Saturday, July 18, 2026
Hungary’s National Tax and Customs Administration (NAV) has announced the release of the Factsheet for Global Minimum Tax Reporting (DAC9/GIR) on 4 June 2026. The factsheet provides practical guidance for multinational and large domestic corporations regarding their data reporting obligations under Hungary’s new global minimum tax regulations. It outlines the specific legal frameworks, such as...
The Australian Taxation Office (ATO) in a reminder on 11 June 2026 announced that the first Pillar Two lodgments for Australian in-scope multinational enterprise groups (MNE groups) and their advisers are due on 30 June 2026. This includes the GloBE Information Return (GIR) and the Combined global and domestic minimum tax return (CGDMTR). This gives...
Romania’s National Agency of Fiscal Administration (ANAF) has unveiled a draft Order to replace the longstanding procedure governing advance pricing agreements (APAs), which has operated under Order No. 3735/2015 for over a decade. The proposed changes, now under public consultation following publication on 5 June 2026, reflect evolving international standards and Romania’s movement towards OECD...
Bolivia’s Tax Authority (SIN) has issued Resolution No. 102600000016 on 27 May 2026, which updates the official list of countries or regions considered to have low or zero taxation (tax havens). This update is critical for taxpayers as it impacts tax returns, transfer pricing documentation, and other fiscal obligations. The resolution serves as a legal...
Portugal’s Tax and Customs Authority has published Order No. 76/2026-XXV of 3 June 2026, extending the deadline for submitting the GloBE Information Return (GIR) and the top-up tax settlement required under Article 45(1)(b) and (c) of Law No. 41/2024, the Global Minimum Tax Law. Under the order, constituent entities whose fiscal year ended between 31...
Azerbaijan and the UK held the first round of negotiations in London on a new convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains, according to a 10 June 2026 statement from Azerbaijan’s State Tax Service. Delegations from Azerbaijan’s State Tax Service...
The OECD has published a working paper on The impact of population ageing on tax revenues in OECD countries on 2 June 2026. Population ageing is a major structural trend across OECD countries, with potentially significant implications for public finances, yet its effects on tax revenues remain relatively understudied. This working paper examines the potential...
The EU has published the Commission Implementing Regulation (EU) 2026/1200 of 5 June 2026, which has been published in the Official Journal of the European Union, setting out measures to introduce an interim flat-rate customs duty of EUR 3 on goods contained in small parcels valued below EUR 150, effective from 1 July 2026. This...
Turkey’s Revenue Administration has announced, 1 June 2026, that the Global Minimum Supplementary Corporate Tax Return is now available through the Digital Tax Office for the 2024 accounting period. The return is used to report and pay Pillar Two top-up tax under the income inclusion rule (IIR) and the undertaxed profits rule (UTPR). The administration...
The Philippines Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 059-2026 on 2 June 2026, which provides supplementary guidance to clarify issues arising from the implementation of Revenue Regulations (RR) No. 003-2025 on the imposition of VAT on digital services. The circular presents the clarifications in a question-and-answer format, addressing key implementation...