Saturday, August 29, 2026
Taiwan’s Legislative Yuan on 21 August 2026 passed at third reading a draft amendment to parts of the Estate and Gift Tax Act. The amendments standardise the treatment of certain gifts made before death when calculating estate tax and rationalise the related tax burden. At its 23rd meeting of the fifth session of the 11th...
Uganda has enacted the Income (Amendment) Act 2026 and the Excise Duty (Amendment) Act 2026 after President Yoweri Museveni assented to the two Bills on 20 August 2026. The legislation follows the reconsideration of the Income Tax (Amendment) Bill 2026 and the Excise Duty (Amendment) Bill 2026 by Parliament. Presidential assent converted the Bills into...
The UAE Federal Tax Authority (FTA) has issued Decision No. 13 of 2026, setting out verification requirements for suppliers and transactions, with the measures taking effect from 1 October 2026. The decision was approved by the FTA Board on 23 June 2026 and issued on 22 July 2026. It was published in the Official Gazette...
Chile’s Internal Revenue Service (SII) announced, on 20 August 2026, that it has given 900,000 individual low-income taxpayers an additional three months to settle their tax obligations related to unpaid Solidarity Loan instalments from 2020 and 2021. The new deadline is 30 November 2026, replacing the original 30 August 2026 cutoff. Filing without immediate payment...
Morocco published Royal Decree No. 1.26.72 in the Official Gazette on 12 August 2026, promulgating Law No. 76.19, which ratifies the Multilateral Competent Authority Agreement on the Exchange of Country-by-Country Reports (CbC MCAA). The law approving the MCAA was passed by both chambers of the Moroccan Parliament: the House of Representatives and the House of...
Taiwan’s Legislative Yuan on 21 August 2026 passed the third reading of amendments to Articles 17 and 126 of the Income Tax Act, increasing tax-exempt allowances for minor children and removing the TWD 24,000 cap on itemised deductions for certain insurance premiums. Once promulgated by the President, the amendments will apply to the filing of...
The Finland–France income tax treaty, signed in 2023, will enter into force on 28 August 2026. The new tax treaty aims to replace the 1970 tax convention between the two countries. The treaty covers major income taxes in both countries, including French income and corporation taxes and Finnish state, corporate, municipal and church taxes. Special...
Argentina’s Undersecretariat of Public Revenue, in an update, stated that Argentina and Kuwait have concluded negotiations and initialled an income and capital tax treaty. This agreement seeks to establish a framework for eliminating double taxation on income while preventing tax evasion and avoidance between the two countries. Any resulting treaty must be signed and ratified...
Morocco has gazetted Royal Decree No. 1.26.53 on 12 August 2026, promulgating Law No. 39.25, which ratifies the income tax treaty with Burundi. Signed on 12 May 2025, this treaty focuses on avoiding double taxation and preventing tax evasion and fraud regarding income taxes between the two countries. It will enter into force upon the...
Irish Revenue has updated its guidance on the tax treatment of foreign withholding tax for Section 110 qualifying companies, setting out how relief may be available under Schedule 24 where income has been taxed at source in another jurisdiction. The changes were issued through eBrief No. 120/26 on 21 August 2026, which updates Tax and...