Tuesday, February 03, 2026
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance stated that when business operators sell goods or services, the pricing of taxable items must include business tax. In addition, uniform invoices must be issued in accordance with the prescribed time limits for issuing sales certificates. Business operators may not require consumers to pay...
The South African Revenue Service (SARS) will roll out registration and notification functionality for the Global Minimum Tax (GMT) through its eFiling platform on 16 March 2026. This announcement was made on 19 December 2025. The move forms part of South Africa’s implementation of the Global Anti-Base Erosion (GloBE) framework. SARS said the integration of...
Taiwan’s Northern Taiwan National Taxation Bureau of the Ministry of Finance has stated that research and development (R&D) expenditures eligible for investment tax credits must be traceable, while routine testing costs are excluded from the scope of deductions. This announcement was made on 19 December 2025. The Bureau explained that under Article 10 of the...
Russia’s government has approved a list of budget expenditures eligible for execution with the use of the digital ruble beginning in 2025. This announcement was made on 18 December 2025. The list was developed under Federal Law No. 303-FZ of July 31, 2025, “On Amendments to the Budget Code of the Russian Federation”, which provides...
Taiwan Northern Area National Taxation Bureau of the Ministry of Finance (MOF) stated that when business operators sell goods or services, the listed prices of taxable items must include value-added tax (VAT). Uniform Invoices must be issued in accordance with the prescribed time limits for issuing sales documents. Businesses may not require consumers to pay...
The Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Steueränderungsgesetz 2025) on 19 December 2025, providing tax relief measures for individuals and other technical amendments to various tax laws. Income tax: Increase in commuter allowance (distance lump sum) to 38 cents per kilometre from the first kilometre. Removal of the time limitation on the...
Austria’s Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Abgabenänderungsgesetz 2025) on 18 December 2025. The act updates several tax laws and ensures national legislation aligns with EU requirements. It also aims to simplify administration and enhance legal certainty. The legislation amends a wide range of statutes, including the: Income Tax Act 1988, Corporation...
Luxembourg’s Chamber of Deputies (Parliament) adopted, in first reading on 17 December 2025, a bill to transpose the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC9, 2025/872) into national law. The bill establishes a framework to simplify filing obligations and facilitate information exchange by multinational enterprises (MNEs) and large domestic groups under the...
The Australian government announced in its Mid-Year Economic and Fiscal Outlook (MYEFO) 2025-2026 that it will implement the OECD Crypto Asset Reporting Framework (CARF) for the automatic exchange of tax relevant information on crypto assets, commencing in 2027 with the first exchange of information with foreign tax authorities to take place in 2028. The government...
Hungary’s National Tax and Customs Administration (NAV) has published draft amendments for the monthly tax and contribution return (Form 2608) on 18 December 2025. The form, which covers taxes and contributions related to payments and benefits, is undergoing significant changes effective 1 January 2026. These amendments to the form aim to help taxpayers prepare and...