Tuesday, February 03, 2026
Colombia’s tax authority (DIAN) issued Resolution No. 000240 on 24 December 2025, establishing a formal framework for reporting crypto-asset transactions. Under the resolution, digital asset service providers must collect and report specific financial information and user identities to DIAN. The rules align with the OECD’s Crypto-Asset Reporting Framework (CARF), which promotes international tax transparency through...
Iceland’s tax authority, the Revenue and Customs, has published a notification regarding the annual filing of the Country-by-Country (CbC) report on 25 November 2025. Pursuant to Act no. 90/2003 on income tax, entities subject to Country-by-Country reporting obligations must, during 2026 and within one month of the end of the 2025 financial year (31 January...
Japan’s Ministry of Finance (MoF) has released the highlights of the tax reform proposals for the fiscal year 2026. The key elements of the proposals are outlined below: （１）Income tax reform to address rising prices Introduce the scheme, based on the FY2025 Tax Reform Act, to raise the basic exemptions and the minimum guaranteed amount...
Italy’s government has published Legislative Decree No. 186/2025 in the Official Journal No. 288 of 12 December 2025 as part of its ongoing tax reform under Law No. 111/2023. The Legislative Decree No. 186/2025 introduces significant updates and rationalisations to the Value Added Tax (VAT/IVA) framework, particularly concerning the third sector, social enterprises, and non-commercial...
The US Internal Revenue Service (IRS) has released guidance to help individuals prepare for filing their 2026 tax returns on 6 January 2026. With the 2026 filing season quickly approaching, the Internal Revenue Service is urging taxpayers to take a few simple steps now to prepare for filing their 2025 federal income tax returns. Visit...
Bolivia’s tax authority (SIN) issued Normative Board Resolution RND 102500000053 on 30 December 2025, extending certain obligations for the 2024 tax year under the Unified Agricultural Regime (Régimen Agropecuario Unificado, RAU). The resolution provides taxpayers covered by the Unified Agricultural Regime (RAU) with additional time to submit their 2024 sworn declarations and meet their related...
Zimbabwe’s President has formally approved both the Finance Act and the Appropriation Act, giving legal effect to the measures outlined in the 2026 National Budget. Together, these laws implement the government’s fiscal and tax policy agenda for the 2026 financial year. The Finance Act brings into force a range of tax changes proposed in the...
The income tax treaty between Estonia and Oman entered into force on 24 November 2025. Signed on 27 October 2024, the agreement seeks to prevent double taxation and fiscal evasion between the two nations. It will take effect after the ratification instruments have been exchanged and will be applied from 1 January of the following...
Andorra’s parliament approved the ratification of the income and capital tax treaty with Estonia on 11 December 2025. Andorra and Estonia signed an income and capital tax treaty on 23 September 2025. This treaty aims to prevent double taxation on income and capital between the two countries while addressing tax avoidance and evasion issues. Earlier,...
Chile’s Internal Revenue Service (SII) has issued Resolution No. 194, detailing the assets and market values for the 2026 luxury tax. The 2% annual tax applies to high-value items owned by individuals or companies in Chile. Asset Type Tax Rate Notes on Valuation Helicopters 2% Valued using international databases and market trends Aircraft 2% Fair...