Saturday, August 08, 2026
The European Commission announced, on 22 May 2026, that it has published the work programme for VAT in the Digital Age (ViDA), covering implementation activities planned for 2026. The programme builds on the implementation strategy released in September 2025 and is intended to support the rollout of the ViDA package under the current Multiannual Financial...
Finland’s Tax Administration has released updated Guidance No. VH/2608/00.01.00/2026 on 21 May 2026, which outlines the updated regulatory framework for income tax penalties in Finland, focusing on the distinction between late fees and tax increases. The revisions clarify that penalties may apply to tax returns or corrections submitted after the deadline but still within the...
Belgium’s government announced on 22 May 206 that the Council of Ministers has approved a preliminary draft law transposing into Belgian law the “DAC9 directive” and making other amendments to the law relating to the introduction of a minimum tax for multinational enterprise groups and large national groups. This follows after the European Commission issued...
Croatia has published Ordinance No. 665 in the Official Gazette on 22 May 2026, bringing the nation’s tax system into alignment with the OECD’s global minimum corporate tax initiative. The ordinance operationalises the broader Minimum Global Corporate Income Tax Act by establishing clear procedures for large multinational enterprise (MNE) groups and domestic corporate groups operating...
Hungary’s National Tax and Customs Administration (NAV) has introduced an expanded version of Form 24GLBADO to streamline reporting of the country’s additional global minimum tax requirements. The form, initially used for advance qualified domestic minimum top-up tax (QDMTT) payments, now encompasses final QDMTT declarations, Income Inclusion Rule (IIR) top-up tax payments, and a new corrections...
The Inland Revenue Board of Malaysia (IRBM) has released updated guidance on the Pillar Two global minimum tax regime, clarifying filing obligations for local businesses. In a 22 May 2026 update, the Inland Revenue Board published Frequently Asked Questions on the implementation of the Global Minimum Tax (GMT) in Malaysia Version 8.0, which addresses critical...
The Czech government published Decree No. 68/2026 on 20 May 2026, approving tax forms for multinational enterprises under the OECD’s Pillar Two global minimum tax framework. What companies need to file Two separate returns are now mandatory. The first is a top-up tax return covering both the Czech domestic top-up tax (QDMTT) and the international...
Germany’s Ministry of Finance has released the draft Annual Tax Act 2026 (Jahressteuergesetz 2026), a wide-ranging legislative package containing numerous technical amendments across the tax system. The proposals are aimed at bringing German law into line with developments in EU law and European Court of Justice (ECJ) case law, responding to rulings of the Federal...
The Australian Taxation Office (ATO) has updated its guidance on the Global and Domestic Minimum Tax and Lodging, Paying and Other Obligations for Pillar Two on 26 May 2026. The updates incorporate the OECD’s common understanding released on 18 May 2026 regarding the waiver of penalties and the non-enforcement of local GIR filing obligations in...
Irish Revenue has released two new eBriefs providing operational guidance for entities subject to the OECD’s Pillar Two global minimum tax framework, including instructions for filing information returns and meeting tax return and payment obligations. Guidance on top-up tax information returns Revenue eBrief No. 106/26, issued on 26 May 2026, introduces a new manual titled...