UAE: FTA revises excise tax rules for taxable entities
The UAE Federal Tax Authority has issued an updated guide, Taxable Persons Guide for Excise Tax - ETGTP1, on 2 January 2026. This guide is the main reference guide to Excise Tax in the UAE. It provides you with: an overview of the main
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Saudi Arabia: ZATCA issues guidance on taxation of technical, consulting services
The Saudi Zakat, Tax, and Customs Authority (ZATCA) issued a Tax Bulletin clarifying the treatment of technical and consulting services under the Income Tax Law and applicable Double Taxation Avoidance Agreements on 25 December 2025. The guidance
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Turkey ratifies income tax treaty with Hong Kong
Turkey published Law No. 7569 in the Official Gazette on 26 December 2025, approving the ratification of its income tax treaty with Hong Kong. The agreement, signed on 24 September 2024, aims to prevent double taxation and promote greater tax
See MoreUAE: FTA issues guidance on optional profit margin VAT scheme
The UAE’s Federal Tax Authority (FTA) issued guidance on the Profit Margin Scheme (VATGPM1) on 5 January 2026. The scheme, an optional VAT method, is designed to prevent double taxation on certain goods. The guide outlines eligible goods and
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Zimbabwe: President assents 2026 national budget, maintains gold royalty rateÂ
Zimbabwe’s President has formally approved both the Finance Act and the Appropriation Act, giving legal effect to the measures outlined in the 2026 National Budget. Together, these laws implement the government’s fiscal and tax policy agenda for
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Estonia, Oman income tax treaty enters into force
The income tax treaty between Estonia and Oman entered into force on 24 November 2025. Signed on 27 October 2024, the agreement seeks to prevent double taxation and fiscal evasion between the two nations. Earlier, Estonia published Decision
See MoreTurkey announces 2026 individual income tax rates
Turkey’s Income Tax General Communiqué No. 332, published in the Official Gazette on 31 December 2025, updates individual income tax brackets for 2026. The rates differ slightly between employment and other income types. These changes took
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Malawi: President assents to Value Added (Amendment) Act 2025, raises VAT rate as part of 25-26 budget
Malawi’s President has signed the Value Added (Amendment) Act 2025, raising the VAT rate from 16.5% to 17.5%. The Act received presidential assent on 20 December 2025 and was gazetted on 30 December 2025, entering into force the next day, 31
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Angola: MoF introduces mandatory e-invoicing for large companies from 2026
Angola’s Ministry of Finance (MOF) has confirmed that electronic invoicing (e-invoicing) will become mandatory for large companies from 1 January 2026, with the obligation extending to all companies in 2027. The announcement was made on 9
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UAE: FTA issues guidance on tiered volumetric excise tax for sweetened drinks
The UAE’s Federal Tax Authority (FTA) has issued Excise Tax Public Clarification EXTP013, dated 29 December 2025, detailing the implementation of a tiered volumetric model for Excise Tax on Sweetened Drinks. The new model came into effect for
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Ghana: GRA confirms major VAT reforms in 2025 Act
Ghana’s tax authority, the Ghana Revenue Authority (GRA), on 31 December 2025 issued a notice to all VAT-registered taxpayers outlining the VAT reforms enacted under the Value Added Tax Act, 2025, which will take effect from 1 January
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Hong Kong, Oman commence initial round of tax treaty talks
The Hong Kong Inland Revenue Department (IRD) has announced that officials from Hong Kong and Oman will meet for the first round of talks on an income tax treaty from 5 to 9 January 2026. If successfully concluded, this would mark the first tax
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Amending protocol to tax treaty between Norway, Qatar enters into force
In an update, Norway's government clarified that the protocol amending the 2009 income tax treaty between Norway and Qatar entered into force on 4 September 2025. The amendments modernise the treaty in line with OECD BEPS standards and strengthen
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Qatar: GTA announces filing period for tax returns for 2025 financial year
Qatar’s General Tax Authority (GTA) announced on 31 December 2025 that the tax return filing period for the financial year ended 31 December 2025 will run from 1 January 2026 to 30 April 2026. This comes in compliance with the provisions of
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Bahrain updates DMTT FAQs, VAT deregistration guidance
Bahrain’s National Bureau for Revenue (NBR) has updated its frequently asked questions (FAQs) on the Domestic Minimum Top-up Tax (DMTT), which applies from 1 January 2025. The DMTT introduces a 15% minimum tax on large multinational enterprise
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Israel: Parliament passes law for Pillar 2 global minimum tax
The Israeli parliament (Knesset) approved the Corporate Minimum Tax for Multinational Groups Law in its second and third readings, implementing the OECD’s Pillar 2 rules into domestic legislation on 29 December 2025. The legislation
See MoreUAE: FTA updates corporate advance pricing agreements guidance
The UAE Federal Tax Authority (FTA) has released a new Corporate Tax Guide on Advance Pricing Agreements (CTGAPA1) in December 2025. The guide outlines the procedural framework for APAs and covers an overview of the APA programme, applicable
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South Africa: SARS updates Global Minimum Tax registration guidance
The South African Revenue Service (SARS) has released an informal guidance document on 19 December 2025, outlining the registration and notification procedures for the Global Minimum Tax (GMT). As part of South Africa’s implementation of the
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