Luxembourg clarifies Pillar Two compliance, registration, transitional requirements
New guidance from Luxembourg’s tax authority outlines registration, reporting and transitional requirements under the Pillar Two Law, including obligations for constituent entities, filing tolerances and tax assessment procedures.
Read MoreTurkey extends preferential WHT treatment for treasury-backed securities
Presidential Decision No. 11444 prolongs the preferential 0% withholding tax treatment for income and gains from government bonds, Treasury bills and certain Treasury-backed lease certificates until 31 December 2026.
Read MorePhilippines: BIR begins preparations for implementation of Pillar Two QDMTT
The Philippines' Bureau of Internal Revenue (BIR) announced that it has begun preparations for a proposed Qualified Domestic Minimum Top-Up Tax, following a 3 June 2026 meeting between the Commissioner and the Department of Finance on the draft Qualified Domestic Minimum Top-Up Tax of 2026 Bill.
Read MoreBrazil: RFB refines CSLL additional tax framework under GloBE rules
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.
Read MoreNigeria: Federal government issues transition guidelines for Tax Acts 2025
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.
Read MoreCanada: Spring Economic Update 2026 receives Royal Assent
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.
Read MoreGermany updates guidance on permanent establishments under domestic, international tax law
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.
Read MoreIndia increases export excise duty on diesel, aviation turbine fuel
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.
Read MoreSri Lanka unveils major tax law changes covering income, WHT, registration
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.
Read MoreSaudi Arabia: ZATCA issues reminder on May 2026 VAT return filing deadline
Saudi Arabia's ZATCA Reminds High-Revenue Businesses to File VAT Returns.
Read MorePillar Two
Corporate Tax
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Luxembourg clarifies Pillar Two compliance, registration, transitional requirements
23 June, 2026
Luxembourg’s Administration of Direct Contributions (ACD), on 17 June
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Philippines: BIR begins preparations for implementation of Pillar Two QDMTT
23 June, 2026
The Philippines Bureau of Internal Revenue (BIR) announced on 11 June
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Finland establishes permanent tax residency framework for foreign investment funds
22 June, 2026
The President of Finland ratified a law that brings amendments to the
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CJEU Advocate General supports Luxembourg’s ATAD transposition on securitisation entities from interest limitation rules
22 June, 2026
The Advocate General (AG) Juliane Kokott of the Court of Justice of the
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Poland gazettes notice identifying 44 jurisdictions with QIIR, 49 with QDMTT under GloBE rules
22 June, 2026
Poland has issued a notice identifying jurisdictions, other than Poland,
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Transfer Pricing
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Peru: SUNAT extends deadline for local file submissions 2025
22 June, 2026
Peru's National Superintendency of Customs and Tax Administration (SUNAT)
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Vietnam clarifies reporting obligations under CbC MCAA
19 June, 2026
Vietnam's Department of Taxation has released Official Letter No.
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Romania issues draft order to replace 2016 transfer pricing rules with OECD-aligned framework
18 June, 2026
Romania’s National Agency for Fiscal Administration has issued a draft
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UK: HMRC consults draft International Controlled Transactions Schedule (ICTS)
18 June, 2026
The UK’s His Majesty's Revenue and Customs (HMRC) has launched a
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Taiwan: MOF clarifies reasonable interest on inter-company lending arrangements
17 June, 2026
Taiwan's Ministry of Finance (MoF) has released a notice on 1 June 2026,
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Tax Policy
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Singapore updates GST InvoiceNow guidance ahead of nationwide rollout
22 June, 2026
Singapore's Inland Revenue Authority (IRAS) has updated its guidance on
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Switzerland completes MLI procedures for Argentina treaty, effective from 2027
22 June, 2026
Switzerland has completed the domestic steps required for the Multilateral
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Nigeria: Federal government issues transition guidelines for Tax Acts 2025
22 June, 2026
Nigeria’s Federal Ministry of Finance announced, on 18 June 2026, that
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Canada: Spring Economic Update 2026 receives Royal Assent
22 June, 2026
Canada’s Department of Finance announced that Bill C‑30, An Act to
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Austria: Draft Budget Accompanying Act 2027–2028 sets out progressive CIT rate
19 June, 2026
Austria’s government has submitted the Draft Budget Accompanying Act
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Tax Treaty
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UK: HMRC consults close company participator reporting
The UK’s HM Revenue & Customs (HMRC) has initiated a public consultation on proposed rules for reporting transactions between close companies
Read MoreOECD issues new guidance on Pillar Two global minimum tax compliance
The OECD has released crucial administrative guidance to help multinational corporations navigate the complex filing requirements of the Pillar Two
Read MoreOECD publishes updated GIR MCAA signatories list
The Organisation for Economic Co-operation and Development (OECD), on 29 May 2026, released an updated list of signatories to the Multilateral
Read MoreBelgium: Tax authority extends GIR notification filing deadline
Belgium’s tax authorities announced, on 12 June 2026, that it has postponed the deadline for multinational enterprises and large domestic groups to
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