Saturday, September 19, 2026
The Italian Revenue Agency has issued a measure setting out the practical rules for claiming tax relief on bonuses and variable remuneration paid in the form of bonuses and stock options in the financial sector. The measure, signed by the Director of the Italian Revenue Agency on 30 July 2026, provides guidance for employers seeking...
Austria published the Budget Accompanying Act 2027–2028 in the Official Gazette on 29 July 2026, introducing a broad package of tax, financial and policy measures under the country’s dual budget for 2027 and 2028. The legislation includes a new parcel tax, changes to corporate and alcohol tax, updates to income tax relief and the stability...
The Department of Finance Canada has launched a consultation on draft amendments to the Global Minimum Tax Act that would update the definition of a “deduction/non-inclusion arrangement” under subsection 47(1). The Department of Finance Canada has published draft legislative proposals to amend the definition of a “deduction/non-inclusion arrangement” under subsection 47(1) of the Global Minimum...
Portugal approved Modelo 64 tax return form, the official return for the assessment and payment of domestic top-up tax under the Global Minimum Tax Regime (RIMG), following the launch of the Modelo 62 – Registration Declaration form (RIMG) filing service for the 2025 fiscal year. Together, the two forms establish separate procedures for registration and...
Saudi Arabia signed the Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA) on 9 April 2026, according to an OECD update on 29 July 2026. The update confirms Saudi Arabia’s inclusion in the list of jurisdictions that have adopted the revised legal framework supporting the amended Common...
Bolivia’s National Tax Service (SIN) has extended the deadline for filing Corporate Income Tax (IUE) returns and making tax payments for taxpayers whose fiscal year ended on 31 March 2026, following the economic disruption caused by recent nationwide road blockades. The deadline has been extended until Monday, 31 August 2026. The Resolution also extends the...
Taiwan’s National Taxation Bureau of Taipei, Ministry of Finance, on 29 July 2026 issued guidance reminding profit-seeking enterprises that only realised foreign exchange gains and losses may be recognised for profit-seeking enterprise income tax purposes. The guidance states that book differences arising solely from exchange rate adjustments do not constitute actual gains or losses and...
Bosnia and Herzegovina’s government has adopted amendments to the Regulation on Employer Assistance Payments to Workers in 2026, extending its application until the end of 2026. The amendments were adopted on 28 July 2026 at the proposal of the Ministry of Finance. Under the amended Regulation, employers may continue to pay monthly assistance of up...
Bahrain’s National Bureau for Revenue (NBR) has published an updated excise registration manual on 28 July 2026, setting out revised guidance for excise payers on using the online excise portal and the procedures for submitting key excise-related applications. The updated manual outlines the processes for excise registration and deregistration, managing products on the excise goods...
Italy’s Ministry of Infrastructure and Transport has published a decree of 23 May 2026 in the Official Gazette on 21 July 2026, setting out the implementing rules for a temporary tax credit to support the road haulage sector in response to the extraordinary increase in diesel fuel prices. The measure implements the support mechanism established...