Tuesday, March 17, 2026
The French tax authorities have confirmed, on 21 January 2026, the automatic renewal of the special regime for calculating advance corporate income tax payments for companies whose profits consist entirely or partly of investment income. Under this regime, eligible companies may be authorised to calculate the amount of their advance payments based on the net...
The Australian Taxation Office (ATO) has updated its guidance on the global and domestic minimum tax on 23 January 2026, adding a new section to reflect the side-by-side package announced earlier in January 2026. The OECD has announced an agreement of the Inclusive Framework (IF) on a side-by-side package. The package includes several components, including...
The South African Revenue Service (SARS) has released updated guidance on turnover tax for micro businesses, aimed at helping small enterprises navigate the simplified tax regime. The new resources include the Tax Guide for Micro Businesses (Issue 3) and Frequently Asked Questions: Turnover Tax. The turnover tax system provides a simplified alternative to normal income...
Japan and the UAE concluded the seventh round of negotiations for their Economic Partnership Agreement (EPA) in Tokyo, held from 19 to 22 January 2026. The meeting was attended, from the Japanese side, by TAKAHASHI Katsuhiko, Ambassador for International Economic Affairs and Chief Negotiator along with representatives from relevant ministries. From the UAE side, HE...
Mexico has gazetted the values of the Unit of Measurement and Update (UMA) for 2026 on 9 January 2026. The UMA is a key reference used in Mexico to calculate various administrative and fiscal obligations, including fines, fees, and social security contributions. The UMA values are updated annually using a prescribed inflation-based method. Following the...
Estonia’s parliament approved the Act to ratify the income and capital tax treaty with Andorra on 21 January 2026. Andorra and Estonia signed an income and capital tax treaty on 23 September 2025. This treaty aims to prevent double taxation on income and capital between the two countries while addressing tax avoidance and evasion issues....
Bolivia’s Ministry of Economy and Public Finance submitted a draft law on 31 December 2025 to repeal the 70% cap on VAT tax credits for fuel purchases, aiming to restore full (100%) credit recognition for gasoline and diesel. The move follows the earlier emergency measure under Supreme Decree No. 5503, introduced to stabilise the economy...
Slovenia has signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 22 December 2025, the OECD confirmed. The GIR MCAA is designed to facilitate the automatic exchange of GloBE information between tax administrations. By participating, jurisdictions help reduce the compliance burden for multinational enterprise (MNE) groups, allowing them to...
The Inland Revenue Authority of Singapore (IRAS) has issued Advance Ruling Summary No. 1/2026 on 2 January 2026, clarifying how foreign-sourced dividends received by a Singapore branch of an overseas company are treated for tax purposes. The ruling addressed whether repatriating branch profits to the head office using foreign-sourced dividends would make those dividends permanently...
Kenya’s revenue authority (KRA) released a public notice on 22 January 2026 regarding updates to the market interest rate for fringe benefit tax and the deemed interest rate on specific non-resident loans. The rates remain unchanged from the rates previously announced on 10 July 2025. Fringe benefit tax Effective for January, February and March 2026,...