Sunday, June 07, 2026
Lithuania’s State Tax Inspectorate (VMI) published on 24 March 2026 draft amendments to the rules on reporting information about reportable crypto-asset users, aligning with the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8). The amendments include: Updated definitions: Existing individual crypto-asset user – a physical person who established a relationship with a...
Germany’s Ministry of Finance has published a draft bill on 24 March 2026 for the ratification of the 2024 Addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information (CRS MCAA). The addendum incorporates the 2023 amendments to the Common Reporting Standard (CRS), extending the scope of automatic information exchange to...
Irish Revenue has released eBrief No. 065/26 on 30 March 2026, which updates the guidance about outbound payments defensive measures. Tax and Duty Manual Part 33-05-01 has been updated as follows: New section 3.4.2 has been included concerning the application of the association test for Irish partnerships. New examples 3.4.3 and 3.4.4 have been included...
The Australian government has announced temporary reductions to the fuel excise rates on petrol and diesel yesterday, 30 March 2026. Both measures will take effect on 1 April 2026 and remain in place until 30 June 2026. The fuel excise is being halved, meaning it will reduce the cost of fuel by 26.3 cents per...
Thailand’s Revenue Department, in a notice, announced that corporate taxpayers (juristic persons) that have not yet submitted their PND.50, PND.52, and PND.55 returns for the accounting period 1 January 2025 to 31 December 2025 are required to do so within 150 days from the end of the accounting period, which is 2 June 2026. Taxpayers...
The Finnish Ministry of Finance has launched a public consultation on 20 March 2026 regarding a draft proposal to suspend the Finland-Russia Income Tax Treaty of 1996, as amended in 2000. Due to the urgency of aligning domestic law with the presidential decision, the consultation period has been shortened, with submissions required by 2 April...
Germany has issued the Eighth Regulation Amending the Country-by-Country (CbC) Report Extension Regulation, which was published in the Official Gazette on 30 March 2026. The regulation updates the list of jurisdictions with which Germany will exchange CbC reports under the 2016 Multilateral Competent Authority Agreement on the Automatic Exchange of CbC Reports (CbC MCAA) and...
Italy notified Russia about the suspension of significant portions of their bilateral tax treaty. The suspension was published in Italy’s Official Gazette on 24 March 2026. The suspension affects the Convention signed in Rome on 9 April 1996, which was designed to prevent double taxation on income and wealth while combating tax evasion. The suspended...
The Tax Department has announced on 26 March 2026 an extension for filing certain income tax returns for the 2025 tax year. The extension applies to companies (Form T.F.4) and individuals (Form T.F.1 Log.) who are required to prepare audited or reviewed financial statements. This includes entities that must submit a Summary Table of Controlled...
Bolivia’s tax authority (SIN) announced on 25 March 2026 that it has postponed the mandatory implementation of online e-invoicing to 30 September 2026 for certain taxpayers groups, allowing additional time to update their computer systems and meet regulatory requirements. The extension, formalised through Regulatory Board Resolution (RND) 102600000007, affects taxpayers covered under four resolutions from...