Friday, October 09, 2026
The UK’s HM Revenue & Customs (HMRC) has updated the rules for UK VAT refunds claimed by non-UK businesses that are members of VAT groups, according to a policy paper issued on 8 September 2026. Under the revised rules, non-UK VAT group members must submit their own claims for UK VAT they incurred. HMRC will...
The Federal Court of Australia rejected Hilton International Australia Pty Ltd’s challenge to the Commissioner of Taxation on 9 September 2026 (Case: Hilton International Australia Pty Ltd v Commissioner of Taxation (No 2) [2026] FCA 1325). Justice Younan upheld the Commissioner’s decision to add AUD 173,300,032.00 to the company’s assessable income for the 2015 income...
The Office of the United States Trade Representative (USTR), through the Trade Policy Staff Committee (TPSC), invited public comment on 14 September 2026 on foreign barriers to US exports of goods and services and US foreign direct investment for inclusion in the 2027 National Trade Estimate Report. The deadline to submit comments is 29 October...
Belgium’s Advance Tax Rulings Service (SDA) has issued Newsflash SDA 2026/05, confirming that the country’s favourable copyright tax regime has been extended to computer programs with effect from 1 January 2026. The extension follows the Law of 15 July 2026 on Personal Income Tax Reforms, which reversed the earlier exclusion of software royalties introduced under...
Canada’s Finance Minister François-Philippe Champagne announced on 14 September 2026 that the Canada Revenue Agency (CRA) will fast-track advance income tax ruling requests for investments worth CAD 1 billion or more. The priority system began immediately and affects all applications submitted through the Advance Income Tax Rulings (AITR) programme. What the new priority system does...
Kazakhstan’s Ministry of National Economy has opened a public consultation on a draft law proposing amendments and additions to the country’s Tax Code. The draft was published on the Open NPAs portal on 3 September 2026 and reflected feedback from government bodies, working groups and the business community. The proposals cover investment incentives, digital assets,...
Ukraine’s State Tax Service has announced that the Organisation for Economic Co-operation and Development (OECD) has updated the data exchange schema under the Common Reporting Standard (CRS), introducing new technical requirements that financial agents will need to meet. The updated schema, known as CRS XML Schema (v3.0), provides for the use of additional information fields...
South Africa’s National Treasury has launched a consultation inviting taxpayers, tax practitioners and members of the public to submit technical tax proposals for possible inclusion in Annexure C of the 2027 Budget Review, according to a media statement issued on 4 September 2026. The Minister of Finance announces new tax proposals in the Budget every...
The Australian Taxation Office has announced updated guidance on PAYG withholding annual reports for interest, dividend, and royalty payments made to non-residents on 11 September 2026. The move follows the creation of a new completion guide designed to simplify the lodgment process for affected businesses. Key reporting obligations Businesses must file the PAYG withholding annual...
The US Treasury has welcomed the OECD/G20 Inclusive Framework’s release of the revised GloBE Information Return (GIR) on 11 September 2026. The changes implement President Trump’s directive to exempt American corporations from the international tax agreement negotiated by the previous administration. The revised GIR forms part of a broader Pillar Two package and incorporates simplifications...