Argentina updates SMEs classification criteria
Argentina’s Undersecretariat for Small and Medium-Sized Enterprises announced on 1 April 2026 that has updated the classification criteria for micro, small, and medium-sized enterprises (MSMEs) through Resolution No. 1/2026 (SICYPYME), published
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US finalises rules identifying tip-receiving occupations under the One, Big, Beautiful Bill
The US Department of the Treasury and the Internal Revenue Service announced on 10 April 2026 that it issued final regulations on the “No Tax on Tips” provision. The One, Big, Beautiful Bill final regulations provide the list of occupations that
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US consults proposed regulations on new remittance transfer tax under One, Big, Beautiful Bill
The US Department of the Treasury and the Internal Revenue Service announced, on 10 April 206, that it has proposed regulations that would provide rules and definitions related to the new excise tax imposed on certain remittance transfers, also
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Brazil warns of new digital scams involving fake income tax return
Brazil’s Federal Revenue Service has issued a warning about new digital scams after receiving reports of fraudulent messages in which criminals impersonate the agency to deceive taxpayers into accessing fake links and disclosing personal
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Liberia rolls out sweeping tax reforms as GST rises to 13%
The Government of Liberia has announced, on 7 April 2026, a series of reforms to the country’s tax system following the passage of the Liberia Tax Amendment Act of December 2025, which was approved on 24 March 2026. The updated framework
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Vietnam extends fuel tax suspension amid rising tensions in the Middle-East
Vietnam has extended the suspension of environmental protection and special consumption taxes on fuels until the end of June from 15 April to stabilise the domestic market amid ongoing supply disruptions linked to the Iran war, the parliamentary
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Angola: National Assembly approves startup law to boost innovation
Angola’s National Assembly unanimously approved, in general terms, the Startup Law Proposal, with 181 votes in favour, paving the way for the creation of a specific legal framework for innovative companies in Angola on 19 March 2026 Presenting
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Romania: MoF approves draft ANAF order on health insurance contribution recalculation
The Romanian Ministry of Finance (MOF) has issued an approval report on the draft order of the President of the National Agency for Fiscal Administration (ANAF) concerning the automatic recalculation, by the tax authority, of the health insurance
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Romania: Finance Ministry expands pre-filled tax data access for single tax return
Romania’s Ministry of Finance has expanded access to pre-filled tax data for the Single Tax Return (D212), aiming to simplify taxpayers’ interactions with the tax administration. From 9 April 2026, reports containing pre-filled information
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Poland proposes major reforms in CIT Act, targets hidden dividends and minimum tax rules
Poland has announced a law on 16 March 2026 that proposes sweeping changes to the Corporate Income Tax (CIT) Act, targeting business definitions, expense deductibility, and specialised tax regimes. These changes aim to refine definitions, introduce
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India: Tax collection assistance MoU with Japan takes effect for requests filed from 8 July 2025
India’s Ministry of Finance has confirmed that the Memorandum of Understanding (MoU) with Japan on assistance in the collection of taxes will apply to any request submitted on or after 8 July 2025. The MoU, signed in Tokyo on 30 June 2025 and
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EU Commission consults revision of e-invoicing directive
The European Commission has launched a public consultation on 18 March 2026 on the revision of Directive 2014/55/EU on electronic invoicing in public procurement, inviting stakeholders to provide feedback on possible measures to update the current
See MoreEU: Five member nations push for windfall tax on energy firms amid Iran war crisis
Finance ministers from Germany, Italy, Spain, Portugal and Austria sent a joint letter to the EU Commission on Friday, 4 April 2026, calling for immediate action to address the energy crisis triggered by military strikes that began on 28 February
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Belgium officially ends grace period for the adoption of mandatory e-invoicing
Belgium’s Federal Public Service (SPF) Finance announced, on 2 April 2026, that it had concluded its three-month grace period for mandatory electronic invoicing, which began on 1 January 2026. All VAT-registered businesses in the country must now
See MorePoland unveils stricter oversight for large-scale investments in public finance reforms
Poland's Ministry of Finance announced on 3 April 2026 that it is implementing comprehensive reforms across budget classification, state budget management, and public investment oversight, with new legislation taking effect on 14 April 2026. The
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US: Trump Administration unveils FY2027 budget, proposes reduction in non-defence funding
The Trump administration unveiled its fiscal year 2027 budget proposal on 3 April 2026, featuring significant reductions to the Internal Revenue Service (IRS) alongside increased defence spending and border security priorities. The budget, set to
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UK: Financial Reporting Council issues guidance on generative, agentic AI in audits
The UK’s Financial Reporting Council (FRC) announced it has published guidance for audit firms on using generative and agentic AI tools in audit engagements on 30 March 2026. The guidance sets out how firms can mitigate risks to audit quality
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Pakistan: FBR publishes draft guidelines for e-invoicing integration for businesses
Pakistan’s Federal Board of Revenue (FBR) has issued the draft notification S.R.O. 288(I)/2026 on 18 February 2026, which proposes a comprehensive framework for the online integration of businesses. This framework requires "integrated
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