Saturday, June 27, 2026
Serbia’s Ministry of Finance has introduced new interest rates for related party loans in 2026, with the rulebook set to take effect on 2 May 2026 following its publication in the Official Gazette on 24 April 2026. The regulations establish arm’s length interest rates that apply to all related party loans during 2026, regardless of...
El Salvador has eliminated a 3% withholding tax on returns earned by foreign investors in its stock market, marking a significant policy shift to attract international capital and boost economic growth. Legislative Decree No. 544, approved on 9 April 2026 and effective from 21 April 2026, removes the tax on income and yields from securities...
Irish Revenue has published eBrief No. 086/26 on 28 April 2026, which provides updated guidance on the VAT treatment of guest and holiday accommodation and the VAT treatment of restaurant and catering services. Both categories will be subject to the second reduced rate of VAT (9%) with effect from 1 July 2026. VAT treatment of...
The US and Croatia have signed an amending protocol to their income tax treaty, bringing the agreement closer to ratification. The protocol was signed on 28 April 2026 during the Three Seas Initiative Summit in Dubrovnik by US Ambassador to Croatia Nicole McGraw and Croatian Finance Minister Ćorić. The original treaty, signed on 7 December...
The Chilean government has introduced a comprehensive tax reform draft bill before Congress aimed at reviving economic growth, attracting investment, and creating formal employment opportunities across the country. The draft legislation, presented to the Chamber of Deputies on 22 April 2026 as Bulletin No. 18216-03, proposes significant changes to the country’s tax framework with measures...
Greece’s Independent Authority for Public Revenue (AADE) has announced the launch of a new digital application designed to provide taxpayers with immediate information on certified debts against legal persons or entities for which they bear joint and several liability, in accordance with Article 49 of the Tax Procedure Code (Law 5104/2024, A’ 58). According to...
The Australian Taxation Office (ATO) has issued a notice on 28 April 2026 outlining which entities are required to lodge a general purpose financial statement. Lodging a general purpose financial statement (GPFS) is a crucial step for various entities in Australia. Under section 3CA of the Taxation Administration Act 1953, an entity is required to...
Taiwan’s Ministry of Finance has reminded taxpayers that the filing period for the 2025 individual income tax return for foreign (alien) individuals will run from 1 May to 1 June 2026. The Changhua Branch of the National Taxation Bureau of the Central Area (NTBCA) stated that alien individuals with income sourced from the Republic of...
The European Parliament endorsed its position on the Interim report on the proposal for the multiannual financial framework for 2028-2034, which was approved on 28 April 2026. The seven-year budget proposal underscores Parliament’s continued support for establishing new revenue streams, notably backing the European Commission’s “basket approach” to own resources, which encompasses taxation measures. In...
Ecuador’s Internal Revenue Service (SRI) has amended the rules governing the filing and payment of VAT through electronic systems under Resolution No. NAC-DGERCGC26-00000016, published in the Official Gazette on 15 April 2026 and entered into force on the same date. The resolution modifies the framework established by Resolution No. 1065 of 2002, which regulates the...