Taiwan reminds businesses on travel expense evidence requirements
Taiwan’s Southern Area National Taxation Bureau had reminded businesses on 16 September 2026, that travel expenses claimed for tax purposes must be supported by evidence showing that the trips were related to business operations. Under Article
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Japan: Cabinet approves food tax cut plan
Japan’s cabinet approved an outline on 15 September 2026 to reduce the consumption tax on food from 8% to 1% for two years from April 2027, alongside household payouts equivalent to the remaining 1%. The proposed measures are intended to ease the
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Cameroon issues CbC reporting exchange jurisdictions list
Cameroon's Directorate General of Taxation released Order No. 000527/MINFI on 10 June 2026 naming the countries and jurisdictions that have concluded automatic exchange arrangements with Cameroon for Country-by-Country (CbC) tax reports. The order
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Mexico submits 2027 economic package with tax, customs measures
Mexico’s Federal Executive submitted the Economic Package for 2027 to Congress on 8 September 2026, including proposed amendments to the Income Tax Law (ITL), Federal Revenue Law (LIF), Customs Law and Federal Duties Law (LFD), alongside other
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Lithuania proposes additional 30% investment tax deduction
Lithuania has proposed amendments to Article 46¹ of the Law on Corporate Income Tax of the Republic of Lithuania (No. IX-675) on 14 September 2026, which would increase the maximum tax deduction available for qualifying investment projects from
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Dominican Republic consults on tax reform rules
The Dominican Republic’s Executive Power had submitted the draft Application Regulation for Law No. 30-26 for public consultation, setting out rules on tax procedures, incentive regimes, withholding taxes and other administrative measures. The
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Romania cuts diesel excise duty by 25% through September
Romania’s Ministry of Finance has confirmed a 25% reduction in excise duty on diesel for the period 16 September to 30 September 2026 in an announcement on 15 September 2026. This decision follows the bimonthly assessment process set out in Law
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Angola: AGT sets August deadline for 2026 provisional industrial tax
Angola’s taxation authority, the General Tax Administration (AGT) has announced on 27 August 2026 that taxpayers under the general regime must settle their provisional industrial tax for the 2026 fiscal year by 31 August 2026. Calculation
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Philippines: BIR clarifies VAT refund rules for export-oriented enterprises
The Philippines’ Bureau of Internal Revenue released Revenue Memorandum Circular (RMC) No. 96-2026 on 7 September 2026. BIR Commissioner Charlito Martin R. Mendoza issued the circular to provide guidance on how qualified Export-Oriented
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Brazil expands fuel subsidies, cuts gasoline and ethanol taxes
Brazil's government announced fresh fuel relief measures on 9 September 2026, expanding diesel subsidies and cutting taxes on gasoline and ethanol. The move comes as crude oil prices remain elevated near USD 100 per barrel, driven by regional
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Poland proposes new windfall tax on oil companies to lower fuel costs
Poland's government has moved forward with plans for a windfall tax (excess profit tax) on oil companies' excess profits. Prime Minister Donald Tusk announced on 15 September 2026 that the government intends to impose a 60% levy on revenue generated
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US: IRS extends livestock tax relief for drought-affected farmers
The US Internal Revenue Service (IRS) issued new guidance on tax relief for farmers and ranchers across the country who sold or exchanged livestock due to severe drought on 15 September 2026. The extension allows affected producers to defer taxes on
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France to reduce exceptional corporate tax surcharge in 2027
France plans to lower the exceptional corporate tax surcharge paid by very large companies in 2027, Prime Minister Sébastien Lecornu said in a letter to business executives today, 16 September 2026. The measure would stop short of abolishing the
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Colombia: Congress passes 2027 budget amid worsening public finances
Colombia’s Congress approved the government’s 2027 spending budget on 14 September 2026, setting expenditure at COP 634.9 trillion (USD 206.6 billion) as public finances faced a projected record fiscal deficit. The Senate and lower house backed
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Canada expands tax breaks with permanent Productivity Mega Deduction to attract global investment
Canada’s Prime Minister Mark Carney announced a new tax measure on 15 August 2026 aimed at strengthening Canada's economy and drawing foreign investors to the country. The initiative, called the Productivity Mega Deduction, expands a previous
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Australia: Treasury proposes major changes to R&D tax incentive, initiates consultation
The Australian Treasury has released draft legislation to overhaul the nation's tax framework for emerging businesses and research ventures. The Treasury Laws Amendment (Tax Reform No. 5) Bill 2026: Better targeting the Research and Development Tax
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Ukraine: Finance committee approves draft VAT reforms for international parcels
Ukraine's Parliamentary (Verkhovna Rada) Committee on Finance, Tax and Customs Policy has recommended that parliament adopt revised draft laws introducing new VAT rules for small international postal and express shipments purchased through online
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France extends zero VAT treatment to air transport in Guadeloupe, Martinique
France has extended its 0% value added tax (VAT) rate to air transport services carried out in Guadeloupe and Martinique, effective from 21 February 2026, according to an update (ACTU-2026-00140) published by the French tax administration on 2
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