Hong Kong to raise stamp duty on high-value homes
Hong Kong’s Stamp Duty (Amendment) Bill 2026 will be gazetted on 6 March to increase the stamp duty rate for residential property transactions where the amount or value of consideration exceeds HKD 100 million, from 4.25% to 6.5%, as announced in
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Ethiopia: Council of Ministers unveils new investment tax, customs incentives
Ethiopia’s Council of Ministers has introduced Regulation No. 586/2026, published in the Official Gazette on 23 February 2026, establishing a new system of tax and customs incentives to encourage investment in strategic sectors. The regulation
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Taiwan: Taipei Tax Bureau opens applications for 114th income tax filing support
Taiwan’s Taipei National Taxation Bureau, Ministry of Finance, has opened applications for supporting measures related to the 114th annual individual income tax return filing, scheduled for May 2026 (year 115). Taxpayers can submit requests
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Spain repeals Royal Decree-Law 2/2026 covering social measures, tax reforms, regional financing
Spain’s Congress of Deputies has officially repealed Royal Decree-Law 2/2026, originally issued on 3 February 2026. The repeal was formalised in a Congressional Resolution dated 26 February 2026 and published in the Official State Gazette (BOE) on
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Bangladesh: NBR invites budget proposals for 2026-27
Bangladesh’s National Board of Revenue (NBR) has requested taxpayers, business organisations, trade bodies and other stakeholders to submit proposals for the 2026-27 fiscal year budget. The move is part of the board’s preparations to formulate a
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Russia considers one-time tax on bank windfall profits
Russia is considering a one-time windfall tax on banking sector profits, following a bill submitted to the State Duma. The initiative, filed under Bill No. 1162521-8, was published in the chamber’s electronic database. The excess profits for
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US: IRS issues new schedule for claiming deductions on tips, overtime, auto loans, senior income
The US Internal Revenue Service (IRS) has published a new schedule for tax year 2025 on 2 March 2026, which taxpayers will use to realise important tax benefits of the One, Big, Beautiful Bill, including no tax on tips, no tax on overtime, no tax on
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Romania: Emergency Ordinance targets R&D, green tech, strategic investments
Romania has published Emergency Ordinance No. 8 of 24 February 2026 in the Official Gazette, which introduced a comprehensive package of fiscal and investment measures aimed at supporting economic recovery. Emergency Ordinance no. 8/2026
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Sri Lanka amends Inland Revenue raising capital gains tax, tightens compliance rules
Sri Lanka’s government has issued a Bill amending the Inland Revenue Act on 20 February 2026, marking substantive tax changes and compliance reforms. Published in the gazette on 24 February 2026, it introduces capital gains tax rate revisions and
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Ukraine: MoF consults draft anti-tax avoidance law
Ukraine’s Ministry of Finance (MoF) has launched a public consultation, on 24 February 2026, on the Draft Law “On Amendments to the Tax Code of Ukraine regarding the implementation of rules to counter tax avoidance practices that directly affect
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Azerbaijan issues key updates to tax reforms, investment rules
Azerbaijan enacted Law No. 355-VIIQD on 23 February 2026, mandating tax registration for non-resident e-commerce operators. Businesses without permanent establishments must register electronically if their annual turnover exceeds USD 10,000 in
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Spain: Barcelona raises tourist tax to ease housing pressure
Spain’s Barcelona has increased its tourism levy, making it one of the highest in Europe, as authorities aim to curb visitor numbers and support affordable housing. From April, hotel guests will pay between EUR 10–15 per night, up from EUR 5
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France consults on low-emission vehicle incentive tax
France’s tax authority has opened a public consultation on updates to the annual incentive tax for low-emission light vehicles (TAI), reflecting changes introduced by Law No. 2025-127 of 14 February 2025, Finance Law for 2025 on 25 February
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Singapore: IRAS updates GST registration guide with InvoiceNow requirement for new registrants
The Inland Revenue Authority of Singapore (IRAS) has updated its Guide to completing the GST registration form, with the main change highlighting the InvoiceNow implementation date for all new GST-registrants, including those required to register
See MoreRomania: MoF launches blockchain-based fiscal receipt system to combat tax fraud
Romania’s Ministry of Finance, in a press release on 26 February 2026, announced that it is rolling out BF-CHAIN, an innovative project using blockchain technology to revolutionise how fiscal receipts from electronic cash registers are managed and
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Singapore: GST e-invoicing mandatory for all businesses by 2031, phased rollout begins 2028
The Inland Revenue Authority of Singapore (IRAS) announced, on 26 February 2026, plans to extend the GST InvoiceNow requirement to all GST-registered businesses by April 2031. The move, revealed during the Ministry of Finance Committee of Supply
See MoreUS: IRS introduces online portal for reporting tax scams
The US Internal Revenue Service (IRS) announced the launch of a new web page on 26 February 2026 that allows taxpayers to confidentially report suspected tax fraud, scams, evasion, or other tax-related illegal activities, as well as internal-facing
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Qatar: GTA warns against fraudulent messages impersonating the authority
Qatar’s tax authority, the General Tax Authority (GTA), in a press release on 25 February 2026, has warned of fraudulent messages on 25 identified as being circulated via email and text messages, impersonating the Authority and containing
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