Denmark proposes higher tax-exempt payments for neighbours of solar farms

23 September, 2025

The Ministry of Climate, Energy and Utilities has suggested increasing the tax-exempt compensation for residents living near solar farms. Denmark’s Ministry of Climate, Energy and Utilities has suggested increasing the tax-exempt compensation

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Finland: Government presents 2026 budget to parliament, proposes reduced corporate taxes

23 September, 2025

The 2026 budget proposal lowers corporate and CO2 fuel taxes while tightening crypto reporting, adjusting VAT, and raising taxes on vehicles, tobacco, alcohol, and soft drinks. Finland’s government has presented the 2026 budget proposal (HE

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Hong Kong: Chief Executive delivers 2025 policy address, includes tax incentives for strategic industries, and digital investments

19 September, 2025

The Hong Kong government plans to introduce legislative changes in early 2026 to enhance preferential tax regimes and attract more funds, family offices, and carried interest, reinforcing its role as a global financial hub. Hong Kong’s Chief

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Lebanon: Government tables 2026 budget law draft, introduces amendments to corporate income tax

18 September, 2025

Lebanon submitted its 2026 Draft Budget Law to the Council of Ministers, proposing wide-ranging reforms across corporate tax, VAT, customs, excise duties, digitalisation, and tax incentives, including stricter deduction rules, and targeted

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Australia: Treasury consults draft rules for critical minerals production tax incentive

17 September, 2025

The consultation ends on 10 October 2025. Australia’s Treasury has initiated a public consultation on draft regulations aimed at clarifying elements of the Critical Minerals Production Tax Incentive (CMPTI). The Income Tax Assessment (1997

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UK: Finance minister plans tax changes to aid small businesses

15 September, 2025

UK plans tax reforms to boost small business growth. The UK’s finance minister, Rachel Reeves, announced plans to explore reforms to business property taxation on 11 September 2025, aiming to ease expansion for small enterprises and stimulate

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Germany: Federal Cabinet approves bill to encourage private investments

12 September, 2025

The draft promotes private investment in infrastructure and renewable energies as well as in smaller enterprises and start-ups (venture capital).  The German Federal Cabinet approved a draft law on 10 September 2025 to encourage private

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Czech Republic: Chamber of Deputies passes law amending employer reporting and tax regulations, introduces 150% R&D allowance

12 September, 2025

The bill is now awaiting the president’s signature. The Czech Republic’s Chamber of Deputies (Lower House of Parliament) passed a new law on 10 September 2025, introducing significant changes to employer reporting and tax regulations,

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Australia: Treasury consults proposed tax concessions for alcohol producers

11 September, 2025

The deadline for submitting feedback is 22 September 2025. Australia’s Treasury has released draft legislation for consultation on proposed tax relief measures for alcohol producers as part of its 2025–26 Budget commitments. Higher rebate

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Paraguay unveils new tax incentives for local, foreign investors

11 September, 2025

Key incentives include exemptions on customs duties, VAT, nonresident income tax, and dividend/profit tax for substantial investments in capital goods, industrial or agricultural production, and large-scale tourism or entertainment projects, subject

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UAE: MoF issues new rules on qualifying and excluded activities in free zones

09 September, 2025

UAE issues Ministerial Decision No. 229 of 2025 on Free Zone corporate tax activities, effective from 1 June 2023.  The UAE Ministry of Finance ( MOF) issued Ministerial Decision No. 229 of 2025 on 28 August 2025, which repeals Ministerial

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Uzbekistan: President announces tax incentives for legal firms 

09 September, 2025

From 1 January 2026, legal entities switching from turnover tax to VAT for the first time will receive a 1-year corporate tax exemption, a 1-year waiver of VAT registration penalties, and a six-month deduction on accounting

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UAE: FTA emphasises the need to retain records and documentation to ensure accuracy of tax return information for taxable persons subject to corporate tax

04 September, 2025

FTA urges all taxable and exempt persons to retain records for seven years and submit corporate tax returns and payments within nine months via the EmaraTax platform. The UAE Federal Tax Authority (FTA) emphasises that all Taxable Persons subject

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New Zealand introduces 2025–26 tax changes on foreign income, GST, electricity sales

28 August, 2025

New Zealand introduces 2025–26 tax updates, including foreign investment income, GST, employee share schemes, and new exemptions. New Zealand Inland Revenue announced the introduction of the bill Taxation (Annual Rates for 2025–26, Compliance

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Uruguay launches new investment incentives, prioritises R&D+i amongst others projects

28 August, 2025

Uruguay unveils investment promotion package with tax incentives, streamlined procedures, and support for SMEs, large projects, tech, and housing. The Ministry of Economy and Finance announced on Monday, 18 August 2025 a package of measures aimed

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Turkey issues draft on R&D tax exemptions

25 August, 2025

Turkey has clarified the new rules for income tax on R&D wage exemptions and related incentives.  Turkey released a draft Communiqué on Income Tax on 20 August 2025, clarifying amendments under Law No. 7555 to the Technology Development

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Colombia invites applications for R&D&I projects with tax incentives

19 August, 2025

Colombia’s MinCiencias launches Call 970 for R&D&I projects eligible for 50% tax credits or 30% deductions, with applications open until 10 September 2025. The Colombian Ministry of Science, Technology and Innovation (MinCiencias)

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South Africa extends energy efficiency tax incentive to 2030

18 August, 2025

South Africa extends Section 12L Energy-Efficiency Tax Incentive to 2030, supporting business energy savings and carbon reduction. The South African government announced it has extended the Section 12L Energy-Efficiency Tax Incentive by five

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