Monday, April 27, 2026
Estonia has formally transposed the amendments to the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8) into domestic law. President Alar Karis promulgated the legislative changes following the approval of Bill 795 SE by the Estonian parliament on 7 April 2026. The law implements new reporting and due diligence obligations for crypto-asset...
Poland has announced a law on 16 March 2026 that proposes sweeping changes to the Corporate Income Tax (CIT) Act, targeting business definitions, expense deductibility, and specialised tax regimes. These changes aim to refine definitions, introduce new restrictions on deductible costs, and adjust various tax regimes, including the “Estonian CIT” and the minimal tax. These...
The Turkish Revenue Administration has announced, on 2 April 2026, the release of the domestic minimum corporate tax guide, providing detailed guidance on the new domestic minimum corporate tax rules introduced by Law No. 7524 of 2024. The regulations, set to apply from the 2025 accounting period, establish a baseline corporate tax contribution for companies....
The UAE Federal Tax Authority (FTA) published the Taxpayer User Manual Corporate Tax De-Registration (Version 2.0.0.0) on 6 April 2026, providing detailed instructions for businesses seeking to de-register from Corporate Income Tax (CIT). A registered taxpayer may apply for CIT de-registration under several scenarios, including cessation of business, sale or merger of a business, re-domiciliation,...
Australia has implemented amendments to its multinational taxation framework through the Taxation (Multinational—Global and Domestic Minimum Tax) Amendment (2026 Measures No.1) Rules 2026 on 26 March 2026. The changes took effect immediately upon registration and apply retrospectively to fiscal years starting on or after 1 January 2024. New currency conversion flexibility Multinational entities now have...
Brazil has fundamentally restructured its transfer pricing system through Law No. 14,596/2023 and RFB Normative Instruction No. 2,161/2023, marking a decisive shift toward OECD standards. The arm’s length principle takes centre stage The cornerstone of this transformation is Brazil’s adoption of the arm’s length principle, replacing the rigid prescriptive system of Law No. 9,430/1996. Transactions...
Brazil’s tax authority, the Federal Revenue Service (RFB), has introduced new reporting requirements for the additional social contribution on net profits (CSLL) implemented as a qualified domestic minimum top-up tax under global anti-base erosion rules through Normative Instruction No. 2,319/2026, which was published on 6 April 2026 in the Official Gazette. Companies subject to the...
US President Donald Trump announced on 8 April 2026, that the US will impose a 50% tariff on all goods imported from any country that supplies military weapons to Iran, despite losing his broadest tariff power earlier this year when the Supreme Court struck down his use of the International Emergency Economic Powers Act in...
The South African Revenue Service (SARS) has confirmed that three major Acts were promulgated on 1 April 2026, marking updates to the country’s tax and fiscal framework. The legislation includes the Rates and Monetary Amounts and Amendment of Revenue Laws Act 3 of 2026, the Tax Administration Laws Amendment Act 4 of 2026, and the...
Egypt’s State Information Service announced that Egypt and Morocco signed a new income tax treaty on 6 April 2026, alongside multiple agreements to strengthen bilateral treaties, covering industry, youth, culture, investment, agriculture, and finance. The agreement will enter into force after its ratification, and an exchange of ratification instruments. The treaty will replace the 1989...