Tax Updates – October 2026

This edition of Tax Updates brings to you an overview of GCC and Global tax developments of October. A sneak peek into the October Tax Updates –

• UAE: New decisions on e-Invoicing Service Provider accreditation, amendments to the e-Invoicing System framework, and administrative penalties for e-Invoicing violations.
• GCC: Austria–Qatar protocol amending the Double Taxation Agreement and Bahrain's updated Excise Tax Guide on refunds for re-exported goods.
• International: OECD updates on the 2025 Model Tax Convention and Pillar Two GloBE Information Return XML Schema. Hong Kong extends Profits Tax filing deadlines and introduces IP tax deduction reforms. The US announces tax relief and administrative measures, and the UK introduces mandatory VAT e-Invoicing requirements, cryptoasset VAT guidance and Budget 2026 measures.

Stay updated with the latest UAE Corporate Tax, VAT, FTA announcements, GCC tax developments and international tax regulations with CLA Emirates.

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