Switzerland: Council of States approves amending protocol to tax treaty with Croatia

The Swiss Council of States approved ratification of the protocol to the 1978 income and capital tax treaty with Belgium on 9 March 2026. Signed on 16 July 2025, the protocol introduces minimum standards for the treaty, including an anti-abuse

The Italian tax authorities have issued Ruling Answer No. 70/2026, which addresses a specific tax query regarding whether a Swiss cantonal tax—the "Capital Tax"—can be deducted from the Italian taxes due under the Controlled Foreign Company

According to an OECD update published on 3 March 2026, three new jurisdictions have joined the Common Reporting Standard framework by signing the addendum to the Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account

Croatia became a signatory to the CARF multilateral exchange agreement on 24 December 2025, joining the international framework for automatic sharing of crypto-asset tax information between jurisdictions, according to an OECD update from 3 March

According to an update from the OECD dated 3 March 2026, Croatia signed the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 12 December 2025. The agreement facilitates the automatic exchange of GloBE

Croatia’s government has presented an amendment to the Value Added Tax (VAT) Act on 27 February 2026, extending the 5% reduced VAT rate on key energy products beyond 31 March 2026. Without this extension, energy prices would rise from 1 April