Sunday, June 07, 2026
The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), in a press release on 18 May 2026, has notified the public of the implementation of the Taxpayer Identification (Tax ID), in line with Sections 6, 7 and 8 of the Nigeria Tax Administration Act, 2025, which mandate every taxable person in...
Romania’s Ministry of Finance announced on 18 May 2026 that it has supported an amendment adopted in the Budget-Finance Committee of the Chamber of Deputies, which simplifies the rules for using the RO e-Invoice system. The amendment, which modifies Emergency Ordinance no. 120/2021 on the national RO e-Invoice system, was taken up and supported by...
Companies that invested in capital goods within Southern Italy’s Special Economic Zone last year can now utilise a supplementary tax credit through the newly established code 7041. The Revenue Agency introduced this code through Resolution no. 18, issued on 15 May 2026, specifically for the additional tax benefit outlined in the 2026 budget law. The...
Hong Kong’s Legislative Council (LegCo) announced on 18 May 2026 that it set to reconvene on 20 May 2026 to continue deliberations on key legislative and policy matters, including the resumed Second Reading debate on the Stamp Duty (Amendment) Bill 2026. Appendix 1 Prof Hon Michael NGAI’s motion on “Strengthening Hong Kong’s function as an...
The Malta Tax and Customs Administration has announced that the online service for filing Personal Income Tax Returns for the Year of Assessment 2026 (Basis Year 2025) is now available. Taxpayers can access the service through mytax.mtca.gov.mt. The administration encouraged taxpayers to use the online services. Taxpayers can call servizz.gov offices for assistance and guidance.
The UAE Federal Tax Authority (FTA) has announced, on 14 May 2026, that more than 68,600 taxable persons benefited from the Corporate Tax Late Registration Penalty Waiver initiative during 2025 and the early part of 2026, as the country continues to expand support measures linked to its corporate tax regime. The initiative, introduced under a...
Taiwan’s Beidou Office, National Taxation Bureau of the Central Area, Ministry of Finance, reminds foreign taxpayers that the number of days of residence in Taiwan is calculated based on the entry and exit stamps in their passports or the “Certificate of Entry and Exit Dates” issued by the National Immigration Agency, Ministry of the Interior....
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on the Time Limit to Claim Relief in Respect of Error or Mistake and When and How to File Notice of Objection, setting clearer rules for corporate taxpayers and confirming a move towards mandatory digital filing for tax disputes. Under section 93A of the...
The South African Treasury has released draft amendments on 15 May 2026 for public comment under the Customs and Excise Act, 1964, relating to the repeal of the environmental levy on electricity, following the removal of the electricity levy effective from 1 April 2026. This draft document from the South African Revenue Service (SARS) outlines...
The New Zealand Labour Party has announced that it would reverse the National Government’s planned fuel excise tax increase, citing rising fuel costs and ongoing cost-of-living pressures on households and businesses. The announcement was made on 15 May 2026 by Labour Leader Chris Hipkins. According to Labour, recent data shows significant increases in fuel prices...