Tuesday, March 17, 2026
Greece’s Independent Authority for Public Revenue (AADE) announced, on 20 February 2026, that the importer licensing process for the Carbon Border Adjustment Mechanism (CBAM) is open until 31 March 2026, as Greece accelerates preparations for the mechanism’s full operational readiness. AADE, acting as the National Authority for the implementation of CBAM, said it is stepping...
Zambia’s Ministry of Information and Media issued a statement, on 18 February 2026, outlining recent Cabinet decisions, among which was the approval of a draft income tax treaty with Turkey, designed to prevent double taxation and fiscal evasion. The agreement must go through a process of formal signing and ratification in both jurisdictions before it...
Ecuadorian President Daniel Noboa has enacted Executive Decree 304 on 12 February 2026, temporarily lowering the Value Added Tax (VAT) rate from 15% to 8% during the Carnival holiday to encourage domestic tourism and support economic activity. The reduced rate applies from 14 to 17 February 2026 to hostels, restaurants, cafes, tourist transport, tour packages...
Turkey’s Revenue Administration has published an updated guide on the taxation of investment income for the 2025 tax year under the Individual Income Tax Law. The guide covers income from capital, including dividends, interest on bank deposits, Eurobonds, lease certificates, and treasury bonds. It defines the financial thresholds that trigger a formal declaration requirement and...
The Saudi Zakat, Tax and Customs Authority (ZATCA) urges individuals to pay their Zakat “voluntary” via “ZAKATY” App for smart phones or via the website (zakaty.zatca.gov.sa) where this Platform provides the ability to calculate the payable Zakat of various type. This Zakat includes money, gold, silver, stocks, investment funds, real estate acquired for trade, etc....
Sweden’s Ministry of Finance (MoF) has published a draft bill proposing measures to combat tax evasion through VAT fraud in cross-border EU trade by strengthening the Swedish Tax Agency’s ability to control access to the VAT system. This announcement was made on 17 February 2026. The bill proposes, among other things, that the Tax Agency...
The Czech Ministry of Finance has submitted a draft law for consultation that would introduce an updated electronic sales recording system (EET 2.0) from 1 January 2027. Drawing on experience from the previous system and reflecting advances in digital payments, the modernised framework is designed to simplify tax administration while reducing the technical burden on...
Turkey’s Revenue Administration has issued Guidance No. 583, outlining the taxation of capital gains from the sale of real estate. The guidance details the rules, calculation methods, and declaration procedures for income tax on gains realised from disposing of property within five years of acquisition. Scope of taxation and the Five-Year rule Capital gains arise...
Indonesia and the US have finalised a trade agreement on 19 February 2026 that reduces US tariffs on Indonesian goods from 32% to 19%, with key exemptions secured for Indonesia’s major exports. The deal was signed in Washington by Indonesia’s senior economic minister, Airlangga Hartarto, and US Trade Representative, Jamieson Greer, following months of negotiations....
Poland’s Senate is examining draft legislation to implement two EU directives on administrative cooperation in taxation — DAC8 and DAC9 — following its approval by the Committee on Budget and Public Finance on 18 February 2026. Poland, along with other EU Member States, is required to incorporate both directives into its legal framework by the...