Tuesday, March 17, 2026
The EU has dramatically increased import duties on Chinese ceramic tableware and kitchenware to 79%, replacing the previous range of 13.1% to 36.1% that had been in effect since 2013. The European Commission justified the steep increase by citing evidence that Chinese ceramic manufacturers receive government assistance through preferential financing, subsidised land, and cheaper raw...
Romania has pushed back the mandatory implementation of its RO e-Factura system for small and medium-sized enterprises to 1 July 2026. This extension provides businesses with lower annual revenues more time to get their systems ready for electronic invoicing. The postponement applies to SMEs with an annual turnover of less than EUR 500,000. The additional...
Chile’s tax authority (SII) has presented its 2026 Tax Compliance Management Plan (PGCT) on 29 January 2026, emphasising taxpayer support, business formalisation, cooperative compliance, and the fight against tax evasion and organised crime. This annual plan, mandated by Law No. 21,713, was submitted to the Tax Council and Senate Finance Committee following feedback received in...
India’s Central Board of Direct Taxes (CBDT), under the Ministry of Finance’s Department of Revenue, has launched a consultation seeking stakeholder inputs on the proposed Income-tax Rules and related Forms connected to the Income-tax Act, 2025. This announcement was made on 8 February 2026. The Income-tax Act, 2025 received the assent of the President in...
Italy’s Revenue Agency issued a directive on 6 February 2026, approving the annual declaration form for supplementary taxation under the Global Minimum Tax regime established by Legislative Decree no. 209/2023. The provision finalises the operational framework initiated by a decree from the Deputy Minister of Economy and Finance dated 7 November 2025, which outlined reporting...
Colombia’s tax authority (DIAN) has issued a notification, on 6 February 2026, for large taxpayers subject to the transfer pricing regime to make any required transfer pricing adjustments when filing their 2025 fiscal year income tax return. As filing deadlines approach, large taxpayers must ensure that their tax return reflects the necessary adjustments, where applicable,...
Switzerland has updated its list of participating jurisdictions under the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA). The update was formalised in Decision No. RO 2026 57, gazetted on 3 February 2026, and takes effect from 1 January 2026. State/Territory Effective Date Exchange Type Uganda 1 January 2026 Reciprocal...
Estonia has released legislation in its Official Gazette approving the ratification of the outstanding income and capital tax treaty with Andorra on 3 February 2025. Andorra and Estonia signed an income and capital tax treaty on 23 September 2025. This agreement aims to prevent double taxation on income and capital between the two countries while...
The French Council of Ministers approved the new income tax treaty with Cyprus on 28 January 2026. The treaty was signed on 11 December 2023. This treaty seeks to prevent double taxation and fiscal evasion between the two nations. The treaty becomes effective on the day after the parties exchange their instruments of ratification and...
Irish Revenue has updated its guidance on main purpose tests, issuing eBrief No. 023/26 on 28 January 2026 to clarify the application of objective tests and introduce new guidance on a ‘reasonable to consider’ test. The revisions, effective January 2026, appear in Tax and Duty Manual Part 33-01-01. The update emphasises that objective tests focus...