Monday, April 27, 2026
The Netherlands has issued Regulation No. 2026-0000036908, published in the Official Gazette on 20 February 2026, which sets the definitive deemed rates of return for Box 3 income for 2025 and addresses previously overlooked indexation in other tax laws. The regulation, issued by the State Secretary of Finance on 12 February 2026, retroactively fixes the...
The US Supreme Court ruled 6-3 on 20 February 2026 in Learning Resources v. Trump that President Donald Trump exceeded his authority by imposing sweeping global tariffs under the International Emergency Economic Powers Act of 1977 (IEEPA). Chief Justice John Roberts, writing for the majority, determined that the International Emergency Economic Powers Act (IEEPA) of...
France has enacted Finance Law for 2026 (Law No. 2026-103) and published it in the Official Journal of the French Republic on 20 February 2026. Before promulgation, the Constitutional Court reviewed the legislation and validated most of its provisions. Only limited measures were annulled on procedural grounds. The Court’s decision, No. 2026-901 DC of 19...
Greece’s Independent Authority for Public Revenue (AADE) announced, on 20 February 2026, that the importer licensing process for the Carbon Border Adjustment Mechanism (CBAM) is open until 31 March 2026, as Greece accelerates preparations for the mechanism’s full operational readiness. AADE, acting as the National Authority for the implementation of CBAM, said it is stepping...
Zambia’s Ministry of Information and Media issued a statement, on 18 February 2026, outlining recent Cabinet decisions, among which was the approval of a draft income tax treaty with Turkey, designed to prevent double taxation and fiscal evasion. The agreement must go through a process of formal signing and ratification in both jurisdictions before it...
Ecuadorian President Daniel Noboa has enacted Executive Decree 304 on 12 February 2026, temporarily lowering the Value Added Tax (VAT) rate from 15% to 8% during the Carnival holiday to encourage domestic tourism and support economic activity. The reduced rate applies from 14 to 17 February 2026 to hostels, restaurants, cafes, tourist transport, tour packages...
Turkey’s Revenue Administration has published an updated guide on the taxation of investment income for the 2025 tax year under the Individual Income Tax Law. The guide covers income from capital, including dividends, interest on bank deposits, Eurobonds, lease certificates, and treasury bonds. It defines the financial thresholds that trigger a formal declaration requirement and...
The Saudi Zakat, Tax and Customs Authority (ZATCA) urges individuals to pay their Zakat “voluntary” via “ZAKATY” App for smart phones or via the website (zakaty.zatca.gov.sa) where this Platform provides the ability to calculate the payable Zakat of various type. This Zakat includes money, gold, silver, stocks, investment funds, real estate acquired for trade, etc....
Sweden’s Ministry of Finance (MoF) has published a draft bill proposing measures to combat tax evasion through VAT fraud in cross-border EU trade by strengthening the Swedish Tax Agency’s ability to control access to the VAT system. This announcement was made on 17 February 2026. The bill proposes, among other things, that the Tax Agency...
The Czech Ministry of Finance has submitted a draft law for consultation that would introduce an updated electronic sales recording system (EET 2.0) from 1 January 2027. Drawing on experience from the previous system and reflecting advances in digital payments, the modernised framework is designed to simplify tax administration while reducing the technical burden on...