Posts by: RF Report


Ireland: Revenue updates Pillar Two TIR and NoF filing guidance, confirms penalty relief

Irish Revenue issued eBrief No. 109/26 on 26 June 2026, providing updated guidance on the filing of the Globe Information Return (Top-up Tax Information Return – TIR) and the Notification of Filer (NoF). The revised guidance also covers penalty relief for TIR central filing in other jurisdictions. Pillar Two filing deadline – 30 June 2026...

Vietnam extends 2026 VAT, CIT, PIT, land rent payment deadlines

Vietnam’s government has issued Decree No. 245/2026/ND-CP on 27 June 2026, introducing another round of tax payment deadline extensions for 2026. The measure grants eligible taxpayers additional time to pay value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent, while leaving tax filing obligations unchanged. Eligible taxpayers The Decree applies...

Turkey extends 2024 global minimum supplementary corporate tax returns deadline

The Turkish Revenue Administration announced the release of Tax Procedure Law Circular No. 203 on 29 June 2026, which extends the filing deadline for Global Minimum Supplementary Corporate Tax Returns for the 2024 fiscal year. As per the Tax Procedure Law Circular No. 203 (VUK-203/2026-9), released on 26 June 2026, the submission and payment deadlines...

Belgium gazettes electronic form for GIR notification

Belgium published the Royal Decree of 22 June 2026 in the Official Gazette on 29 June 2026, entering into force on the same day, establishing the procedure for submitting the GloBE Information Return (GIR). It adopts the standard GIR form under Council Directive (EU) 2025/872 (DAC9), which must be filed electronically through MyMinFin. The electronic...

Italy, Paraguay negotiate income tax treaty

Italy and Paraguay are in negotiations for a bilateral income tax treaty, according to a release from the Italian Paraguayan Chamber of Commerce on 22 June 2026. The discussions come as Paraguay strengthens its position as a strategic investment hub for Italian and European businesses in South America. The country’s competitive advantages include a business-friendly...

Morocco: Government approves income tax treaty with Egypt

Morocco’s Council of Government approved draft law No. 038.26 concerning the ratification of the income tax treaty with Egypt on 25 June 2026. Signed on 6 April 2026, the treaty will enter into force following the exchange of ratification instruments and, once effective, will replace the existing 1989 tax treaty between the two countries. Earlier,...

Argentina: Chamber of Deputies approves amending protocol to tax treaty with France

The Argentine Chamber of Deputies announced that the protocol amending the 1979 income and capital tax treaty with France was approved on 24 June 2026. The amending protocol was signed on 6 December 2019. It will enter into force 30 days after the exchange of ratification instruments and will apply from 1 January of the...

US, Australia sign customs mutual assistance agreement

US Customs and Border Protection, on behalf of the US, in a release on 25 June 2026, announced that it signed a Customs Mutual Assistance Agreement with Australia in Brussels, Belgium. The CMAA is a bilateral agreement that enables both countries to prevent, detect, and investigate customs-related crimes, support judicial proceedings, enhance cooperation, and facilitate...

US: New York limits tax penalty relief to retroactive federal decoupling adjustments

New York will offer targeted tax penalty and interest relief to taxpayers impacted by its retroactive decoupling from certain federal changes introduced under the OBBBA, as outlined in Important Notice N-26-1 issued by the New York State Department of Taxation and Finance on 16 June 2026. The relief applies to taxpayers who timely file or...

Philippines: BIR opens one-time tax abatement program for micro taxpayers

Philippines Bureau of Internal Revenue (BIR) has opened a one-time tax abatement program for micro taxpayers on 26 June 2026, offering micro businesses and stop-filers an opportunity to resolve outstanding tax liabilities, clean up their records, and start with a clean slate. Through Revenue Regulations No. 4-2026 issued on 22 June 2026, the BIR prescribes...