Australia: ATO issues guidance on GIR XML file requirements for globe information return

22 June, 2026

The Australian Taxation Office has clarified key data elements for the GloBE Information Return XML file, including the BBDM wrapper, RecJurCode, MessageRefID/DocRefID formats, and the GIR's five-part schema structure.

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Brazil: RFB refines CSLL additional tax framework under GloBE rules

22 June, 2026

Brazil's Federal Revenue Service clarified operating rules for the Additional CSLL tax under the OECD's GloBE framework, allowing multinational groups greater flexibility in payment concentration and fiscal year alignment.

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US announces initiation of Section 301 investigation of Germany’s underpayment for pharmaceuticals

22 June, 2026

USTR Jamieson Greer has launched a Section 301 investigation into whether Germany's persistent underpayment for innovative pharmaceutical products is unreasonable or discriminatory, with concerns heightened by reported German legislation that would further cut spending on innovative drugs. 

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Peru: SUNAT extends deadline for local file submissions 2025

22 June, 2026

Peru's tax authority, SUNAT, has extended the deadline for filing the 2025 Local File (Virtual Form No. 3560) to October 2026 as it updates the form to reflect changes introduced by Legislative Decree No. 1663.

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Nigeria: Federal government issues transition guidelines for Tax Acts 2025

22 June, 2026

Nigeria's Federal Ministry of Finance issued transition guidelines on 18 June 2026 to direct taxpayers and stakeholders on implementing the Tax Acts 2025 framework, which applies from 1 January 2026, while preserving existing tax incentives and ensuring non-retroactive application of the new laws.

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Canada: Spring Economic Update 2026 receives Royal Assent

22 June, 2026

Canada’s Bill C-30 received Royal Assent on 19 June 2026, introducing measures to reduce household costs through fuel tax relief, CPP contribution cuts, and expanded homebuying assistance, alongside initiatives to support workers, businesses, and Canada's economic competitiveness. 

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Germany updates guidance on permanent establishments under domestic, international tax law

22 June, 2026

New administrative principles issued by the Ministry of Finance clarify the determination of permanent establishments and permanent representatives, including rules for home offices, desk-sharing arrangements, construction projects and digital business activities.

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India increases export excise duty on diesel, aviation turbine fuel

22 June, 2026

India has increased the special additional excise duty (SAED) on exports of diesel and aviation turbine fuel (ATF) through two Central Excise notifications, raising the rates to INR 14 per litre and INR 12.50 per litre respectively from 16 June 2026. 

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Sri Lanka unveils major tax law changes covering income, WHT, registration

22 June, 2026

Sri Lanka has enacted the Inland Revenue (Amendment) Act, No. 11 of 2026, introducing extensive changes to the Inland Revenue Act, No. 24 of 2017, including revised capital gains tax rates, expanded withholding tax obligations, new Taxpayer Identification Number (TIN) requirements, changes to residence rules, and enhanced compliance and enforcement measures.

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Saudi Arabia: ZATCA issues reminder on May 2026 VAT return filing deadline

22 June, 2026

Saudi Arabia's ZATCA Reminds High-Revenue Businesses to File VAT Returns.

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