Saturday, September 19, 2026
Morocco published Royal Decree No. 1.26.72 in the Official Gazette on 12 August 2026, promulgating Law No. 76.19, which ratifies the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA). The law approving the MCAA was passed by both chambers of the Moroccan Parliament: The House of Representatives and the House of...
Taiwan’s Legislative Yuan on 21 August 2026 passed the third reading of amendments to Articles 17 and 126 of the Income Tax Act, increasing tax-exempt allowances for minor children and removing the TWD 24,000 cap on itemised deductions for certain insurance premiums. Once promulgated by the President, the amendments will apply to the filing of...
The Finland–France income tax treaty, signed in 2023, will enter into force on 28 August 2026. The new tax treaty aims to replace the 1970 tax convention between the two countries. The treaty covers major income taxes in both countries, including French income and corporation taxes and Finnish state, corporate, municipal and church taxes. Special...
Argentina’s Undersecretariat of Public Revenue, in an update, stated that Argentina and Kuwait have concluded negotiations and initialled an income and capital tax treaty. This agreement seeks to establish a framework for eliminating double taxation on income while preventing tax evasion and avoidance between the two countries. Any resulting treaty must be signed and ratified...
Morocco has gazetted Royal Decree No. 1.26.53 on 12 August 2026, promulgating Law No. 39.25, which ratifies the income tax treaty with Burundi. Signed on 12 May 2025, this treaty focuses on avoiding double taxation and preventing tax evasion and fraud regarding income taxes between the two countries. It will enter into force upon the...
Irish Revenue has updated its guidance on the tax treatment of foreign withholding tax for Section 110 qualifying companies, setting out how relief may be available under Schedule 24 where income has been taxed at source in another jurisdiction. The changes were issued through eBrief No. 120/26 on 21 August 2026, which updates Tax and...
Prime Minister Mark Carney announced on 21 August 2026 that Canada’s government has halted negotiations with the US following what it characterises as unfair last-minute changes to proposed trade terms. The decision came after the US announced plans to impose a 50% tariff on roughly USD 28 billion worth of Canadian goods, effective from 22...
The Saudi Zakat, Tax and Customs Authority (ZATCA) has urged business sector establishments subject to VAT, with goods and service revenues exceeding SAR 40 million, to file their tax returns for July 2026 by no later than 31 August 2026. ZATCA called on the affected establishments to submit their tax returns immediately through ZATCA’s App...
The US Internal Revenue Service (IRS) announced on 20 August 2026 that a digitally authenticated Tax Compliance Report is available through the IRS Individual Online Account. Taxpayers can securely obtain and download the report when applying for a job, a loan, a government benefit, or another service that requires tax compliance information. Financial institutions, government...
China and Switzerland announced the conclusion of negotiations to optimise their 2013 free trade agreement (FTA), following five rounds of talks on 20 August 2026, after five rounds of negotiations launched in September 2024. The revised agreement addresses the existing tariff imbalance, under which almost all Chinese imports into Switzerland are duty-free, while only around...