Saturday, September 19, 2026
Malaysia’s Inland Revenue Board (IRBM) has published the Malaysia Transfer Pricing Guidelines for Intra-Group Loans (MFTIL), providing a comprehensive framework for determining whether financing transactions between associated persons comply with the arm’s length principle. The guidelines No. 3/2026, published on 30 July 2026, outline how taxpayers should assess, price and document intra-group loan arrangements. Arm’s...
The UK’s His Majesty’s Revenue and Customs (HMRC) has updated its Pillar Two guidance to confirm the adoption of the OECD’s transitional approach for the central filing and exchange of the GloBE Information Return (GIR). Under the updated framework, eligible multinational groups that centrally file their GIR in a participating jurisdiction and submit a timely...
The US Internal Revenue Service (IRS) has issued Revenue Procedure 2026-28, exempting certain foreign FIFA member associations that participated in the FIFA World Cup 2026 from filing US Federal Form 990 (Return of Organisation Exempt From Income Tax) for tax years in which they have no US-source or effectively connected income other than income earned...
Qatar’s General Tax Authority has announced the launch of the Global and Domestic Minimum Tax (Pillar Two) Registration Service through the Dhareeba platform on 2 August 2026. The GTA invites multinational enterprise (MNE) groups that fall within the scope of the Global and Domestic Minimum Tax rules to complete their initial registration within three months...
Taiwan’s National Taxation Bureau of the Northern Area (NTBNA) has reminded businesses that electronic invoice allowance notes must be transmitted to the Ministry of Finance (MOF) E-Invoice Platform within the statutory deadlines, following the end of a six-month guidance period on 30 June 2025. The bureau said that, from 1 January 2025, when goods or...
Mexico’s Tax Administration Service (SAT) has urged individuals and businesses with outstanding tax liabilities to take advantage of the 2026 Fiscal Regularisation Programme, reporting that the initiative has recovered almost MXN 6 billion for the public treasury while granting more than MXN 5.7 billion in tax relief. The programme, which came into effect on 1...
France has postponed the transfer of Value Added Tax (VAT) provisions from the General Tax Code (CGI) to the Code des impositions sur les biens et services (CIBS) until 1 January 2027 under Ordinance No. 2026-671 of 27 July 2026, published in the Official Journal on 28 July. The ordinance amends Ordinance No. 2025-1247 of...
The Dominican Republic’s Directorate General of Internal Revenue (DGII) published Form IR-17-2026 on 24 July 2026, introducing an updated version of the form for use from July 2026. The revision reflects amendments introduced under the recently enacted Law 30-26. The IR-17 Form is used by taxpayers designated as withholding agents to report the detailed amounts...
The UAE Federal Tax Authority has published the Basic Tax Information Bulletin – Small Business on 30 July 2026, providing guidance in a question-and-answer format covering key tax matters relevant to small businesses. Who should read this information bulletin? Anyone who is responsible for the tax affairs of a small business operation (referred to as...
Australia’s Department of Industry, Science and Resources opened a public consultation on 14 July 2026 on the proposed application and reporting arrangements for the Critical Minerals Production Tax Incentive (CMPTI), inviting stakeholder feedback on draft registration and reporting form questions, annual reporting and registration transfer timeframes, and customer guidance. The consultation is intended to ensure...