Sunday, May 17, 2026
The Government of Liberia has announced, on 7 April 2026, a series of reforms to the country’s tax system following the passage of the Liberia Tax Amendment Act of December 2025, which was approved on 24 March 2026. The updated framework introduces a 13% Goods and Services Tax (GST) while maintaining the rate on telecommunications...
The Namibia Revenue Agency (NamRA) has announced on 27 March 2026, a further extension for submitting income tax returns related to loss restriction provisions, pushing the deadline to 31 October 2026. This marks the second extension following an initial postponement to 31 March 2026. NamRA cited ongoing system development work as the primary reason for the...
The Dutch Tax Authority’s knowledge group issued guidance on 9 April 2026, interpreting the joint venture (JV) definition in Article 1.2 of the Minimum Tax Act 2024, addressing three key questions about entity qualification. Net asset value method required Entities can only qualify as joint ventures if their financial results are recognised using the net...
Germany’s Federal Ministry of Finance (BMF) has published a draft bill to update the list of jurisdictions covered under the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA). The bill proposes the inclusion of Rwanda, Senegal and Trinidad and Tobago in the CRS Extension Ordinance, expanding the scope of automatic...
Turkey’s Revenue Administration published Draft General Communiqué No. 25 amending General Communiqué No. 1 on Corporate Income Tax on 8 April 2026, which sets out implementation details under Law No. 7524 and Law No. 7566 covering the domestic minimum corporate income tax, corporate exemptions and procedural changes. The draft introduces revised conditions for investment funds...
Poland’s Council of Ministers approved amendments to personal income tax, corporate income tax, and lump-sum tax legislation, introducing significant changes to electronic accounting book submissions on 8 April 2026. The new regulations permanently extend the deadline for submitting Uniform Control Files (JPK) – the standard electronic format used by businesses to transmit financial data to...
Taiwan’s Kaohsiung National Taxation Bureau of the Ministry of Finance has announced, on 9 April 2026, that the review of income and deduction data for the 114 tax year comprehensive income tax will begin on 28 April 115 at 8:00 AM. Individual taxpayers are advised to take note, as the first day of the filing...
Vietnam has extended the suspension of environmental protection and special consumption taxes on fuels until the end of June from 15 April to stabilise the domestic market amid ongoing supply disruptions linked to the Iran war, the parliamentary office said on Sunday,12 April 2026. The National Assembly has passed a resolution maintaining the suspension, which...
Germany’s Ministry of Finance (MoF) issued a draft amendment to the Minimum Tax Implementation Ordinance (Mindeststeuerdurchführungsverordnung – MinStDV) on 2 April 2026 to further define international reporting requirements under the Minimum Tax Act (Mindeststeuergesetz, MinStG). The draft revises the previous Minimum Tax Report Ordinance and aims to clarify the scope, structure, and exchange of the...
Turkey’s Revenue Administration, on 8 April 2026, issued draft forms and clarifications on the implementation of the Global Minimum Supplementary Corporate Tax (Global MCT), which applies under the Pillar Two framework, including the income inclusion rule (IIR) and undertaxed profits rule (UTPR). The Global Minimum Supplementary Corporate Tax is established under Article 7 (Additional) of...