Saturday, September 19, 2026
The Slovak Republic has launched a public consultation on a draft income tax treaty with Rwanda. The tax treaty aims to establish a legal framework to eliminate double taxation on income between the two countries. The draft agreement is heavily aligned with the OECD/G20 Base Erosion and Profit Shifting (BEPS) standards, specifically focusing on treaty...
The South African Revenue Service (SARS), in a media release dated 7 August 2026, urged schools registered under the South African Schools Act that are currently VAT vendors to apply for cancellation of their VAT registration following legislative changes to the VAT treatment of schools effective 1 January 2026. From that date, all supplies made...
Bangladesh and Estonia agreed to strengthen bilateral relations during the 2nd Foreign Office Consultations held in Tallinn on 10 August 2026, according to a post by Bangladesh’s Ministry of Foreign Affairs. Both sides also discussed concluding a double taxation avoidance agreement as part of broader bilateral cooperation. The DTAA, which will prevent companies from facing...
Italy has published Legislative Decree No. 149 of 7 August 2026 in the Official Gazette No. 185 of 11 August 2026. The legislative decree introduces comprehensive reforms to Italy’s tax justice system, strengthening the legal framework governing tax magistrates. It establishes a unified national register to track seniority and professional status while imposing strict standards...
Serbia’s Ministry of Finance published an updated Rulebook on Electronic Invoicing in the Official Gazette No. 71/2026 on 5 August 2026, introducing significant enhancements to the Sistem e-Faktura (SEF) platform’s VAT reporting functions. Sistem e-Faktura (SEF), Serbia’s central electronic invoicing platform operated by the Ministry of Finance’s Central Information Intermediary. The amendments focus on VAT...
Qatar’s tax authority (GTA) has announced on 12 August 2026 the launch of its online meeting booking service through the Dhareeba Platform, as a new step in the Authority’s digital transformation journey to develop communication channels with taxpayers and facilitate their access to services. The service enables taxpayers to submit a request for a meeting...
Romania’s Ministry of Finance announced on 10 August 2026 that it has tightened rules on personal imports of excisable goods from other EU countries, with a joint order (Order 1613/03.08.2026) issued by its Customs Authority and tax administration, which has now been published in the Official Gazette The new framework establishes what actually counts as...
The US Internal Revenue Service (IRS) has updated its frequently asked questions on the deduction for qualified overtime compensation, providing further clarification on eligibility, calculation, reporting and withholding requirements. The updated guidance issued on 6 August 2026, is contained in Fact Sheet FS-2026-13 and supersedes the earlier FAQs in FS-2026-01 issued in January 2026. Deduction...
The US Internal Revenue Service announced, on 6 August 2026, new and expanded features for Business Tax Account (BTA) users, giving eligible businesses and organisations more ways to view digital notices, make payments, and access and manage federal tax account information online. Business Tax Account is an online self-service platform that allows authorised users of...
India’s Ministry of Finance (MoF) has issued three notifications revising Central Excise duty rates on select petroleum products. The Department of Revenue issued Notification Nos. 40/2026-Central Excise, 41/2026-Central Excise and 42/2026-Central Excise, amending earlier notifications dated 26 March 2026. Notification No. 40/2026-Central Excise amends Notification No. 06/2026-Central Excise. It revises the rates against Serial Nos....