Sunday, June 07, 2026
Irish Revenue has issued eBrief No. 87/2026 on 29 April 2026, providing updated guidance on the tax treatment of Investment Limited Partnerships (ILPs). The update is set out in the newly created Tax and Duty Manual (TDM) Part 27-01a-04. ILPs are regulated investment fund structures formed under a contract between general partners, with unlimited liability,...
France has published a Ministerial Order on 24 April 2026, published in Official Journal No. 0099 of 26 April 2026, updating the list of jurisdictions that meet the conditions for exemption from local filing under its country-by-country (CbC) reporting framework. The update amends the existing rules set out in the Decree of 6 July 2017...
Serbia’s Ministry of Finance has introduced new interest rates for related party loans in 2026, with the rulebook set to take effect on 2 May 2026 following its publication in the Official Gazette on 24 April 2026. The regulations establish arm’s length interest rates that apply to all related party loans during 2026, regardless of...
El Salvador has eliminated a 3% withholding tax on returns earned by foreign investors in its stock market, marking a significant policy shift to attract international capital and boost economic growth. Legislative Decree No. 544, approved on 9 April 2026 and effective from 21 April 2026, removes the tax on income and yields from securities...
Irish Revenue has published eBrief No. 086/26 on 28 April 2026, which provides updated guidance on the VAT treatment of guest and holiday accommodation and the VAT treatment of restaurant and catering services. Both categories will be subject to the second reduced rate of VAT (9%) with effect from 1 July 2026. VAT treatment of...
The US and Croatia have signed an amending protocol to their income tax treaty, bringing the agreement closer to ratification. The protocol was signed on 28 April 2026 during the Three Seas Initiative Summit in Dubrovnik by US Ambassador to Croatia Nicole McGraw and Croatian Finance Minister Ćorić. The original treaty, signed on 7 December...
The Chilean government has introduced a comprehensive tax reform draft bill before Congress aimed at reviving economic growth, attracting investment, and creating formal employment opportunities across the country. The draft legislation, presented to the Chamber of Deputies on 22 April 2026 as Bulletin No. 18216-03, proposes significant changes to the country’s tax framework with measures...
Greece’s Independent Authority for Public Revenue (AADE) has announced the launch of a new digital application designed to provide taxpayers with immediate information on certified debts against legal persons or entities for which they bear joint and several liability, in accordance with Article 49 of the Tax Procedure Code (Law 5104/2024, A’ 58). According to...
The Australian Taxation Office (ATO) has issued a notice on 28 April 2026 outlining which entities are required to lodge a general purpose financial statement. Lodging a general purpose financial statement (GPFS) is a crucial step for various entities in Australia. Under section 3CA of the Taxation Administration Act 1953, an entity is required to...
Taiwan’s Ministry of Finance has reminded taxpayers that the filing period for the 2025 individual income tax return for foreign (alien) individuals will run from 1 May to 1 June 2026. The Changhua Branch of the National Taxation Bureau of the Central Area (NTBCA) stated that alien individuals with income sourced from the Republic of...