Sunday, June 07, 2026
The Brazilian Federal Revenue Service has published its updated individual tax guidance document, “Questions and Answers IRPF 2026,” to help citizens complete their annual income tax returns accurately on 22 April 2026. The publication addresses the 2026 fiscal year covering calendar year 2025 and features 745 frequently asked questions with detailed answers. The tax authority...
The Norwegian parliament (Storting) approved a new income tax treaty with China on 21 April 2026. The agreement aims to prevent double taxation on income and curb tax evasion between Norway and China. Signed on 12 May 2023, it will replace the existing 1986 treaty once it enters into force. It will take effect following...
The Philippine Securities and Exchange Commission (SEC) extended the filing deadlines for 2025 annual financial statements (AFS) and related corporate reports on 14 April 2026. This extension aligns with a simultaneous announcement by the Bureau of Internal Revenue (BIR) through Revenue Memorandum Circular 030-2026, which also extended the deadline for filing 2025 annual income tax...
Algeria’s tax authority, the General Directorate of Taxes (DGI) has granted taxpayers additional time to file their annual income tax returns for the 2025 fiscal year, according to an announcement on 16 April 2026. The filing deadline for annual corporate income tax (CIT) returns has been pushed back by two months, from 30 April to...
Qatar’s General Tax Authority announced, on 22 April 2026, an extension of the deadline for submitting the tax return for the 2025 tax year. The new deadline is set for 30 June 2026. The initiative aims to support taxpayers and enhance tax compliance by providing additional time to fulfil their obligations. The Authority calls on...
The Australian Tax Office (ATO) has published updates to Practical Compliance Guideline PCG 2019/1 on transfer pricing issues related to inbound distribution arrangements to ensure profit markers remain relevant and aligned to more recent market performance for assessing transfer pricing risk on 22 April 2026. Multinationals undertaking inbound distribution should review this guidance. The ATO...
Bahrain Shura Council approved legislation to ratify the income tax treaty with Jersey on 19 April 2026. Signed on 16 September 2025, the agreement covers the taxation of corporate income in Bahrain and income in Jersey, establishing how each jurisdiction applies its tax rules. The treaty will enter into force after the exchange of ratification...
The Austrian Ministry of Finance has published a draft bill on 17 April 2026 for consultation introducing incentives aimed at increasing the labour force participation of individuals continuing employment or self-employment after reaching the standard retirement age. The draft proposes a taxable income reduction through an activity tax allowance of EUR 1,250 per month (EUR...
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...