US targets interim USMCA deals with Mexico, Canada by year-end as full overhaul slips to 2027
US Trade Representative Jamieson Greer told the Senate Finance Committee on 22 July 2026 that the Trump administration aims to lock in separate interim trade arrangements with Mexico and Canada...
Read MorePoland eases transfer pricing compliance, payment penalties
Poland's Council of Ministers approved amendments to the income tax law that eliminate penalties for off-list contractor payments and streamline transfer pricing disclosures for related-party transactions, with changes rolling out from summer 2026 through January 2027.
Read MoreTanzania enacts Finance Act 2026 with excise, VAT, compliance measures
The Finance Act, 2026 introduces new excise duty rates, expands VAT and tax compliance rules, revises export taxes and establishes new funding mechanisms for mining, infrastructure and local government.
Read MoreSingapore adds related party transaction reporting to corporate tax compliance focus
IRAS updated its corporate tax compliance guidance, introducing the timely and accurate filing of the Form for Reporting Related Party Transactions (RPT Form) as a new area of ongoing audit focus while reaffirming its risk-based approach to monitoring tax compliance.
Read MoreAustralia: ATO raises Division 7A benchmark interest rate for 2026β27
The Australian Taxation Office has increased the Division 7A benchmark interest rate for the income year ending 30 June 2027, while also updating historical rates, guidance for substituted accounting periods, and Division 7A calculation tools.Β
Read MoreNigeria begins e-invoicing compliance monitoring ahead of July deadline
NRS has begun monitoring compliance with the National e-Invoicing & electronic fiscal system (EFS) for large taxpayers and has directed those yet to complete implementation to achieve full compliance by 31 July 2026.
Read MoreGreece simplifies application process for investor flat-tax regime for new tax residents
AADE has streamlined the application process for the alternative tax regime for foreign-source income available to new tax residents investing in Greece.
Read MoreBangladesh opens 2026-27 individual tax return filing, mandates e-return requirement
Bangladesh has launched its 2026-27 individual income tax return filing season, making online filing mandatory for most taxpayers while introducing an early filing incentive of up to 5% of the net tax payable.
Read MoreAustralia: ATO announces ESIC reporting deadline
The ATO has reminded early stage innovation companies (ESIC) that the annual information report for the 2025β26 financial year must be lodged by 31 July 2026.
Read MoreChina lowers threshold for special tax treatment of assets and liabilities in business reorganisations
State Taxation Administration Announcement No. 13 of 2026, issued 8 July 2026, reduces the shareholder consent threshold for special tax deferral treatment on mergers and demergers to more than 50% from a prior consensus requirement, effective for restructuring transactions dated 1 January 2026 onwards.
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Corporate Tax
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Thailand approves draft decree to expand, extend tax incentives for Social Enterprises
23 July, 2026
Thailand's Cabinet approved in principle a draft Royal Decree under the
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Italy confirms cross-border UCITS mergers are tax-neutral for investors
23 July, 2026
Italian investors holding shares in collective investment funds can now
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Australia: ATO announces ESIC reporting deadline
23 July, 2026
The Australian Taxation Office (ATO) announced, on 22 July 2026, that the
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Singapore adds related party transaction reporting to corporate tax compliance focus
23 July, 2026
The Inland Revenue Authority of Singapore (IRAS) has updated its Getting
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China lowers threshold for special tax treatment of assets and liabilities in business reorganisations
23 July, 2026
China's State Taxation Administration (STA) has issued Announcement No. 13
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Transfer Pricing
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Poland eases transfer pricing compliance, payment penalties
23 July, 2026
The Polish Council of Ministers approved amendments to the Personal Income
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Hungary publishes new transfer pricing documentation guidance
22 July, 2026
Hungary has introduced a revised transfer pricing (TP) documentation
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Netherlands consults bill targeting compliance simplifications, adjustment of reorganisation facilities, hybrid entity changes
21 July, 2026
The Dutch government has put forward a comprehensive legislative package
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South Africa: SARS publishes Advance Pricing Agreement implementation webpage
21 July, 2026
The South African Revenue Service (SARS) has published a dedicated webpage
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Chile: SII, mining authority push advance pricing agreements to lock in transfer prices
21 July, 2026
Chile's tax authority (SII) announced on 20 July 2026 that SII and
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Tax Policy
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Australia: ATO raises Division 7A benchmark interest rate for 2026β27
23 July, 2026
The Australian Taxation Office (ATO) has updated the Division 7A benchmark
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Algeria completes ratification of mutual assistance convention
23 July, 2026
Algeria deposited its instrument of ratification for the OECDβCouncil of
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South Africa: SARS updates interest rates on taxes, refunds, credit amounts
23 July, 2026
The South African Revenue Service (SARS) has released updated interest
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Ireland publishes report on proposed eWHT consultation
23 July, 2026
The Irish Department of Finance and Revenue published the report on the
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Taiwan clarifies business tax registration rules for influencers
23 July, 2026
Taiwanβs Northern Region National Taxation Bureau of the Ministry of
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Tax Treaty
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Australia updates guidance on R&D tax incentive eligibility for associated foreign corporations
The Australian Taxation Office (ATO) updated its guidance on 13 July 2026 regarding the eligibility requirements for research and development
Read MoreOECD releases new assessment of Pillar Two Global Minimum Tax economic effects
The OECD has published a new analysis examining the economic impacts of the Pillar Two Global Minimum Tax, with the findings presented during a
Read MoreSri Lanka: IRD postpones implementation of VAT on non-resident e-services
Sri Lankan Inland Revenue Department has issued SEC/PN/VAT/2026-02 on 31 March 2026, notifying taxpayers of a further delay in the implementation of
Read MoreEU states push back on plans to tax transport fuelsΒ
The European Commission faces a pushback from ten member states over its strategy to impose a carbon price on heating and transport fuels. On 15 July
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