Monday, April 27, 2026
The Belgian Council of Ministers approved a Royal Decree on 13 February 2026 introducing higher VAT rates for specific goods and services. The changes target pesticides, plant protection products, furnished accommodations, and camping facilities. The government released official statements about these changes on 14 February 2026. The decree implements two primary VAT increases: Pesticides and...
The Australian Taxation Office (ATO) has updated its foreign exchange rate guidance, which includes Monthly exchange rates for 1 July 2025 to 30 June 2026, and monthly rates for October, November, and December 2025, and January 2026. As per the guidance, all foreign income, deductions, and foreign tax paid must be converted to Australian dollars...
The Office of the US Trade Representative (USTR) announced, on 12 February 2026, that the Trump administration finalised a reciprocal trade agreement with Taiwan. The Trump Administration also released a fact sheet on the agreement. The agreement establishes a 15% tariff on Taiwanese imports to the US. The deal represents an improvement from the initial...
The European Council approved new customs duty rules on 11 February 2026, eliminating the current exemption for parcels valued under EUR 150. From 1 July 2026, an interim flat-rate duty of EUR 3 will apply to items in small parcels valued at less than EUR 150, before specific customs tariffs take effect for all imported...
Slovenia’s Ministry of Finance has published a notice on 6 February 2026 outlining the principal reporting obligations under the Minimum Taxation Directive (2022/2523). A person liable for minimum tax under the Minimum Tax Act (Official Gazette of the Republic of Slovenia, No. 131/23) is an entity that is located in the Republic of Slovenia and...
The UAE’s Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. (1) of 2026 on Exempting Certain Sports Entities from Corporate Tax for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. The Ministry affirmed that the decision aims to support the continued sustainable development...
Ireland’s tax authority (Revenue) issued eBrief No. 034/26 on 16 February 2026, extending the filing and payment deadlines for certain self-assessment Income Tax and Capital Acquisitions Tax (CAT) obligations for 2025. For self-assessment Income Tax customers who both file their 2025 Form 11 and make the relevant payments through Revenue Online Service (ROS), the deadline...
Finland’s government submitted a new law proposal (HE 6/2026) to parliament on 12 February 2026, which supplements the earlier proposal HE 196/2025, introducing further amendments to the Law on Minimum Tax by Large Groups, which implements the Pillar 2 global minimum tax rules. Finland proposes amending its Minimum Tax for Large Groups Act to incorporate...
The tax treaty between Singapore and Taiwan for the elimination of double taxation with respect to income taxes and the prevention of tax evasion and avoidance was signed on 31 December 2025 and entered into force on 13 February 2026. It was signed by Yip Wei Kiat, Trade Representative of the Singapore Trade Office in...
Argentina’s tax authority (ARCA) introduced new electronic invoicing requirements and a monthly settlement system through General Resolution 5824/26 to simplify tax compliance for businesses and individuals on 13 February 2026. Financial institutions, insurance companies, credit card providers, prepaid health plans, and educational institutions must now issue electronic invoices, aligning them with existing taxpayer obligations. These...