Chile: MoF revises criteria for fuel excise tax calculation
The readjusted fuel excise tax will take effect from 7 August 2025. Chile’s Ministry of Finance published Executive Decree No. 242 in the Official Gazette on 6 August 2025, revising the components used to calculate the excise tax on fuels, as
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Australia: ATO issues guidance on fraudulent GST refund schemes
The alert warns businesses against colluding with related entities to create fake invoices for fraudulent GST refund claims. The Australian Taxation Office (ATO) has issued a new taxpayer alert - TA 2025/2: Arrangements designed to improperly
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Malaysia: MoF to scrap high-value goods tax scheme
The planned 5% to 10% tax on high-value goods set for May 2024 has been delayed. Malaysia’s Ministry of Finance announced on 29 July 2025 that it had scrapped its planned high-value goods tax, originally proposed two years ago. The Finance
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Pakistan: FBR extends deadline for sales tax integration with e-invoicing system
FBR has announced a one-month extension for sales tax-registered businesses to integrate their systems with its electronic invoicing platform. The Federal Board of Revenue (FBR) of Pakistan has granted an additional one-month extension for
See MoreAustralia: ATO issues guidance on GST treatment of container deposit scheme refunds
The ATO clarified that entities offering value in exchange for scheme refunds may be liable for GST. The Australian Taxation Office (ATO) issued guidance on 15 July 2025, regarding GST treatment for material recovery facility operators
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Hungary updates tax rates on retail, financial entities, and insurance sectors
Act LIV of 2025 introduces updated tax rates, increased VAT thresholds, and new regulations across retail, financial, insurance, and energy sectors, along with enhanced R&D deductions. Hungary has published Act LIV of 2025 in the Official
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US: Sales tax applies to resold goods under Trump tariffs, says SSTGB
The SSTGB confirmed that sales tax applies to tariffs on imported goods resold in its 24 member states. The Streamlined Sales Tax Governing Board (SSTGB) has confirmed that sales tax applies to tariffs on imported goods, including those recently
See MoreUS: Maryland clarifies 3% sales tax rules for multi-state it services
The 3% sales and use tax takes effect on 1 July 2025. The Comptroller of Maryland has released Technical Bulletin (TB) 54, offering comprehensive guidance for buyers and vendors on complying with the expanded 3% sales tax on data, IT, and
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Malaysia exempts imported fruits from sales and service tax
Malaysia exempts imported apples, oranges, mandarin oranges, and dates from sales tax as part of revised sales and service tax changes aimed at easing living costs and supporting small businesses. Malaysia's Ministry of Finance revised the Sales
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US: Florida aligns with federal IRC, ends business rent tax
Governor Ron DeSantis signed a bill that enacts a USD 1.3 billion tax relief package that updates Florida’s tax code conformity to January 2025 and repeals the business rent tax from October 2025. Florida Governor Ron DeSantis signed House Bill
See MoreUS: Maine to broaden sales tax to include digital content
Maine's new budget law will impose a 5.5% sales tax on streaming platforms and digital services starting 1 January 2026. Maine Governor Janet Mills signed a new budget law (LD 210) on 23 June 2025, which expands the state’s sales tax to include
See MoreAustralia: ATO consults draft GST, foreign ownership register rules
The ATO is consulting on three draft instruments regarding GST and the Register of Foreign Ownership of Australian Assets. Feedback is open until 16 July 2025. The Australian Taxation Office (ATO) opened a consultation on three draft instruments
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EU urges Hungary to scrap retail tax regime
The move aims to ensure compliance with the principle of freedom of establishment. In its June 2025 infringements package, the European Commission issued a reasoned opinion to Hungary on 18 June 2025, urging the country to abolish its retail tax
See MoreUS: Illinois to tax 50% of GILTI, tightens interest deductions under 2026 budget
Starting with tax years ending on or after 31 December 2025, taxpayers must include 50% of GILTI, as defined under IRC section 951A, in their base income for Illinois tax purposes. Illinois Governor J.B. Pritzker signed a bill (HB 2755) on 16
See MoreUS: Maryland clarifies expanded sales tax on data and IT services
The 3% sales and use tax goes into effect on 1 July 2025. The Comptroller of Maryland clarified the 3% sales and use tax on certain data, IT, and software publishing services in Technical Bulletin No. 56, released on 10 June 2025. The expanded
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Malaysia: MoF announces sales and service tax amendments
Malaysia announced revisions to the sales tax and an expanded service tax scope, effective 1 July 2025. Malaysia’s Ministry of Finance announced on 9 June 2025 revisions to the sales tax and an expanded scope for the
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Australia: ATO consults draft GST instruments
Comments are open until 25 June 2025. The Australian Taxation Office (ATO) has issued two draft legislative instruments, LI 2025/D6 and LI 2025/D7, for public consultation on the goods and services tax (GST) on 28 May 2025. The key measures
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Canada: Government proposes GST rebate for first-time home buyers, repeal of consumer carbon price, middle-class tax cuts
Canada’s Finance Minister proposed the measures on 27 May 2025. Canada’s Finance Minister, François-Philippe Champagne, has tabled a notice of Ways and Means Motion in Parliament on 27 May 2025, proposing GST relief for first-time
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