Friday, October 09, 2026
The Australian Taxation Office published final Taxation Ruling TR 2026/2 Income tax: royalties – character of payments on 4 September 2026, establishing the ATO’s position on software intermediation arrangements and when payments qualify as royalties for withholding tax purposes. The ruling supersedes draft guidance TR 2024/D1, which itself had replaced TR 2021/D4, and withdraws the...
Greece’s Independent Authority for Public Revenue (AADE) has launched an investigation into helicopter companies operating in the Greek islands over suspected tax evasion, following reports of helicopters landing at unauthorised locations. Auditors from AADE’s Directorate for Special Operations and Audits (DEOS) carried out extensive checks into the ownership and operation of the aircraft concerned, as...
The Australian Taxation Office (ATO) has announced reforms on 7 September 2026 that restrict how employers can reduce fringe benefits tax (FBT) liability when offering salary sacrificed work-related benefits, particularly for expenses covered by the standard deduction. Salary sacrifice exemption narrowing From 1 April 2027, the “otherwise deductible” rule will no longer apply to salary...
Brazil’s 12% export tax on crude oil remains in effect after a federal appellate court overturned a lower-court ruling that had suspended the levy for companies represented by the Brazilian Association of Exploration and Production of Oil and Gas (ABEP). The ruling has left oil exporters facing continued uncertainty as legal proceedings remain pending. The...
Russia has expanded access to its tax monitoring regime from 1 September 2026, allowing legal successors of companies already subject to tax monitoring to enter the regime without independently meeting the standard eligibility thresholds. The change follows Federal Law No. 425-FZ, adopted on 20 November 2025, approved by the Federation Council on 26 November 2025...
The Hong Kong Financial Services and the Treasury Bureau completed negotiations on a comprehensive avoidance of double taxation agreement (CDTA) with Slovenia on 4 September 2026. Secretary Christopher Hui signed the accord on behalf of the Hong Kong Special Administrative Region Government alongside Ambassador Boštjan Malovrh of Slovenia. The agreement represents Hong Kong’s 60th CDTA...
The Inland Revenue Authority of Singapore (IRAS) has ruled that an intended waiver of a loan between a company and its intermediate holding company is a capital transaction, with any resulting gains not subject to tax under section 10(1) of the Income Tax Act 1947 (ITA). The ruling, issued in Advance Ruling Summary No. 15/2026...
Brazil’s Federal Senate has approved Bill No. 278/2026, establishing the Special Tax Regime for Data Centre Services (REDATA), a specialised tax incentive program designed to expand Brazil’s digital infrastructure. The initiative seeks to reduce Brazil’s reliance on foreign digital services, bolster technological sovereignty, and improve economic competitiveness in the era of artificial intelligence. By amending...
Bolivia’s National Tax Service (SIN) announced on 4 September 2026 that it eliminated a formal reporting requirement for the hotel and lodging sector, removing a recurring administrative obligation that businesses have faced since 2020. The change came through Regulatory Board Resolution (RND) No. 102600000035, effective 2 September 2026. The regulatory shift The new resolution repeals...
Pakistan’s Federal Board of Revenue (FBR) has amended the income tax return form for tax year 2026 through SRO 1495(I)/2026 issued on 3 September 2026, introducing four new parts before the statutory filing deadline. The notification amends the Income Tax Rules, 2002 and adds Parts II-ZE, II-ZF, II-ZG and II-ZH to the Second Schedule after...