Tuesday, March 17, 2026
The Internal Revenue Service (SRI) issued ResolutioNAC-DGERCGC26-00000001 on 9 January 2026, amending Resolution NAC-DGERCGC25-00000004 to update the submission schedule for the “Formulario Informativo Actividades Mineras” (Mining Activities Information Form). Under the resolution, all persons subject to the form must submit it monthly for the activities carried out, even if no activities occurred. Deadlines are determined...
Colombia’s tax authority (DIAN) issued Ruling No. 0158 of 26 January 2026, clarifying how expenses supported by documents from persons not obligated to issue invoices (DSNO) can be deducted. The ruling permits DSNOs that are generated and transmitted in the year following a transaction to be used for tax deductions, provided it can be demonstrated...
Ecuador’s Internal Revenue Service (SRI) has issued Resolution No. NAC-DGERCGC26-00000004 on 6 February 2026, establishing coefficients for presumptive tax assessments for the 2024 fiscal year. The resolution allows the SRI to determine income tax when a direct assessment is not possible due to missing or incomplete tax returns, insufficient documentation, lack of accounting records, or...
Vietnam has signalled plans to increase imports from the US, focusing on machinery, high-technology products, and energy resources, as the two countries conduct the sixth round of negotiations on the Vietnam–US Fair and Balanced Reciprocal Trade Agreement. Acting Trade Minister Le Manh Hung met with US energy, industrial, and aviation companies, including Apple, ExxonMobil, and...
Austria has issued an official promulgation notice concerning the Multilateral Competent Authority Agreement on Automatic Exchange of Information pursuant to the Crypto-Asset Reporting Framework (CARF MCAA) on 29 January 2026. Under the promulgation notice, the Multilateral Agreement is deemed to have been signed by the competent Austrian authority in line with a declaration submitted on...
Rwanda has gazetted the ratification of its income tax treaty with Hong Kong, which was formalised in Law No. 004/2026 on 1 February 2026. The agreement, originally signed on 9 October 2025, sets the framework for cross-border taxation and investment. The treaty will enter into force once ratification instruments are exchanged. In Hong Kong, it...
The income tax treaty between Italy and Kosovo, signed on 22 June 2021, entered into force on 21 December 2025 and applies from 1 January 2026. This agreement aims to eliminate double taxation on income and prevent tax evasion and avoidance between the two countries. It covers personal and corporate income taxes in both countries,...
Poland’s Council of Ministers approved legislation on 3 February 2026 to simplify tax law, reduce bureaucracy, and provide clearer rules and stronger protections for taxpayers. The reforms are designed to make tax processes more predictable, shorten case resolution times, and allow authorities to focus on serious violations rather than minor errors. Streamlined reporting of tax schemes...
The Indian Income Tax Department filed a special leave petition before the Supreme Court on 30 January 2026, challenging a Bombay High Court ruling that held Dividend Distribution Tax (DDT) could be limited by applicable tax treaties. The appeal seeks to overturn a decision that could trigger significant refund claims if upheld. High Court redefines...
The digital trade agreement between the European Union and Singapore, signed on 7 May 2025, came into effect on 1 February 2026. The agreement represents a step forward in the EU’s trade policy, supporting competitiveness, strengthening economic security, and creating new opportunities for citizens and businesses. The DTA strengthens bilateral trade by setting transparent rules...