Saturday, June 27, 2026
New Zealand Inland Revenue has released a draft interpretation statement for public consultation on Goods and Services Tax – Reduced value rule in s 10(6) for supplies of domestic goods and services in commercial dwellings on 17 April 2026. The GST reduced value rule under section 10(6) of the Goods and Services Tax Act 1985...
Taiwan’s National Taxation Bureau of Taipei, Ministry of Finance, states that, in order to enhance Taiwan’s industrial competitiveness and attract foreign specialist professionals, preferential income tax treatment is provided pursuant to Article 22 of the Act for the Recruitment and Employment of Foreign Professionals. Foreign nationals who are recognised as “Foreign Specialist Professionals” in fields...
South African President has signed the Taxation Laws Amendment Act 5 of 2026, amending the Carbon Tax Act, 2019 and related Schedules. The Act was passed on 31 March 2026 and published in the Government Gazette on 1 April 2026. It introduces amendments across key South African tax laws, including changes to definitions, tax incentives...
The Belgian members of the lower house submitted bill No. 56K1491001 to the parliament on 17 April 2026, which outlines a proposal to establish a digital services tax 9DST) in Belgium targeting global technology giants from 1 January 2027. The legislation is said to be inspired by existing frameworks in France and Spain and suggests...
The Austrian Federal Ministry of Finance has issued BMF Letter No. 2026-0.325.631 on 17 April 2026, updating the list of jurisdictions with which Austria exchanges Country-by-Country (CbC) reports under the automatic exchange of information (AEOI) framework. The updated list is effective from 31 March 2026. Under Section 3(1) of the VPDG, multinational enterprise groups with...
The Dutch Tax Authority has published its annual list of countries designated as developing nations under Article 6 of the 2001 Double Taxation Prevention Decree (Bvdb 2001) for 2025. Since 1 January 2017, the Netherlands has applied specific criteria to determine which countries qualify as developing nations for tax purposes. The primary standard follows the...
The Argentine government’s Executive Branch has issued regulations to implement the new tax incentives regime (RIMI) for productive investments by micro, small, and medium-sized enterprises with the publication of Decree No. 242/2026 under Law No. 27,802/2026 in the Official Gazette on 13 April 2026, which entered into force on that date. Decree No. 242/2026 establishes...
South Africa’s National Treasury has released the draft Capital Flow Management Regulations 2026 (the Draft Regulations), aimed at bringing crypto assets within the country’s exchange control framework to strengthen oversight of emerging financial instruments and address associated risks. The Draft Regulations were published under Government Notice No. 54520 in Government Gazette No. 7375 on 17...
The Brazilian Federal Revenue Service has published its updated individual tax guidance document, “Questions and Answers IRPF 2026,” to help citizens complete their annual income tax returns accurately on 22 April 2026. The publication addresses the 2026 fiscal year covering calendar year 2025 and features 745 frequently asked questions with detailed answers. The tax authority...
The Norwegian parliament (Storting) approved a new income tax treaty with China on 21 April 2026. The agreement aims to prevent double taxation on income and curb tax evasion between Norway and China. Signed on 12 May 2023, it will replace the existing 1986 treaty once it enters into force. It will take effect following...