Australia: ATO issues additional guidance on public CbC reporting
The guidance outlines several benefits of voluntary registration. The Australian Taxation Office (ATO) released additional guidance on its public country-by-country (CbC) regime on 12 June 2025. The guidance outlines several benefits of voluntary registration, which include simplifying public
Read MoreMalta: Revenue publishes overview of key 2025 income tax Act amendments
Malta’s Revenue outlines key 2025 income tax act amendments, covering deductions, tax bands and reliefs. Malta's Commissioner for Revenue published a memo on 13 June 2025 outlining amendments to the Income Tax Act (ITA) introduced by the Budget
Read MoreNorway consults on Pillar Two minimum tax amendments
The consultation addresses deferred and cross-border taxes, pass-through entities, hybrid arrangements, securitisation entities and technical corrections. The Norwegian government has announced a public consultation regarding the changes to the
Read MoreSlovak Republic: MoF consults DAC9, Pillar Two implementation bill
DAC9 introduces new rules for sharing top-up tax information and filing obligations under the Pillar Two GMT Directive (Directive (EU) 2022/2523). The Slovak Republic's Ministry of Finance has opened a public consultation on a draft bill to
Read MoreNetherlands: House of Representatives approve tax treaty with Curacao and San Marino
The tax treaty aims to prevent double taxation and curb tax evasion in cross-border transactions between Curacao and San Marino. The Netherlands’ House of Representatives approved the income and capital tax treaty between Curacao and San Marino
Read MoreUAE: FTA publishes updated corporate tax self registration manual
The updated corporate tax self-registration manual aims to simplify the registration process on the EmaraTax portal. The UAE Federal Tax Authority (FTA) released Version 3.0.0.0 of the Corporate Tax Self-Registration – Taxpayer User Manual on
Read MoreVietnam: National Assembly approves revised corporate tax law, introduces improved incentives
The amended CIT Law introduces new rules on capital transfers, revised SME rates, and targeted tax incentives. Vietnam’s National Assembly approved the amended Law on Corporate Income Tax (CIT) (Amended CIT Law) on 14 June 2025. The updated
Read MoreCzech Republic, Japan negotiates new tax treaty
The treaty will update and replace the 1977 tax agreement between Japan and the former Czechoslovakia. Japan's Ministry of Foreign Affairs has announced that negotiations for a new income tax treaty with the Czech Republic began on 16 June
Read MoreUS: Trump Administration finalises US-UK economic prosperity deal
The fact sheet details the executive order signed the previous day to implement the US-UK Economic Prosperity Deal. The Trump Administration released a Fact Sheet on 17 June 12025, detailing the executive order signed the previous day titled
Read MoreCorporate Tax
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Slovak Republic: MoF consults DAC9, Pillar Two implementation bill
18 June, 2025
DAC9 introduces new rules for sharing top-up tax information and filing
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UAE: FTA publishes updated corporate tax self registration manual
18 June, 2025
The updated corporate tax self-registration manual aims to simplify the
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Vietnam: National Assembly approves revised corporate tax law, introduces improved incentives
18 June, 2025
The amended CIT Law introduces new rules on capital transfers, revised SME
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US: Senate bill proposes higher tax credit for CO2 use in oil production
18 June, 2025
The panel proposed equalizing the tax credit for using captured carbon in
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Malta: Revenue publishes overview of key 2025 income tax Act amendments
18 June, 2025
Malta’s Revenue outlines key 2025 income tax act amendments, covering
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Norway consults on Pillar Two minimum tax amendments
18 June, 2025
The consultation addresses deferred and cross-border taxes, pass-through
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Uganda presents 2025–26 budget, proposes income tax exemption for start-ups
17 June, 2025
Uganda's Ministry of Finance unveiled a UGX 72.136 trillion national
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Tanzania presents 2025-26 budget, introduces withholding tax and higher AMT
17 June, 2025
The budget speech highlighted key fiscal changes, which included a new
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US: Senate proposes phasing out solar, wind tax credits
17 June, 2025
The proposal accelerates the expiration of renewable energy subsidies
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Vietnam: Parliament approves gradual tax rise on beer and strong alcohol by 2031
16 June, 2025
Vietnam plans to raise taxes on beer and strong alcohol to 90% by
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Transfer Pricing
