On 29 October 2026, the State Revenue Committee (SRC) issued a formal notice to all registered taxpayers reminding them of critical upcoming deadlines for corporate income tax (CIT) advance payments, VAT returns, and the mandatory transition to the new electronic invoicing format (e-invoice 2.0). The notice also highlighted recent amendments to the Tax Code affecting the calculation of thin capitalization limits and the treatment of foreign exchange differences. Taxpayers were urged to verify their registration details in the unified taxpayer portal and to ensure their digital signatures are valid for electronic submission.
Key Takeaways
- Filing Deadlines: CIT advance payments for Q3 2026 are due by 25 November 2026; VAT returns for October 2026 must be filed by 20 November 2026.
- E-Invoicing Upgrade: All VAT-registered entities must migrate to e-invoice 2.0 by 1 January 2027, featuring real-time validation and QR code integration for B2C transactions.
- Thin Capitalization Update: The debt-to-equity ratio threshold for related-party loans has been reduced from 4:1 to 3:1, effective 1 January 2027, impacting interest deductibility for leveraged subsidiaries.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement