Saturday, September 19, 2026
Argentina’s Federal Tax Authority (ARCA) has published General Resolution No. 5876 in the Official Gazette on 20 July 2026, which amends General Resolution No. 5851. General Resolution No. 5876 extends the filing deadline for 2025 income tax returns — covering individuals and undivided estates under both the general and Simplified Affidavit regimes — to 27...
The Oman Tax Authority (OTA) has introduced new rules on when certain business expenses can be deducted under the Executive Regulations of the Income Tax Law. The changes were made through Decision No. 180/2026, which inserts a new Article 18 bis into the Executive Regulations of the Income Tax Law for Companies and Institutions. Under...
Taiwan’s Central Area National Taxation Bureau of the Ministry of Finance stated that, under the House and Land Integrated Income Tax 2.0 regime, effective from 1 July 2021, a profit-seeking enterprise that disposes of shares or equity interests in a domestic or foreign profit-seeking enterprise in which it has held more than 50% ownership (directly...
Hong Kong’s Financial Services and the Treasury Bureau (FSTB) and the Inland Revenue Department (IRD) launched a public consultation on 27 July 2026, on proposed enhancements to the tax concession regime for corporate treasury centres (CTCs). In June this year, the Government published the Action Plan to Promote the Development of CTCs in Hong Kong...
The Brazilian Federal Revenue Service (RFB) and the Management Committee for the Tax on Goods and Services (CGIBS) have announced, on 27 July, that a joint act establishing the start dates for the mandatory issuance of electronic tax documents (DF-e) — indicating the Contribution on Goods and Services (CBS) and the Tax on Goods and...
Italy reintroduced a temporary excise duty cut on diesel on 27 July 2026 to ease fuel prices for households and businesses. The reduction brings state spending to EUR 125 million when combined with tax breaks for truck drivers and farming operations. The prior excise cut, which ran from March through 3 July, expired after consuming...
Bulgaria’s National Assembly gave final approval to the State Social Security Budget Bill and the National Health Insurance Fund Budget Bill, followed by the State Budget Bill on 22 July 2026. All three bills were tabled on 1 July, and adopted on 24 July, introducing personal social insurance contributions for civil servants along with higher...
Taiwan’s National Taxation Bureau of the Northern Area (NTBNA) has reiterated, on 28 July 2026, the key exemption criteria under the country’s Controlled Foreign Company (CFC) regime, urging businesses to ensure compliance with the rules when preparing their annual income tax filings. Taiwan introduced its CFC regime from the 2023 fiscal year to prevent profit-seeking...
The Vietnamese Ministry of Finance has issued Circular No. 95/2026/TT-BTC, effective from 1 July 2026, setting out comprehensive guidance on the implementation of Double Taxation Agreements (DTAs), Mutual Agreement Procedures (MAP), and Advance Pricing Arrangements (APA). The Circular replaces Circular No. 205/2013/TT-BTC and Circular No. 45/2021/TT-BTC and establishes updated rules on treaty application, dispute resolution,...
The European Commission has updated its Public Country-by-Country (CbC) Reporting Taxonomy project, originally launched in 2025 to support the preparation of public CbC reports. Following a review initiated in January 2026, the Commission has released updated technical documentation dated 24 July 2026 to assist report preparers, software developers, and IT teams. The taxonomy and the...