Tuesday, March 17, 2026
Argentina’s Federal Tax Administration (ARCA) has increased the revenue thresholds that trigger mandatory transfer pricing documentation, aiming to streamline reporting requirements for multinational and local taxpayers. The changes are set out in General Resolution 5798/2025, published in the Official Gazette on 16 December 2025. Reporting Type Previous Threshold New Threshold Notes International intermediaries (Article 41,...
Egypt’s Ministry of Finance (MoF) has issued Minister of Finance Decision No. 534 of 2025 of 17 December 2025, revising the rules for transfer pricing (TP) documentation. Under the decision, the annual related-party transaction threshold for TP reporting has been raised to EGP 30 million from EGP 15 million. Companies with transactions below this level...
Japan and Kyrgyzstan signed a new tax treaty on 19 December 2025 to eliminate double taxation on income and strengthen measures against tax evasion and avoidance. The treaty updates rules on the taxation of business profits and investment income, introduces anti-abuse provisions, and reinforces the exchange of information between tax authorities. Both governments said the...
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance stated that when business operators sell goods or services, the pricing of taxable items must include business tax. In addition, uniform invoices must be issued in accordance with the prescribed time limits for issuing sales certificates. Business operators may not require consumers to pay...
The South African Revenue Service (SARS) will roll out registration and notification functionality for the Global Minimum Tax (GMT) through its eFiling platform on 16 March 2026. This announcement was made on 19 December 2025. The move forms part of South Africa’s implementation of the Global Anti-Base Erosion (GloBE) framework. SARS said the integration of...
Taiwan’s Northern Taiwan National Taxation Bureau of the Ministry of Finance has stated that research and development (R&D) expenditures eligible for investment tax credits must be traceable, while routine testing costs are excluded from the scope of deductions. This announcement was made on 19 December 2025. The Bureau explained that under Article 10 of the...
Russia’s government has approved a list of budget expenditures eligible for execution with the use of the digital ruble beginning in 2025. This announcement was made on 18 December 2025. The list was developed under Federal Law No. 303-FZ of July 31, 2025, “On Amendments to the Budget Code of the Russian Federation”, which provides...
Taiwan Northern Area National Taxation Bureau of the Ministry of Finance (MOF) stated that when business operators sell goods or services, the listed prices of taxable items must include value-added tax (VAT). Uniform Invoices must be issued in accordance with the prescribed time limits for issuing sales documents. Businesses may not require consumers to pay...
The Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Steueränderungsgesetz 2025) on 19 December 2025, providing tax relief measures for individuals and other technical amendments to various tax laws. Income tax: Increase in commuter allowance (distance lump sum) to 38 cents per kilometre from the first kilometre. Removal of the time limitation on the...
Austria’s Federal Council (Bundesrat) approved the Tax Amendment Act 2025 (Abgabenänderungsgesetz 2025) on 18 December 2025. The act updates several tax laws and ensures national legislation aligns with EU requirements. It also aims to simplify administration and enhance legal certainty. The legislation amends a wide range of statutes, including the: Income Tax Act 1988, Corporation...