Lithuania: Tax authorities approve long term corporate tax incentives
Lithuania’s tax authorities have published a commentary on 18 November 2025, detailing how legal entities undertaking major manufacturing or data-service investments may qualify for a corporate income tax (PMĮ) exemption lasting up to 20
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US: Treasury, IRS issue interim guidance on tax benefit for lenders on farm and rural property loans under the One Big Beautiful Bill, initiates public consultations for final draft
The US Department of the Treasury and the Internal Revenue Service issued guidance on 20 November 2025 for a new tax benefit for certain lenders that make loans secured by rural or agricultural real property. Notice 2025-71 provides interim
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Hungary: Parliament proposes tax measures to ease business taxes
The Hungarian National Assembly is reviewing Bill T/13110, which aims to reduce the tax burden on businesses by introducing a range of changes to tax rules and thresholds. This legislative package, titled "Measures to Reduce the Tax Burden on
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Hungary: Parliament adopts revised global minimum tax, reporting regulations
Hungary’s parliament approved two bills (T/12802/7 and T/12801/12) on 18 November 2025 that introduce significant updates to the country's tax framework and reporting obligations. Among the key changes, the legislation revises Hungary’s
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Canada: DoF introduces legislation to implement 2025 budget, includes tax incentives for capital investments
Canada’s Department of Finance announced the introduction of Bill C-15, Budget 2025 Implementation Act, No. 1, on 18 November 2025. It is an important first piece of legislation to advance key Budget 2025: Canada Strong priorities. Bill C-15
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Lithuania: Parliamentarians propose corporate tax amendments to boost green investments
Lithuania’s members of the parliament submitted draft amendments to the Corporate Income Tax Law (Project No. XVP-260) on 11 November 2025, aiming to expand investment incentives and extend relief periods until 2030. The draft includes a
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Nigeria: NIPC introduces new economic development tax incentive regime
The Nigerian Investment Promotion Commission (NIPC) announced on 5 November 2025 that applications for the Pioneer Status Incentive (PSI) would close on 10 November 2025, ahead of the rollout of the new Economic Development Tax Incentive (EDTI)
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Canada: DoF releases 2025 budget, includes corporate tax and transfer pricing measures
Canada’s Department of Finance released the details of the Budget 2025 on 4 November 2025. The main tax measures of the budget are as follows: Business Income Tax Measures Immediate Expensing for Manufacturing and Processing
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Finland: Parliament considers ending electricity tax incentives for data centres
Finland’s Parliament is reviewing draft bill HE 156/2025 vp, which proposes eliminating the electricity tax incentive currently granted to data centres and mining operations. The proposal proposes to repeal certain sections of the Act on Excise
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Oman: Tax Authority introduces tax incentives for listed, converting companies
Oman’s Tax Authority announced on the social media platform “X“ new tax incentives targeting businesses that list on the Muscat Stock Exchange or the Promising Companies Market, as well as companies converting from limited liability companies
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Ethiopia: Ministry of Finance proposes tax breaks for SEZs, startups, exporters
Ethiopia’s Ministry of Finance released a draft regulation aimed at updating the country’s investment incentive framework. The draft introduces new tax breaks for exporters, startups, and green-energy projects. Key highlights of the proposed
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Algeria: NTA clarifies tax relief for sovereign Sukuk (bonds)
Algeria’s National Tax Administration (NTA) issued Circular No. 65 MF/OGV F.2025 on 29 October 2025, establishing the tax exemption framework for sovereign Sukuk (Islamic bonds) to support the growth of Islamic finance and the development of
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Israel: MoF announces tax reforms for R&D centres
Israel’s Ministry of Finance presented reforms in its taxation policy on 2 November 2025, designed to facilitate activities and increase the attractiveness of the Israeli high-tech industry. The reform was formulated by a team that included
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Russia: State-owned companies to introduce long-term executive incentive schemes
The Russian government has approved the introduction of long-term incentive programs (LTIPs) for top executives in publicly traded companies with state participation, following a proposal from the Ministry of Finance. This announcement was made
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Cyprus: Council of Ministers approves tax reforms, includes high corporate tax
The Cyprus Council of Ministers has approved the tax reform plan after the Cyprus Tax Reform Team presented its tax proposals to key stakeholders at the Presidential Palace on 26 February 2025. The main tax measures are: Corporate tax
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France: National Assembly passes first-reading amendments to the 2026 finance bill, focuses on major corporations
France’s National Assembly introduced several amendments to the Finance Bill for 2026, some of which have been approved during its first reading on 30 October 2025. The changes primarily target large corporations and business groups, introducing
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Thailand: Cabinet approves temporary tourism tax incentives for Q4 2025
Regfollower Desk The Thai Cabinet approved a series of tax measures to promote domestic tourism, as announced by the Thai Revenue Department. The initiatives include incentives for individual travellers, corporate tax deductions for domestic
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Malta announces 2026 budget, includes tax credits for new investments and R&D
Regfollower Desk Malta's Minister for Finance presented the 2026 budget to parliament on 27 October 2025. The 2026 budget includes various tax measures for enhancing investment incentives for businesses. New investor tax credit A 60%
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