Saturday, August 08, 2026
Malta’s Tax and Customs Administration has reminded taxpayers that the deadline for both manual and electronic filing of Income Tax Returns for the year of assessment 2026 is 31 July 2026. The deadline applies to individual taxpayers and also covers the submission of Income Tax Returns for clubs and similar institutions (TA37), religious entities (TA36),...
The Inland Revenue Department (IRD) of Sri Lanka has published a notice to taxpayers outlining modifications introduced to the Inland Revenue Act No. 24 of 2017 through the Inland Revenue (Amendment) Act No. 11 of 2026, which received certification (enactment) on 3 June 2026. Additionally, a distinct notice has been published addressing the interest relief...
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on Business Expenses, introducing new clarification on the tax treatment of payments for related party services. The update confirms that such payments may be deducted for tax purposes where they satisfy the general conditions for deductibility and comply with Singapore’s transfer pricing requirements. Core...
Hungary’s National Tax and Customs Administration (NAV) has announced the release of the Factsheet for Global Minimum Tax Reporting (DAC9/GIR) on 4 June 2026. The factsheet provides practical guidance for multinational and large domestic corporations regarding their data reporting obligations under Hungary’s new global minimum tax regulations. It outlines the specific legal frameworks, such as...
The Australian Taxation Office (ATO) in a reminder on 11 June 2026 announced that the first Pillar Two lodgments for Australian in-scope multinational enterprise groups (MNE groups) and their advisers are due on 30 June 2026. This includes the GloBE Information Return (GIR) and the Combined global and domestic minimum tax return (CGDMTR). This gives...
Romania’s National Agency of Fiscal Administration (ANAF) has unveiled a draft Order to replace the longstanding procedure governing advance pricing agreements (APAs), which has operated under Order No. 3735/2015 for over a decade. The proposed changes, now under public consultation following publication on 5 June 2026, reflect evolving international standards and Romania’s movement towards OECD...
Bolivia’s Tax Authority (SIN) has issued Resolution No. 102600000016 on 27 May 2026, which updates the official list of countries or regions considered to have low or zero taxation (tax havens). This update is critical for taxpayers as it impacts tax returns, transfer pricing documentation, and other fiscal obligations. The resolution serves as a legal...
Portugal’s Tax and Customs Authority has published Order No. 76/2026-XXV of 3 June 2026, extending the deadline for submitting the GloBE Information Return (GIR) and the top-up tax settlement required under Article 45(1)(b) and (c) of Law No. 41/2024, the Global Minimum Tax Law. Under the order, constituent entities whose fiscal year ended between 31...
Azerbaijan and the UK held the first round of negotiations in London on a new convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains, according to a 10 June 2026 statement from Azerbaijan’s State Tax Service. Delegations from Azerbaijan’s State Tax Service...
The OECD has published a working paper on The impact of population ageing on tax revenues in OECD countries on 2 June 2026. Population ageing is a major structural trend across OECD countries, with potentially significant implications for public finances, yet its effects on tax revenues remain relatively understudied. This working paper examines the potential...