Saturday, September 19, 2026
The Dominican Republic’s General Directorate of Internal Taxes (DGII) launched a public consultation on 14 July 2026 on a draft General Rule establishing the procedures, requirements and conditions for applying the temporary tax amnesty introduced by Article 8 of Law No. 30-26 on Tax Reform. The draft General Rule outlines the application process, eligibility requirements,...
The Italian Revenue Agency confirmed on 17 July 2026 that dissolving a trust and returning assets to the settlor triggers no gift or inheritance tax, provided no beneficiaries receive the property. Response no. 146 of 16 July 2026 clarifies a long-debated point: the mere setup of a trust doesn’t create a taxable event. Taxation only...
Taiwan’s National Taxation Bureau has clarified, on 20 July 2026, that foreign taxpayers that income derived from qualifying house and land transactions must be reported separately from gross consolidated income under the Income Tax Act. The authority stated that, from 1 January 2016, income derived from house and land transactions must be filed separately and...
The Australian Taxation Office (ATO) has published a recap of its June Pillar Two information session on 14 July 2026. In June, the ATO held its fourth Pillar Two pre-lodgment information session, attended by more than 300 participants from Australia and overseas. The session supported multinational enterprise (MNE) groups and their advisers to prepare for...
Belgium’s tax authorities, SPF Finance, announced on 14 July 2026 that starting 1 July 2026, American exporters can ship into Europe at reduced or zero customs duties under the Turnberry Agreement, inked on 27 July 2025. The rules sit in Regulation (EU) No 2026/1455. The European Commission’s guidance (OEO Information Note DD 022.835, issued 1...
The US will meet with Mexico in Mexico City for the third bilateral negotiating round related to the Joint Review of the United States-Mexico-Canada Agreement (USMCA) on 21 July 2026, according to a release by the USTR dated 17 July 2026. This follows after the US and Mexico have begun formal negotiations to revise the...
Austria’s Federal Council (Bundesrat) approved the Budget for 2027 and 2028, including a range of tax measures, on 16 July 2026. Financial and tax reforms The Budget detail several significant changes to the Austrian tax and financial landscape: Parcel tax: A new tax is introduced for the delivery of parcels from mail-order businesses. Starting 1...
Romania’s tax authority, the National Agency for Fiscal Administration (ANAF) has amended Order No. 1699/2021 to allow electronic issuance of both VAT Registration Certificates and Tax Registration Certificates, alongside the existing paper versions. The original order, published in the Official Gazette of Romania Part I on 4 November 2021, set out the forms and procedures...
The Netherlands Ministry of Finance has launched a public consultation on proposed sugar tax reforms on 16 July 2026. The proposals would replace the current flat-rate excise tax on non-alcoholic beverages with a tiered sugar-based tax and introduce a separate sugar tax on food products by 2030 as part of the Cabinet’s broader strategy to...
Morocco’s Chamber of Councillors approved Project Law No. 53.24 on 30 June 2026, completing parliamentary approval for the ratification of the income tax treaty with Chad. The agreement, signed on 14 August 2024, aims to establish a cooperative fiscal framework to prevent double taxation and tax evasion, encouraging foreign investment and trade between the two...