Tuesday, April 07, 2026
The Hong Kong Inland Revenue Department (IRD) announced, on 18 March 2026, a temporary suspension of its electronic profits tax return filing service in preparation for the rollout of a new version on 1 April 2026. To facilitate system update, the electronic filing services (including “Uploading of Data Files for Supplementary Forms and Supporting Documents...
Austria’s Council of Ministers approved, on 11 March 2026, the start of negotiations for an amending protocol to the 1978 income and capital tax treaty with Malta. The new protocol is being negotiated to fix a tax issue for aviation staff and to bring the treaty in line with OECD rules on corporate and personal...
Luxembourg published the Law of 10 March 2026 in the Official Gazette on 16 March 2026, ratifying the amending protocol to the 2007 income and capital tax treaty with Georgia. The protocol, signed on 3 July 2025, replaces Article 27 (Exchange of Information) of the treaty to align the exchange of information framework with standards...
The OECD has announced, on 17 March 2026, that Bulgaria has joined the International Compliance Assurance Programme (ICAP), bringing the total number of participating countries to 24. ICAP is a voluntary programme designed to enable multinational enterprise (MNE) groups and tax administrations to work together through coordinated risk assessments. Its focus is on identifying and...
The UAE Federal Tax Authority (FTA) has issued Excise Tax Public Clarification EXTP014, updating and replacing EXTP011, to clarify the treatment of Natural Shortage of excise goods within Designated Zones (DZs). The clarification defines circumstances under which a shortage of excise goods is not considered a “release for consumption” and is therefore exempt from Excise...
Montenegro’s parliament has adopted the Law on Global Minimum Corporate Income Tax, aligning the country’s tax framework with international standards under the Organisation for Economic Co-operation and Development (OECD) Pillar Two initiative. The law was published in the Official Gazette of Montenegro No. 33/2026 on 10 March 2026 and entered into force on the same...
Poland’s Ministry of Finance and Economy issued an official notice on 10 March 2026 regarding countries and territories identified by the European Union as tax non-cooperative jurisdictions that are not included in Poland’s domestic harmful tax competition list. This announcement is based on the Tax Ordinance Act of 29 August 1997. The EU Council officially...
Vietnam and Rwanda initiated their first round of negotiations for an income tax treaty on 16 March 2026. Deputy Director Dang Ngoc Minh, leading the Vietnamese delegation, welcomed the Rwandan team and highlighted the strong diplomatic ties between the countries since 1975. He noted that bilateral trade reached approximately USD 12.6 million in 2024, demonstrating...
India’s Central Board of Direct Taxes issued a press release on 23 February 2026, announcing that an amending protocol to the 1992 France–India income and capital tax treaty was signed on 17 February 2026. The protocol introduces significant changes to capital gains taxation, granting complete taxing rights on share sales to the country where the...
The Slovak Republic has initiated public consultation for a proposed income tax treaty with Sri Lanka, with the deadline for feedback set at 31 March 2026. Once signed and ratified, this new agreement will replace the 1978 tax treaty between Sri Lanka and the former Czechoslovak Socialist Republic that currently governs tax relations between Slovakia...