Saudi Arabia and Hungary sign a DTA

Hungary’s tax authorities released comprehensive guidance on 13 May 2026 addressing the reporting requirements for global minimum tax obligations. This guidance provides taxpayers with clarity on the detailed data submissions required under

Hungary has gazetted the Act XIV of 2026 on 9 May 2026, introducing various amendments and measures that entered into force on 14 May 2026. The Act also elevates certain provisions of government decrees to a statutory level, including those of

Hungary’s National Tax and Customs Administration (NAV) has published an explanatory guide to the GloBE Information Return (GIR) XML schema, aligned with OECD definitions, to clarify data reporting requirements under the country’s DAC9

The Bahrain Shura Council (upper house) gave its approval to the law for the ratification of the income tax treaty with Saudi Arabia during its 29th session held on 10 May 2026. Signed on 3 December 2025, the provisions of the agreement apply to

Bahrain’s Council of Representatives has confirmed its approval of the law ratifying the income tax treaty with Saudi Arabia at its first extraordinary session held on 7 May 2026. Bahrain and Saudi Arabia signed a tax treaty on 3 December 2025.

The European Commission announced on 28 April 2026 that it has decided to refer Hungary to the Court of Justice of the European Union for failing to bring its retail tax regime in line with the freedom of establishment guaranteed by Articles 49 and