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A Treasury consultation sets out three reporting tracks. The proposed dates differ, and key crypto reporting details still depend on further instruments.
India’s October notification confirms an August entry into force. Investors using Mauritian structures should revisit treaty-benefit claims and the evidence supporting them.
The 2027 budget bill combines rate reductions, longer loss relief and stronger investment credits. GCC groups should model the package before treating any measure as available relief.
Loss relief, access to tax benefits and compliance costs can change an expansion case. A new OECD report puts cash flow and business growth alongside headline tax rates.
IRAS guidance separates qualifying expenditure-based incentives from income-based relief. Investment models need a scheme-by-scheme review, not a headline-rate shortcut.
Government amendment I-3734 is a proposal, not enacted relief. Groups with French operations should distinguish IIR/UTPR protection from domestic top-up tax.
A recovery in crude flows is not the same as relief in delivered fuel costs. GCC businesses should test both exposures separately.
The airline’s first Japanese lease-financing transaction opens another funding channel. The wider programme remains partly prospective and its pricing is undisclosed.
Budget 2027 signals a hub-and-treasury opportunity. GCC groups should evaluate qualifying income and operating substance before pricing in a tax saving.
Eligible individuals should distinguish paid-tax refunds from cancellation of unpaid liabilities and penalty relief.
Listed vehicles face a lower Chinese export rebate from 1 April 2027; GCC buyers should review classification, export timing and pricing clauses.
New confidentiality and cybersecurity guidance offers a reference for tax administrations; a separate AI resource is available on request.
On 10 February 2026, Kuwait’s Ministry of Finance presented the draft budget for 2026/27, the fiscal year from 1 April 2026 to 31 March 2027. The announcement projected total revenue of KD 16.3 billion.
Kuwait’s Ministry of Finance portal offers Domestic Minimum Top-up Tax registration as an electronic service. Its public instructions state that every Constituent Entity must have a valid registration number.
Oman issued Royal Decree No. 56/2025 on Personal Income Tax. The Tax Authority says the law contains 76 articles across 16 chapters and will enter into force at the beginning of 2028.
The Council agreed key elements of its negotiating position on the market integration and supervision package on 9 October. The position still requires finalisation and formal adoption; negotiations can begin once Parliament adopts its own position.
On 15 September the European Parliament adopted amendments to the proposal extending the Carbon Border Adjustment Mechanism to downstream goods and strengthening anti-circumvention measures. The file, 2025/0419(COD), was referred back to committee for interinstitutional negotiations.
The Council formally adopted amendments to the ETS2 market stability reserve on 9 October. The changes are intended to improve liquidity and contain excessive allowance-price increases ahead of the system's planned full launch in 2028.
The Council removed Panama and Viet Nam from Annex I of the EU list on 9 October and moved them to Annex II pending further Global Forum reviews. Belize was removed from Annex II after fulfilling its commitments.
An IMF analysis published on 5 October argues that stronger anti-avoidance rules are changing international corporate-tax competition. Its evidence indicates that reported profits have become less responsive to tax-rate differences, while real investment has become more responsive.
The Central Bank of Kuwait announced a KWD 100 million public-debt issuance on 23 September, comprising Treasury Bonds and related public-debt Tawarruq. The seven-year issue was placed through a competitive auction at a uniform yield of 3.625%.
On 11 September the OECD/G20 Inclusive Framework released a full legislative-review methodology, an updated GloBE Information Return and administrative guidance. The package addresses consistency between implementing jurisdictions and the information multinational groups supply.
Oman Tax Authority Decision No. 189/2026, issued 3 August and published in Official Gazette issue 1660, provides mandatory commencement from 1 April 2027 for taxable persons whose annual supplies exceed OMR 5 million. Those whose annual supplies do not exceed OMR 5 million follow from 1 October 2027.
Oman's Foreign Ministry confirms that Oman and Rwanda signed an agreement addressing avoidance of double taxation on 8 September 2026 in Salalah. It was part of a package containing two agreements and six memoranda of understanding.
Qatar's General Tax Authority announced a signed agreement with Tanzania covering the avoidance of double taxation of income and the prevention of tax evasion and avoidance. The GTA news index dates the announcement 29 September 2026.