Tuesday, March 17, 2026
Malaysia’s Ministry of Investment, Trade and Industry (MITI) announced on 29 January 2026 that the government will implement the new incentive framework (NIF), effective 1 March 2026, commencing with the manufacturing sector, followed by the services sector in the second quarter of 2026. The New Incentive Framework (NIF) aligns with the announcement made under Budget 2026....
Austria has published two multilateral agreements in its Official Gazette to strengthen international tax reporting on 29 January 2026. Law No. 17/2026 introduces the Global Anti-Base Erosion (GloBE) Information Returns Agreement (GIR MCAA), signed by Austria on 26 June 2025. The agreement allows participating countries to automatically share GloBE data, supporting global minimum tax compliance....
The Swedish Ministry of Finance submitted Bill 2025/26:102 to Parliament on 27 January 2026, aiming to implement Council Directive (EU) 2025/872 (DAC9) and the OECD’s Global Anti-Base Erosion (GloBE) framework. The proposal outlines how Sweden will adopt international rules for the automatic exchange of top-up tax reports and enhance domestic procedures for large multinational groups....
The Indirect Taxation Administration (ITA) of Bosnia and Herzegovina has raised the minimum excise duty on cigarettes and smoking tobacco, effective 1 January 2026. Cigarette prices in Bosnia and Herzegovina rose at the start of 2026 following an increase in the minimum excise duty, the ITA’s Board of Directors confirmed. The minimum excise duty for...
The income tax treaty between Hong Kong and Turkey entered into force on 30 January 2026. The treaty, signed on 24 September 2024, aims to prevent double taxation and promote greater tax cooperation and transparency. The agreement applies to Hong Kong’s profits tax, salaries tax and property tax, as well as Turkey’s income tax and...
The Inland Revenue Authority of Singapore (IRAS) has released two updated e-Tax guides on 30 January 2026: IRAS e-Tax Guide GST: Assisted Compliance Assurance Programme (ACAP) (Fifth Edition) and IRAS e-Tax Guide GST: Renewal of ACAP Status (Sixth Edition). Assisted Compliance Assurance Programme (ACAP) (Fifth Edition) The guide has been revised to include the new...
The Swiss Federal Tax Administration ( FTA) has released circulars outlining the safe-harbour interest rates for loans between shareholders and related parties. The circular covering loans in Swiss Francs (CHF) was issued on 29 January 2026, while the circular for loans in foreign currencies was published on 30 January 2026. 2026 Swiss safe harbour interest...
Taiwan’s Northern Area National Taxation Bureau of the Ministry of Finance has extended the deadline for businesses filing monthly business tax returns for January 2026 to 23 February, citing the consecutive Lunar New Year holidays. The extension applies to declarations of sales, payable, or overpaid business tax amounts and aims to ensure smooth filing operations...
China’s Ministry of Finance and the State Taxation Administration have jointly released Announcement No. 10 of 2026 on 30 January 2026, introducing a comprehensive framework to ensure a “smooth transition” following the implementation of the Value-Added Tax Law of China. The new regulations, effective 1 January 2026, focus on reducing the burden for small businesses,...
The Australian Taxation Office (ATO) has released new guidance for large privately owned and wealthy groups (private groups) on assessing and reporting SGE status on 29 January 2026. Where a private group includes an entity that is, or may be, a significant global entity (SGE), the relevant guidance should be consulted to ensure accurate SGE...