Italian tax authority clarifies that heirs of a deceased professional must issue VAT invoices on behalf of the deceased and, if the VAT number has ceased, must request its reactivation to pay tax on compensation received after death.

HMRC’s guidance explains that intermediaries can register for the Import One‑Stop Shop (IOSS) scheme from 1 April 2026 and must submit a monthly IOSS VAT return on behalf of each client. The return must capture VAT on low‑value imports to EU and Northern Ireland consumers, use ECB exchange rates, and requires nil returns if no sales occur. Intermediaries must also keep 10‑year records and can correct returns within three years.

Belgium will require all VAT‑registered businesses to exchange B2B invoices electronically via the Peppol network using the BIS Billing 3.0 standard from 1 January 2026. A Q1 2026 grace period allows technical setup without penalties, while non‑resident firms and B2C transactions are exempt. Penalties for non‑compliance start at €1,500 and increase to €5,000 for subsequent offences.

Germany’s national e‑invoicing mandate requires all businesses to receive structured invoices from January 2025 and to transmit them by revenue thresholds, with full coverage by January 2028. The system accepts XRechnung, ZUGFeRD and Peppol BIS formats, all EN 16931 compliant, and mandates 8‑year electronic archiving under GoBD. Non‑compliance can trigger VAT deduction denial, GoBD violations and administrative fines.

The Austrian Federal Ministry of Finance clarified the input VAT deduction rules for commercial vehicle leasing in a Federal Finance Court decision. The ruling states that input VAT can only be deducted when the rental activity is a clear, objectively verifiable commercial operation, not merely asset management, and that leasing to related companies alone does not qualify. The decision applies to intra‑community vehicle purchases and impacts companies claiming VAT on passenger cars used for group leasing.

The Italian Revenue Agency issued Resolution No. 7/2026 on 12 February 2026, clarifying that SPVs can deduct input VAT on transaction costs in merger leveraged buyouts only if the taxpayer qualifies as a taxable person and the goods/services are used for taxable economic activities. Holding companies that merely own shares without management participation cannot deduct input VAT. The resolution also addresses the deductibility for holding companies acting as SPVs.

Bangladesh's National Board of Revenue (NBR) has extended the deadline for filing online VAT returns for the January 2026 tax period by one week, until 22 February 2026. The extension was granted due to holidays and temporary disruptions to the e-challan system and VAT server. Taxpayers can now file through the e‑VAT system until the new deadline.

The OECD’s 2026 report outlines guidance on Digital Continuous Transactional Reporting (DCTR), urging jurisdictions to adopt real‑time VAT transaction reporting and structured e‑invoicing. It highlights the EU’s ViDA initiative, slated for rollout by 2030, and the requirement for intra‑EU invoicing interoperability by 2035. Businesses are advised to modernise ERP and billing systems, improve data quality, and strengthen security to meet the forthcoming digital compliance landscape.

The National Board of Revenue (NBR) in Bangladesh has extended the deadline for filing online VAT returns via its e‑VAT system to 22 February 2026. The extension was granted to accommodate government holidays around Shab‑e‑Barat, a national election, and technical disruptions on 15 February. Taxpayers are urged to submit their January 2026 returns within the new period to avoid penalties.

This HMRC internal manual provides guidance on how VAT applies to local authorities and other government and public bodies in the UK. It covers various categories such as non‑business activities, police authorities, NHS capital projects, and local government partnership programmes. The manual serves as a reference for VAT compliance and exemptions for public sector entities.

Poland's Ministry of Finance has opened a consultation on draft explanations for a VAT exemption covering defense-related supplies financed by the EU SAFE instrument amid the Russia‑Ukraine conflict. The exemption permits suppliers to deduct VAT paid at the preceding stage, requires a VAT exemption certificate stamped by the competent authority of the purchasing entity’s EU country, and applies to the final transaction in the supply chain as well as to supplies and intra‑Community acquisitions.

The Italian Revenue Agency issued Letter No. 35/2026 on 11 February 2026, confirming that a 4 % reduced VAT rate applies to vehicles adapted for individuals with motor disabilities who hold a BS‑category special driving licence with adaptation codes, even without a disability certificate under Law No. 104/1992. The guidance clarifies eligibility requirements and documentation needed for the reduced rate.

The Philippine Court of Tax Appeals issued a decision on Feb. 10, 2026 (CTA Case No. 10561) clarifying the validity of assessments for alleged tax deficiencies. The case involved a domestic corporation claiming entitlement to a 5 % preferential gross income tax rate and a 12 % VAT exemption, arguing that the Commissioner of Revenue had incorrectly applied a 30 % threshold for income from Philippine sources outside the Subic Special Economic and Freeport Zone. The court examined whether the sales in question were within the zone and the implications for the tax assessments.

China’s State Administration of Taxation clarified VAT starting thresholds for the 2026 Value Added Tax Law. Natural persons’ daily threshold rises to RMB 1,000 per transaction, with special rules for continuous transactions and a monthly RMB 100,000 threshold. The announcement also simplifies compliance by deeming filing fulfilled when VAT is invoiced by authorities or withheld, and allows small‑scale taxpayers to waive exemptions transaction‑by‑transaction.

A practical guide to structuring an e-invoicing RFP brief, covering company profiles, project objectives, compliance requirements (including FR 2026 and Poland KSeF), system landscapes, and governance — so vendors can deliver accurate, comparable proposals.

The Chilean Internal Revenue Service issued Letter No. 285 on Feb. 4, clarifying VAT rules for the special construction company credit (CEEC) and urban housing development. The letter confirms that CEEC can be requested at 32.5% or 16.25% if the development is related to housing, and that construction of social housing under state subsidies is not treated as a general construction contract aimed at housing.

The Russian Federal Tax Service announced that the filing deadline for Q1 2026 VAT returns is April 27, 2026. Taxpayers must use a new form that reflects a VAT rate increase to 22% from 20%, along with other changes.

Canada Revenue Agency has confirmed that independent financial advisors will now need to collect and remit GST/HST on trailing commissions from mutual fund dealers, effective July 1, 2026. The rule applies to advisors whose taxable revenue from trailing commissions exceeds $30,000, while dealer employees remain exempt. The CRA’s notice clarifies that trailing commissions are no longer considered financial services for GST purposes.

The Norwegian Tax Administration’s Tax Appeals Board issued Decision No. SKNS1-2025-65 on Feb. 5, 2025, ruling that transferring mature energy‑related development projects to separate project companies (SPVs) via asset sales or demergers does not qualify for a VAT exemption because the projects are not standalone, ongoing economic units. The decision confirms the Tax Office’s view and clarifies the VAT treatment for such transfers.

The Belarusian Ministry of Taxes and Duties clarified on 6 February 2026 that fixed assets used by crypto-asset operators are treated as goods for VAT purposes, and that VAT paid on their importation cannot be deducted. The guidance also specifies that fixed assets directly used in token-related activities are subject to non-deductible VAT. This clarification applies to all crypto-asset operators operating within Belarus.