Posts by: RF Report


OECD to host webinar on economic impact assessment of the global minimum tax

The OECD has opened registration for a webinar on 15 July 2026 to present the latest findings from its 2026 Economic Impact Assessment of the Global Minimum Tax, including the Side-by-Side package. The Global Minimum Tax is positioned as a key pillar of international tax co-operation, aimed at curbing base erosion and profit shifting (BEPS)...

Argentina: Chamber of Deputies approves revised ‘Super RIGI’ incentive scheme for major investments

Argentina’s Chamber of Deputies approved a new incentive framework for large-scale investments in emerging industries, known as the Super RIGI, on 24 June 2026. The newly proposed “Super RIGI” scheme was established to offer incentives and regulatory certainty for investment projects focused exclusively on developing new economic activities. The Super RIGI scheme is an expanded...

Portugal: Council of Ministers approves privileged tax regimes list to align with EU

Portugal’s Council of Ministers has approved an amendment to the General Tax Law to replace the country’s existing list of countries, territories and regions with privileged tax regimes with the EU list of non-cooperative jurisdictions, aligning its blacklist with the European Union’s framework. The amendment will reduce the number of jurisdictions subject to Portugal’s anti-abuse...

Kuwait joins OECD agreement on exchange of CbC reports

The OECD has announced that Kuwait signed the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA) on 22 June 2026, further expanding the international framework for the automatic exchange of Country-by-Country (CbC) reports. With Kuwait’s accession, the number of signatories to the agreement has reached 116 countries and jurisdictions, reflecting continued...

UK announces reforms to simplify tax system, strengthen customs enforcement

The UK government has unveiled a broad package of tax and customs reforms aimed at simplifying compliance, expanding digital services and strengthening tax enforcement. Announced in a statement by Exchequer Secretary to the Treasury Dan Tomlinson on 23 June 2026, the measures build on commitments made in the HMRC Transformation Roadmap published in July 2025...

Australia: ATO announces GIC, SIC rates for Q1 2026-27

The Australian Taxation Office (ATO) announced the general interest charge (GIC) rates and shortfall interest charge (SIC) rates for the fourth quarter of the 2026-27 income year on 5 June 2026. For the quarter commencing on 1 July 2026, the GIC annual rate is set at 11.43%, and the SIC annual rate is set at...

Italy delays EUR 2 handling fee on low-value imports

Italy’s Council of Ministers has postponed the EUR 2 administrative handling fee on imports below EUR 150 by a further three months. The decision was approved at the Council of Ministers’ meeting on 22 June 2026. The fee, which applies to low-value imports under EUR 150, had already been delayed once before, with implementation previously...

Belgium updates withholding tax declaration forms following enactment of capital gains tax law

Belgium’s Federal Public Service (SPF) Finance has announced the issuance of new versions of the withholding tax declaration forms yesterday, 25 June 2026. These updated withholding tax return forms include: Declaration 273A-Div: Withholding tax on dividends of Belgian origin Declaration 273S: Withholding tax on investment income from copyright and related rights that is paid or...

Vietnam issues guidance on CbC reporting through automatic exchange of information

Vietnam’s General Department of Taxation has issued guidance on the implementation of Country-by-Country Reporting (CbCR) exchange relationships under the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA), clarifying Vietnam’s exchange relationships with 37 jurisdictions. The guidance, set out in Official Letter No. 3870/CT-CS dated 10 June 2025, clarifies when the Vietnamese...

Dominican Republic temporarily increases CIT rate amongst other reforms

The Dominican Republic has enacted Law 30-26, following its signature by the president on 18 June 2026, introducing a broad package of tax and fiscal measures that amend the Tax Code and related legislation. The reforms include a temporary increase in the corporate income tax rate for large taxpayers, revisions to Income Tax (ISR), Value...