Tuesday, April 07, 2026
The Hong Kong Inland Revenue Department (IRD) has announced the issuance of profits tax, property tax, and employers’ returns for the 2025–26 tax year on 1 April 2026. IRD has issued about 270, 000 profits tax returns, 120, 000 property tax returns and 340,000 employers’ returns for the year of assessment 2025-26, and will issue...
Spain’s Tax Agency has issued a statement outlining the tax provisions of Royal Decree-Law 7/2026 on 20 March 2026. Published in the Official State Gazette on 21 March, the decree enacts the Comprehensive Response Plan to the Crisis in the Middle East and introduces a range of tax measures, including the following: Corporate tax With...
The Serbian Prime Minister and Algerian Prime Minister have signed an income and capital tax treaty on 31 March 2026, marking a significant step in deepening relations between the two countries. This marks the first agreement of its kind between the two countries and is intended to eliminate double taxation on income and property, while...
The OECD announced on 31 March 2026 that the African Tax Administration Forum (ATAF) and the OECD have completed a new series of joint workshops to support advancing transfer pricing simplification across the African region, bringing together more than 130 participants from 17 African countries. Delivered in French, the workshops brought together tax officials from...
Italy’s tax authorities have issued updated guidance, under Protocol No. 106520 of 31 March 2026, which details the voluntary tax option that allows Italian controlling entities to pay a flat 15% substitute tax on the net accounting profits of their foreign subsidiaries instead of undergoing complex standard tax calculations, introduced at the end of 2023....
The Australian Taxation Office (ATO) issued new guidance on Amending a global and domestic minimum tax assessment and Globe Information Return (GIR) on 31 March 2026. Check if an amendment is needed To correct mistakes in relation to the global and domestic minimum tax, entities may need to: amend a prior return or assessment, or...
Uganda’s Government has tabled new tax Bills, with a 30% environmental levy on imported secondhand clothes. The Bills were tabled by the Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi, during plenary on Wednesday, 1 April 2026, chaired by Speaker Anita Annet Among. The proposed environmental levy is contained...
Luxembourg has enacted a new law implementing EU Directive 2023/2226 (DAC8) on 27 March 2026, setting out reporting requirements for Crypto-Asset Service Providers (CASPs). The rules take effect from 1 January 2026 and apply to both authorised CASPs under the EU Markets in Crypto-Assets (MiCA) Regulation and providers with a Luxembourg connection, including local branches...
The Netherlands Senate (upper house of the parliament) has adopted a bill on the implementation of the rules of the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8) on crypto-asset reporting, which was published on 31 March 2026. This development follows the publishing of Letter No. 2026-0000019577 by the Dutch State Secretary...
The Greek Ministry of Finance (MoF) has launched a public consultation on a draft bill aimed at modernising administrative cooperation in taxation and implementing recent European Union directives on 29 March 2026, after which it is expected to advance through the legislative process. The bill transposes the Amending Directive to the 2011 Directive on Administrative...