Saturday, June 27, 2026
The Australian Taxation Office (ATO) announced yesterday, 7 April 2026, that the fuel tax credit rates had changed on 1 April 2026, following a 60.9% temporary reduction in fuel excise. This is because fuel tax credit rates are based on the amount of excise duty payable on fuel. As different fuel tax credit rates apply...
The Qatar General Tax Authority (GTA) has released guidance on the Pillar Two Global Minimum Tax, including user manuals, relevant legislation and regulations, and a set of frequently asked questions (FAQs). Qatar’s Global Minimum Tax Qatar’s Global and Domestic Minimum Tax reflects Qatar’s strong commitment to international tax standards and alignment with the OECD’s Pillar...
Finland’s Tax Administration has reminded taxpayers, on 2 April 2026, of the approaching deadline for submitting corporate tax returns for accounting periods ending in December 2025, with filings due by 30 April 2026. A range of entities, including limited liability companies, housing or real estate companies, associations, foundations, municipalities, and foreign corporations are required to...
The Russian Federal Tax Service has issued a reminder that individuals are required to submit the annual notification on controlled foreign companies (CFCs) for the 2025 tax year by 30 April 2026. This obligation applies regardless of the financial performance of the foreign companies. Where exemptions from taxation of a CFC’s profits exist, individuals must...
The Swiss Federal Tax Administration (FTA) on 7 April 2026 released official statements clarifying how Switzerland will apply the Pillar Two Side-by-Side Package and related administrative guidance on Article 9.1 of the Global Anti-Base Erosion Model Rules (GloBE Rules). The statements address both the timing of safe harbour rules and the treatment of deferred tax...
The Sultanate of Oman issued Royal Decree No. 8/2026 on 12 January 2026, establishing the International Financial Centre of Oman (IFC Oman). Effective 13 January 2026 upon its publication in the Official Gazette, IFC Oman will operate with legal personality and financial independence, reporting directly to the Deputy Prime Minister for Economy and Finance. The...
The UAE Ministry of Finance (MoF) has announced, on 1 April 2026, amendments to Cabinet Decision No. (74) of 2023 On the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures, pursuant to the amendments introduced under Federal Decree-Law No. (28) of 2022 on Tax Procedures, as amended, which entered into force...
The Department of the Treasury and the Internal Revenue Service issued guidance on 6 April 2026 to the Chief Executive Officers of any State, the District of Columbia, and US territories regarding the procedure for nominating population census tracts to be designated as qualified opportunity zones (QOZs) under the One, Big, Beautiful Bill. “Permanently extending...
With the 15 April tax deadline fast approaching, the Internal Revenue Service (IRS) reminded taxpayers on 3 April 2026 that there is still time to file their federal income tax return electronically and request direct deposit for any refund due. Taxpayers can avoid interest and some penalties by filing their tax return, and if they...
Austria and France have formally signed the Multilateral Competent Authority Agreement on the Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI MCAA) on 17 March 2026 and 30 March 2026, respectively, the OECD has confirmed. The DPI MCAA establishes a framework for the automatic exchange of information under the OECD Model Rules...