Turkey reintroduces fuel price stabilisation mechanism, revises SCT

Small-scale business owners whose operations are interrupted by heavy rain or other natural disasters may apply for tax relief on disaster-related losses, the Central Region National Taxation Bureau of the Ministry of Finance has said. 

Irish Revenue has published eBrief No. 043/26 announcing updates to the Employers’ Guide to Pay As You Earn (PAYE), reflecting revisions to multiple chapters of the guidance.

The OECD Global Forum's 2026 Capacity-Building Report reveals that member jurisdictions have identified EUR 135 billion in additional tax revenues since 2009 — with developing countries accounting for 70% of the EUR 4 billion newly identified in 2024 alone — as capacity-building efforts reached record levels, with training delivered to over 20,000 officials across 111 jurisdictions in 2025.

The EU and Canada have launched negotiations for a Digital Trade Agreement that builds on nine years of CETA implementation, aiming to establish binding rules on consumer data protection, paperless trade, and cross-border digital transactions — as digital trade accounts for over 60% of global GDP and the EU remains the world's leading exporter and importer of digitally deliverable services. 

Bolivia's new Supreme Decree 5563 introduces a comprehensive tax reform package designed to stimulate economic growth through reinvestment incentives for foreign companies, accelerated depreciation benefits for businesses, expanded deductions for self-employed professionals, and bad debt relief provisions—all aimed at attracting international capital and supporting domestic enterprises.

Nigeria's Ministry of Finance has signed the Presumptive Tax Regulations framework into effect, introducing a uniform sub-national tax structure that exempts small businesses with annual turnover below NGN 12 million, imposes a 1% levy on eligible informal sector operators, and bans cash collection and roadblock enforcement — in a bid to formalise the informal economy and broaden the country's tax base without increasing rates.