Saturday, September 19, 2026
The Croatian Ministry of Finance has issued draft legislation proposing amendments to the VAT Act to partially implement Council Directive (EU) 2025/516, known as VAT in the Digital Age (ViDA), and align Croatia’s VAT framework with EU requirements. The proposal seeks to modernise VAT rules to reflect the needs of the digital economy. The draft...
The Social Security Commission (SSC) of Namibia released a public notice on 7 August 2026 that outlines a progressive plan to increase the contribution ceiling for the Maternity Leave, Sick Leave, and Death Benefit Fund (MSD). While the contribution ceiling increase was originally scheduled to take effect on 1 March 2026, its implementation was deferred...
The US Treasury and the IRS have proposed regulations (REG-115646-25) establishing rules for allocating a controlled foreign corporation’s (CFC) subpart F income, tested income, and tested loss among US shareholders based on their respective periods of stock ownership during the CFC’s taxable year. The proposed IRS regulations follow the One, Big, Beautiful Bill Act (OBBBA),...
Argentina’s tax authority (ARCA) announced, on 25 August 2026, that it has extended the deadline for filing income tax returns for individuals and undivided estates until 22 September 2026. This extension was implemented through General Resolution 5890/2026, published in the Official Gazette. The agency has thus granted taxpayers four additional weeks to complete the procedures...
The OECD published responses to its 1 June 2026 invitation for comments on a public consultation document proposing potential revisions to Chapter VII of the OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations concerning the transfer pricing of intragroup services on 24 August 2026. The consultation received over 100 public comments from businesses,...
The US Internal Revenue Service (IRS) has released Issue No. 2026-08, urging eligible foreign filers to register for a Foreign Filer Transmitter Control Code (TCC) ahead of the 2027 filing season on 19 August 2026. The registration provides credentials for electronically filing Forms 1042-S, applicable Forms 1099, and other information returns through the International Data...
Following the US imposition of a 50% tariff on USD 27.6 billion of Canadian goods effective 22 August, Canada has announced retaliatory tariffs on around USD 20 billion worth of annual US imports on 25 August 2025 alongside support measures for affected businesses and workers, matching Washington’s latest duties dollar-for-dollar, effective 8 September 2026. Canada...
The UAE Ministry of Finance has issued Ministerial Decision No. 133 of 2026 on 25 August 2026, setting out the entities required to file the Pillar Two Information Return under Cabinet Decision No. 142 of 2024 on the Imposition of Top-Up Tax on Multinational Enterprises. The Decision forms part of the UAE’s implementation of the...
Morocco has gazetted Royal Decree No. 1.26.39 on 12 August 2026, promulgating Law No. 53.24 ratifying the income tax treaty with Chad. Signed on 14 August 2024, the treaty aims to establish a cooperative tax framework to prevent double taxation and tax evasion while promoting cross-border investment and trade. It will enter into force after...
Argentina and Vietnam have concluded negotiations on their income tax treaty, according to an update from Argentina’s Undersecretariat of Public Revenue. This agreement seeks to establish a framework for eliminating double taxation on income while preventing tax evasion and avoidance between the two countries. The agreement has been initialled but must still be signed and...