Tuesday, February 03, 2026
Uruguay Uruguay’s Ministry of Economy and Finance issued Decree No. 325/025 on 29 December 2025, detailing how fiscal stability clauses that existed before the introduction of the Pillar 2 Qualified Domestic Minimum Top-Up Tax (QDMTT), or Impuesto Mínimo Complementario Doméstico (IMCD) in Spanish, should be applied. The decree sets out rules for the Domestic Minimum...
The Saudi Zakat, Tax, and Customs Authority (ZATCA) issued a Tax Bulletin clarifying the treatment of technical and consulting services under the Income Tax Law and applicable Double Taxation Avoidance Agreements on 25 December 2025. The guidance distinguishes between technical or consulting services and transfers of knowledge or know-how. Payments to non-residents for technical and...
Turkey published Law No. 7569 in the Official Gazette on 26 December 2025, approving the ratification of its income tax treaty with Hong Kong. The treaty, signed on 24 September 2024, is the first income tax agreement between the two jurisdictions. It aims to prevent double taxation and promote greater tax cooperation and transparency. The...
The Albanian Council of Ministers has approved a protocol to amend the 2010 income and capital tax treaty with Germany on 30 December 2025. The agreement seeks to prevent double taxation and fiscal evasion between the two nations The treaty’s first amendment, this protocol will only enter into force after it has been signed and...
Lithuania’s Ministry of Foreign Affairs (MoFA) has confirmed that the 1999 tax treaty with Russia will end on 1 January 2026. The termination follows Lithuania’s adoption of Law No. XIV-2991 on 10 October 2024, after Russia suspended several provisions of the treaty in August 2023.
Ecuador’s Internal Revenue Service (SRI) has confirmed that the standard VAT rate of 15% will remain in effect for 2026. Circular NAC-DGECCGC25-00000006, issued on 26 December 2025, specifies that the 15% rate, established under Executive Decree No. 470 of 4 December 2024, will continue until any future executive decree changes it. Earlier, Ecuador extended the...
On 30 December 2025, the Irish Revenue issued eBrief No. 251/25, introducing a new stamp duty exemption for certain transfers of stocks and marketable securities. The exemption applies to qualifying transfers made between 1 January 2026 and 31 December 2030. On the same day, Revenue also released eBrief No. 252/25, which outlines various other updates...
The UAE’s Federal Tax Authority (FTA) issued guidance on the Profit Margin Scheme (VATGPM1) on 5 January 2026. The scheme, an optional VAT method, is designed to prevent double taxation on certain goods. The guide outlines eligible goods and transactions, explains how to calculate VAT under the scheme, and details the record-keeping and reporting obligations...
Malaysia’s Ministry of Finance released updated policy notices on sales and services tax (SST) on 5 January 2026. The key updates are as follows: Effective 1 January 2026, the service tax on rental and leasing services will be revised to support the industry. The current rate of 8% will be lowered to 6%, while the...
Bulgaria’s National Revenue Agency (NRA) has issued detailed guidance, on 31 December 2025, on how taxpayers should handle tax and social security payments following the country’s adoption of the euro (EUR) from 1 January 2026, replacing the Bulgarian lev (BGN). Payments in euros, even during dual circulation Starting 1 January 2026, all public receivables collected...