Thursday, October 29, 2026
France’s Directorate General of Public Finance began the nationwide rollout of business-to-business electronic invoicing on 1 September 2026. Large and medium-sized enterprises must now issue invoices electronically, while all businesses, regardless of size, must be able to receive them. More than four million businesses have already registered a receiving address, and two-thirds (66%) of the...
Turkey has expanded the scope of tax, duty, and fee exemptions applicable to foreign exchange-earning activities by extending eligible Central Bank of the Republic of Turkey rediscount credits to other banks. Presidential Decision No. 11723, signed on 4 September 2026 and published in the Resmî Gazette on 5 September 2026, amends Article 4, Paragraph 1...
Taiwan’s Customs Administration, Ministry of Finance, stated on 8 September 2026 that more than TWD 676 million in anti-dumping duties had been collected by the end of June 2026, as anti-dumping measures continue to apply to 12 products. The authority said anti-dumping action is taken under the World Trade Organisation (WTO) Anti-Dumping Agreement and the...
Turkey’s Revenue Administration has announced that Presidential Decision No. 11734, published in the Official Gazette No. 33361 on 5 September 2026, raises the withholding tax rate on certain money market fund earnings from 0% to 10% for corporate investors. The 10% rate applies to gains from money market funds and free funds whose titles contain...
Thailand signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 4 August 2026, according to an OECD update. The GIR MCAA is intended to reduce compliance burdens for multinational enterprise (MNE) groups by enabling the centralised filing of GloBE Information Returns. A key part of the OECD/G20 BEPS Project...
Argentina’s government has published Decree 829/2026 in the Official Gazette on 31 August 2026 to manage national fuel taxes. The legislation specifically targets the carbon tax and levies on liquid fuels such as unleaded gasoline and diesel. Decree 829/2026 modifies Decree 617/2025 and shifts the end of the previous deferral window from 31 August to...
The US Internal Revenue Service (IRS) announced tax relief on 2 September 2026 following FEMA’s disaster declaration for Indiana counties affected by severe storms, straight-line winds, tornadoes, and flooding that struck on 11 August 2026. Affected taxpayers and businesses now have until 1 February 2027 to file federal returns and settle tax obligations that were...
Serbia’s Ministry of Finance has adopted amendments to the Rulebook on Value Added Tax (VAT), published in Official Gazette No. 71/2026. The amendments will apply from the tax period beginning in January 2027, covering the January–March 2027 quarter. The Rulebook on Value Added Tax in Serbia provides a comprehensive legal framework for the practical application...
The US Internal Revenue Service (IRS) has issued a release on 4 September 2026 urging tax professionals and taxpayers to strengthen safeguards against tax-related identity theft. The release clarified that tax professionals and taxpayers should strengthen defences against tax-related identity theft, according to joint guidance from the Internal Revenue Service and the Security Summit. The...
Indonesia’s Directorate General of Taxes (DGT) rolled out three coordinated regulatory changes in July 2026 to modernise compliance oversight, expand data access, and capture revenue from digital transactions. The reforms mark a departure from traditional audit methods toward automated, data-driven enforcement. Compliance supervision restructured On 15 July 2026, the DGT issued Circular Letter No. SE-8/PJ/2026,...