Posts by: RF Report


Poland raises e-cigarette excise tax to PLN 50 per unit, closes design loopholes

Poland’s Council of Ministers approved an amendment to the Excise Duty Act on 21 July 2026, closing loopholes in how the government taxes e-cigarettes and vaping equipment. The new rules treat all vaping devices the same way regardless of their design, and they substantially raise excise rates across the board. What’s changing The excise tax...

Poland: Council of Ministers approve simplified VAT rules for trade, customs

Poland’s Council of Ministers approved draft amendments to the Goods and Services Tax Act on 21 July 2026. The changes target three pain points: redundant paperwork for importers, manual customs processes, and disagreements with tax authorities over export documentation. Importers skip the VAT certificate step Companies no longer need to submit proof of active VAT...

Nigeria begins e-invoicing compliance monitoring ahead of July deadline

The Nigeria Revenue Service (NRS) has commenced compliance monitoring for large taxpayers under the National E-Invoicing & Electronic Fiscal System (EFS) regime, reminding in-scope taxpayers of the Public Notice issued on 17 February 2026 regarding the implementation timeline and mandatory adoption of the National E-Invoicing & Electronic Fiscal System (EFS), also known as the Merchant...

Greece simplifies application process for investor flat-tax regime for new tax residents

Greece’s The Independent Authority for Public Revenue (AADE) has simplified the application process for the alternative taxation regime for foreign-source income for new tax residents investing in Greece under Article 5A of the Income Tax Code (ITC). The changes were introduced through Decision A.1147/2026, issued by AADE Governor George Pitsilis on 20 July 2026. Under...

Bangladesh opens 2026-27 individual tax return filing, mandates e-return requirement

Bangladesh has officially opened the 2026-27 individual income tax return filing season, with the National Board of Revenue (NBR) launching its e-return filing service on 22 July 2026 and making online filing mandatory for most individual taxpayers. Under the new requirement, all general individual taxpayers must submit their income tax returns electronically through the NBR’s...

Australia: ATO announces ESIC reporting deadline

The Australian Taxation Office (ATO) announced, on 22 July 2026, that the annual information reporting deadline for early stage innovation companies is nearly here. Companies that issued new shares during 2025–26 must lodge their information report by 31 July 2026. Companies are required to complete an early stage innovation company report if new shares are...

Brazil delays CBS registration, tax document obligations for individuals until 2027

Brazil’s tax authority, the Federal Revenue Service (RFB) announced, on 22 July 2026, the publication of Decree No. 13,075, of 21 July 2026, formalising the change in the implementation schedule for registration and documentary obligations applicable to individuals under the Contribution on Goods and Services (CBS). The Decree amended provisions of Decree No. 12,955, of...

Tanzania enacts Finance Act 2026 with excise, VAT, compliance measures

The Parliament of Tanzania has enacted the Finance Act 2026, introducing a broad package of tax and revenue measures affecting excise duty, export taxes, Value Added Tax (VAT), tax administration and public finance. The Act received presidential assent from President Samia Suluhu Hassan on 30 June 2026. The legislation amends several laws governing the collection...

Singapore adds related party transaction reporting to corporate tax compliance focus

The Inland Revenue Authority of Singapore (IRAS) has updated its Getting Companies to Comply guidance, adding the timely and accurate filing of the Form for Reporting Related Party Transactions (RPT Form) as a new ongoing area of corporate tax compliance focus. Companies are required to complete the RPT Form where the value of related party...

China lowers threshold for special tax treatment of assets and liabilities in business reorganisations

China’s State Taxation Administration (STA) has issued Announcement No. 13 of 2026 on 8 July 2026, introducing rules on the special tax treatment applicable to corporate restructuring transactions, including mergers and demergers. China has simplified access to deferral tax treatment for mergers and spin-offs, reducing the shareholder approval threshold to 50% from a previous consensus...