Tuesday, February 03, 2026
Mexico’s Tax Administration Service (SAT) has confirmed, on 20 January 2026, that the Proof of Tax Status (Constancia de Situación Fiscal, CSF) is not mandatory for issuing electronic invoices (CFDI). Any issuer who conditions the issuance of a CFDI on the delivery of this document may face fines of up to MXN 122,440. According to...
The OECD announced, on 12 December 2025, that Mauritius signed the Multilateral Competent Authority Agreement on Automatic Exchange of Information under the Crypto-Asset Reporting Framework (CARF MCAA). The CARF MCAA establishes a framework for the automatic exchange of information on crypto-assets, in line with the OECD’s reporting and due diligence standards. Its goal is to...
Belgium’s Federal Public Service Finance (FPS) announced, on 22 January 2026, that it has abolished the annual display tax (advertising tax), effective from 1 January 2026, following the enactment of the Cost Reduction Act of 19 December 2025. The Cost Reduction Act primarily focuses on eliminating specific taxes, such as the duties on bank records...
China’s Ministry of Finance, the State Taxation Administration and the China Securities Regulatory Commission have issued Announcement No. 8 of 2026 on 21 January 2026, setting out temporary tax incentives to support the pilot programme for the domestic issuance of depositary receipts (CDRs) by innovative enterprises. Innovative enterprise CDRs refer to depositary receipts issued domestically...
The OECD has published the revised transfer pricing country profiles, including profiles for Bosnia and Herzegovina, Brazil, Costa Rica, Croatia, Greece, Iceland, Korea (Rep.), and Norway on 22 January 2026. These profiles focus on countries’ domestic legislation regarding key transfer pricing principles, including the arm’s length principle, transfer pricing methods, comparability analysis, intangible property, intra-group...
Turkey’s Ministry of Treasury and Finance has increased the limits for cash refund claims related to withholding tax (WHT). For 2026, the maximum amount eligible for a cash refund without requiring inspection reports rises from TRY 340,000 to TRY 426,000. Where a full certification report from a sworn-in certified public accountant (Yeminli Mali Müşavir, YMM)...
Turkey’s Revenue Administration has set the asset revaluation rate for the fourth interim tax period of 2025 at 25.49%. The announcement was issued on 20 January 2026 through Corporate Tax Law Circular No. 71 (KVK-71 / 2026-1 / Investment Allowance – 57). The rate applies to both commercial and agricultural income and provides businesses with...
Poland has announced the thresholds for several small-taxpayer regimes, including the reduced corporate tax rate, the simplified VAT scheme, the simplified flat-rate tax, and the investment incentive deduction for 2026. The new thresholds correspond to the PLN equivalents of EUR 2 million (for the reduced tax rate, VAT regime, and flat-rate tax) and EUR 50,000...
Croatia issued Ordinance Amending the Ordinance on the Automatic Exchange of Information on 31 December 2025, updating the rules on the automatic exchange of information to align with new EU reporting standards. The amendments introduce fresh obligations and procedures linked to two major EU directives: DAC8 (Council Directive (EU) 2023/2226) of 17 October 2023 DAC8...
Luxembourg has gazetted the municipal rate multipliers for commercial and property taxes for the 2026 tax year. The published tables also provide details of deliberation dates and Grand Ducal approvals throughout 2025, offering transparency on fiscal obligations for businesses across Luxembourg. Communal Commercial Tax Rates for 2026 Commune Deliberation Date Grand Ducal Decree Date ICC...