Tuesday, February 03, 2026
The Italian Revenue Agency, through the measure issued on 10 December 2025, has defined the procedures for verifying compliance by entities intending to apply the special cross-border VAT exemption regime. The measure follows the implementation, by Legislative Decree No. 180/2024, of Directive (EU) 2020/285, which introduced significant amendments to the EU VAT system for small...
Hong Kong’s Inland Revenue Department (HKIRD) has launched a public consultation on 9 December 2025 on the implementation of the Crypto-Asset Reporting Framework (CARF) and amendments in relation to the Common Reporting Standard (CRS) promulgated by the Organisation for Economic Co-operation and Development (OECD) in Hong Kong. Hong Kong has long been supportive of international...
Qatar’s General Tax Authority (GTA) announced the launch of the “Tabadol” portal for submitting Country-by-Country Reports (CbCR) for the 2024 fiscal year, along with notifications for 2025, on 10 December 2025. The submission deadline is set for 31 December 2025. The “Tabadol” portal is an electronic platform dedicated to exchange tax information with relevant authorities...
France has introduced new measures to reinforce the administration’s ability to detect and penalise abusive transfer pricing practices, following the publication of updates linked to Article 116 of Finance Act No. 2023-1322 of 29 December 2023 for 2024. This announcement was made on 10 December 2025. The reforms apply to multinational enterprises and focus on...
Norway’s parliament passed the proposed 2026 Budget bill on 5 December 2025. This follows Norway’s government’s presentation of its 2026 state and national budget proposals on 15 October 2025. The bill boosts welfare, defence, and climate measures, lowers certain taxes to support households, closes loopholes and scales back EV incentives, and sets a fiscal strategy...
New Hampshire’s Department of Revenue (DRA) announced that its one-time tax amnesty program, enacted under H.B. 2 in June, began on 1 December 2025 and will continue until 15 February 2026. Amnesty is available to any taxpayer who has a delinquent tax return or has not paid a tax that was due on or before...
Brazil’s Federal Revenue Service (RFB) has released Normative Instruction No. 2291 of 14 November 2025, which updates the country’s crypto-asset reporting rules to align with the OECD Crypto-Asset Reporting Framework (CARF). The Federal Revenue Service (RFB) announced this development on 17 November 2025. The FRB is updating its reporting procedures for cryptocurrency transactions, which have...
Japan’s Ministry of Foreign Affairs announced, on 6 December 2025, that Japan and Paraguay signed the “Agreement for the Promotion and Protection of Investment” on 5 December 2025. The agreement is designed to strengthen investment relations between the two countries by providing protection and clear rules for investors. It covers measures such as national treatment...
Qatar’s General Tax Authority (GTA) announced, on 7 December 2025, that Qatar and Uruguay signed an income tax treaty. The agreement was signed by HE Ali bin Ahmed Al Kuwari, Minister of Finance of the State of Qatar, and HE Mario Lopetegui, Minister of Foreign Affairs of the Republic of Uruguay. The treaty aims to...
The income tax treaty between Jordan, Switzerland entered into force on 4 December 2025. Signed on 13 December 2023, the agreement aims to prevent double taxation on income and curb tax evasion between Jordan and Switzerland. It applies to Jordanian income tax and Swiss federal, cantonal, and communal taxes, covering all forms of income, including...