Tuesday, March 17, 2026
Italy plans to align its levy on low-value packages with a EUR 3 EU duty, which will become effective on 1 July 2026, Economy Minister Giancarlo Giorgetti said on 29 January 2026. The move targets inexpensive e-commerce imports, especially from Chinese online retailers. Currently, Italy charges EUR 2 on parcels valued up to EUR 150,...
The Luxembourg Administration of Direct Tax has issued Circular L.G.-A No. 60bis/11 on 27 January 2026, providing the reference exchange rates of the euro for the year 2025. The rates, which include both year-end (31 December 2025) and annual average figures, are to be applied for various tax purposes. The Circular covers 30 foreign currencies,...
The OECD has released a statement on the Sixth OECD Global Forum on VAT, held from 26 to 28 January 2026 in Paris, France. The meeting brought together more than 300 representatives from 104 jurisdictions, international organisations, businesses, and other stakeholders to advance international dialogue on efficient, future-ready VAT systems in the context of digital...
El Salvador’s Legislative Assembly enacted Decree No. 498 on 16 January 2026, which took effect on 24 January 2026, with the aim to stimulate the national economy by offering tax incentives to established companies that increase their local productive capacity. To qualify, businesses must have operated in the country for at least 10 years and...
Bangladesh’s National Board of Revenue (NBR) announced a further extension for the submission of income tax returns by individual taxpayers and Hindu Undivided Family (HUF) taxpayers for the 2025–26 tax year on 29 January 2026. According to the notification, the deadline has been extended until 28 February 2026. As 28 February falls on a Saturday,...
The Swedish Ministry of Finance has released a proposal on 27 January 2026, introducing a withholding tax exemption for dividends paid to foreign governments and foreign entities equivalent to Swedish regions, municipalities, or municipal associations. The exemption will apply to dividends paid by Swedish limited liability companies, European companies registered in Sweden, and Swedish investment...
Taiwan’s Central District National Taxation Bureau of the Ministry of Finance has reminded profit-seeking enterprises to declare profit-seeking enterprise income tax using the correct industry code based on their actual economic activities for the year. The announcement is made today, 30 January 2026. The Bureau explained that the industry classification should reflect an enterprise’s primary...
The US Internal Revenue Service (IRS) issued a notice on 29 January 2026 urging tax professionals to prepare for the upcoming filing season. “Tax professionals can play a key role in furthering the IRS’s mission to ensure taxpayers understand and meet their tax responsibilities,” said IRS Chief Executive Officer Frank J. Bisignano. “The IRS appreciates...
Poland’s Ministry of Digital Affairs announced on 27 January 2026 that it has submitted draft legislation to introduce a Digital Services Tax (DST). First discussed in August 2025, the draft proposes a DST of up to 3% on a broad range of digital services, expanding beyond the initially considered narrow focus on targeted advertising. The...
The Netherlands State Secretary for Finance published Letter No. 2026-0000019577 on the Ministry of Finance’s website on 28 January 2026, urging the upper house of parliament to swiftly approve the bill implementing the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8). The bill introduces new rules for reporting and exchanging tax information...