Tuesday, February 03, 2026
The Irish Department of Finance and Revenue has opened a joint public consultation on the modernisation of Professional Services Withholding Tax (PSWT) and Relevant Contracts Tax (RCT), the expansion of withholding tax to the platform economy, and the introduction of personalised deduction rates for self-employed workers on 5 December 2025. Revenue’s eWHT Consultation Hub provides...
The UAE’s Federal Tax Authority (FTA) issued the Administrative Exceptions VAT Guide on 5 December 2025. The guide explains how registrants can apply for VAT administrative exceptions, which provide concessions allowed under the VAT Law and its Executive Regulation. The guide covers specific exceptions, including rules on the issuance and details of Tax Invoices and...
Chile’s tax authority (SII) issued Circular No. 65 on 3 December 2025, addressing the activation of Most-Favoured-Nation (MFN) clauses in Chile’s tax treaties with Belgium, New Zealand, Norway, Switzerland, and Uruguay. These clauses are triggered by the recent entry into force of Chile’s tax agreements with India, Italy, and Japan, and affect withholding tax rates...
The Cyprus Council of Ministers issued Decree No. 337/2025 on 21 November 2025, which extended the temporary zero VAT rate on certain essential goods through 31 December 2026. The products included under this measure are baby milk, infant diapers, adult diapers, women’s hygiene products, fresh or chilled vegetables, and fresh fruits. Earlier, the Cyprus Tax...
The Swiss Federal Council opened a consultation on amendments to the Value Added Tax Act on 5 December 2025. The changes aim to implement two parliamentary motions: the extension of platform taxation to electronic services (Motion WAK-S 23.3012) and adjustments to the taxation of bundled services (Motion Engler 18.3235). Since 1 January 2025, online platforms,...
Brazil’s Federal Revenue Service (RFB) announced on 10 December 2025 the launch of Confia, its Cooperative and Tax Compliance program, marking a historic moment for the relationship between the tax authorities and taxpayers. Federal government authorities, representatives from the productive sector, and international organisations participated in the event’s opening panel and highlighted the program’s cultural...
The Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-05 on 9 December 2025, announcing new guidance on tax benefits for Health Savings Account participants under the One, Big, Beautiful Bill. These changes expand HSA eligibility, which allows more people to save and to pay for healthcare costs through tax-free HSAs....
The amending protocol to the Andorra–European Union Automatic Exchange of Information Agreement, signed on 13 October 2025, will come into effect on 1 January 2026. The key measures involve updating the Common Reporting Standard (CRS) to align with the EU Council Directive 2023/2226 (DAC8) by 1 January 2026. This includes expanding CRS coverage to encompass...
Uruguay’s Senate has confirmed the effective date for the qualified minimum domestic top-up tax (QMDTT) in the 2025–2029 Budget Bill amendments on 3 December 2025. The Senate-approved amendments establish that the tax will take effect from the law’s enactment date, replacing the previous reference to the parliamentary sanction date. The QMDTT is expected to apply...
Chile’s Chamber of Deputies (the lower house of Congress) approved a bill on 3 December 2025 during session No. 98a/373, as noted in Bulletin No. 17777-05. The legislation, proposed by the Executive Branch, aims to introduce tax incentives to encourage domestic consumption of green hydrogen and related products (H2V). The bill will now move to...