Saturday, August 08, 2026
The Organisation for Economic Cooperation and Development (OECD) released an updated list of signatories, along with their signing dates, for the Multilateral Competent Authority Agreement (MCAA) on the Exchange of Country-by-Country (CbC) Reports on 29 May 2026. As of 25 June 2026, 116 jurisdictions have signed the MCAA-CbC. Under BEPS Action 13, all large multinational...
Argentina’s Executive Branch has introduced a new exemption from the tax on debit and credit bank accounts for cryptocurrency transactions by amending Decree No. 380/2001 through Decree No. 475/2026, dated 17 June 2026 The decree updates tax regulations on bank debits and credits by expanding exemptions for modern financial services, including registered virtual asset providers...
The Australian Taxation Office (ATO) has updated its company tax rates 2025–26 guidance to include the Global Minimum Tax (GMT), which applies at rates ranging from 0% to 15%. The guidance confirms that GMT applies to in-scope multinational enterprise (MNE) groups, while certain entities are excluded from Australia’s global and domestic minimum tax rules as...
Irish Revenue issued eBrief No. 109/26 on 26 June 2026, providing updated guidance on the filing of the Globe Information Return (Top-up Tax Information Return – TIR) and the Notification of Filer (NoF). The revised guidance also covers penalty relief for TIR central filing in other jurisdictions. Pillar Two filing deadline – 30 June 2026...
Vietnam’s government has issued Decree No. 245/2026/ND-CP on 27 June 2026, introducing another round of tax payment deadline extensions for 2026. The measure grants eligible taxpayers additional time to pay value-added tax (VAT), corporate income tax (CIT), personal income tax (PIT) and land rent, while leaving tax filing obligations unchanged. Eligible taxpayers The Decree applies...
The Turkish Revenue Administration announced the release of Tax Procedure Law Circular No. 203 on 29 June 2026, which extends the filing deadline for Global Minimum Supplementary Corporate Tax Returns for the 2024 fiscal year. As per the Tax Procedure Law Circular No. 203 (VUK-203/2026-9), released on 26 June 2026, the submission and payment deadlines...
Belgium published the Royal Decree of 22 June 2026 in the Official Gazette on 29 June 2026, entering into force on the same day, establishing the procedure for submitting the GloBE Information Return (GIR). It adopts the standard GIR form under Council Directive (EU) 2025/872 (DAC9), which must be filed electronically through MyMinFin. The electronic...
Italy and Paraguay are in negotiations for a bilateral income tax treaty, according to a release from the Italian Paraguayan Chamber of Commerce on 22 June 2026. The discussions come as Paraguay strengthens its position as a strategic investment hub for Italian and European businesses in South America. The country’s competitive advantages include a business-friendly...
Morocco’s Council of Government approved draft law No. 038.26 concerning the ratification of the income tax treaty with Egypt on 25 June 2026. Signed on 6 April 2026, the treaty will enter into force following the exchange of ratification instruments and, once effective, will replace the existing 1989 tax treaty between the two countries. Earlier,...
The Argentine Chamber of Deputies announced that the protocol amending the 1979 income and capital tax treaty with France was approved on 24 June 2026. The amending protocol was signed on 6 December 2019. It will enter into force 30 days after the exchange of ratification instruments and will apply from 1 January of the...