Saudi Arabia and Hungary sign a DTA

Bahrain issued Law (32) of 2026 on 14 June 2026, approving the ratification of the income tax treaty with Saudi Arabia. Signed on 3 December 2025, the provisions of the agreement apply to Bahrain corporate income tax as well as Saudi Zakat and

Saudi Arabia's Zakat, Tax and Customs Authority (ZATCA), on 21 June 2026, reminded VAT-registered businesses with revenues from goods and services exceeding SAR 40 million to submit their VAT returns for May 2026 by 30 June 2026. ZATCA urged

Saudi Arabia’s Council of Ministers has approved amendments to the GCC Unified VAT Agreement on covering cross-border supplies within the Gulf, VAT recovery mechanisms, import VAT collection, and the sharing of tax information between member state

Hungary's National Tax and Customs Administration (NAV) has announced the release of the Factsheet for Global Minimum Tax Reporting (DAC9/GIR) on 4 June 2026. The factsheet provides practical guidance for multinational and large domestic

Hungary's National Tax and Customs Administration (NAV) has introduced an expanded version of Form 24GLBADO to streamline reporting of the country's additional global minimum tax requirements. The form, initially used for advance qualified domestic

Saudi Zakat, Tax and Customs Authority (ZATCA) has urged establishments subject to excise tax to file their tax returns for March and April 2026, on a date no later than 31 May 2026. ZATCA has called on establishments to expedite filing their tax