Saturday, September 19, 2026
Vietnam has published Decree No. 255/2026/ND-CP, issued on 30 June 2026, introducing a new framework for tax administration of enterprises engaged in related-party transactions. The Decree sets out the principles, methods and compliance requirements for determining transaction prices and costs for corporate income tax (CIT) purposes, while replacing Decree No. 132/2020/NĐ-CP. The Decree applies to...
The European Commission issued reasoned opinions to Belgium, Bulgaria, and Cyprus for failing to fully transpose Directive (EU) 2025/872 (DAC9), which establishes rules for the filing and exchange of GloBE Information Returns (top-up tax information returns) as part of its infringement package published on 7 July 2026. Commission calls on Belgium, Bulgaria and Cyprus to...
The Uruguayan Senate approved the income tax treaty with Qatar on 7 July 2026. The treaty applies to Qatari income tax and corporate tax. On the Uruguayan side, it covers income tax on economic activities, personal income tax, non-resident income tax, and social security assistance tax. The agreement sets Withholding Tax rates at 5% on...
Austria’s National Council approved the protocol to the 2000 income and capital tax treaty with Uzbekistan on 7 July 2026. The protocol updates the treaty preamble to align with BEPS standards, revises the dual-resident rule for non-individuals, and updates the definition of dividends under Article 10. It also replaces Article 26 (Exchange of Information) to...
Botswana has announced the re-enactment of the Income Tax Act and the Value Added Tax (VAT) Act, amendments to the Customs Act, and the introduction of a new Tax Administration Act aimed at harmonising administrative and procedural rules for both Income Tax and VAT. According to a public notice, the new Tax Administration Act establishes...
France has received a reasoned opinion from the European Commission, as outlined in its July 2026 infringements package published on 7 July 2026, for failing to fulfil its obligations to provide all the IT functionalities required to enable the exchange of information between Member States from 1 January 2025 under Directive (EU) 2020/285 on the...
Romania has published Order No. 750/2026, issued by the President of the National Agency for Fiscal Administration, approving the model and content of Form (F8000) for use by reporting crypto asset service providers. The final Order introduces the official reporting form without making significant changes to the draft version released for public consultation in March...
The European Commission has opened infringement procedures against Germany, France and Italy over national rules governing the taxation of dividends received from subsidiaries in other EU Member States, saying the legislation is incompatible with the Parent-Subsidiary Directive. The action is part of the Commission’s July 2026 infringements package, published on 7 July 2026, which sets...
The UAE has updated the guidance for its domestic Pillar Two regime by issuing Ministerial Decision No. 96 of 2026 on the Commentary and Agreed Administrative Guidance for the Purposes of Cabinet Decision No. 142 of 2024 on the Imposition of Top-Up Tax on Multinational Enterprises. The Decision adopts the OECD’s latest interpretative materials for...
Pakistan’s Federal Board of Revenue (FBR) has published the Finance Act 2026, enacted on 26 June 2026, introducing a wide range of amendments to the Income Tax Ordinance, 2001 covering personal taxation, digital tax administration, withholding taxes, compliance and dispute resolution. Business taxation The Finance Act provides a 10% tax credit of the invested amount...