Posts by: RF Report


Netherlands sets 2030 deadline for mandatory domestic e-invoicing

The Netherlands government has issued Letter No. 2026-0000288216 of 11 September 2026, detailing the strategic implementation framework for electronic invoicing (e-invoicing) and digital reporting in the Netherlands. This policy transposes Council Directive (EU) 2025/516 under the EU’s VAT in the Digital Age (ViDA) package into national tax legislation. To combat tax fraud and modernise the...

China sets 20% tax rate on restricted share sales

China’s Ministry of Finance, the State Taxation Administration, and the China Securities Regulatory Commission released Announcement No. 26 on 28 August 2026 to establish uniform rules for taxing the sale of restricted shares by individual shareholders of listed companies. New tax rate and scope The authorities set the individual income tax rate at 20% on...

Belgium proposes ViDA VAT reforms with OSS expansion, consignment stock phase-out

The Belgian Minister of Finance has submitted draft legislative bill DOC 56 1718/001 to the Parliament on 10 September 2026. This bill partially transposes EU Directive 2025/516 (adopted on 11 March 2025), which forms a core element of the European Union’s VAT in the Digital Age (ViDA) framework. While the overall ViDA framework rests on...

Czech Republic reintroduces electronic sales recording, including VAT and tax relief measures

The Czech Republic’s Ministry of Finance and the Chamber of Deputies have approved the Sales Registration Act on 9 September 2026 after overriding the Senate’s proposed amendments. The legislation has been submitted to the president for signature on 11 September 2026. The key aspect of this legislative proposal is the reintroduction of electronic sales records...

Australia: Senate passes bill expanding foreign resident CGT rules

The Australian Senate passed the Treasury Laws Amendment (Strengthening Accountability for Tax Adviser Misconduct and Other Measures) Bill 2026 on 10 September 2026, a legislative proposal from the Australian Parliament designed to increase oversight within the financial and tax sectors. The bill proposes enhancements to the foreign resident capital gains tax regime and implements critical...

Italy clarifies tax treatment of blockchain-based financial instruments

The Italian Revenue Agency clarified, on 10 September 2026, that companies managing digital registers for blockchain-based financial instruments cannot operate as traditional banks under tax law. In response to question no. 170/2026, the Agency ruled that these managers lack authority to collect investor certifications, communicate with tax authorities, or file required tax forms. The regulatory...

EU scraps aluminium scrap duty plan after push back from India

The European Commission, on 11 September 2026, shelved its proposal for a 15% export duty on aluminium scrap. The measure was set for announcement on 23 September 2026 but was dropped following pressure from India, which imports roughly one third of the EU’s scrap shipments. India raised objections to the plan during trade negotiations. The...

Peru, Spain reaffirm commitment to concluding income tax treaty

Peru’s Ministry of Foreign Affairs, in a release, confirmed that officials from Peru and Spain met on 8 September 2026 for their 11th Political Consultations and reaffirmed the need to conclude negotiations and sign a new income tax treaty. The talks formed part of continued high-level dialogue under the two countries’ Reinforced Strategic Partnership, established...

Bolivia: SIN updates RAU fixed per-hectare fees for 2025

Bolivia’s National Tax Service (SIN) issued Administrative Ruling (RND) No. 102600000036 on 9 September 2026, updating the Fixed Per-Hectare Fees under the Unified Agricultural Regime (RAU) for the 2025 tax year. The update was made in accordance with Supreme Decree No. 24463 and Law No. 2434 and was based on changes in the Housing Development...

Panama: DGI clarifies tax lottery drives revenue growth through voluntary compliance

Panama’s tax authority (DGI) has clarified on 13 August 2026 that the tax lottery has successfully increased government tax revenue by encouraging citizens to request receipts during purchases. Since the program launched on 28 August 2025, monthly collections from consumption taxes have risen. Director General of Revenue Camilo Valdés Mora presented these results at the...