Saturday, September 19, 2026
The Brazilian Federal Revenue Service (RFB) has published the Executive Declaratory Act Sutri No. 4/2026, dated 21 July 2026, formally binding both the tax authority and Petrobras to Consensual Agreement No. 3/2026 on 24 July 2026. The agreement confirms that, under the Repetro-Sped regime, the same legal entity may simultaneously act as both a consortium...
Lithuania has invited Thailand to resume negotiations on a Lithuania, Thailand double taxation avoidance agreement, with plans to update a draft prepared in 2008 in line with current international tax standards. The proposal was made by Lithuanian Foreign Minister Kęstutis Budrys during a 27 July meeting with Thai Prime Minister Anutin Charnvirakul. The minister said...
The Central Bank of Russia (CBR) has reduced the key interest rate from 14.5% to 14.0% on 24 July 2026. The CBR’s key interest rate is applied in calculating interest deductions and the interest on late payment of overdue taxes. This announcement was made on 24 July 2026.
The National Bank of Kazakhstan (NBK) has reduced its base rate to 16.75%, with a corridor of 15.75%–17.75%, following its monetary policy decision on 27 July 2026. The move marks the central bank’s second interest rate cut this year after lowering the rate to 17.00% in June. The latest reduction follows three consecutive decisions to...
Taiwan’s Ministry of Finance has issued a notice on 20 July 2026 reminding foreign taxpayers of their obligation to file a separate income tax return for qualifying house and land transactions, rather than including such income in gross consolidated income under the Income Tax Act. The Beigang Office of the National Taxation Bureau of the...
Argentina’s tax authority (ARCA) announced it has issued General Resolution 5882/2026, which establishes procedures for settling criminal tax liabilities. The resolution was published and entered into force on 28 July 2026. This resolution outlines the procedural requirements for taxpayers seeking to terminate criminal proceedings related to tax evasion in Argentina. Under the Tax Penal Regime,...
Thailand’s Cabinet has approved extending the reduced value-added tax rate of 7% for another year from 1 October 2026 to 30 September 2027 in a press release issued on 27 July 2026. The current reduced rate was set to expire on 30 September 2026. The Revenue Department cited persistent economic headwinds—particularly Middle East instability driving...
Ireland’s Department of Finance has announced on 28 July 2026 that the European Commission has approved the expansion of the Digital Games Tax Credit. As announced in Budget 2026, the 32% tax credit has been extended until 31 December 2031 and expanded to cover eligible post-release content development, subject to specified conditions. The approval marks...
Egypt’s Ministry of Finance, the Egyptian Tax Authority (ETA) and the Financial Regulatory Authority (FRA) have approved a package of tax incentives for securities activities as part of the second tax facilitation package, according to the head of the Egyptian Tax Authority, Rasha Abdel Aal. In a press release issued on Sunday, 26 July 2026,...
Eswatini has introduced new measures to support electronic tax administration under the Value Added Tax Act, 2011, establishing a legal framework for electronic fiscal documents and prescribing rules for the electronic submission of fiscal data. The Value Added Tax Act (Amendment of Third Schedule) Notice, 2026, issued through Legal Notice No. 111 of 2026, authorises...