Saturday, September 19, 2026
Taiwan’s Ministry of Finance issued an interpretive ruling on 6 August 2026 clarifying that online lending platform businesses (P2P platform operators) must withhold tax on interest income paid to lenders when they manage the transfer of loan funds. The ruling requires P2P platform operators to comply with the withholding, reporting and certificate-issuance requirements under Articles...
Serbia’s National Assembly (parliament) is advancing legislation to ratify its income tax treaty with Angola. The agreement, finalised on 9 June 2026, establishes a formal tax coordination framework between the two nations. The agreement aims to establish a cooperative fiscal framework to prevent double taxation and tax evasion between the two nations. The deal applies...
The Nigerian Investment Promotion Commission has published the Application Guidelines for the Economic Development Tax Incentive (EDTI). The EDTI serves as a comprehensive guide for companies seeking to leverage tax credits for priority investments in Nigeria. Established under the Nigeria Tax Act (NTA), 2025, the EDTI provides eligible businesses with a 5% tax credit on...
France has published Decree No. 2026-692 of 27 July 2026, removing the shorter deadline for taxpayers to file claims concerning withholding taxes. The decree was signed on 27 July 2026 and published on 29 July 2026 in the Journal officiel de la République française. It follows French Council of State Decision No. 500909 of 16...
Ghana’s Parliament has passed and gazetted the Energy Sector Levies (Amendment) Bill 2026, amending the Energy Sector Levies Act, 2025 (Act 1135) on 31 July 2026. The Energy Sector Levies (Amendment) Bill, 2026 aims to update existing laws by increasing specific taxes on fuel oil. The proposal targets the Energy Sector Shortfall and Debt Repayment...
Luxembourg’s parliament is considering a draft law submitted on 30 July 2026 that would introduce mandatory electronic invoicing for domestic Business-to-Business (B2B) transactions from 2028. The draft law (Bill 8815) would amend the Law of 16 May 2019 on electronic invoicing and transpose Article 1 of Council Directive (EU) 2025/516 under the EU’s VAT in...
The Trump Administration has disbursed roughly USD 100 billion in refunds from tariffs the Supreme Court invalidated in February, according to a court filing released 5 August 2025. The figure represents about 60% of the USD 166 billion the government collected before the high court ruled against the tariff regime in late February. The tariffs...
The US Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-48 on 7 August, announcing their intention to propose regulations on the federal Saver’s Match program. The notice outlines anticipated rules for the programme and requests public input to inform future proposed regulations. The notice also represents an initial step in...
Sri Lanka’s Inland Revenue Department (IRD) has reminded taxpayers that the first instalment of income tax for the Year of Assessment 2026/2027 is due by 15 August 2026. The deadline applies to Corporate Income Tax (CIT), Individual Income Tax (IIT) and Partnership Income Tax (PIT). Payment details Tax Type Tax Type Code Payment Period Code...
The UAE’s Ministry of Finance has announced the issuance of Ministerial Decision No. (131), extending the period during which eligible Taxable Persons can claim Small Business Relief to tax periods ending on or before 31 December 2029. The amendment updates certain provisions of the Ministerial Decision on the Taxation of Corporations and Businesses and continues...