Saturday, September 19, 2026
Romania has published Order No. 827/2026 and Order No. 828/2026 in the Official Gazette on 30 June 2026. Order No. 827 revises the procedures and application requirements for issuing and modifying advance pricing agreements (APAs), while Order No. 828 updates the transfer pricing documentation rules to align with the 2022 OECD Transfer Pricing Guidelines. Order...
The UK and Sweden have agreed a Memorandum of Understanding (MOU) establishing detailed procedures for conducting arbitration under Article 23 of the Convention between the UK of Great Britain and Northern Ireland and the Kingdom of Sweden for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income...
Lithuania has published Law No. XV-1065, signed on 25 June 2026, introducing new rules for the calculation and payment of social insurance contributions for employees who work for multiple employers. The amendments to Article 10 of the Law on State Social Insurance of the Republic of Lithuania address cases where an insured person is employed...
The Australian Taxation Office (ATO) announced on 7 July 2026 that the Better Targeted Super Concessions (Division 296) are now law and will come into effect for the 2026–27 financial year onwards. That means from 1 July 2026, individuals with TSBs above the: Large super balance threshold (LSBT) — set at AUD 3 million for...
Australia has enacted the Treasury Laws Amendment (Tax Reform No. 1) Act 2026 (Act No. 49 of 2026) and the Income Tax Rates Amendment (Tax Reform No. 1) Act 2026 (Act No. 50 of 2026), with both Acts receiving the royal assent on 26 June 2026. Treasury Laws Amendment (Tax Reform No. 1) Act 2026...
Taiwan’s National Taxation Bureau of the Southern Area, Ministry of Finance, stated that if the total value of property given by a donor to others within the same year does not exceed the tax exemption amount (starting from 2022, the exemption amount is TWD 2,440,000), the donor is exempt from filing a gift tax return....
The UAE’s Federal Tax Authority (FTA) has published an updated Education Sector VAT Tax Guide (VATGED1), providing detailed guidance on the VAT treatment of educational services and related goods and services. The June 2026 guide explains the VAT treatment of supplies made by educational institutions, including tuition, accommodation, healthcare, transport, scholarships, grants and input tax...
Russia’s State Duma has approved, in the first reading, a Ministry of Finance bill that would introduce tax incentives for administrators of employee incentive programmes by extending an existing tax exemption. This announcement was made on 7 July 2026. Under the current rules, income received by international companies from the sale of additionally issued shares...
China has renewed its package of unemployment insurance incentives for another year, running from 1 January 2026 to 31 December 2026. The State Council-approved notice, issued on 18 June 2026 to provincial governments and the Xinjiang Production and Construction Corps, keeps three existing subsidy tracks running while tightening fraud controls. Premium refunds and hiring subsidies...
The UK Supreme Court ruled on 17 June 2026 that payments received by partners under a deferred remuneration scheme are taxable as miscellaneous income under section 687 of ITTOIA 2005, upholding the Court of Appeal’s decision in HMRC v HFFX LLP [2026] UKSC 17. The judgment pertains to a tax dispute between HMRC and HFFX...