Tax News | July/August 2025

Tax issues addressed in July and August 2025:

• Government submits draft bill for the “Green Hydrogen Industry Promotion Act (H2V)”
• SII creates, modifies, and eliminates various tax returns for the 2026 tax year
• SII clarifies the valuation and timing for declaring tax on donations of social rights
• VAT on services paid abroad by non-taxpayers and simplified regime