Saturday, August 08, 2026
The Australian Taxation Office (ATO) has updated its guidance on 19 June 2026 regarding requests for mutual agreement procedures (MAPs) to resolve cross-border tax disputes arising from alleged violations of double taxation agreements (DTAs). This process allows the Australian competent authority to negotiate with foreign jurisdictions to eliminate double taxation and clarify the application of...
Malaysia has gazetted the Income Tax (Deduction for Employment of Approved Individual) Rules 2026 on 23 June 2026, providing qualifying employers with an additional deduction equal to 50% of remuneration paid to approved individuals for a period not exceeding 12 months. As previously reported, the Rules define “approved individual” by reference to the Income Tax...
Kyrgyzstan and Portugal are holding negotiations on a proposed income tax treaty, according to the Ministry of Economy and Commerce of the Kyrgyz Republic on 24 June 2026. The treaty is intended to strengthen bilateral trade and economic cooperation, enhance the Kyrgyz Republic’s investment attractiveness, and support the implementation of joint investment projects. The proposed...
France has published Law No. 2026-510 of 15 June 2026 in the Official Gazette, providing for the ratification of the protocol to the 1990 income and capital tax treaty with Sweden. Signed on 22 May 2023, the protocol updates the treaty in line with OECD BEPS standards, includes revisions to the preamble and Article 25...
The amending protocol to the 1995 income tax treaty between Malta and Romania entered into force on 22 May 2026. The protocol was signed on 4 July 2024 and is generally applicable from 1 January 2027. Earlier, Malta issued Legal Notice No. 97 of 2026 in the Official Gazette, setting out the double taxation relief...
The Netherlands government has announced that it has signed a new income tax treaty with Sweden on 24 June 2026. This new tax treaty replaces the 1991 agreement between the two countries to align with both countries’ current tax policy objectives. It also modernises existing provisions and introduces several significant changes to strengthen legal certainty...
The Green Party of New Zealand has released its 2026 tax policy, “A tax system for all of us,” proposing a broad restructuring of the country’s tax framework aimed at reducing wealth inequality, increasing contributions from large corporations and high-net-worth individuals, and lowering income tax for most workers. According to the party, the package would...
Bolivia’s National Tax Administration (SIN) has issued Resolution 102600000021 on 10 June 2026, establishing a new framework for tax consultations in Bolivia, explicitly abrogating the previous regime under Resolution No. 101700000019 from 2017. This new regulation aims to optimise, simplify, and standardise the procedure while strengthening legal certainty for taxpayers. Information and documentation requirements The...
The US Internal Revenue Service (IRS) announced that the National Taxpayer Advocate Erin M. Collins has released her Fiscal Year 2027 Objectives Report to Congress on 24 June 2026, highlighting a largely successful 2026 filing season in which the IRS processed nearly 139 million individual tax returns, issued more than 90 million refunds, and successfully...
Singapore’s Inland Revenue Authority of Singapore (IRAS) has clarified the rules for determining the accounting period in which businesses may claim GST input tax, including the circumstances under which claims can be based on the date of a tax invoice or the date a document is posted into an accounting system. The guidance also explains...