Saturday, July 18, 2026
Russia’s State Duma, in the first reading, has approved a draft law designed to align the provisions of the Tax Code with separate legislation establishing a comprehensive framework for the regulation of the organisation and circulation of digital currencies and digital rights. The bill, approved on 9 June 2026, seeks to create clear and favourable...
Taiwan’s National Taxation Bureau of the Northern Area (NTBNA), Ministry of Finance stated that, pursuant to Article 4 of the Tax Collection Act and the principle of reciprocity, foreign diplomatic missions in the R.O.C. and their personnel may purchase goods or services exempt from business tax by presenting the Business Tax Exemption Card issued by...
The Italian Revenue Agency has issued Provision of 8 June 2026 (Prot. n. 171016/2026), which establishes the operational rules for requesting legal advice under Article 10-octies of the Statute of Taxpayer’s Rights. This procedure is specifically designed to provide a general or abstract interpretation of tax provisions managed by the Agency, particularly when there is...
Poland’s government announced on 15 June 2026 that it has prolonged the reduced VAT rate on petrol, diesel, and pure biocomponents until 30 June 2026, maintaining relief measures introduced under its CPN programme aimed at stabilising fuel prices for consumers. Officials have characterised the extension as provisional, reflecting volatile market conditions in the Middle East....
Tunisia’s 2026 Finance Law introduces a sweeping framework allowing taxpayers to clear outstanding obligations with substantial penalty forgiveness, while simultaneously opening an amnesty window for previously unfiled tax documents, according to a notice on 11 June 2026. The scheme targets both historical debt resolution and compliance gaps. Complete penalty waiver for historical debts The law...
Australia’s largest accounting body, CPA Australia, has sounded a warning over the government’s newly introduced Treasury Laws Amendment Bill 2026, cautioning that the legislation risks making the tax system more complex rather than simpler. The Bill delivers the core elements of the Federal Budget’s tax package — including changes to capital gains tax (CGT), negative...
The Danish Supreme Court (Højesteret) issued a ruling in Cases BS-36976/2025-HJR and BS-36974/2025-HJR on 11 June 2026, concerning the limitation period (statute of limitations) for claims seeking refunds of withheld dividend and royalty taxes. The cases involved the Ministry of Taxation and three taxpayers (A, B, and C), who sought refunds on the grounds that...
Belgium’s tax authorities announced, on 12 June 2026, that it has postponed the deadline for multinational enterprises and large domestic groups to notify their designated GloBE Information Return (GIR) filing entity. The notification portal will launch on 1 July 2026, with submissions required by 30 September 2026 for the 2024 and 2025 assessment years. New...
The Malta Tax and Customs Administration (MTCA) has notified taxpayers that the European Commission published a frequently asked question on 29 May 2026, clarifying that all EU Member States should treat Cyprus as having a qualified Income Inclusion Rule (IIR) in effect under the EU Pillar Two Global Minimum Tax Directive. According to the MTCA,...
Hong Kong’s Secretary for Financial Services and the Treasury, Mr Christopher Hui, had a bilateral meeting with the Ambassador of the Republic of Cyprus to China, Ms Koula Sophianou, in Hong Kong on 12 June 2026 and signed on behalf of the Hong Kong Special Administrative Region (HKSAR) Government a comprehensive avoidance of double taxation...