Tuesday, March 17, 2026
Poland’s Ministry of Finance announced that it has launched the national e-invoice system (KSeF 2.0) on 1 February 2026. Since launch, more than 50,000 invoices have already been submitted to the system. Poland’s Minister of Finance and Economy said the National e-Invoice System has launched smoothly as planned, marking a key step in standardising digital...
The Ministry of Finance and the State Taxation Administration have officially released Announcement No. 11 on 30 January 2026, providing a definitive roadmap for export tax policies under the nation’s newly implemented Value-Added Tax (VAT) Law. Effective retroactively from 1 January 2026, the announcement harmonises existing export practices with the new legal framework, affecting everything...
Australia’s government has asked the Board of Taxation to independently review the recent changes to Australia’s thin capitalisation rules. These changes were introduced in Schedule 2 of the Treasury Laws Amendment (Making Multinationals Pay Their Fair Share—Integrity and Transparency) Act 2024. In conducting the review, the Board will assess whether the amendments are operating in...
The European Commission issued formal notices to 12 Member States for not fully implementing Directive (EU) 2023/2226 (DAC8) on crypto-asset information exchange, and to 10 Member States for incomplete transposition of Directive (EU) 2025/872 (DAC9) on GloBE information returns in its January 2025 infringements package issued on 30 January 2026. Commission calls on Member States...
The New Zealand Government will present its 2026 Budget on 28 May 2026, outlining its financial intentions for the 2026–2027 fiscal year, Finance Minister Nicola Willis announced on 28 January 2026. “The focus of this year’s Budget will be on supporting the delivery of core public services – in particular, health care, education, defence, and...
The Canadian government released an updated guidance on the global minimum tax on 30 January 2026, outlining preparatory steps for filing. The guidance details filing templates, deadlines, and the required information for the GloBE Information Return (GIR), the Global Minimum Tax Return, and the GIR Notification. GloBE information return (GIR) Entities required to file a...
Latvia has significantly reshaped its transfer pricing compliance framework from 1 January 2026, following amendments to the Law “On Taxes and Fees” adopted at the end of 2025. The changes are designed to modernise reporting requirements, reduce administrative burdens for taxpayers, and enable the State Revenue Service (SRS) to carry out more targeted and efficient...
India’s Minister of Finance, Nirmala Sitharaman, delivered the Union Budget for 2026-27 on 1 February 2026. The proposals aim to relax tax rules for multinational companies, which are expected to bring greater certainty to cross-border transactions. The budget also includes reforms to the safe harbour regime, under which Indian tax authorities accept the arm’s-length pricing...
The US state of California is moving quickly to strengthen vehicle emissions standards and expand electric vehicle (EV) incentives, even as the Trump administration dismantles federal environmental protections. This week, state officials, including Lauren Sanchez, chair of the California Air Resources Board (CARB), are meeting with Detroit automakers in Detroit to discuss the next phase...
The Malta Tax and Customs Administration has issued an explanatory note on 26 January 2026, outlining the Value Added Tax (VAT) obligations for taxi operators using online ride-hailing platforms. The explanatory note clarifies VAT treatment for services provided through digital platforms, including the accounting of VAT on fares, service fees, and commissions charged by platforms....