Intelligence

Italy's 2025 Budget Law significantly reformed cryptocurrency taxation, raising capital gains rates to 33% from 2026 and eliminating the previous €2,000 annual threshold. Understanding these changes is crucial for anyone holding crypto-assets in Italy, as new reporting obligations and tax rates now apply to all realized gains, staking rewards, and other crypto-related proceeds.

The Netherlands has introduced public country-by-country reporting requirements for large multinational groups with consolidated revenue above EUR 750 million. These new rules will make tax data publicly accessible through the Dutch trade register, allowing journalists, NGOs, investors and competitors to review tax information by jurisdiction. Groups with a calendar financial year must publish their first report by the end of 2026, covering the 2025 financial year.

Özet: Ülkemizde spor kulüpleri tarafından sporculara yapılan ücret ödemeleri üzerinden 193 sayılı GVK’nın geçici 72. Maddesine göre 31/12/2028 tarihine kadar farklı durumlara göre sabit olarak...

The Bangalore bench of the Income Tax Appellate Tribunal (‘ITAT’) has held that ESOP expenditure cross-charged by a foreign holding company to its Indian subsidiary is allowable as a deduction under section 37(1) of the Income-tax Act, 1961 ('Act'). The Tribunal reiterated that ESOP discount constitutes employee compensation and gives rise to an ascertained liability during the vesting period and that the possibility of future forfeiture, non-exercise of options, or issuance of a valuation report after the financial year-end does not render the liability contingent or hypothetical.

From 5 October 2026, the Cyprus Tax Department will no longer accept email requests to register or amend bank account details for tax refunds. All IBAN changes must be submitted exclusively through...

Canada's proposed Productivity Mega Deduction introduces significant changes to the tax treatment of Canadian development expenses in mining flow-through share financings. The new rules would allow immediate 100% deductions for qualifying CDE incurred after September 15, 2026, potentially reshaping how mining companies structure their exploration and development financing strategies.