Ukraine: Parliament passes 2027 budget draft at first reading

SARS has published guidance on the preferential income tax treatment available to qualifying companies in designated special economic zones, including a 15% corporate rate under Section 12R.

Poland’s Senate approved Bill No. 3147 on 27 October 2026, proposing changes to PIT, increasing the CIT rate for large taxpayers to 22%, removing automatic PIT bracket indexation and scrapping a proposed 17% lump-sum tax on business revenue exceeding EUR 300,000.

Parliament has approved in the first reading a bill to keep the 50% corporate income tax rate on bank profits through 2027, with the budget expected to gain UAH 50 billion.

Hong Kong’s Legislative Council is scheduled to resume the Second Reading debate on the 2026 crypto-asset reporting and amended Common Reporting Standard bill on 4 November 2026. 

The EU and Canada have concluded negotiations on a Digital Trade Agreement to facilitate cross-border digital trade, support trusted data flows, reduce barriers for businesses and strengthen consumer protections, building on their existing trade and digital partnership. 

Brazil has extended the deadline to 30 December 2026 for taxpayers to join tax settlement programmes under Transaction Notices No. 9 and No. 10 of 2026, giving individuals and companies more time to settle tax debts under the offered conditions and discounts.