Monday, April 27, 2026
Italy has released the new Consolidated VAT Code (Testo Unico IVA), which reorganises VAT legislation into a single framework. Published following Legislative Decree no. 10 of 19 January 2026, and approved by the Council of Ministers on 22 December 2025, the code merges prior regulations, including Presidential Decree No. 633/1972 and Decree Law No. 331/1993,...
Belgium’s parliament has adopted a bill amending the minimum tax law to implement the EU Minimum Taxation Directive (Directive (EU) 2022/2523). The bill was approved on 18 December 2025 and published in the Official Gazette on 30 December 2025. The full text of the law, dated 19 December 2025, appears in Official Gazette No. 294...
Irish Revenue has released eBriefs 022/26 on 28 January 2026 and eBrie 028/26 on 3 February 2026 providing updated guidance on accelerated capital allowances introduced under the Finance Act 2025. Accelerated capital allowances The following two Tax and Duty Manuals (TDMs) have been updated: Tax and Duty Manual Part 09-02-06 – Accelerated wear and tear...
The Internal Revenue Service (SRI) issued ResolutioNAC-DGERCGC26-00000001 on 9 January 2026, amending Resolution NAC-DGERCGC25-00000004 to update the submission schedule for the “Formulario Informativo Actividades Mineras” (Mining Activities Information Form). Under the resolution, all persons subject to the form must submit it monthly for the activities carried out, even if no activities occurred. Deadlines are determined...
Colombia’s tax authority (DIAN) issued Ruling No. 0158 of 26 January 2026, clarifying how expenses supported by documents from persons not obligated to issue invoices (DSNO) can be deducted. The ruling permits DSNOs that are generated and transmitted in the year following a transaction to be used for tax deductions, provided it can be demonstrated...
Ecuador’s Internal Revenue Service (SRI) has issued Resolution No. NAC-DGERCGC26-00000004 on 6 February 2026, establishing coefficients for presumptive tax assessments for the 2024 fiscal year. The resolution allows the SRI to determine income tax when a direct assessment is not possible due to missing or incomplete tax returns, insufficient documentation, lack of accounting records, or...
Vietnam has signalled plans to increase imports from the US, focusing on machinery, high-technology products, and energy resources, as the two countries conduct the sixth round of negotiations on the Vietnam–US Fair and Balanced Reciprocal Trade Agreement. Acting Trade Minister Le Manh Hung met with US energy, industrial, and aviation companies, including Apple, ExxonMobil, and...
Austria has issued an official promulgation notice concerning the Multilateral Competent Authority Agreement on Automatic Exchange of Information pursuant to the Crypto-Asset Reporting Framework (CARF MCAA) on 29 January 2026. Under the promulgation notice, the Multilateral Agreement is deemed to have been signed by the competent Austrian authority in line with a declaration submitted on...
Rwanda has gazetted the ratification of its income tax treaty with Hong Kong, which was formalised in Law No. 004/2026 on 1 February 2026. The agreement, originally signed on 9 October 2025, sets the framework for cross-border taxation and investment. The treaty will enter into force once ratification instruments are exchanged. In Hong Kong, it...
The income tax treaty between Italy and Kosovo, signed on 22 June 2021, entered into force on 21 December 2025 and applies from 1 January 2026. This agreement aims to eliminate double taxation on income and prevent tax evasion and avoidance between the two countries. It covers personal and corporate income taxes in both countries,...