Tuesday, February 03, 2026
Finland has gazetted Law 1044/2025 of 28 November 2025 on 1 December 2025 to implement EU Directive 2023/2226 (DAC8) of 17 October 2023, introducing new reporting and due diligence requirements for crypto-asset service providers. Approved by the European Council in October 2023, DAC8 is primarily based on the OECD’s Crypto-Asset Reporting Framework (CARF) and the...
Bulgaria’s government announced the withdrawal of its proposed 2026 State Budget, along with the draft Social Security and National Health Insurance budgets, after widespread protests against planned tax and social contribution increases on 2 December 2026. The decision has been forwarded to the National Assembly, and a new budget process will begin once the parliament...
Malawi’s Ministry of Finance, Economic Planning, and Decentralisation (MoFEPD) presented the 2025-26 Mid-Year Budget Review Statement to the National Assembly on 21 November 2025. The 2025-26 Mid-Year Budget Review Statement proposes various direct and indirect tax measures. The main tax measures include increasing the Value Added Tax (VAT) rate and introducing new levies on bank...
The UAE Ministry of Finance has announced that its income and capital tax treaty with Sierra Leone entered into force on 24 January 2023. Signed on 22 December 2019, the treaty states that a permanent establishment is considered to exist when an enterprise provides services in the other Contracting State through employees or other engaged...
Luxembourg announced on 28 November 2025 that the income and capital tax treaty with Albania, along with its amending protocol on 27 November 2025, officially entered into force on 25 June 2025. The original treaty, signed on 14 January 2009, marked the first tax agreement between the two countries. It aims to prevent double taxation...
The Australian Taxation Office (ATO) has released Practical Compliance Guideline (PCG) 2025/4, Global and domestic minimum tax lodgment obligations – transitional approach, on transitional approaches for global and domestic minimum tax lodgment obligations. Australia’s minimum tax rules generally apply to fiscal years beginning on or after 1 January 2024, and the final PCG aligns with...
Brazil published Law No. 15.270 in the Official Gazette, enacting several tax measures for companies, including a corporate minimum tax and withholding tax on dividends, on 27 November 2025. This follows after Brazil’s Senate passed Bill 1087/25 on 5 November 2025, which included these tax measures. The key tax measures of Bill 1087/25 are as...
The Australian Taxation Office (ATO) has announced a lodgment deferral for country-by-country (CbC) reporting entities, extending the deadline for filing CbC statements to 30 January 2026. Under the deferral, in-scope entities must lodge all required CbC reporting components — the Local file, Master file and CbC report — by the extended deadline. The extension, published...
Latvia published the Law on Amendments to the Law on Taxes and Duties in the Official Gazette on 21 November 2025, introducing measures to implement Council Directive (EU) 2023/2226 of 17 October 2023 (DAC8), including new reporting and due diligence requirements for crypto-asset service providers. DAC8 provides for the automatic exchange of information on crypto-assets...
The Netherlands and Thailand signed a new income tax treaty on 21 November 2025 during the 4th EU Indo-Pacific Ministerial Forum (IPMF) in Brussels. The new agreement aims to align with the latest international standards and implement recommendations from the OECD/G20 Base Erosion and Profit Shifting (BEPS) framework. The treaty covers a range of taxes,...