Costa Rica: Tax authority issues new guidelines on international financial reporting standards
Costa Rica's General Directorate of Taxation (DGT) published Resolution MH-DGT-RES-0015-2026 of 8 April 2026 in the Official Gazette on 29 April 2026, establishing updated interpretive criteria for applying International Financial Reporting
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Greece postpones implementation of e-transport Phase B
Greece has postponed and restructured Phase B of its e-transport mandate, introducing a two-stage implementation timeline for the digital monitoring of goods movement transmitted to myDATA under Decision A.1094/2026. Under the revised schedule,
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Russia approves tax code amendments on digital currency, digital rights regulation
The Government of the Russian Federation has approved amendments to the Tax Code at a government meeting held on 29 April 2026, aligning its provisions with a draft federal law establishing comprehensive regulation for the organisation and
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US: House passes FY 2026 budget resolution
The US House of Representatives, on 29 April 2026, approved the fiscal year 2026 budget resolution (S. Con. Res. 33) by a narrow vote of 215-211, launching the reconciliation process that allows Republicans to advance legislation with simple
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Brazil rules US LLCs owned by Brazilian residents are privileged tax regimes
Brazil’s tax authority, the Federal Revenue Service (RFB) has determined that US Limited Liability Companies owned by Brazilian tax residents qualify as privileged tax regimes, triggering automatic annual taxation requirements. The decision came
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Poland: MoF consults on KSeF 2.0 e-invoicing event model
Poland's Ministry of Finance has opened a public consultation on proposed changes to its national e-invoicing platform, KSeF 2.0, focusing on how invoice-related business events and data changes should be handled and synchronised. The
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Canada releases 2026 Spring Economic Update, introduces sovereign wealth fund and pension rate cuts
Canada’s Ministry of Finance announced the Spring Economic Update 2026 yesterday, 28 April 2026, building on the momentum of Budget 2025 with strategic investments that support productivity, growth, and competitiveness and position Canada for
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US: IRS announces new option for certain taxpayers to request more time after ERC claim disallowance
The US Internal Revenue Service (IRS) announced on 27 April 2026 a new, streamlined way for taxpayers to extend the period of time for the IRS and the IRS Independent Office of Appeals to review a taxpayer’s response to a disallowance of an
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Philippines: BIR clarifies tax treatment of cross-border services
The Bureau of Internal Revenue (BIR) of the Philippines issued Revenue Memorandum Circular (RMC) No. 24-2026 on 30 March 2026Â to clarify the application of RMC Nos. 5-2024 and 38-2024 on the taxation of cross-border services. The circular aligns
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UK: HMRC proposes CCA scheme expansion, carbon factor update from 2027
The UK’s HMRC has issued a policy paper on 20 April 2026, outlining proposed updates to the Climate Change Agreements (CCA) scheme in the UK. The proposal focuses on expanding eligibility to additional energy-intensive activities, refining key
See MoreUS: Taxpayer Advocacy Panel issues 2025 annual report highlighting taxpayer-focused recommendations to improve tax administration
The US IRS has announced that the Taxpayer Advocacy Panel has released its 2025 Annual Report on 24 April 2026, highlighting accomplishments and ongoing efforts to strengthen Internal Revenue Service delivery, improve communications with taxpayers,
See MoreBrazil plans oil revenue windfall to fund fuel tax relief
Brazil's government has introduced legislation proposing to use windfall revenue from elevated oil prices to finance temporary cuts in federal fuel taxes, as geopolitical tensions in the Middle East drive energy costs higher. Planning Minister
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South Africa: SARS introduces simplified compliance framework for partnerships
South African Revenue Service (SARS) announced, on 22 April 2026, a simplified compliance framework for partnerships through the introduction of a new Beneficial Owner Register IT3(BO), aimed at streamlining beneficial ownership reporting
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Netherlands: MoF announces 2026 tax treaty agenda, possible review of Panama agreement
The Netherlands Ministry of Finance has issued a letter to the House of Representatives outlining planned and ongoing negotiations on tax treaties in 2026 on 23 April 2026. A separate government release indicates that the Netherlands is currently
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Kuwait tightens UBO rules with licensing conditions, new penalties
Kuwait’s Ministry of Commerce and Industry issued new measures strengthening its Ultimate Beneficial Ownership (UBO) framework through Ministerial Resolution No. (37) of 2026 on 16 April 2026. The resolution amends provisions under Ministerial
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Ireland updates guidance on CGT relief on company reconstruction, amalgamation transactions
Irish Revenue has published eBrief No. 084/26 on 22 April 2026, issuing revised guidance on Capital Gains Tax (CGT) relief for company reconstruction or amalgamation transactions. Tax and Duty Manual Part 20-01-02 explains the operation of CGT
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Russia, China sign tax cooperation memorandumÂ
Russia's Federal Tax Service announced on 21 April 2026 that Russia and China have formalised their collaboration through a Memorandum of Understanding signed by Daniil Egorov, Head of Russia's Federal Tax Service, and Hu Jinglin, Head of China's
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Finland: Government cuts corporate tax in fiscal plan for 2027–2030Â
The Finnish government has announced the economic plan for the years 2027–2030 on 22 April 2026. Key measures include tax incentives for households and businesses, significant investments in infrastructure and housing, and a strategic focus on
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