Signing of Protocol to DTA between Philippines and Italy

The Italian Ministry of Economy and Finance and the Revenue Agency have published coordinated guidance on Global Minimum Tax reporting, including centralised filing procedures for the GloBE Information Return and comprehensive FAQs addressing Pillar

Italy and Paraguay are in negotiations for a bilateral income tax treaty, according to a release from the Italian Paraguayan Chamber of Commerce on 22 June 2026. The discussions come as Paraguay strengthens its position as a strategic investment

Philippines Bureau of Internal Revenue (BIR) has opened a one-time tax abatement program for micro taxpayers on 26 June 2026, offering micro businesses and stop-filers an opportunity to resolve outstanding tax liabilities, clean up their records,

Italy's Council of Ministers has postponed the EUR 2 administrative handling fee on imports below EUR 150 by a further three months. The decision was approved at the Council of Ministers' meeting on 22 June 2026. The fee, which applies to

The Philippines is stepping up efforts to attract foreign investment by expanding its network of double taxation agreements and advancing legislation to implement the OECD's Pillar Two global minimum tax rules. According to a report published by

Italy's Revenue Agency has finalised implementation of DAC8 (Directive (EU) 2023/2226) through a provision signed on 22 June 2026 by Director Vincenzo Carbone. The new rules establish mandatory registration and reporting obligations for