Monday, April 27, 2026
Irish Revenue has published Revenue eBrief No. 082/26 on 20 April 2026, addressing foreign entity classification for Irish tax purposes. Tax and Duty Manual (TDM) 35C-00-02: Foreign Entity Classification for Irish Tax Purposes has been updated to: remove material now covered in TDM 43-00-03 (Taxation of Partnerships), include additional guidance on the application of case...
New Zealand’s Inland Revenue has issued Interpretation Statement IS 26/10 on the income tax implications of providing sponsorship on 20 Apr 2026, replacing and updating IS3229 Deductibility of sponsorship expenditure. The statement explains how sponsorship provided by businesses to organisations, events, individuals, or causes is treated for income tax purposes and sets out when sponsorship...
The UAE Ministry of Finance (MoF) announced the launch of the eInvoicing 4-Corner model, marking a significant milestone in the UAE’s digital transformation journey and enabling businesses to exchange electronic invoices seamlessly across accredited channels. The development enables businesses nationwide to exchange electronic invoices through accredited channels, representing a significant step towards a fully integrated,...
The Dominican Republic’s Directorate General of Internal Revenue (DGII) has issued Resolution No. DDG-AR1-2026-00003 on 15 April 2026, establishing multipliers and adjustments for the fiscal year ending 31 March 2026. The resolution, issued by the General Directorate of Internal Taxes in exercise of its legal powers, sets out the inflation adjustment factor, foreign exchange rates,...
Saudi Zakat, Tax and Customs Authority (ZATCA) urged business sector establishments subject to VAT, with goods and service revenues exceeding SAR 40 million, to file their tax returns for the March 2026, while urging businesses whose annual supplies do not exceed SAR 40 million to submit their returns for the first quarter of 2026. The...
Kuwait published Decree-Law No. 57 of 2026 in Official Gazette Kuwait Al-Youm, Issue No. 1787, on 19 April 2026, finalising its domestic legal framework for the OECD Common Reporting Standard (CRS) and the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA), which Kuwait signed in 2016. The decree confirms Kuwait’s...
Brazil’s Federal Revenue Service has initiated a public consultation on significant amendments to Normative Instruction RFB No. 2.228, issued on 3 October 2024. The proposed changes aim to align the country’s qualified domestic minimum top-up tax (QDMTT) with the latest OECD guidance on Pillar Two, specifically incorporating the Substance-based Tax Incentive (SBTI) Safe Harbour from...
The Australian Taxation Office (ATO) on 16 April updated Practice Statement PS LA 2011/15, which outlines tax filing obligations, due dates, and deferral provisions. The revision expands the list of exceptional or unforeseen circumstances under which a filing deferral may be granted, now explicitly including situations of vulnerability such as domestic violence, financial coercion, and...
Italy’s Revenue Agency has announced that it has enacted Law no. 50 of 20 April 2026, converting Decree Law no. 19/2026, which introduces significant tax simplifications as part of the National Recovery and Resilience Plan (NRRP) implementation. POS receipt storage requirement eliminated The new legislation abolishes the decade-long requirement to retain paper receipts from POS...
Taiwan’s Ministry of Finance has released a notice, on 21 April 2026, setting out the income tax return filing period for the 2025 tax year. The Ministry of Finance states that the filing period will begin on 1 May 2026. As that day is a national holiday, tax offices will be closed to the public...