Sunday, June 07, 2026
Brazil’s Federal Revenue Service (RFB) has introduced new flexibility for taxpayers seeking to settle tax debts through administrative transactions, according to RFB Ordinance No. 676 published on 27 April 2026. The ordinance modifies Article 20 of RFB Ordinance No. 555 from 1 July 2025, which governs tax credit transactions in administrative litigation. The primary change...
Kenya’s government released the Finance Bill, 2026, proposing amendments across key tax laws, including the Income Tax Act (Cap. 470), VAT Act (Cap. 476), Excise Duty Act (Cap. 472), Stamp Duty Act (Cap. 480), Tax Procedures Act (Cap. 469B), and the Miscellaneous Fees and Levies Act (Cap. 469C). The proposed legislation covers a wide range...
Korea (Rep.)’s National Tax Service (NTS) issued a release on 28 April 2026 setting out Global Minimum Tax filing requirements, including reporting obligations, filing procedures and deadlines for multinational enterprise (MNE) groups. The global minimum tax is part of the international tax reform aimed at ensuring MNE groups pay an effective minimum tax rate of...
Australia has opened lodgments for Pillar Two returns, allowing multinational enterprise (MNE) groups to begin filing ahead of the first deadline on 30 June 2026. This announcement was made on 5 May 2026. Taxpayers can now submit both the GloBE Information Return (GIR) and the combined global and domestic minimum tax return (CGDMTR) through official...
Canada’s Department of Finance has tabled the Notice of Ways and Means Motion to introduce a bill entitled A second Act to implement certain provisions of the budget in Parliament on 4 November 2025. The bill introduces a range of measures, including significant amendments to the Global Minimum Tax Act. Additionally, this comprehensive bill introduces...
Taiwan’s Ministry of Finance (MOF) announced that it signed an agreement on mutual administrative assistance in customs matters (CMAA) with Eswatini on 2 May 2026. The MOF noted that the agreement builds on the Economic Cooperation Agreement (ECA) signed between the two countries in 2018, under which both sides agreed to strengthen cooperation in customs...
The Qatar General Tax Authority has announced the signing of an amending protocol to the 2010 income and capital tax treaty with Austria on 3 May 2026. Key revisions include the redrafting of Article 8 on international maritime and air transport, the revision of Article 10 on dividends to clarify the scope of eligible government...
San Marino has ratified an amending protocol that updates its income and capital tax treaty with Georgia, according to Council Decree No. 63 published on 30 April 2026. The protocol, which was signed on 17 October 2025, introduces a significant change to Article 25 covering the Mutual Agreement Procedure. The amendment removes the previous time...
The amending protocol to the 2005 income tax treaty between Malta and San Marino entered into force on 22 April 2026. Signed on 1 April 2024, the protocol removes the three-year time limit for resolving cases under the Mutual Agreement Procedure. It goes into effect from the date of its entry into force, 22 April...
Tanzania’s Ministry of Finance has announced that it has signed an income tax treaty with Turkey on 4 May 2026. This follows after the second round of negotiations regarding the conclusion of a double taxation avoidance agreement between Turkey and Tanzania, which was held in Dar es Salaam from 17 – 20 February, 2025. The...