Taiwan: Tax bureau clarifies contract penalties taxation, late interest exemption
The Central Taiwan National Taxation Bureau has clarified, on 13 February 2026, that breach of contract penalties and late payment interest receive different tax treatments. Penalties collected for contract breaches are subject to business tax
See More
Canada consults domestic content requirements for clean technology, electricity investment tax credits
Canada’s Department of Finance, in a news release on 13 February 2026 ,announced that it launched consultations on the possibility of introducing a domestic content requirement under the Clean Technology and Clean Electricity investment tax
See More
Brazil: Tax authority announces deadline for property declaration under lower rates
Brazil's Federal Revenue Service (RFB) issued an alert on 13 February 2026, reminding taxpayers of the approaching deadline to enrol in the Special Regime for Updating and Regularising Assets under the Update modality (Rearp Update). The
See More
US issues new tax rules to limit Chinese clean energy components
The US Treasury Department released interim guidelines on 12 February 2026 addressing how companies can qualify for clean energy tax credits while restricting reliance on Chinese-made equipment under President Donald Trump's tax legislation. The
See More
Taiwan: Tax bureau clarifies sole proprietors on invoice rules during change of responsible personÂ
The Northern Taiwan National Taxation Bureau of the Ministry of Finance has clarified on 13 February 2026 that sole proprietorships that change in the responsible person may trigger business tax obligations if inventory and fixed assets are
See More
France updates monetary 2026 erosion coefficients for taxes on buildable land sales
France’s tax authority (RFPI) announced on 11 February 2026 an update to the monetary erosion coefficients relevant to taxes on the sale of undeveloped land that has become buildable. Under Articles 1529 and 1605 nonies of the General Tax Code
See More
Albania updates tax procedures with automated VAT filings, tighter cash limits
Albania has published Law No. 79/2025 in the Official Gazette No. 11 of 15 January 2026, amending and supplementing Law No. 9920 of 2008 on tax procedures. A key change provides that where a taxpayer fails to submit a VAT return by the deadline,
See More
Bangladesh: NBR extends January VAT return deadline
The National Board of Revenue (NBR) has extended the deadline for submitting online VAT returns for the January 2026 tax period through its e-VAT system until 22 February, citing public interest. An official order said the move followed a
See More
Kazakhstan opens consultation on tax protocol with Norway
The government of Kazakhstan published a draft resolution on 10 February 2026 for consultation on a protocol to amend its 2001 income and capital tax treaty with Norway. The draft was released through the Republic of Kazakhstan’s official Open
See More
UK: HMRC issues new rules for vaping duty, stamps
The UK’s tax authority (HMRC) has updated its guidance on preparing for vaping products duty and the vaping duty stamps scheme on 10 February 2026. Purpose of the policy Vaping Products Duty was introduced in autumn 2024, with Vaping Duty
See MoreTaiwan: Taipei Tax Bureau urges compliance with branch reporting rules
Taiwan’s National Taxation Bureau of the Ministry of Finance has reiterated that business entities approved to pay business tax on a consolidated basis through their head office must ensure that their branch offices continue to fulfill reporting
See More
Taiwan: Tax Authority warns against misreporting foreign dividends
Taiwan’s Taipei National Taxation Bureau of the Ministry of Finance stated that profit‑seeking enterprises headquartered domestically which invest in shares of foreign companies, issued under foreign law and approved by the securities authority
See More
Colombia: Constitutional Court suspends temporary electricity levy
Colombia's Constitutional Court announced on 6 February 2026 that Legislative Decree No. 0044 of 21 January 2026, which introduced a temporary parafiscal levy of 2.5% on electricity generation companies serving domestic households and required
See More
Thailand: Revenue Department raises SME tax deduction for digital investments
The Thai Revenue Department issued Royal Decree No. 802 on 10 February 2026, granting higher tax deductions for SMEs investing in digital tools and services. Under the decree, SMEs can claim an additional 100% deduction, bringing the total
See More
Sweden: Government launches inquiry on modern VAT rules, fraud prevention
The Swedish Government has decided to appoint an inquiry to analyze how new EU rules on value-added tax (VAT) should be implemented in Swedish law. Among other things, the new EU rules require that reporting of trade between EU countries be carried
See More
Vietnam: MoF proposes interim tax rules for crypto assets
Vietnam’s Ministry of Finance (MoF) has released a draft circular outlining a tax framework for crypto and tokenised asset transactions, following Government Resolution No. 05/2025/NQ-CP issued on 9 September 2025. The initiative, set for early
See More
UK: HMRC launches CBAM policy paper, draft legislation for consultation
The UK’s tax authority (HMRC) has released a policy paper outlining its approach to the carbon border adjustment mechanism (CBAM) on 10 February 2026. The Carbon Border Adjustment Mechanism (CBAM) legislation and guidance is being developed in
See More
Singapore updates CbC exchange agreement schedule
The Singapore Official Gazette issued Order No. S 64 on 6 February 2026, amending the Income Tax (International Tax Compliance Agreements) (Multilateral Competent Authority Agreement on the Exchange of Country-By-Country Reports) Order 2018 (G.N.
See More