Sunday, May 17, 2026
The Russian Ministry of Finance (MoF) has clarified the timeframe for refunding corporate income tax previously withheld from payments made to foreign organisations. The official position was outlined on 12 March 2026 in Letter No. 03-08-13/6622. According to the letter, a foreign recipient of income, or their representative, must submit an application for a tax...
The Swiss Federal Tax Administration (FTA) has announced that the GloBE Information Return (GIR) application is now available on the federal government’s online portal. The application allows companies to register for GIR purposes and submit their GloBE Information Return directly to the FTA. Under the GIR framework, the FTA exchanges information with foreign tax authorities...
Luxembourg’s parliament passed a law implementing EU Directive 2023/2226 (DAC8), introducing stricter reporting and due diligence requirements for crypto-asset service providers (CASPs). Under the law, CASPs must collect users’ tax residency, names, addresses, tax IDs, dates of birth, and transaction details. They must submit reports to the Administration des contributions directes (ACD) by 30 June...
The UK’s HM Revenue & Customs (HMRC) has initiated a public consultation on proposed rules for reporting transactions between close companies and their participators on 19 March 2026. This consultation seeks views on proposals to introduce new requirements to report transactions between close companies and their participators to HMRC. The aim is to explore the...
The Puerto Rico Department of the Treasury has issued Internal Revenue Circular Letter No. 26-06 on 13 March 2026, setting out the procedure for the electronic filing of the Corporate Income Tax Return for tax year 2025. The guidance is issued under Section 1061.02 of the Puerto Rico Internal Revenue Code of 2011, as amended,...
Belgium’s Federal Public Service (SPF) Finance has launched a public consultation on 17 March 2026 on draft top-up tax returns under the Pillar Two Income Inclusion Rule (IIR) for the 2024 and 2025 tax years, along with accompanying explanatory notes. It also provides technical instructions for multinational enterprises and large-scale domestic groups on how to...
Croatia’s government has initiated proceedings, on 18 March 2026, to sign an amending protocol with the US government that will modify the existing convention on avoiding double taxation and preventing tax evasion regarding income taxes. The original Convention between Croatia and the US was signed in Washington on 7 December 2022. However, despite Croatia beginning...
France’s tax authority has issued guidance clarifying its taxation methods for dividends and similar income under international tax treaties, particularly focusing on treaty benefits for distributions to residents of countries with specific withholding tax arrangements. New withholding tax framework Effective 1 January 2026, under Article 119 bis A of the French General Tax Code, dividends...
Qatar officially ratified its income and capital tax treaty with Kuwait through Decree No. (1) of 2026, published in Issue 5 of the Official Gazette on 15 March 2026. The agreement, originally signed on 1 June 2025, marks a significant milestone in tax cooperation between the two Gulf nations. The treaty addresses income taxes in...
Denmark’s Business Authority has opened a public consultation on a proposed strategy for e-invoice formats within Nemhandel, the country’s national e-invoicing infrastructure used by both the public and private sectors. The strategy document was published on 11 March 2026. This document outlines the Danish Business Authority’s strategy to transition from the national OIOUBL e-invoicing format...