Kazakhstan: MOF publishes draft 2027–29 budget with higher wages, pensions
Kazakhstan's Ministry of Finance has released the draft Law "On the Republican Budget for 2027–2029," establishing the government's financial roadmap for the next three years. The budget does not introduce specific tax measures; it sets certain
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Poland: 2027 budget raises corporate and excise taxes, eases middle-income PIT
Poland's Council of Ministers adopted the draft 2027 budget act on 29 September 2026, introducing changes designed to ease the tax burden on middle-income earners while strengthening support for families and pensioners. The new budget allocates
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Taiwan: Tax Bureau warns against free company use of private property
Taiwan’s National Taxation Bureau of the Northern Area, Ministry of Finance, announced on 30 September 2026 that individuals who provided houses they owned to companies for business use without charging rent were still required to calculate and
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Sri Lanka introduces mandatory TIN certificate for bank account, other transactions
Sri Lanka's Inland Revenue Department has announced that, with effect from 1 November 2026, every person specified under Section 102(3) of the Inland Revenue Act will be required to submit a valid Taxpayer Identification Number (TIN) certificate
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Taiwan announces 2026 estate tax exemption, deductions
Taiwan’s National Taxation Bureau of the Northern Area (NTBNA), Ministry of Finance, had announced the applicable estate tax exemption amount and deductions for cases where the date of death occurred on or after 1 January 2026. An exemption of
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Singapore: IRAS updates GST guidance on foreign currency transactions
The Inland Revenue Authority of Singapore (IRAS) has updated its guidance on foreign currency transactions, adding sections on approved exchange rate sources, the treatment of different transaction types, and the reporting of exchange gains and
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Pakistan: FBR seeks trader cooperation on special tax scheme
Pakistan’s Federal Board of Revenue (FBR) announced on 29 September 2026 that the special tax scheme for small shopkeepers was in its initial implementation stages and that it was working to facilitate traders and resolve issues arising during
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US considers fuel tax relief as diesel prices reach record highs
The Trump administration is evaluating regulatory changes to lower fuel prices as diesel climbs to historic levels. The federal government is considering broader use of red-dyed diesel, which would allow more buyers to bypass the federal fuel tax on
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Germany: BMF announces B2B digital reporting roadmap
Germany’s Federal Ministry of Finance (BMF) has announced plans to introduce a mandatory B2B digital reporting system from 1 July 2030. The legislative process is expected to start in 2027, followed by a voluntary pilot from early 2029. State
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US: IRS, Treasury proposes four-year tax payment option for qualifying farmland sales
The Department of the Treasury and the Internal Revenue Service (IRS) announced on 28 September 2026 that it unveiled proposed regulations that allow sellers of qualifying farmland to spread their tax payments across four years instead of paying
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Denmark revises digital bookkeeping requirements
Denmark had published Executive Order no. 811 on 22 September 2026, setting revised requirements for standard digital bookkeeping systems. Some measures originally planned for 1 January 2027 will now apply from 1 March 2027. From 1 March 2027,
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Latvia: SRS issues guidance on controlled transaction reporting
Latvia’s State Revenue Service (SRS) updated its corporate income tax guidance page on 18 September 2026 with new Guidelines on completing controlled transaction reports. The guidelines detail the mandatory requirements, specific filing
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Dominican Republic consults on simplified taxation regime
The Dominican Republic had opened a public consultation on a draft Regulation governing the Simplified Taxation Regime (RST), with the consultation beginning on 21 September 2026. The proposed regulation would update the regime for small taxpayers
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Thailand proposes pay-first, refund-later excise tax rules for tobacco exports
Thailand’s Excise Department has announced a public hearing for a new regulation that changes how export taxes work for tobacco products. Under the current system, companies get immediate tax exemptions for goods destined for foreign markets.
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Poland adopts tax reform with new personal income brackets, higher rates for high earners and large companies
The Polish Council of Ministers adopted a comprehensive tax reform package on 29 September 2026, designed to ease the tax burden on roughly 3.5 million middle-income earners while increasing contributions from high earners and large corporations.
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Lithuania: MoF proposes simplified investment account rules
Lithuania’s Ministry of Finance (MoF) had prepared draft amendments on 29 September 2026 to Article 12¹ of the Republic of Lithuania Law on Personal Income Tax (GPMĮ No. IX-1007) that would broaden and simplify the Investment Account
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Sri Lanka reminds taxpayers of payment channels, warns of interest and penalty on late payment
Sri Lanka's Inland Revenue Department has issued a notice to taxpayers on the methods for paying taxes. It says interest and penalties will be imposed on non-payment or late payment, and that interest will not be waived or reduced. According to
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US: Court orders New York City to restart secondary home tax notices
A Staten Island court judge has directed New York City to send corrected notices to property owners in the secondary home tax case. The ruling came from Justice Wayne Ozzi of Richmond County's state Supreme Court on 29 September 2026. The judge
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