Tuesday, April 07, 2026
Turkey’s Revenue Administration has published Presidential Decree No. 11107 in the Official Gazette (No. 33206) on 27 March 2026, increasing the withholding tax rate on gains from participation shares in equity-intensive funds that are not traded on the Turkish Electronic Fund Trading Platform (TEFAS). The new rate of 17.5% applies to gains from participation units...
Poland’s Ministry of Finance has introduced emergency tax relief measures on 31 March 2026 to offset surging fuel costs triggered by the escalating conflict in the Middle East. The Finance and Economy Ministry announced a temporary VAT reduction on motor fuels from 23% to 8%, effective from 31 March 2026 through 30 April 2026. Alongside...
India has enacted the Finance Act 2026 on 30 March 2026, giving legal effect to the tax and fiscal measures announced in the Union Budget for 2026–2027. It introduces several changes that will affect businesses, the IT sector, investors and individual taxpayers. Some of the key provisions include: Corporate tax The minimum alternate tax rate...
The Cyprus Tax Department announced, on 26 March 2026, the introduction of a temporary change in how certain contributions are paid for the 2026 tax year. For the time being, taxpayers will make payments for the following contributions directly through the Tax Portal (https://taxportal.mof.gov.cy/) without filing a declaration via TAXISnet: Defence and Health (GeSY) withholding...
The Dutch Government has published the Spring Memorandum 2026, updating the 2026 budget and outlining forward-looking plans, including a range of tax measures. Key provisions reflect those agreed in the Coalition Agreement for 2026–2030, released in January 2026. The Spring Memorandum is an update of the budget for 2026 and an outlook on the plans...
The Australian Taxation Office (ATO) has released a notice on 26 March 2026 outlining four essential steps for businesses to comply with their fringe benefits tax (FBT) obligations for the year ending 31 March 2026. The FBT year runs from 1 April 2025 to 31 March 2026. A smoother FBT tax time starts with getting...
The Belgian Ministry of Finance has released Circular 2026/C/45 on 19 March 2026, introducing an addendum to the transfer pricing guidance set out in Circular 2020/C/35. The Circular clarifies how multinational enterprises should apply streamlined transfer pricing methods to qualifying distribution transactions. This update incorporates the OECD Report on Amount B into Belgian administrative practice,...
Taiwan’s Taxation Administration has announced that the statutory payment period for the vehicle license tax of 2026 is 1 April 2026 to 30 April 2026. Taxpayers are reminded to complete payment within the given timeframe. The Taxation Administration states that in order to provide multiple convenient channels to pay tax, the Ministry of Finance provides...
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance clarified that businesses exclusively engaged in the sale of unprocessed fresh agricultural, forestry, fishery, and livestock products, including by-products, are exempt from business tax and may be exempt from tax registration. However, they are still required to report their profits in accordance with the...
Taiwan’s Northern District National Taxation Bureau of the Ministry of Finance has clarified that when a profit-seeking enterprise purchases land but registers it under another person’s name and later sells it, such a transaction constitutes a transfer of creditor’s rights. Accordingly, the enterprise must pay corporate income tax in accordance with the law, and the...