UK: Cultural Tax Reliefs Impact Review
On 18 February 2026 the Arts Council England published a review of the impact of the UK’s cultural tax reliefs. The cultural tax reliefs (CTR) are the theatre tax relief; orchestra tax relief; and the museums and galleries exhibition tax relief.
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Argentina revises rules governing major investment incentive program
Argentina's Executive Branch published Decree 105/2026 in the Official Gazette on 18 February 2026, introducing a series of amendments to Decree 749/2024, which implemented the incentive regime for large investments known as the Régimen de
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Namibia: 2026-27 budget includes accelerated depreciation for businesses
Namibia's Parliament has released the Budget Statement for the Fiscal Year 2026-27 on 26 February 2026, introducing significant changes to the tax code to support both individuals and businesses. The key tax measures are: Corporate and
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Canada launches consultations to strengthen automotive remission framework
Canada’s Department of Finance, in a news release on 27 February 2026, announced that it launched consultations on potential ways to strengthen Canada’s automotive remission framework by further incentivising companies to produce and invest in
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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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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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IMF Report on Canada Recommends Tax Changes
On 21 January 2026 the IMF issued a report following consultations with Canada under Article IV of the IMF’s articles of agreement. The report notes that Canada is adjusting the significant trade shock caused by US tariff increases and the limited
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EU: Commission authorises Greek state aid programme to strengthen cleantech, green industrial goals
The European Commission has approved a EUR 400 million Greek State aid scheme to support strategic investments that add clean technology (cleantech) manufacturing capacity in line with the objectives of the Clean Industrial Deal on 24 February
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Mexico introduces tax incentive for films, AV productions
Mexico has published a decree granting a tax incentive for film and audiovisual production in the Official Gazette on 16 February 2026. The government aims to align its creative industry with international standards, including cash rebates and tax
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Malaysia: MIDA introduces new incentive framework from March 2026
The Malaysian Investment Development Authority (MIDA) has launched the New Incentive Framework (NIF), which goes into effect on 1 March 2026 for manufacturing and later in Q2 2026 for the services sector. The NIF adopts an outcome-based and
See MoreArgentina updates special regime for major investments
Argentina issued Decree 105/2026 on 18 February 2026, extending the registration deadline for the Special Incentive Scheme for Large Investments (RIGI), approved in June 2024. The decree updates specific regulatory frameworks to better
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Nigeria: NRS clarification refutes 25% tax on building materials, funds
The Nigeria Revenue Service has clarified, on 17 February 2026, that the Nigeria Tax Act 2025 is already in effect and does not impose a 25% tax on building materials, construction funds, or related transactions, contrary to false claims circulating
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Singapore: 2026 budget proposes short-term corporate tax relief, longer-term structural reforms
Singapore's Prime Minister and Minister for Finance, Lawrence Wong, has delivered the FY2026 Budget Statement in Parliament on 12 February 2026, setting out a package of measures aimed at supporting businesses amid cost pressures while advancing
See MoreRomania: MoF unveils comprehensive economic recovery plan
Romania's Ministry of Finance has published a comprehensive fiscal and investment package on 9 February 2026, designed to accelerate economic recovery and modernise the country's tax framework. Earlier, the Ministry of Finance published a draft
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Germany enacts law to strengthen financial sector, promote private investments
Germany published the Act on the promotion of private investment and the financial sector in the Official Gazette (BGBl. I 33/2026) on 9 February 2026 . The Act aims to strengthen Germany’s financial sector and encourage private investment through
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Cameroon releases 2026 Finance Law, includes new rules for digital giants, green levies
Cameroon’s Ministry of Finance issued a circular on the execution of the 2026 Finance Law, providing guidance on its implementation and outlining the key tax measures introduced for the year. The circular outlines the mandatory instructions for
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France passes 2026 budget, halves exceptional contribution to large company profits
France finally passed its 2026 budget on 2 February 2026 after two no-confidence motions failed, allowing Prime Minister Sebastien Lecornu’s minority government to survive and bringing a measure of political stability. The prolonged
See MoreMalaysia introduces tax incentives under new MITI framework
Malaysia’s Ministry of Investment, Trade and Industry (MITI) announced on 29 January 2026 that the government will implement the new incentive framework (NIF), effective 1 March 2026, commencing with the manufacturing sector, followed by the
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