Tuesday, February 03, 2026
The Kenya Revenue Authority (KRA) advised in a public notice on 19 December 2025 that under Regulation 2 of the Tax Procedures (Common Reporting Standards) Regulations, 2023, and the Commissioner’s powers under the Tax Procedures Act, Cap 469B, the official list of jurisdictions applicable for the Common Reporting Standard (CRS) has been published for Reporting...
Poland’s Ministry of Finance announced on 19 December 2025 that starting 1 January 2026, applications submitted via ePUAP by individuals or entities that are not public bodies to tax authorities or KAS will no longer be legally recognised. Legally effective submissions must be made either: to the official electronic delivery address of the tax authority,...
UAE’s Ministry of Finance (“MoF”) has announced on 19 December 2025 the issuance of Cabinet Decision No. 153 of 2025 regarding the application of the reverse charge mechanism on trading of metal scrap between registrants in the UAE, effective from 14 January 2026. The measures taken pursuant to the provisions of Federal Decree‑Law No. 8...
Belgium’s tax authority (SPF Finances) announced on 19 December 2025 that all Belgian companies subject to VAT must use electronic invoicing with each other from 1 January 2026. The draft law includes several measures concerning this mandatory e-invoicing. To avoid the temporary and unnecessary costs that this delay would entail for businesses, the tax authority...
Lithuania’s tax authority, the State Tax Inspectorate (VMI) announced on 17 December 2025 that companies producing or importing non-alcoholic sweetened beverages or their concentrates from other EU countries must register as excise duty payers with the VMI from 1 January 2026. Registration can be done by email at vmi@vmi.lt. Who Needs to Register: Beverages with...
Finland’s parliament concluded its deliberations and voting on the 2026 Budget on 19 December 2025. The key tax measures, including the reduced corporate tax rates and the 2026 income tax schedule, have been adopted. The single reading of the 2026 Budget began with a general debate on the full budget proposal on 15 December 2025...
The Northern Taiwan National Taxation Bureau of the Ministry of Finance stated that, in line with international anti-tax avoidance trends and to maintain tax fairness, Taiwan’s Controlled Foreign Corporation (CFC) regime has been implemented starting from fiscal year 2023. When profit-seeking enterprises file their 2024 income tax returns, if they fall within the scope of...
Irish Revenue has issued Revenue eBrief No. 244/25 on 18 December 2025, announcing updates to Tax and Duty Manual Part 04A-01-01A (Guidance on Pillar 2– Registration), including an extension to the Pillar 2 tax registration deadline for certain in-scope entities. Under the update, for in-scope entities whose first fiscal year ends in 2024, the Pillar...
Luxembourg has issued the Law of 17 December 2025 in the Official Gazette on 18 December 2025, approving the ratification of protocol to its 1996 income and capital tax treaty with Vietnam. The protocol, signed on 4 May 2023, updates provisions on information exchange to align with OECD standards. The agreement will take effect after...
Denmark’s Parliament has passed two bills introducing tax measures to support electric vehicles (EVs), taking effect on 1 January 2026. Bill L 79 A delays the increase in registration tax for zero-emission vehicles. The tax-free threshold remains at DKK 419,300 in 2026, and the effective registration tax rate stays at 60%. The gradual increase in...