Brazil launches tax calculator for betting, fantasy sports winnings
Brazil’s tax authority, the Federal Revenue Service (RFB) unveiled a digital tool on 2 March 2026 to help citizens calculate income tax on earnings from betting platforms (BETs) and fantasy sports competitions. Taxpayers must use data from
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Romania: Emergency Ordinance targets R&D, green tech, strategic investments
Romania has published Emergency Ordinance No. 8 of 24 February 2026 in the Official Gazette, which introduced a comprehensive package of fiscal and investment measures aimed at supporting economic recovery. Emergency Ordinance no. 8/2026
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Belgium approves new tax measures, includes deduction rules for purchased, leased vehicles
Belgium has published a tax bill in the Official Gazette No. 2026001286 on 27 February 2026, introducing various technical updates, notably revising the deduction rules for company cars purchased, leased, or rented before 1 January 2026. This
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US: IRS revises Section 987 income, foreign currency rules
The US Internal Revenue Service (IRS) has released Notice 2026-17, addressing revisions to the rules for calculating taxable income or loss and foreign currency gain or loss related to a qualified business unit under Section 987. Notice 2026-17:
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Hong Kong proposes global minimum tax implementation in 2026-27 budgetÂ
Hong Kong’s Financial Secretary Paul MP Chan delivered the 2026-27 Budget on 25 February 2026. Under the theme of "Driving High-quality, Inclusive Growth with Innovation and Finance," the budget introduces a mix of one-off relief measures and
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Bolivia unveils major tax relief programme to ease business burden
The Bolivian government introduced the Transparency and Tax Relief Bill on 19 February 2026, marking a significant overhaul of the country's tax system aimed at helping entrepreneurs and businesses overcome crippling debts and administrative
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Belgium: Government proposes higher securities tax, dividend withholding for SMEs in Omnibus Bill
Belgium’s government submitted an Omnibus Bill No. 56 1378/001 to parliament on 23 February 2026, proposing several tax amendments, including an increase in the annual tax on securities accounts and a higher dividend withholding tax rate for
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France enacts 2026 Finance Law, introduces exceptional contributions for large corporations
France has enacted Finance Law for 2026 (Law No. 2026-103) and published it in the Official Journal of the French Republic on 20 February 2026. Before promulgation, the Constitutional Court reviewed the legislation and validated most of its
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Mozambique enacts 2026 tax reforms, introduces VAT on digital services
Mozambique's President signed into law and ordered the official publication of the Economic and Social Plan and State Budget (PESOE) for 2026, along with a package of tax reform legislation on 29 December 2025. Effective from 1 January 2026, the
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UAE exempts non-commercial sports entities from corporate tax
The UAE’s Ministry of Finance (MoF) has announced the issuance of Cabinet Decision No. (1) of 2026 on Exempting Certain Sports Entities from Corporate Tax for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and
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Taiwan: Tax bureau clarifies sole proprietors on invoice rules during change of responsible personÂ
The Northern Taiwan National Taxation Bureau of the Ministry of Finance has clarified on 13 February 2026 that sole proprietorships that change in the responsible person may trigger business tax obligations if inventory and fixed assets are
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Australia: ATO clarifies eligibility for AUD 20,000 instant asset write-off for 2025–26
The Australian Taxation Office (ATO) has published a release outlining eligibility for the AUD 20,000 instant asset write-off for the 2025–26 income year on 3 February 2026. If a business has an aggregated annual turnover of less than $10
See MoreFrance: Tax Authority updates deductible interest rates for shareholder loans
The French tax authorities have published updated interest rates (BOI-BIC-CHG-50-50-30), on 28 January 2026, that determine the deductibility of interest payments made by companies to their shareholders. In accordance with the provisions of the
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Brazil: RFB clarifies deduction of foreign taxes paid by subsidiaries, affiliated companies
The Brazilian Federal Revenue Service (RFB) has issued Interpretative Declaratory Act RFB No. 1 of 22 January 2026, published in the Official Gazette (DOU) on 23 January 2026, providing guidance on the deduction of foreign taxes paid by subsidiaries
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Spain repeals VAT, PIT, corporate tax measures
Spain’s Official State Gazette (BOE) published the Congressional Resolution of 27 January 2026 on 28 January 2026, formally announcing that Royal Decree-law 16/2025 – which was introduced to support socially vulnerable groups and implement
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Algeria: 2026 Finance Law revises tax rules for non-residents and PEs, adds green incentives
Algeria's Ministry of Finance has gazetted the Finance Law for 2026 on 31 December 2025. The Finance Law for 2026 sets out the national budget, defining projected revenues, spending limits, and the overall financial framework for state
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Papua New Guinea enacts Income Tax Act 2025
Papua New Guinea’s new Income Tax Act 2025 came into effect on 1 January 2026. Issued on 20 October 2025, the new Income Tax Act modernises and simplifies the country’s tax framework, replacing the former regime under the Income Tax Act 1959.
See MoreFrance confirms automatic renewal of special advance CIT regime for investment income
The French tax authorities have confirmed, on 21 January 2026, the automatic renewal of the special regime for calculating advance corporate income tax payments for companies whose profits consist entirely or partly of investment income. Under
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