US delays 50% additional tariffs on certain Canadian goods

The Dutch State Secretary for Finance published Decree No. 2026-262957 on 6 August 2026, replacing the 2022 framework for corporate split-ups under Article 14a with tighter anti-abuse rules, clearer conditions for tax-deferred transfers, and expanded guidance on loss carry-forwards and retroactive alignment.

Brazil’s Federal Revenue, the Management Committee of the Goods and Services Tax (CGIBS) and the Federal Accounting Council (CFC) have aligned procedures for implementing the National Tax Compliance Plan (PNCT), with a focus on tax documents and accountants’ responsibilities during the Consumption Tax Reform transition.

Taiwan’s Kaohsiung National Taxation Bureau has reminded businesses that the 2026 provisional corporate income tax filing period runs from 1 to 30 September. Under revised rules, separately calculated Land and Buildings Consolidated Tax from the previous year is excluded from the standard provisional payment calculation.

BFH has upheld the constitutionality of minimum taxation rules but ordered the tax authorities to reconsider equitable relief after loss carryforward restrictions resulted in a permanent tax burden for a company in liquidation. The ruling in case I R 20/25 clarifies that while minimum taxation remains valid, exceptional circumstances may warrant relief under § 163 of the Fiscal Code (AO).

The US Treasury and IRS have proposed regulations allowing controlled foreign corporations to elect out of recognising certain Section 987 foreign currency gains and losses on QBU remittances, aiming to reduce compliance burdens while introducing consistency requirements and safeguards for inbound nonrecognition transactions.

Brazil's Federal Revenue Service has moved the application deadline for the Simplified National Tax Regime to September 2026, requiring micro and small businesses to decide their tax status three months earlier than the traditional January window in response to the incoming consumption tax reform.