Saturday, August 08, 2026
The European Commission has issued a letter of formal notice to Poland for incorrectly transposing Council Directive (EU) 2021/514 (DAC7), specifically regarding the exemption from EU registration and reporting obligations for foreign platform operators located in non-EU jurisdictions, as part of its June 2026 infringements package published on 3 June 2026. Commission calls on Poland...
The Australian Taxation Office (ATO) has released general guidance on reporting income earned through digital platforms or apps on 3 June 2026. Money earned through digital platforms or apps is sharing economy income and must be reported in a tax return. This income can include payments received for: ride-sourcing, taxi, limousine or delivery services short-term...
The OECD has opened a public consultation on proposed updates to Chapter VII of its Transfer Pricing Guidelines, which covers the taxation of intra-group services. The revisions aim to address practical implementation challenges across sectors and regions while strengthening and clarifying the rules through updated guidance and new examples. Comments are due by 22 July...
The Office of the United States Trade Representative (USTR) announced a public consultation on 2 June 2026 regarding the development of a new government-to-government mechanism—a US-China Board of Trade—intended to manage bilateral trade between the US and China on an ongoing basis. Public comment is also being sought on specific types of non-sensitive products that...
The United States Trade Representative (USTR) released its findings and proposed measures on 2 June 2026 following the Section 301 investigations launched in March 2026 into 60 countries and economies to assess whether foreign governments have taken adequate measures to prevent the importation of goods produced with forced labour. (USTR has prepared a comprehensive report,...
The Norwegian Ministry of Finance has launched a public consultation on proposed amendments to the Supplementary Tax Act, introduced in January 2024 to implement the Pillar Two global minimum tax rules. The Act of 12 January 2024 implements internationally agreed rules on a global minimum tax in Norway. The rules are intended to ensure that...
Portugal has introduced a broad package of tax incentives and housing reforms through Decree-Law No. 97/2026 on 20 May 2026, with measures aimed at increasing housing supply and supporting moderate-priced homes for the middle class and first-time buyers. The legislation applies a temporary 6% VAT rate to residential construction and rehabilitation projects intended for sale...
The Sri Lankan Inland Revenue Department (IRD) has reminded taxpayers engaged in bookmaker and gaming businesses of their obligation to pay the monthly levy on gross collections for the month of May 2026 by 7 June 2026. The notice, issued for the 2026/27 year of assessment, reiterates that a levy of 18% is imposed on...
The Fengyuan Branch of Taiwan’s National Taxation Bureau of the Central Area has reiterated today, 5 June 2026, that agricultural land gifted for farming purposes can be exempt from gift tax when transferred between certain close relatives, including parents and children, siblings, and grandparents. The exemption is intended to support the continuity of agricultural activities...
Taiwan’s Ministry of Finance has announced today, 5 June 2026, of key changes introduced by the revised income tax treaty between Taiwan and Singapore, which entered into force on 13 February 2017 and applies from 1 January 2017. The new agreement, signed on 31 December 2015, replaced the original treaty signed on 30 December 1970....