Saturday, September 19, 2026
Uzbekistan published Law No. ZRU-1173 on 10 September 2026, introducing measures to strengthen regulation of the e-commerce sector. The new legislation establishes a unified regulatory and taxation framework governing cross-border digital transactions, foreign service providers, online trading platforms, and digital streaming operators. The act also addresses cross-border trade, cybersecurity requirements, and consumer protection by defining...
The Ukrainian Parliament is reviewing the draft Law on amendments to the tax code of Ukraine regarding further improvement of Transfer Pricing (TP) rules, which was submitted on 4 September 2026. If adopted, the lew would enter into force on 1 January 2028. The Cabinet of Ministers of Ukraine would have six months from that...
The Inland Revenue Board of Malaysia (IRBM) released version 4.9 of its e-Invoice Specific Guideline on 7 September 2026. The update introduces simpler identification rules for businesses issuing invoices to individual buyers, addressing the practical difficulties of collecting Tax Identification Numbers during transactions. Flexible options for individual buyers Under Section 3.5.4 of the guideline, businesses...
New Zealand Inland Revenue updated its guidance on 9 September 2026 on the application of the Pillar Two GloBE Rules to multinational enterprise (MNE) groups with a constituent entity in New Zealand. The GloBE rules apply to MNE groups with global annual revenue exceeding EUR 750 million in at least two of the previous four...
The OECD has published Slovenia’s consolidated MLI position on 15 September 2026. The update adds the 2003 Slovenia-Montenegro tax treaty, concluded with the former Serbia and Montenegro, as a covered agreement and makes corresponding changes to Slovenia’s MLI notifications and reservations. Montenegro had already listed the treaty as a covered agreement. The MLI provisions will...
Azerbaijan’s State Tax Service announced that Azerbaijan has concluded the second negotiation round with Cambodia on 11 September 2026. The two countries reached agreement on all tax-related provisions in their draft income tax treaty, marking the first such agreement between them. The draft treaty covers the elimination of double taxation and the prevention of fiscal...
Argentina has committed to implementing the Crypto-Asset Reporting Framework (CARF) and will begin automatic information exchange on crypto transactions by September 2029, according to an update from the OECD on 14 September 2026. The commitment strengthens the nation’s position within the Global Forum on Transparency and Exchange of Information for Tax Purposes, which Argentina joined...
The Italian government announced it would scrap the annual road tax for 14.5 million cars and motorcycles beginning in 2027. The measure will drain more than EUR 2 billion from state finances at a time when Italy already faces significant budget pressures. Prime Minister Giorgia Meloni’s government approved the tax elimination as part of what...
China’s Ministry of Finance and State Taxation Administration released Announcement No. 28 of 2026 on 3 September 2026, introducing mandatory VAT withholding requirements for businesses that purchase services from individual contractors. Starting 1 November 2026, domestic entities must withhold and remit value-added tax on behalf of these service providers in specific circumstances. The rule applies...
The OECD has published updated arbitration profiles for the Netherlands, Australia, and Japan under the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI). Part VI of the MLI allows jurisdictions that opt to apply it to use mandatory binding arbitration to resolve tax treaty disputes. The arbitration...