Iceland proposes changes to vehicle kilometre tax from 2027
Iceland’s Ministry of Finance and Economic Affairs issued a legislative proposal on 2 September 2026 to amend the existing law on the vehicle kilometre tax (Law no. 100/2025), which has been in effect since 1 January 2026. A public consultation
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Ghana: President enacts major tax, VAT, customs reforms
The Ghanaian President has signed 10 legislative bills into law, including several measures relating to taxation on 26 August 2026. The key legislative acts are summarised below: Excise Act, 2026: This Act consolidates excise duty regulations
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Panama introduces preferential real estate transfer tax exception regime, reduced progressive rates
Panama has published Law No. 546 of 31 August 2026, in the Official Gazette, which modifies Article 4 of Law 106 of 1974 to establish a preferential tax regime for the first sale of new housing units. The primary focus is a tax exemption on the
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Canada extends fuel tax relief through March 2027
Canada’s Department of Finance announced that it has extended its temporary suspension of the federal fuel excise tax on 2 September 2026, providing continued relief as global economic pressures persist. Honourable François-Philippe Champagne,
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Finland proposes reduced corporate tax rate in 2027 budget
Finland’s government has announced the 2027 budget proposal, on 1 September 2026, with the intention to stimulate the economy through targeted tax cuts for low- and middle-income earners and a significant reduction in the corporate tax rate to
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UAE sets minimum excise price for electronic smoking liquids
The UAE will introduce a minimum excise price of AED 1 per millilitre for liquids used in electronic smoking devices and tools from 1 September 2026, under Cabinet Decision No. 137 of 2026. Issued on 24 July 2026, the decision applies to such
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Brazil publishes 2026 rural land tax guidance
Brazil’s tax authority, the Federal Revenue Service (RFB) has published its 2026 Questions and Answers guide on the Rural Land Tax (ITR), prepared by the General Coordination of Taxation (Cosit) on 1 September 2026. This 2026 technical manual
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Brazil: RFB sets September deadline for simplified national, consumption tax choices
Brazil’s tax authority, the Federal Revenue Service (RFB) announced on 1 September 2026 that small and micro-enterprises face a critical decision window through 30 September 2026. Companies must finalise their position on the Simplified
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Romania raises diesel excise duty reduction to 25% amid fuel price surge
Romania’s Ministry of Finance announced on 31 August 2026 that it has increased the temporary excise duty reduction on standard diesel to 25% for the first half of September 2026, up from the 20% reduction applied in August. The adjustment
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Poland proposes higher corporate tax rates in 2027 draft budget
Poland’s government has approved a draft 2027 budget on 28 August 2026 with projected total tax revenues of PLN 622.4 billion for 2027, representing a PLN 57.8 billion increase over 2026's expected performance. The budget plan, prepared under the
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Italy gazettes postponement of EUR 2 administrative handling fee on low-value imports
Italy has published Law No. 152 of 7 August 2026 in the Official Gazette, which converts Decree-Law No. 107 of 26 June 2026 into law, incorporating the amendments set out in its annex. The legislation formally postpones the introduction of the EUR 2
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Namibia to increase MSD contribution ceiling for maternity, sick, death benefits from September 2026
The Social Security Commission (SSC) of Namibia released a public notice on 7 August 2026 that outlines a progressive plan to increase the contribution ceiling for the Maternity Leave, Sick Leave, and Death Benefit Fund (MSD). While the
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Australia: ATO clarifies GST registration rules for religious institutions
The Australian Taxation Office (ATO) has issued guidance on 24 August 2026, clarifying the GST obligations of religious institutions. Like other not-for-profit organisations, religious institutions must register for GST if their GST turnover reaches
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Australia tech levy takes effect against platforms avoiding news deals
Australia’s parliament passed the News Media Bargaining Charge Bill 2026, the News Media Bargaining (Administration) Bill 2026, and the Treasury Laws Amendment (News Media Bargaining) (Consequential) Bill 2026 on 20 August 2026, which imposes
See MorePanama: Cabinet proposes equalisation of the tax regime, applied to trade in the digital economy
Panama’s Cabinet Council announced, on 19 August 2026, that it approved sending Bill 30-26 to the National Assembly for consideration. This bill amends and supplements provisions of the Tax Code related to the taxation of certain digital economy
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US: IRS expands Section 45Q safe harbour to cover EOR projects and recapture calculations
The US Internal Revenue Service (IRS) has issued Notice 2026-50, expanding and extending the safe harbour previously established under Notice 2026-1. This administrative notice establishes an updated safe harbour for taxpayers claiming the Section
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US: Maryland Tax Court strikes down digital advertising tax as unconstitutional
The Maryland Tax Court ruled, on 14 August 2026, that the state's Digital Advertising Gross Revenues Tax violates the federal Internet Tax Freedom Act and the dormant Commerce Clause by applying progressive rates based on global revenues while
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Poland expands tonnage tax regime to boost shipping under national flag
Poland has published the Act of 17 July 2026 amending certain laws to support shipping enterprises and create favourable conditions for their operation under the Polish flag. Signed into law on 7 August 2026, it outlines a 2026 Polish legislative
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