Canada extends federal fuel excise tax relief until 2027
Canada’s Department of Finance announced, on 29 October 2026, that it has passed legislation to extend the federal fuel excise tax relief. Bill C-38, the Canadian Fuel Affordability Act, has received Royal Assent and is now law. The government
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South Africa updates tax payment guide on foreign payments, designates Investec for GMT
The South African Revenue Service (SARS) has updated its SARS Payment Guide, effective 16 October 2026, clarifying that Investec Bank is now the designated bank for Global Minimum Tax (GMT) foreign payments. Other foreign payments still go
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Brazil: Federal Court excludes service tax from PIS, COFINS base
The Brazilian Supreme Federal Court (STF) issued a ruling that the service tax (ISS) is not part of the calculation base for PIS and COFINS, two federal contributions that fund social security. The decision came on 21 October 2026, in
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Uruguay: DGI sets procedure for Pillar Two QDMTT compensation
Uruguay's Tax Authority, Dirección General Impositiva (DGI) has issued Resolution No. 2400/026, which sets the mandatory procedure for eligible multinational taxpayers seeking compensation under fiscal stability clauses against the Pillar Two
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Sweden: MoF consults on laws to implement new EU customs code
Sweden’s Ministry of Finance (MoF) opened a public consultation on 27 October 2026 on legislative amendments required after Regulation (EU) 2026/2108 (the Regulation) was promulgated in the Official Journal of the European Union. The Regulation
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Germany: Federal Court clarifies scope of tax assessment amendments in constructive dividend cases
Germany’s Federal Fiscal Court has held that the power to amend a final, binding tax assessment under § 32a (1) Sentence 1 of the Corporate Income Tax Act (KStG) is not limited strictly to the direct consequences of an assessed constructive
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OECD opens 18th BEPS plenary with focus on global tax cooperation
The OECD Secretary-General Mathias Cormann opened the 18th meeting of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) in Paris on 28 October 2026. He welcomed Guatemala, which joined in January 2026 as the framework's
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Czech Republic gazettes EET 2.0 law introducing sales recording, tax reforms
The Czech Republic has gazetted Act No. 180 of 9 September 2026 on Sales Records and Amendments to Certain Other Acts. The Act’s main measure is the reintroduction of electronic sales recording (Elektronická Evidence Tržeb – EET)
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Bolivia extends transfer pricing, corporate tax filing and payment deadlines for FY June 2026
Bolivia’s National Tax Service (SIN) announced, on 29 October 2026, that it has extended the Corporate Income Tax (IUE) filing and payment deadline to 30 November 2026 for taxpayers with a fiscal year ending on 30 June 2026. The extended
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Belgium extends tax filing deadline following cyberattack
Belgium’s Federal Public Service (FPS) Finance announced, on 29 October 2026, that it detected and stopped a cyberattack within hours on Tuesday, 27 October. As a result, the deadline for all tax returns due on or around 31 October 2026 has been
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US: IRS reports record tax collections, higher refunds in FY 2026
The US Internal Revenue Service (IRS) has published a report on 29 October 2026 highlighting its performance in fiscal year 2026, including tax collection results, refund processing and the delivery of new tax benefits to working families. The
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Romania removes mandatory responses to RO e-TVA notices
Romania has relaxed its RO e-TVA requirements from 1 January 2026. Businesses are no longer generally required to formally respond to ANAF compliance notices or provide explanations for discrepancies in pre-filled VAT returns. Failure to respond
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Italy: Council of Ministers approves legislation to enact ViDA package
Italy’s Council of Ministers approved a Legislative Decree on 28 October 2026 to implement the EU VAT in the Digital Age (ViDA) Directive (2025/516). This follows Italy’s Department of Finance launching a public consultation on 22 June 2026
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Finland proposes diesel tax rebate for professional road transport
Finland’s government has proposed a diesel excise-duty rebate of 3.3 cents per litre for professional road transport operators to reduce fuel costs on 28 October 2026. The proposal, submitted to Parliament on 22 October 2026, covers buses and
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UAE amends e-invoicing rules easing burden on businesses
The UAE Ministry of Finance has issued Ministerial Decision No. 197 of 2026, amending certain provisions of Ministerial Decision No. 243 of 2025 on the Electronic Invoicing System. The Decision became effective from 1 October 2026. The amendments
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Bosnia and Herzegovina raises minimum excise duty on tobacco from 2027
Bosnia and Herzegovina’s Indirect Taxation Authority (ITA) has adopted higher minimum excise duties on manufactured tobacco, to apply from 1 January 2027. The ITA Governing Board took the decision on 26 October 2026. New rates The overall
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Luxembourg: Parliament adopts overhaul of PIT system with single tax class
Luxembourg’s Parliament adopted Bill 8676 on 28 October 2026, overhauling the personal income tax system so that marital status no longer determines how a person is taxed. Single tax class replaces three The reform scraps tax classes 1, 1a
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Netherlands to use standalone tax law, ‘relief at source’ for implementation of FASTER Directive
The Dutch House of Representatives has received a letter from State Secretary for Finance Eelco Eerenberg setting out how the Netherlands intends to transpose Council Directive (EU) 2025/50 of 10 December 2024 (the FASTER Directive). The Cabinet
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