Tuesday, March 17, 2026
The amending protocol to the Andorra–European Union Automatic Exchange of Information Agreement, signed on 13 October 2025, will come into effect on 1 January 2026. The key measures involve updating the Common Reporting Standard (CRS) to align with the EU Council Directive 2023/2226 (DAC8) by 1 January 2026. This includes expanding CRS coverage to encompass...
Uruguay’s Senate has confirmed the effective date for the qualified minimum domestic top-up tax (QMDTT) in the 2025–2029 Budget Bill amendments on 3 December 2025. The Senate-approved amendments establish that the tax will take effect from the law’s enactment date, replacing the previous reference to the parliamentary sanction date. The QMDTT is expected to apply...
Chile’s Chamber of Deputies (the lower house of Congress) approved a bill on 3 December 2025 during session No. 98a/373, as noted in Bulletin No. 17777-05. The legislation, proposed by the Executive Branch, aims to introduce tax incentives to encourage domestic consumption of green hydrogen and related products (H2V). The bill will now move to...
The Italian Revenue Agency, through the measure issued on 10 December 2025, has defined the procedures for verifying compliance by entities intending to apply the special cross-border VAT exemption regime. The measure follows the implementation, by Legislative Decree No. 180/2024, of Directive (EU) 2020/285, which introduced significant amendments to the EU VAT system for small...
Hong Kong’s Inland Revenue Department (HKIRD) has launched a public consultation on 9 December 2025 on the implementation of the Crypto-Asset Reporting Framework (CARF) and amendments in relation to the Common Reporting Standard (CRS) promulgated by the Organisation for Economic Co-operation and Development (OECD) in Hong Kong. Hong Kong has long been supportive of international...
Qatar’s General Tax Authority (GTA) announced the launch of the “Tabadol” portal for submitting Country-by-Country Reports (CbCR) for the 2024 fiscal year, along with notifications for 2025, on 10 December 2025. The submission deadline is set for 31 December 2025. The “Tabadol” portal is an electronic platform dedicated to exchange tax information with relevant authorities...
France has introduced new measures to reinforce the administration’s ability to detect and penalise abusive transfer pricing practices, following the publication of updates linked to Article 116 of Finance Act No. 2023-1322 of 29 December 2023 for 2024. This announcement was made on 10 December 2025. The reforms apply to multinational enterprises and focus on...
Norway’s parliament passed the proposed 2026 Budget bill on 5 December 2025. This follows Norway’s government’s presentation of its 2026 state and national budget proposals on 15 October 2025. The bill boosts welfare, defence, and climate measures, lowers certain taxes to support households, closes loopholes and scales back EV incentives, and sets a fiscal strategy...
New Hampshire’s Department of Revenue (DRA) announced that its one-time tax amnesty program, enacted under H.B. 2 in June, began on 1 December 2025 and will continue until 15 February 2026. Amnesty is available to any taxpayer who has a delinquent tax return or has not paid a tax that was due on or before...
Brazil’s Federal Revenue Service (RFB) has released Normative Instruction No. 2291 of 14 November 2025, which updates the country’s crypto-asset reporting rules to align with the OECD Crypto-Asset Reporting Framework (CARF). The Federal Revenue Service (RFB) announced this development on 17 November 2025. The FRB is updating its reporting procedures for cryptocurrency transactions, which have...