UAE: FTA clarifies downward transfer pricing adjustment rules under corporate tax law

Brazil and Canada signed a Customs Mutual Administrative Assistance Agreement on 14 July 2026 during their fifth Strategic Partnership Dialogue, while reaffirming their commitment to advance Canada-Mercosul Free Trade Agreement negotiations.

US lawmakers urged the Trump administration to block imports of partially finished solar cells known as "blue wafers," which manufacturers use to circumvent tariffs and claim federal tax credits meant for domestic production.

Sri Lanka clarifies major VAT reforms introducing tax on cross-border digital services, new exemptions, a higher financial services VAT rate, stricter compliance obligations and tougher penalties for tax offences. 

Germany's government has announced a 26-point package to combat tax evasion and financial crime, proposing tougher criminal penalties, expanded investigative powers, artificial intelligence-driven fraud detection, and stricter compliance requirements for businesses. 

The Dominican Republic's DGII has launched a public consultation on draft rules clarifying the tax treatment of software transactions, including licensing, SaaS, associated services and cross-border payments under Law No. 30-26.

The Dominican Republic's DGII has launched a public consultation on draft rules implementing the accelerated depreciation regime for new industrial machinery and equipment introduced by Law No. 30-26. Comments are due by 15 September 2026.