Saturday, August 08, 2026
Sweden’s Ministry of Finance has announced that it is submitting three tax proposals ahead of the autumn budget 2027 on 19 May 2026. The tax proposals are designed to strengthen labour market participation, facilitate skills development and maintain incentives for business investment in research and development. The measures form part of a broader effort to...
The Thai Revenue Department issued a reminder on 25 May 2026 regarding the filing of annual corporate income tax returns (Form PND 50) for companies whose accounting period ran from 1 January to 31 December 2025. The notification outlines the filing requirements, applicable deadlines, available submission channels, and penalties for non-compliance. Filing deadlines Companies required...
The New Zealand Government delivered Budget 2026 to Parliament on 28 May 2026, with Minister of Finance Nicola Willis outlining a strategy aimed at restoring a fiscal surplus by the 2028/29 financial year. To implement the budget proposals, the Taxation (Budget Measures) Bill (No. 3) was introduced on the same day. The Budget emphasises fiscal...
The Spanish Ministry of Finance (MoF) issued a joint statement on 25 May 2026 announcing that negotiations on a Multilateral Convention on the International Tax Dispute Resolution Commission have been concluded. Austria, Bulgaria, Denmark, France, Germany, Ireland, the Netherlands, Poland, Spain and Sweden finalised negotiations of a Multilateral Convention on the International Tax Dispute Resolution...
The UK HM Revenue & Customs (HMRC) has issued a policy paper outlining proposed changes to the tax treatment of foreign permanent establishments, also known as foreign branches on 21 May 2026. For most companies, it will be mandatory for profits and losses attributable to a foreign PE to be exempt from UK tax for...
New Zealand Inland Revenue has released a draft interpretation statement for public consultation titled “GST – Arranging and brokering financial products” on 21 May 2026. The statement guides when intermediaries or brokers involved in the supply of financial products will be treated as making an exempt supply of financial services for GST purposes through “arranging”,...
Sweden’s parliament (Riksdag) approved legislation on 20 May 2026 introducing a withholding tax exemption for dividends paid to foreign states and foreign entities equivalent to Swedish regions, municipalities, or municipal associations. The exemption covers dividends distributed by Swedish limited liability companies, European companies with a registered office in Sweden, as well as Swedish investment funds...
Uruguay has enacted new measures on dividend withholding tax and the taxation of indirect transfers of Uruguayan assets under Law No. 20446 of 16 December 2025, included in the country’s 2025-2029 National Budget. The changes maintain the existing 7% withholding tax on gross dividends distributed to non-residents from profits subject to corporate tax (IRAE), unless...
Taiwan’s Ministry of Finance (MoF) has announced the upcoming income tax return deadline for the year 2025. As of 24 May 2026, 5,076,273 individual income tax returns have been filed, accounting for 72.7% of the total individual income tax returns filed during last year’s statutory filing period (6,982,963); and 839,108 profit-seeking enterprise annual income tax...
Turkey’s Grand National Assembly (TBMM) on 21 May approved Law No. 7582, a broad legislative package containing tax and investment measures, which was first announced by the Turkish President in April 2026. The law introduces amendments to several tax laws, including the Corporate Tax Law, Income Tax Law, Inheritance and Transfer Tax Law, and the...