Saturday, August 08, 2026
Bolivia’s National Tax Service (SIN) has issued Resolution No. 102600000017 of 27 May 2026 to further extend the deadline for the digital submission of financial statements, the annual report, the transfer pricing study, and the related-party transaction information statement (Form 601). The new deadline for the year ending 31 December 2025 is 30 June 2026....
The Organisation for Economic Co-operation and Development (OECD), on 29 May 2026, released an updated list of signatories to the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA), including the respective dates of signature. The agreement facilitates the automatic exchange of GloBE Information Returns between tax authorities...
The Czech Financial Administration released a statement on the Pillar Two global minimum tax forms recently approved under Decree No. 68/2026, published in the Official Gazette on 20 May 2026. A key point of the statement is the confirmation that the Czech Republic has adopted the OECD’s common understanding issued on 18 May 2026, under...
Belgium has gazetted the Royal Decree of 25 May 2026, which officially approves the model form for the supplementary national tax return for the 2024 tax year. The supplementary national tax represents Belgium’s qualified domestic minimum top-up tax (QDMTT), implemented in line with the Pillar Two global minimum tax rules under Council Directive (EU) 2022/2523...
Taiwan’s Kaohsiung National Taxation Bureau of the Ministry of Finance stated that when a business operator (franchise headquarters) charges a franchisee a one-time franchise fee for opening a store, the fee is regarded as consideration for the sale of services. If the franchise fee also includes equipment, tools, or raw material costs, it is considered...
The Austrian Ministry of Finance has published a decision of the Federal Fiscal Court (BFG) confirming that the extended 10-year statute of limitations for tax evasion cannot be applied without evidence of intent, overturning a tax office’s attempt to reopen VAT assessments for 2015 to 2017. The case concerned a public wastewater association that had...
Spain has confirmed the completion of its internal procedures for the entry into effect of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) in relation to its covered tax agreement with Argentina. According to an update published by the Organisation for Economic Co-operation and Development (OECD),...
The Greek Public Revenue Authority (AADE) has updated the lists of Reportable Jurisdictions and Participating Jurisdictions used for the automatic exchange of financial account information under the Common Reporting Standard (CRS), following the publication of Decision A.1107 in the Government Gazette on 26 May 2026. The decision, issued by the Governor of the Independent Authority...
The US Internal Revenue Service announced, on 29 May 2026, the release of a new calculator to help businesses working on large, multi-year construction or manufacturing projects more easily figure interest related to those contracts. The Excel-based Percentage-of-Completion Method (PCM) Look-Back Interest Calculator XLSX supports calculations required for Form 8697, Interest Computation Under the Look-Back...
The UK has updated its list of recognised jurisdictions and taxes under the Pillar Two framework, adding four jurisdictions to its recognised Qualified Domestic Minimum Top-up Tax (QDMTT) and accredited QDMTT safe harbour lists while revising the effective date applicable to Poland. According to an update, published on 18 May 2026, the UK has expanded...