Tuesday, February 24, 2026
The Australian Taxation Office has published the 2026 Supplementary annual GST return along with its supporting instructions on 16 February 2026. The supplementary annual GST return (SAGR) is an annual reporting requirement for Top 100 and Top 1,000 taxpayers who have received a GST assurance rating through a GST assurance review. The information provided will...
The OECD published new materials on 17 February 2026 to assist with the rollout of Amount B under Pillar One, which provides a simplified transfer pricing framework for baseline marketing and distribution activities. The release includes updated guidance in the form of FAQs and a revised pricing automation tool. Amount B is an integral part...
The Swedish government has launched a public consultation, on 13 February 2026, on the proposed amendments to the Value Added Tax Act (2023:200) aimed at updating VAT rules for cross-border trade and special schemes, in line with recent changes to Council Directive 2006/112/EC and the EU’s VAT in the Digital Age package. The draft introduces...
The Slovenia Tax Authority has issued revised guidance on claiming tax relief for assets used abroad on 10 February 2025. The guidance was issued in response to an enquiry from a Slovenian tax resident operating via a permanent establishment outside Slovenia, who sought confirmation on whether investment allowances could be claimed in Slovenia for equipment...
Ecuador’s Internal Revenue Service (SRI) has issued Resolution No. NAC-DGERCGC26-00000003 of 27 January 2026, updating the income tax self-withholding rates that apply to companies classified as “Large Taxpayers”. The revised rates form part of the monthly self-withholding obligation introduced under the Law on Economic Efficiency and Employment Generation. Amounts withheld are treated as a credit...
The Indian tax authority has filed an appeal before the High Court against the Mumbai bench of the Income Tax Appellate Tribunal’s (ITAT) consolidated order of August 2025, which granted treaty benefits to several Irish aircraft leasing companies. The ITAT had considered the lead case of TFDAC Ireland II Limited and other Irish lessors for...
Luxembourg’s Chamber of Deputies approved the ratification of the protocol to the 2006 income and capital tax treaty with San Marino on 11 February 2026. The two countries signed an amending protocol to their 2006 tax treaty on 14 May 2025, marking the second revision to the agreement following an earlier update in 2009. The...
The UAE Federal Tax Authority (FTA) has released an updated guide, Taxable Persons Guide for Excise Tax (Excise Goods) – ETGTP2 on 10 February 2026. This guide is the second in a two-part series for taxable persons on excise tax in the UAE: ETGTP1 – General Legislative Provisions ETGTP1 covers the general legislative framework for...
South Africa’s Revenue Service (SARS) is preparing to shift VAT compliance to a digital model under its VAT Modernisation programme. Structured e-invoicing will be a key part of the system, enabling near-real-time transaction reporting rather than relying on periodic VAT returns. The phased rollout will begin with the largest VAT contributors and is expected to...
The Bank of Russia Board of Directors decided to cut the key rate by 50 basis points to 15.50% per annum on 13 February 2026. The economy continues to return to a balanced growth path. In January, price growth accelerated significantly due to one-off factors. However, the Bank of Russia estimates that the underlying measures...