Tuesday, March 17, 2026
India and France will make revisions to the 1992 income and capital tax treaty, introducing key changes aimed at reducing the tax burden on cross-border investments and modernising treaty rules. Under the proposed amending protocol, the withholding tax on dividends paid to French investors holding at least 10% of an Indian company’s capital would fall...
Portugal’s Council of Ministers approved the ratification of the new income and capital tax treaty with the UK on 11 December 2025. Portugal and the UK signed an income tax treaty on 15 September 2025. The agreement aims to prevent or reduce double taxation between the two countries. When in force, it will supersede the...
Ghana’s President John Dramani Mahama signed the COVID-19 Health Recovery Levy Repeal Act 2025 into law on 10 December 2025, ending the 1% levy on goods, services, and imports from January 2026. The repeal fulfills a key campaign promise, as the President had repeatedly described the tax as unfair and unnecessary, given that the pandemic...
The Ministry of Finance announced an anti-dumping investigation into cold-rolled flat-rolled non-directional electromagnetic steel imported from Korea (Rep.) and mainland China on 15 December 2025. The Customs Administration of the Ministry of Finance stated that China Steel Corporation applied for the imposition of anti-dumping duties, provisional anti-dumping duties, and retroactive anti-dumping duties on imported cold-rolled...
Cyprus and Vietnam signed an income tax treaty on 15 September 2025. The Agreement aims to strengthen and further develop trade and economic relations between the two countries, ensuring fair treatment while preventing opportunities for tax evasion or avoidance. It establishes clear rules for the tax treatment of transactions between states, providing investors with certainty...
The Government of Montenegro adopted a series of draft laws, amendments, and international agreements on 11 December 2025 during a telephone session held without a formal meeting. The Government’s Public Relations Service made the announcement on 12 December 2025. Key measures include amendments to the Excise Duties Act, the Law on Contributions for Mandatory Social...
Ireland’s tax authority has issued updated rules on VAT deductibility for insurance and reinsurance activities. The guidance, published in the Tax and Duty Manual, defines life insurance, non-life insurance, and reinsurance, and confirms that supplies to EU policyholders remain VAT exempt. The purpose of this guidance is to outline the VAT deductibility rules that apply...
Brazil’s Chamber of Deputies has approved Complementary Bill 125/2022, which creates the Taxpayer Defence Code. This framework sets out the general rights, guarantees, and responsibilities of taxpayers, as well as the procedures governing their interactions with the tax administration. The latest legislative proposal outlines a fundamental restructuring of the relationship between the federal government and...
Britain will start regulating crypto assets from October 2027, the finance ministry announced on Monday, 15 December 2025. Legislation was set to be introduced in parliament later the same day, extending existing financial rules to crypto companies. This regulation aligns the UK with the US approach, diverging from the EU’s industry-specific rules. Finance minister Rachel...
Denmark’s Parliament passed Bill L 23 on 27 November 2025, introducing measures to implement Council Directive (EU) 2025/872 of 14 April 2025 (DAC9). The updated rules allow the automatic exchange of Top-up tax information returns under Directive (EU) 2022/2523 (Pillar 2) and ultimate parent companies or their designated filing entities within an MNE group to...