Saturday, August 08, 2026
Bosnia and Herzegovina’s Federal Ministry of Finance has introduced amendments to the Rulebook on the Allocation of Identification Numbers, Registration and Identification, and Records of Taxpayers in the Territory of the Federation of Bosnia and Herzegovina. The changes were published in the Official Gazette of the Federation of BiH No. 35/26 on 13 May 2026....
The Austrian Parliament (Nationalrat) approved on 21 May 2026 a draft bill introducing a reduced Value Added Tax (VAT) rate on staple foods. The measure forms part of the Austrian Value Added Tax Reform Act 2026 and still requires approval by the Federal Council (Bundesrat) before enactment. The reform introduces a new 4.9% VAT rate...
Indonesia’s tax authority, the Directorate General of Taxes (DGT) has given companies an extra month to submit their annual tax returns, pushing the deadline from 30 April to 31 May 2026. Director General of Taxes Bimo Wijayanto announced on Thursday, 30 April, during a visit to the Menteng Dua Tax Office in Jakarta. The extension...
Benin and the Netherlands signed an income tax agreement in Cotonou on 21 May 2026. The agreement is aimed at preventing double taxation while strengthening measures against tax avoidance and evasion. The treaty aligns with current OECD/G20 Base Erosion and Profit Shifting (BEPS) standards and incorporates modern international tax practices. Recognising Benin’s status as a...
The ATAF, in partnership with GIZ, officially piloted the Training on Tax Transparency covering Beneficial Ownership and Exchange of Information in Johannesburg, South Africa on 18 May 2026. The training is the pilot of two training modules (BO and EOI respectively) on tax transparency and it brings together 21 tax officials from 10 Southern African...
The US Internal Revenue Service (IRS) is weighing whether to require taxpayers to disclose their citizenship status on 2026 tax forms, according to sources familiar with the discussions. The move would represent the Trump administration’s latest effort to integrate immigration enforcement across federal agencies. Two versions under review IRS officials are evaluating two versions of...
The Argentine Customs Collection and Control Agency (ARCA) announced on 22 May 2026 that it has granted taxpayers additional time to file and pay their 2025 tax returns, moving the deadline to 27 July 2026. The extension applies to Income Tax, Personal Assets Tax, and Cedular Tax filings for the 2025 fiscal year. Both individual...
The European Union reached a provisional agreement on Wednesday, 20 May 2026, to eliminate import duties on US goods, moving to avert threatened American tariffs after months of tense negotiations. European Commission President Ursula von der Leyen called the development a demonstration that “a deal is a deal, and the EU honours its commitments.” The...
The UK’s tax authority, His Majesty’s Revenue and Customs (HMRC) issued guidance on 18 May 2026 setting out the application process for a new targeted advance assurance scheme for research and development (R&D) tax relief claims. The guidance is aimed at small and medium-sized enterprises (SMEs). The targeted advance assurance process, also referred to as...
Saudi Zakat, Tax and Customs Authority (ZATCA) has urged establishments subject to excise tax to file their tax returns for March and April 2026, on a date no later than 31 May 2026. ZATCA has called on establishments to expedite filing their tax returns through its website (zatca.gov.sa) to avoid the penalty for failing to...