Finland: Government cuts corporate tax in fiscal plan for 2027–2030
The Finnish government has announced the economic plan for the years 2027–2030 on 22 April 2026. Key measures include tax incentives for households and businesses, significant investments in infrastructure and housing, and a strategic focus on
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Brazi: RFB consults on CSLL surcharge regulation updates
Brazil’s tax authority, the Federal Revenue Service (RFB) has launched a public consultation process on 17 April 2026 to amend Normative Instruction RFB No. 2,228/2024, which governs the CSLL Surcharge. Interested parties can submit their
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Uganda considers 26-27 Budget with targeted withholding taxes across key sectors
Uganda’s Parliament is considering a wide-ranging package of draft tax Bills for the 2026/2027 Budget, tabled by the government on 1 April 2026, which proposes sweeping changes across environmental levies, excise duties, VAT and income tax. The
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Chile unveils National Reconstruction Bill with corporate tax cut
Chile’s president, Jose Antonio Kast unveiled details of the long-awaited National Reconstruction Bill today, on 16 April 2026, a reform package that places a corporate tax cut at the centre of efforts to revive growth and promote job
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India further raises windfall taxes on ATF, diesel exports amid rising global prices
India has increased windfall taxes on aviation turbine fuel (ATF) and diesel exports, following a further rise in global oil prices since the levy was first introduced on 26 March. According to notifications from the Ministry of Finance and the
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Chile: SII updates mining tax rates for small artisanal miners
Chile’s Internal Revenue Service (SII) has issued Resolution No. 48 on 1 April 2026, updating the tax rates applicable to small artisanal miners and other SMEs engaged in the extraction and sale of gold and silver ores. Under the simplified single
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Algeria: DGI suspends 2026 tax audits to drive voluntary regularisation
Algeria's General Directorate of Taxes (DGI) issued an official instruction on 31 March 2026 ordering the suspension of all tax audits across the country through the end of the year. The directive, addressed to regional directorates, state-level
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Botswana presents 2025 tax amendment bills to parliament with increased CIT
Botswana’s Minister of Finance has tabled the 2025 Tax Amendment Bills before Parliament on 15 December 2025. The Bills include the Income Tax Bill (2025), Value Added Tax Bill (2025), the Customs Amendment Bill (2025), and the Tax Administration
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Brazil introduces tax debits, credits reporting for CSLL minimum top-up tax
Brazil’s tax authority, the Federal Revenue Service (RFB), has introduced new reporting requirements for the additional social contribution on net profits (CSLL) implemented as a qualified domestic minimum top-up tax under global anti-base erosion
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South Africa enacts 2026 tax reforms, with corporate tax, VAT, fiscal law changes
The South African Revenue Service (SARS) has confirmed that three major Acts were promulgated on 1 April 2026, marking updates to the country’s tax and fiscal framework. The legislation includes the Rates and Monetary Amounts and Amendment of
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Oman establishes international financial centre with competitive tax incentives
The Sultanate of Oman issued Royal Decree No. 8/2026 on 12 January 2026, establishing the International Financial Centre of Oman (IFC Oman). Effective 13 January 2026 upon its publication in the Official Gazette, IFC Oman will operate with legal
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Saudi Arabia: ZATCA reminds taxpayers of March 2026 withholding tax filing deadline
The Saudi Zakat, Tax and Customs Authority (ZATCA) has called on establishments subject to withholding tax in Saudi Arabia to submit their tax forms for March 2026 by 10 April 2026. ZATCA urges establishments to promptly submit their withholding
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US: Trump Administration unveils FY2027 budget, proposes reduction in non-defence funding
The Trump administration unveiled its fiscal year 2027 budget proposal on 3 April 2026, featuring significant reductions to the Internal Revenue Service (IRS) alongside increased defence spending and border security priorities. The budget, set to
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Italy issues rules for optional substitute tax as alternative to CFC regime
Italy’s tax authorities have issued updated guidance, under Protocol No. 106520 of 31 March 2026, which details the voluntary tax option that allows Italian controlling entities to pay a flat 15% substitute tax on the net accounting profits of
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India enacts corporate tax cuts in Finance Act 2026
India has enacted the Finance Act 2026 on 30 March 2026, giving legal effect to the tax and fiscal measures announced in the Union Budget for 2026–2027. It introduces several changes that will affect businesses, the IT sector, investors and
See MoreUS: Utah announces 2026 corporate income tax rates
The Governor of Utah signed multiple bills on 23 March 2026, including Senate Bill (S.B.) 60, which revises the state’s corporate income tax rates. According to the Senate Bill (S.B.) 60, the corporate income tax rate will decrease from 4.54%
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Lithuania: VMI updates corporate income tax guidance on partnerships, dividends
The Lithuanian State Tax Inspectorate (VMI) published updated guidance on 18 March 2026, revising its official commentary on the Corporate Income Tax Law to clarify the taxation of profits distributed by unlimited liability entities and the
See MoreIndia: Lok Sobha approves Finance Bill 2026 with amendments
India’s Lok Sabha (lower house of parliament) has approved the Finance Bill 2026 with amendments on 25 March 2026. It now awaits approval by the Rajya Sabha. The bill implements the Union Budget 2026–27, including measures to introduce the new
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