Saturday, August 29, 2026
Taiwan’s Ministry of Finance (MOF) has reminded profit-seeking enterprises with a special fiscal year to submit all required attachments when filing profit-seeking enterprise income tax returns, except for those exempt under relevant regulations. For returns audited and attested by a certified public accountant (CPA), the audit and attestation report, along with other required attachments, must...
Germany has officially published the Law implementing Council Directive (EU) 2023/2226 (DAC8) in the Official Gazette on 23 December 2025, introducing updated reporting and due diligence requirements for crypto-asset service providers. The European Council approved DAC8 in October 2023. Its rules are primarily derived from the OECD’s Crypto-Asset Reporting Framework (CARF) and the updated Common...
Austria published the Anti-Fraud Act 2025 in the Official Gazette on 23 December 2025. The law implements Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8), introducing new reporting and due diligence obligations for crypto-asset service providers. The Anti-Fraud Act 2025 incorporates the Crypto-Asset Reporting Act (Krypto-MPfG), requiring crypto-asset service providers to register and report...
Chile’s tax authority (SII) has issued Resolution No. 181 of 15 December 2025, which formalises the list of foreign digital service providers (DSPs) subject to value added tax (VAT) withholding for the upcoming calendar year. Chile has implemented a framework to ensure VAT collection on digital services provided by foreign companies. Initially introduced on 1...
Brazil’s Federal Revenue Service (RFB) issued Normative Instruction RFB 2298 on 26 December 2025, updating the Common Reporting Standard (CRS) in line with the latest OECD version. Effective 1 January 2026, Key updates include the incorporation of e-money, central bank digital currencies (CBDCs), and crypto-assets within the scope of the standard, as well as the...
Belgium’s Federal Public Service (SPF Finances) has gazetted the Law of 19 December 2025 on 30 December 2025, introducing amendments to the Income Tax Code (CIR 92), which includes changes to the annual tax on credit institutions. The law increases the annual tax on credit institutions, raising the previous standard and increased rates of 0.13231%...
The Hong Kong Inland Revenue Department (IRD) released a Circular Letter to Tax Representatives on the Block Extension Scheme for Lodgement of 2024/25 Tax Returns on 19 December 2025 stating that the IRD recognises the genuine difficulties being experienced by businesses and practitioners in their operations and has decided to extend the due date for...
The bill implementing the amendments to the domestic Pillar Two rules was published in the Official Gazette on 23 December 2025 (BGBl. I 353/2025) and entered into force on 24 December 2025. The bill updates the Minimum Tax Act and aligns various national tax laws with European Union directives. Its primary objective is to refine...
Iceland’s tax authority, the Revenue and Customs, has released the key rates and amounts for 2026, detailing changes to corporate tax, VAT, and personal income tax. The rate changes are as follows: Corporate tax rate changes Income tax at the general level (limited liability companies, private limited companies, etc.) 20% Income tax at the upper...
Poland’s Ministry of Finance (MoF) published updated FAQs in the sixth edition of the TPR Guide – Questions and Answers on 31 October 2025, providing clarification on 2024 transfer pricing reporting obligations. The updates address revised procedures for converting foreign currency amounts in transfer pricing information (TPR). The changes amend answers to questions 131 and...