Saturday, August 29, 2026
Romania published Government Decision (GD) No. 643/2026 in the Official Gazette (Monitorul Oficial, Nr. 699) on 24 August 2026, establishing the “TechUp Romania” state aid scheme. Approved by the Government on 20 August 2026, the scheme operates as a block-exempted measure under European Commission Regulation (UE) No. 651/2014, meaning it does not require formal notification...
Canada’s Department of Finance removed seafood and fish products from its counter-tariff list on 26 August 2026, following industry feedback about potential economic damage. The exclusion targets selected items while maintaining broader retaliation measures against US imports. The adjustment follows Canada’s announcement of levies on approximately USD 20 billion worth of American goods, matching the...
Qatar published six General Tax Authority (GTA) decisions in Issue 14 of the Official Gazette on 27 August 2026, setting out rules for implementing the Pillar Two global minimum tax framework. A primary focus is the Ministry of Foreign Affairs’ comprehensive guide for the description and classification of diplomatic and consular roles, outlining the formal...
The Federation of Bosnia and Herzegovina (FBiH) has amended the Rulebook on the Application of the Law on Personal Income Tax to allow employers to grant employees a monthly, tax-exempt financial assistance payment of up to BAM 300, available until 31 January 2027. The federal government adopted the amendment on 28 July 2026, and the...
The UAE Federal Tax Authority has issued Decision No. 13 of 2026 on 22 July 2026, establishing due diligence requirements for Taxable Persons seeking to deduct Input Tax. The Decision applies to the verification of the validity and integrity of supplies received before Input Tax is deducted, in accordance with Article 54(bis) of the VAT...
Lithuania has proposed amendments to the Law on Corporate Income Tax that would establish a legal framework for assessing whether activities qualify as research and experimental development works (R&D) for the purposes of applying corporate income tax incentives. The draft amendments to Article 17¹, dated 25 August 2026, would authorise the Government of Lithuania or...
The State Secretariat for International Finance (SIF) has updated Switzerland’s list of jurisdictions for the automatic exchange of financial account information, reclassifying Trinidad and Tobago as a reciprocal jurisdiction, according to a notice published on 25 August 2026. The change affects Switzerland’s implementation of the automatic exchange of information (AEOI) standard, which the country applies...
Thailand has extended its reduced Value-Added Tax (VAT) rate of 6.3% for another year, from 1 October 2026 to 30 September 2027. Including the 0.7% local government allocation, the effective VAT rate remains 7% on sales of goods, provision of services and imports. The extension is set out in Royal Decree No. 807 of 20...
The Dominican Republic’s General Directorate of Internal Taxes (DGII) has announced, on 26 August 2026, that taxpayers classified as Large Local and Medium must exclusively issue electronic invoices using sequences of electronic tax receipts (e-CF) type “E” from 1 November 2026. The requirement follows Law No. 32-23 on Electronic Invoicing of the Dominican Republic and...
Irish Revenue has published eBrief No. 121/26 on 24 August 2026, introducing Tax and Duty Manual Part 38-03-38 – Guidance on reporting obligations of Reporting Crypto-Asset Service Providers. The newly created guidance explains how the reporting obligations for Reporting Crypto-Asset Service Providers will apply and operate in Ireland. The Crypto-Asset Reporting Framework (CARF), developed by...