Czech Republic, Mauritius holds second round of tax treaty talks

Officials from the Czech Republic and Mauritius are meeting for the second round of talks on a potential income tax treaty from 13 to 16 January 2026. If an agreement is reached it will prevent double taxation and fiscal evasion between the two nations. Before it can take effect, the treaty will need to be...

Belgium: Government proposes DAC8 crypto-asset framework rules

The government has presented the bill No. 56 1249/001 of 17 December 2025 to parliament on 9 January 2026 to implement the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC8, 2023/2226). Set to take effect retroactively from 1 January 2026, the bill introduces new rules for reporting and sharing tax-related information on electronic...

Guatemala joins Inclusive Framework on BEPS

The OECD announced, on 12 January 2026, that Guatemala has joined the Inclusive Framework on BEPS, increasing its membership to 148 jurisdictions. By joining, Guatemala becomes the 148th member to join the OECD/G20 Inclusive Framework on BEPS, a global initiative providing a platform for international tax collaboration. Through its membership, Guatemala will engage on an...

US: Trump to imposes tariffs on Iran’s trade partners

Alongside military considerations, Trump has moved to sharply increase economic pressure on Iran. He announced on Monday, 12 January 2026, the immediate imposition of a 25% tariff on any country doing business with Iran, a step that could significantly affect China and other major Iranian trading partners. The move has drawn criticism from Beijing and...

European Commission confirms application of side-by-side arrangement under the Pillar 2 Directive

The European Commission, in a notice on 12 January 2026, acknowledged the Side-by-Side arrangement on Safe Harbours and confirmed its application within the framework of Council Directive (EU) 2022/2523 (Pillar 2 Directive). Under Article 32 of the Directive, Member States may allow, at the option of the filing constituent entity, the top-up tax for a...

Hungary updates transfer pricing documentation framework

Hungary has adopted revised transfer pricing documentation rules under Decree No. 45/2025, published in the Official Gazette on 23 December 2025. The revised rules will require taxpayers to reassess their compliance approach ahead of the 2026 fiscal year. Scope and application The new regulation reshapes Hungary’s domestic transfer pricing documentation framework, affecting documentation thresholds, eligible...

Tax treaty between Estonia, Liechtenstein enters into force

Estonia’s Ministry of Finance has confirmed that the income and capital tax treaty between Estonia and Liechtenstein entered into force on 26 December 2025. Signed on 10 July 2025, the agreement seeks to eliminate double taxation and prevent tax evasion. The treaty covers Estonian income tax, Liechtenstein’s corporate income tax, personal income tax, real estate...