Tuesday, March 17, 2026
Irish Revenue has published eBrief No. 013/26 on 16 January 2026, providing updated guidance on the enhanced deduction for qualifying construction expenses introduced under the Finance Act 2025. A new Tax and Duty Manual (TDM) Part 04-06-27 – Enhanced deduction for eligible construction expenditure has also been released. The TDM outlines the corporation tax relief...
Sweden’s Minister of Finance (MoF) has received the final report from the Inquiry Officer evaluating the country’s research and development (R&D) tax incentive system on 19 January 2026 outlining two alternative approaches aimed at stimulating domestic investment and supporting economic growth. It examines the current R&D incentives and proposes a new scheme under Swedish tax...
Korea (Rep.) will seek favourable terms for US tariffs on memory chip imports, a presidential office spokesperson said on Sunday 18 January 2026. The country’s trade deal with the US, outlined in a joint fact sheet released last year, included provisions ensuring Korea (Rep.) will not face less favourable treatment from US tariffs compared with...
Poland is preparing to roll out its National e-Invoicing System (KSeF), a digital platform for issuing, sending, receiving, and storing structured invoices. The Ministry of Finance and the National Revenue Administration (KAS) outlined the system’s phased implementation at a press conference on 16 January. From 1 February 2026, businesses with total sales including tax exceeding...
Brazil has issued Complementary Law No. 224 of 26 December 2025, along with implementing regulations in Decree No. 12.808 of 29 December 2025. Both the law and the decree introduce a broad reduction in tax benefits across key federal taxes, including IRPJ, CSLL, PIS/Pasep, COFINS, IPI, and employer social security contributions. Complementary Law No. 224...
China’s Ministry of Finance and the State Administration of Taxation made two announcements on 15 January 2026 that extend tax exemptions for foreign institutional investors in its bond market. Under Announcement No. 5 of 2026, the corporate income tax and VAT exemption on bond interest income is renewed for 1 January 2026 to 31 December...
Officials from the Czech Republic and Mauritius finalised negotiations by initialling an income tax treaty on 16 January 2026, This agreement aims to prevent double taxation and reduce the risk of tax evasion. It will take effect only after it is formally signed and ratified. Earlier, Officials from the Czech Republic and Mauritius met for...
The Brazilian Federal Revenue Service (RFB) announced on 19 January 2026 that it has made available the Declaration of Option for the Special Regime of Asset Regularisation (Derp), enabling individuals and legal entities to participate in the Special Regime of Asset Update and Regularisation – Regularisation Modality (REARP Regularisation). Established under Law No. 15,265 of...
The Australian Taxation Office (ATO) announced on 14 January 2026 that GST credits and fuel tax credits will expire if not claimed within the four-year time limit. In 2024, the ATO published Miscellaneous Taxation Ruling MT 2024/1 Miscellaneous tax: time limits for claiming an input tax or fuel tax credit. It explains that GST and...
The Hong Kong Inland Revenue Department (HKIRD) launched the first phase of its Pillar 2 Portal on 19 January 2026, enabling taxpayers to electronically file top-up tax notifications through the new system. The Pillar 2 Portal includes user guides and e-demo among other materials. Global minimum tax (GMT) and Hong Kong minimum top-up tax (HKMTT)...