Cyprus has extended the 0% VAT rate on essential goods such as baby products, hygiene items, and fresh fruit and vegetables until 31 December 2026 to support households amid the cost-of-living pressures. Retailers must keep these items zero-rated in their systems throughout 2026, while the standard VAT rate remains 19% and other reduced rates continue to apply The Cypriot government has officially... Read more

State Taxation Administration issued Announcement No. 2 of 2026, effective 1 January 2026, introducing stricter rules for general VAT taxpayer registration with retroactive effect. Taxpayers exceeding the small-scale sales threshold must register (with limited exemptions), certain sectors are mandatorily included, and late registration leads to automatic backdated reclassification and filing corre... Read more

The tax-free scheme refunds VAT to non-EU travellers exporting goods from the Czech Republic, with strict conditions. Sellers must comply with procedures, and refunds processed through a new system launching on 1 April 2026. The tax-free scheme (Section 84 of the VAT Act) refunds VAT to travellers from third countries who buy goods in the Czech Republic and export them from the EU in personal lugg... Read more

Brazil operates a nationwide software-based fiscalization system as of January 1, 2026, requiring the issuance of electronic fiscal documents (NFC-e or NF-e) for sales to end consumers, including e-commerce transactions, under a centralized legal framework governed mainly by SINIEF adjustments and ICMS rules. Read more

Malaysia has delayed mandatory MyInvois e-invoicing for businesses with RM1m–RM5m (€190k – €980k) turnover to 1 January 2027, with an extended penalty-free transition, citing readiness and cost concerns. This follows the increase of the exemption threshold to RM1 million, which removes smaller businesses from the scope and cancels the RM500k–RM1m rollout. Larger taxpayers remain on the existing ti... Read more

The KOBAK Portal, operated by Hungary’s NAV, is the mandatory central platform for registering, activating, and managing the full lifecycle of both online and e-cash registers under the new digital fiscal rules. Read more

This document explains Slovakia’s fiscal and e-commerce framework, focusing on mandatory fiscalization via the eKasa system, real-time reporting of cash and cash-equivalent transactions, and the conditions under which e-commerce activities are exempt from using cash registers. It also outlines the legal basis and general requirements for distance selling, consumer information duties, and payment scenarios (online payment, bank transfer, and cash on delivery) and clearly distinguishes when fiscal receipts are required versus when non-fiscal proof of sale is sufficient. Read more

Inland Revenue Department confirmed that Pillar Two top-up tax filings in Hong Kong will be mandatory via an electronic portal from January 2026. In-scope Part 4AA entities must submit notifications and returns through the new Pillar Two Portal, accessed via the Business Tax Portal (BTP), using an organisational e-cert with AEOI functions. While Pillar Two applies to fiscal years starting 1 Januar... Read more

From 2026, most businesses selling to consumers in Poland must use cash registers, with exemptions mainly based on a PLN 20,000 turnover threshold, specific exempt industries, or payment methods such as bank transfers and mail order sales. The rules apply through 2027 and exclude B2B sales, real estate, and depreciable fixed assets from the turnover test. As we enter 2026, new tax regulations are... Read more

Romania introduced a new 5-working-day deadline for sending invoices to RO e-Factura from 1 January 2026, while invoices issued up to 31 December 2025 remain subject to the old 5-calendar-day rule even if their deadline falls in 2026. This creates a clear legal cut-off: 2025 invoices must be reported within calendar days, and only 2026 invoices benefit from the working-day calculation. Romania cha... Read more

Bulgaria joined the Eurozone on 1 January 2026 and has launched strict price-monitoring and dual-pricing rules to prevent hidden price increases, with the tax authority cross-checking retail prices against VAT data and inspecting key consumer sectors. The lev remains usable only until 31 January 2026, after which the euro becomes the sole legal tender, while mandatory dual price display in lev and... Read more

Brazil’s PLP 108/2024 puts its new dual VAT system into operation, introducing a federal CBS (8.8%) and a state-municipal IBS (17.7%) to replace PIS, COFINS, ICMS and ISS between 2026 and 2033, alongside a new Selective Tax on products like alcohol and tobacco. The law creates a national IBS authority, sets detailed technical and sector rules, and provides transition, anti-evasion and social measu... Read more

Turkey set a minimum VAT refund threshold of 164,000 TL for 2026, meaning only refundable VAT above this amount can be claimed back, under a circular published on 31 December 2025. Read more

Germany has published new legally binding VAT return and advance-payment forms for 2026, released on 29 December 2025 and mandatory for all VAT filings via ELSTER. Read more