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Australia: ATO issues additional guidance on public CbC reporting
18 June, 2025
The guidance outlines several benefits of voluntary registration. The Australian Taxation Office (ATO) released additional guidance on its public country-by-country (CbC) regime on 12 June 2025. The guidance outlines several benefits of voluntary registration, which include
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Switzerland updates MCAA CbC report exchange list, adding Cameroon and Mongolia
16 June, 2025
Switzerland has added Cameroon and Mongolia to the CbC reporting framework under the MCAA exchange network, effective 1 January 2024. Switzerland published Decision No. RO 2025 380 in the Official Gazette on 11 June 2025, announcing an update to the list of jurisdictions
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Kenya: National Treasury publishes budget statement 2025-26, reduces corporate and digital tax rates
16 June, 2025
Kenya's National Treasury has released the 2025-26 Budget Statement on 12 June 2025. Kenya's National Treasury published the 2025-26 Budget Statement on 12 June 2025, outlining key tax measures aligning with proposals highlighted in the 2025 Finance Bill. Reduced corporate
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Germany finalises 2025 automatic financial information exchange list
13 June, 2025
Germany has confirmed 115 jurisdictions for the 2025 automatic exchange of financial account information, with reporting due by 31 July 2025. The German Ministry of Finance released the final list of 115 jurisdictions participating in the automatic exchange of financial
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Ecuador extends transfer pricing filing deadlines for 2024
13 June, 2025
Ecuador has extended the 2024 transfer pricing filing deadlines to September 2025 for qualifying taxpayers. Ecuador’s Internal Revenue Service (SRI) published Resolution No. NAC-DGERCGC25-00000012 in the Official Gazette on 7 June 2025, extending key filing deadlines for
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Slovak Republic: Parliament passes DAC8 crypto-asset reporting bill
12 June, 2025
The Slovak Parliament approved a bill to implement DAC8, introducing new reporting and due diligence rules for crypto-asset service providers. The Slovak Republic’s Parliament approved the draft bill to implement Council Directive (EU) 2023/2226 (DAC8) on 10 June 2025,
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Switzerland: Federal Council adopts dispatch approving the list of 74 partner states for AEOI concerning cryptoassets
11 June, 2025
From 2026, Switzerland will begin automatic crypto asset data exchange with 74 compliant partner countries, including the EU and UK. The Swiss Federal Council approved a list of 74 partner countries for the automatic exchange of information (AEOI) on crypto assets.
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Greece expands list of jurisdictions for financial information exchange under CRS
10 June, 2025
The Greek Public Revenue Authority (AADE) has expanded the lists of reportable and participating jurisdictions for financial data exchanges under the CRS. The Greek Public Revenue Authority (AADE) has issued Circular A.1069 on 20 May 2025, updating the jurisdictions
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Australia: BoT consults on revised tax transparency code to align with public CbC reporting
10 June, 2025
Australia’s Board of Taxation has launched a consultation on 5 June 2025, proposing updates to simplify the Voluntary Tax Transparency Code (VTTC). Australia’s Board of Taxation (BoT), which oversees Australia's Voluntary Tax Transparency Code (VTTC), has released a
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Gabon: Council of Ministers ratifies BEPS MLI and mutual assistance convention
05 June, 2025
Gabon approved the ratification of the Multilateral Convention to Prevent Base Erosion and Profit Shifting (MLI) on 30 May 2025. Gabon's Council of Ministers approved ratifying the Multilateral Convention to Prevent Base Erosion and Profit Shifting (MLI) on 30 May
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Most Read
WTO: Global Trade Outlook and Statistics
In October 2024 the WTO published the latest Global Trade Outlook and Statistics. In the latest issue the WTO has revised its forecast for world
Read MoreGermany releases 2025 CRS reporting list with new jurisdictions
The German Federal Central Tax Office has published a provisional list of jurisdictions for the Common Reporting Standard (CRS) financial account
Read MoreNamibia announces 2024/25 budget with new tax measures
On 28 February 2024, Namibia delivered the 2024/25 Budget. The key tax provisions in the budget statement include: Individual income tax The
Read MoreBangladesh to raise cigarette prices with higher taxes in budget for 2024-25 fiscal year
Cigarette prices are set to go up following an increase in supplementary duty and value-added tax (VAT) announced in Bangladesh’s national
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