Saturday, August 08, 2026
Belgium has gazetted the Royal Decree of 10 May 2026 on 18 May 2026, establishing an updated list of 122 partner jurisdictions for the automatic exchange of financial account information in Belgium, in accordance with the Common Reporting Standard (CRS). This comprehensive list reflects recent international developments, specifically adding Cameroon, Montenegro, Rwanda, Senegal, and Trinidad...
Bahrain’s King has ratified Law 18 of 2026 on 17 May 2026, which officially approves the country’s income tax treaty with Jersey. Signed on 15 September 2025, the agreement establishes a framework to eliminate double taxation on income while preventing tax evasion and avoidance between the two countries. Both the Shura Council and the Council...
Italy’s government has finalised its fuel decree with the publication of Conversion Law Number 79/2026 in the Official Journal on 16 May 2026. The legislation makes Legislative Decree number 33/2026 into permanent law, maintaining reduced excise duties on petroleum products and introducing targeted support for transportation and fishing industries affected by volatile international oil markets....
Italy’s Revenue Agency has announced, on 14 May 2026, that it has updated its list of countries involved in the automatic exchange of financial account information, following a provision issued by the Department of Finance and the Revenue Agency on 12 May 2026. The new measure modifies the annexes to the 28 December 2015 ministerial...
The Nigeria Revenue Service (NRS), in collaboration with the Joint Revenue Board (JRB), in a press release on 18 May 2026, has notified the public of the implementation of the Taxpayer Identification (Tax ID), in line with Sections 6, 7 and 8 of the Nigeria Tax Administration Act, 2025, which mandate every taxable person in...
Romania’s Ministry of Finance announced on 18 May 2026 that it has supported an amendment adopted in the Budget-Finance Committee of the Chamber of Deputies, which simplifies the rules for using the RO e-Invoice system. The amendment, which modifies Emergency Ordinance no. 120/2021 on the national RO e-Invoice system, was taken up and supported by...
Companies that invested in capital goods within Southern Italy’s Special Economic Zone last year can now utilise a supplementary tax credit through the newly established code 7041. The Revenue Agency introduced this code through Resolution no. 18, issued on 15 May 2026, specifically for the additional tax benefit outlined in the 2026 budget law. The...
Hong Kong’s Legislative Council (LegCo) announced on 18 May 2026 that it set to reconvene on 20 May 2026 to continue deliberations on key legislative and policy matters, including the resumed Second Reading debate on the Stamp Duty (Amendment) Bill 2026. Appendix 1 Prof Hon Michael NGAI’s motion on “Strengthening Hong Kong’s function as an...
The Malta Tax and Customs Administration has announced that the online service for filing Personal Income Tax Returns for the Year of Assessment 2026 (Basis Year 2025) is now available. Taxpayers can access the service through mytax.mtca.gov.mt. The administration encouraged taxpayers to use the online services. Taxpayers can call servizz.gov offices for assistance and guidance.
The UAE Federal Tax Authority (FTA) has announced, on 14 May 2026, that more than 68,600 taxable persons benefited from the Corporate Tax Late Registration Penalty Waiver initiative during 2025 and the early part of 2026, as the country continues to expand support measures linked to its corporate tax regime. The initiative, introduced under a...