Saturday, June 27, 2026
The African Tax Administration Forum (ATAF) and the OECD have completed a new series of joint workshops to support advancing transfer pricing simplification across the African region, bringing together more than 130 participants from 17 African countries. Delivered in French, the workshops brought together tax officials from French-speaking African countries alongside experts from ATAF, the...
Taiwan’s Taipei National Taxation Bureau, Ministry of Finance has announced that the online filing software for the 114th (2025) fiscal year corporate income tax has been available on the Ministry of Finance’s Electronic Filing and Payment Service website (https://tax.nat.gov.tw) from 15 April 2026. Corporations, as well as educational, cultural, public welfare, and charitable institutions or...
China and Vietnam signed an Agreement on Cooperation and Mutual Administrative Assistance in Customs Matters on 15 April 2026, alongside several other bilateral cooperation agreements. According to Xinhua News Agency, the agreements were concluded during a state visit to China by Vietnamese President To Lam. The Agreement on Cooperation and Mutual Administrative Assistance in Customs...
Denmark expanded its economic engagement with India on 8 April 2026 with the launch of the Indian Danish Chamber of Commerce (IDCC) in New Delhi, aiming to strengthen trade, investment and business linkages ahead of the anticipated ratification of the India–EU FTA by the end of 2026. The IDCC will act as a structured platform...
Singapore’s Inland Revenue Authority of Singapore (IRAS) has announced that around SGD 1 million taxpayers will receive their tax bills directly from mid-March 2026 under the Direct Notice of Assessment (D-NOA) initiative for the Individual Income Tax Season 2026. Over SGD 2 million individual taxpayers are expected to benefit from the No-Filing Service (NFS) in...
Ecuador’s Internal Revenue Service (SRI) has issued a Circular on 31 March 2026, setting out detailed guidance on the application of Value Added Tax (IVA) to digital services, with a particular focus on sports betting (sports forecasts), online gaming and streaming services. The Circular confirms that the applicable IVA rate is 15% and defines digital...
Singapore signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) under Pillar Two of the OECD/G20 Inclusive Framework’s Two-Pillar Solution on 14 April 2026. The agreement establishes a framework developed by the OECD/G20 for the automatic exchange of tax information under the Global Anti-Base Erosion (GloBE) Rules. It enables large...
Kenya Revenue Authority (KRA) has published a Step-By-Step Guide for Income and Expense Validations for Income Tax Returns, setting out new validation procedures that will apply from 1 January 2026. The guide explains the validation process first announced in November 2025 and confirms that, effective 1 January 2026, KRA will begin validating income and expenses...
The UAE Federal Tax Authority (FTA) has implemented updated administrative penalty provisions under Cabinet Decision No. (129) of 2025, amending parts of Cabinet Decision No. (40) of 2017. The changes, effective 14 April 2026, reduce several fines and revise penalty structures to support compliance and simplify tax procedures. Key reductions include a cut in the...
The US Department of the Treasury, in coordination with the Internal Revenue Service (IRS), has announced tax filing relief for affected personnel at the Department of Homeland Security (DHS), citing financial and administrative burdens resulting from the ongoing shutdown. Under the measure, impacted DHS personnel will receive an automatic 30-day extension to file their tax...