Posts by: RF Report


Singapore: IRAS updates GST ACAP guidance

Singapore’s Inland Revenue Authority of Singapore (IRAS) has published two updated e-Tax guides on the GST Assistance Compliance Assurance Programme (ACAP), including revised guidance for businesses renewing their ACAP status and those applying for ACAP for the first time. The GST: Renewal of Assisted Compliance Assurance Programme (ACAP) Status (Seventh Edition), published on 1 September...

UAE: FTA clarifies VAT rules for concerned goods

The UAE Federal Tax Authority (FTA) has issued VAT Public Clarification VATP045 – Concerned Goods – Tax Invoices and Input Tax Recovery on 26 August 2026, setting out the VAT treatment for Concerned Goods imported into the UAE on or before 31 December 2025. The clarification explains when Taxable Persons must account for Output Tax...

Bolivia: SIN extends tax debt payment period

Bolivia’s National Tax Service (SIN) has extended the maximum period for taxpayers to access tax debt Payment Facilities from 30 to 60 months under Normative Ruling of the Board of Directors (RND) 102600000033. The measure implements Supreme Decree 5687 of 31 August 2026, which amended the Payment Facilities period established under Decree No. 27310 (Regulations...

Greece consults new foreign investment incentives

Greece’s Ministry of Development has opened public consultation on 1 September 2026 on a draft bill proposing new incentives for foreign direct investment, including an income tax exemption for eligible investment projects. Under the proposed scheme, the income tax exemption would be calculated as a percentage of eligible expenditure and held as a tax-free reserve. The...

Bahrain: NBR issues DMTT computation guide for 15% domestic minimum top-up tax

Bahrain’s National Bureau for Revenue (NBR) has issued the DMTT Computation Guide Version 1.0 on 23 August 2026, providing guidance on how in-scope Multinational Enterprise (MNE) Groups should calculate the 15% Domestic Minimum Top-up Tax (DMTT). The DMTT applies from 1 January 2025 to MNE Groups operating in Bahrain with consolidated group revenue of EUR...

Germany: Federal Cabinet approves draft income tax reform Act 2027

Germany’s Federal Cabinet (Bundesregierung) has approved the draft income tax reform Act 2027 on 2 September 2026, proposing tax relief for individuals from 1 January 2027 alongside higher rates for high-income earners. The package would raise the basic personal allowance, child-related tax allowances and child benefit, increase the employee lump-sum deduction and adjust the income...

Greece: AADE extends tax deadlines for Lesvos sectors

Greece’s Independent Authority for Public Revenue (AADE) has introduced tax relief measures for businesses and professionals in Lesvos that suffered financial losses following the outbreak of Foot-and-Mouth Disease and the implementation of veterinary measures. The measures were announced in a joint press release issued in Athens on 2 September 2026 by the Ministry of National...

Ireland: Revenue updates 2025 Form 11 with new prefilled fields, expanded relief provisions

Ireland’s tax authority (Revenue) issued eBrief No. 127/26 on 31 August 2026, detailing a set of amendments to the ROS Form 11 2025 self-assessment income tax return. The form has been available since 1 January 2026 and continues to be updated on an ongoing basis to incorporate additional prefilled information sourced from third parties. The...

Brazil: RFB tightens monitoring of tax benefit compliance

Brazil’s tax authority, the Federal Revenue Service (RFB) announced on 2 September 2026 that it updated its rules for tracking corporate use of tax benefits through Normative Instruction RFB No. 2,341, released 31 August 2026, which modifies the earlier Normative Instruction RFB No. 2,332 from 25 June 2026. The amendment takes effect on 1 September...

Italy: Revenue Agency introduces automatic VAT settlement for unfiled returns

Italy’s Revenue Agency has published implementation rules for a new automatic VAT settlement process introduced by the 2026 Budget Law. The provision, signed on 28 August 2026, details how authorities can determine amounts owed when taxpayers fail to file their annual VAT returns. The system draws on data already held by the Administration—electronic invoices, payment...