Saturday, July 18, 2026
Belgium’s digital infrastructure overhaul continues with a significant administrative reshuffle. The Federal Public Service Finance (FPS Finance) will take control of the Belgian Peppol Authority from 2027, assuming responsibilities held by the Belgian Federal Public Service Strategy and Support (BOSA) since the authority’s inception in late 2015. This announcement was confirmed by BOSA on 25...
Lithuania has amended its Law on Value Added Tax (VAT) to align the payment deadline for import VAT with the deadline applicable to customs duties where the special import VAT procedure is used. The changes were introduced under Law No. XV-984, adopted on 4 June 2026 in Vilnius. It amends Article 115(17) of the Law...
Thailand’s Cabinet has approved a two-year extension of tax measures designed to encourage wider adoption of the country’s electronic tax system, including incentives for investment in electronic tax infrastructure and continued preferential rates under the e-Withholding Tax system. The decision, approved on 16 June 2026, follows proposals by the Ministry of Finance through the Revenue...
Australia’s Parliament has introduced a Bill to implement Budget 2026–27 measures, including the introduction of loss carry-back provisions and the permanent extension of the small business instant asset write-off. The Treasury Laws Amendment (Tax Reform No. 2) Bill 2026 introduces three primary changes to Australian tax law to bolster business investment and regional sports partnerships:...
Australia’s Parliament passed the Treasury Laws Amendment (Tax Reform No. 1) Bill 2026 on 25 June 2026, which is a key component of the 2026–27 Federal Budget tax package. The Bill introduces significant reforms aimed at improving housing affordability, creating a more level playing field for first home buyers, and enhancing the fairness of the...
Bangladesh has passed the Finance Bill 2026, approving a series of revisions to the government’s budget proposals, including a higher income tax-free threshold for individual taxpayers, the withdrawal of several controversial tax provisions and changes affecting education, agriculture and manufacturing sectors. The bill was passed by voice vote in Parliament after being moved by Finance...
Spain has published Order HAC/623/2026 of 12 June 2026 in the Official State Gazette (BOE) on 23 June 2026, introducing amendments to several Non-Resident Income Tax returns and related filing procedures. The Order updates: Form 210 – Non-Resident Income Tax Income obtained without a Permanent Establishment, Form 213 – Non-Resident Income Tax Special Tax on...
The Organisation for Economic Cooperation and Development (OECD) released an updated list of signatories, along with their signing dates, for the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports on 29 May 2026. As of 25 June 2026, 116 jurisdictions have signed the MCAA-CbC. Under BEPS Action 13, all large multinational...
Argentina’s Executive Branch has introduced a new exemption from the tax on debit and credit bank accounts for cryptocurrency transactions by amending Decree No. 380/2001 through Decree No. 475/2026, dated 17 June 2026 The decree updates tax regulations on bank debits and credits by expanding exemptions for modern financial services, including registered virtual asset providers...
The Australian Taxation Office (ATO) has updated its company tax rates 2025–26 guidance to include the Global Minimum Tax (GMT), which applies at rates ranging from 0% to 15%. The guidance confirms that GMT applies to in-scope multinational enterprise (MNE) groups, while certain entities are excluded from Australia’s global and domestic minimum tax rules as...