Posts by: RF Report


Indonesia: DJP establishes specific criteria for identifying domestic, foreign tax subjects

Indonesia’s Directorate General of Taxation (DJP) issued Regulation PER-23/PJ/2025, which was enacted on 9 December 2025, establishing the specific criteria for identifying domestic and foreign tax subjects. It defines domestic subjects as individuals residing in Indonesia for over 183 days within a year or entities established within the country’s legal jurisdiction. This regulation replaces older...

Panama: MEF to dissolve thousands of suspended companies starting February 2026

The Ministry of Economy and Finance (MEF) announced on 23 February 2026 that it will launch a major initiative to dissolve suspended legal entities, reinforcing Panama’s commitment to legal and financial transparency while meeting international obligations, starting 27 February 2026. Two-phase dissolution process The dissolution will unfold in two distinct stages. The first phase targets...

UAE: MoF issues new e-invoicing guidance

The UAE Ministry of Finance updated its e-invoicing guidance webpage by publishing several new guidance documents on 24 February 2026. The guides are as follows: Pre-Approved eInvoicing Service Providers UAE Electronic Invoicing Guidelines UAE Electronic Invoice Mandatory Field Requirements Considerations for Selecting an Accredited Service Provider UAE eInvoicing Programme Introduction This follows the UAE’S Ministry...

Bolivia unveils major tax relief programme to ease business burden

The Bolivian government introduced the Transparency and Tax Relief Bill on 19 February 2026, marking a significant overhaul of the country’s tax system aimed at helping entrepreneurs and businesses overcome crippling debts and administrative complexity. President Rodrigo Paz Pereira and Economy Minister José Gabriel Espinoza Yáñez presented the reforms to approximately 650 private sector representatives...

Belgium: Government proposes higher securities tax, dividend withholding for SMEs in Omnibus Bill

Belgium’s government submitted an Omnibus Bill No. 56 1378/001 to parliament on 23 February 2026, proposing several tax amendments, including an increase in the annual tax on securities accounts and a higher dividend withholding tax rate for SMEs. This bill outlines a series of legislative reforms and budgetary measures proposed by the Belgian government for...

Moldova, Bangladesh to negotiate for tax treaty

Moldova and Bangladesh have agreed to negotiate for a bilateral tax treaty aimed at preventing double taxation and promoting investment protection 18 February 2026. Deputy Prime Minister and Foreign Minister Mihai Popșoi met with Bangladeshi Ambassador Shahnaz Gazi to discuss expanding economic cooperation and strengthening the legal framework. Both sides reaffirmed their commitment to finalising...

Egypt, Moldova advance tax treaty negotiations

Moldova’s Ministry of Foreign Affairs announced that on 18 February 2026, officials from Egypt and Moldova met to discuss enhancing bilateral cooperation, including progress on negotiations for an income tax treaty. In the dialogue with the Ambassador of Egypt, the prospects for strengthening bilateral cooperation were discussed, including advancing discussions on draft agreements in various...

UK: HMRC publishes guidance on registration rules for tax advisers

UK HMRC published guidance on 17 February 2026, Check if and when you need to register as a tax adviser with HMRC, together with the related guidance Check if you meet HMRC’s conditions to register as a tax adviser. Check if and when you need to register as a tax adviser with HMRC Check if...

Germany publishes DAC8 data set for crypto-asset reporting

Germany’s Federal Ministry of Finance has released the officially prescribed data set for DAC8 reporting, applicable to crypto-asset service providers under the Kryptowerte-Steuertransparenz-Gesetz (KStTG). From 2027, providers must electronically submit transaction data for the 2026 calendar year to the Federal Central Tax Office. Reports must follow the designated XML formats, including the DIP interface for...

Peru updates VAT withholding rules for imports

Peru issued Legislative Decree No. 1714 on 4 February 2026, revising the application of advance VAT (IGV) withholding on imported goods. The changes clarify when a 10% withholding rate applies, up from the usual 3.5% or 5%, based on the risk profile and tax/customs compliance of the importer. The decree, enacted under the authority delegated...