Tuesday, April 07, 2026
The Cyprus Tax Department announced on 26 March 2026 an extension for submitting corporate tax returns for the 2023 fiscal year, providing additional time for taxpayers with audited accounts. According to Administrative Directive K.D.P.358/2025, the official deadline for filing the Income Tax Return for Companies (T.F.4) is 31 March 2026. This applies to entities required...
Canada’s Bill C-15, or the Budget 2025 Implementation Act, No. 1, which received Royal Assent on 26 March 2026, introduces a major overhaul of Canada’s transfer pricing regime, repeals the Digital Services Tax, and enacts a wide array of business tax incentives. These measures are designed to strengthen the economy, support investment, and enhance the...
Sweden has published amendments to its Top-up Tax Act (2023:875) in the Official Gazette (SFS 2026:305) on 31 March 2026, allowing a single resident group entity to assume responsibility for a group’s supplementary top-up tax. Key details of the changes: Centralised tax responsibility If all Swedish group entities in a corporate group apply for it,...
Chile has enacted Law No. 21,811-2026, published on 26 March 2026, introducing transitional tax measures to curb increases in domestic kerosene retail prices. Law 21,811 outlines a series of temporary government actions designed to stabilise fuel costs and provide financial relief during an international energy crisis. The legislation suspends the ordinary price-band mechanism of Law...
Belgium has published the legislation implementing the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8) in the Official Gazette No. 2026002394 on 1 April 2026. DAC8 provides for the automatic exchange of information on crypto-assets between EU countries. It is the eighth amendment of the Directive on Administrative Cooperation in Direct Taxation....
Japan’s National Diet approved the 2026 tax reform legislation on 31 March 2026, which has been published in the Official Gazette. The measures reflect proposals released in December 2025 and January 2026, covering income, corporate, international, consumption, and vehicle taxes. International tax Provisions align with the global minimum tax and strengthen the controlled foreign company...
Canada’s federal government announced on 1 April 2026 an additional two-year extension of the 2% cap on the annual alcohol excise duty inflation adjustment, and of the 50% reduction on excise duty rates for the first 15,000 hectolitres of beer brewed in Canada, effective 1 April 2026. In Budget 2023, the government announced a temporary...
France has taken a further step to strengthen its innovation ecosystem with the extension of its Collaborative Research Tax Credit (CICo), as announced by the tax authority on 1 April 2026. Through Article 37 of Law No. 2026-103, part of the Finance Law for 2026, the government has reinforced incentives for businesses to engage in...
The Italian Revenue Agency announced on 1 April 2026 that non-profit organisations will now have additional time to submit electronic returns for ICI tax recovery covering 2006-2011. The original 31 March 2026 deadline has been pushed to 30 September 2026, according to a Prime Ministerial Decree of 26 March 2026, which was published in the...
Greece’s Independent Authority for Public Revenue (AADE) has issued circular E.2014/2026 on 24 March 2026, providing guidance on submitting change-of-status declarations for farmers moving from the special VAT regime to the standard VAT regime for the 2026 tax year. Farmers qualify for the special VAT regime if their agricultural product sales in the previous year...