Thursday, October 29, 2026
Bangladesh and Malaysia will hold the first round of free trade agreement negotiations in Dhaka on 27 October, the Ministry of Commerce said on 26 October 2026. Kamal Hossain, public relations officer of the commerce ministry, said a 30-member Malaysian delegation has already reached the capital. The talks will be held at a city hotel....
Bahrain’s National Bureau for Revenue (NBR) has published Version 1.2 of the Kingdom of Bahrain Excise Guide on 6 October 2026, outlining how excise tax operates in the country, from registration of goods to refunds and anti-evasion controls. Legal framework and purpose Bahrain introduced excise duty on 30 December 2017 to encourage healthier lifestyle choices...
At the fifth meeting of its 33rd session, the United Nations (UN) Committee of Experts on International Cooperation in Tax Matters supported the consistent inclusion of the Subject-to-Tax Rule (STTR), where appropriate, throughout the Commentary to the 2025 UN Model Tax Convention (E/C.18/2026/CRP.12). The report outlines a six-part work plan to update the UN Model...
France published Law No. 2026-963 of 19 October 2026 in Issue No. 245 of the Journal officiel de la République française on 20 October 2026, authorising approval of the Multilateral Competent Authority Agreement on the Exchange of GloBE Information under the Pillar Two global minimum tax framework. The agreement was signed in Paris on 9...
Saudi Arabia’s General Secretariat of the Zakat, Tax and Customs Committees has begun accepting claims for VAT refunds on real estate supplies made by individuals, it announced on 13 October 2026. The claims cover supplies made from 14/04/1439 AH, corresponding to 1 January 2018, until the Real Estate Transaction Tax provisions entered into force on...
Ukraine’s parliament approved a package of tax and customs amendments on 15 October 2026 to bring cross-border e-commerce rules closer to European Union standards. The measures also reflect requirements of the International Monetary Fund. The package comprises Law No. 5025-IX and Law No. 5026-IX, which amend the Tax Code and the Customs Code. They were...
US President Donald Trump signed an order on 23 October 2026 that removes 50% tariffs on some Canadian agricultural and forestry products. The change could help businesses in Maine, a state that borders Canada. Relief covers building and farm goods The order exempts plywood sheets, some paper products, certain machinery, refrigeration equipment, packing crates and...
Taiwan’s Central Area National Taxation Bureau of the Ministry of Finance has said that profit-seeking enterprises whose primary business is investing in marketable securities must classify income from the sale of securities and investment income from securities investments as operating revenue. This applies when they file the annual profit-seeking enterprise income tax return and calculate...
Italy may raise taxes on energy companies to fund tax cuts and higher spending, sources close to the matter told Reuters on 23 October 2026. The plan would shape the government’s budget for 2027 to 2029, due next week. The IRAP tax has already gone up In February, Italy raised the IRAP (Imposta Regionale sulle...
Taiwan’s Taxation Administration announced on 22 October 2026 that taxpayers must pay the 2026 land value tax between 1 November and 30 November. Local tax collection authorities will send payment notices to taxpayers by post. Multiple payment methods available The Ministry of Finance provides several payment options, including convenience stores, financial institutions, ATM transfers, demand...