WTO issues report examining falling tariffs, new challenges to global trade

Italy’s Revenue Agency has introduced 33 new tax codes for the F24 payment system covering inheritance and gift taxes, mortgage and land registry fees, penalties, inspections, settlements, and dispute resolutions, effective 16 September 2026.

Qatar has launched the Companies House as a unified registration and licensing hub for businesses in its four special economic zones, consolidating incorporation, licensing, tax, employment, data protection, and immigration services into a single platform.

Liberia has committed to begin automatic exchanges of financial account information under the Common Reporting Standard by September 2028, strengthening its participation in the Global Forum on Transparency and Exchange of Information for Tax Purposes.

North Macedonia has proposed a centralised e-Faktura platform for electronic invoice issuance and validation, with mandatory adoption phased across businesses and public-sector entities from April 2027 and penalties of up to EUR 10,000 for non-compliance. 

The Kenya Revenue Authority will waive penalties and interest attributable to verified iTax system disruptions in September 2026 that affected taxpayers’ return filing and payment services.

Serbia has amended its Law on Fiscalisation, allowing the Tax Administration to immediately shut down businesses that issue fraudulent QR-coded fiscal receipts, with certain violations triggering a one-year prohibition on conducting business.