Venezuela extends fuel tax exemptions until January 2027
Venezuela has extended a temporary exemption from VAT, customs duty, and other taxes on hydrocarbon fuels under Decree No. 5.207, published in Official Gazette No. 43.292 on 9 January 2026. The decree maintains the tax relief for the definitive
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Algeria: 2026 Finance Law revises tax rules for non-residents and PEs, adds green incentives
Algeria's Ministry of Finance has gazetted the Finance Law for 2026 on 31 December 2025. The Finance Law for 2026 sets out the national budget, defining projected revenues, spending limits, and the overall financial framework for state
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Chile: SII grants relief for taxpayers affected by Ñuble, Biobío wildfires
The Chilean Tax Administration (Servicio de Impuestos Internos, SII) has announced an automatic remission of interest and fines for taxpayers impacted by the recent wildfires in the Ñuble and Biobío regions. The relief applies to late filings
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Zimbabwe introduces broad tax changes for 2026, including digital services tax, VAT, mining adjustments
Zimbabwe has introduced a range of tax measures in its National Budget for 2026, which were enacted through the Finance Act 2025 (Act No. 7 of 2025) on 29 December 2025. The Finance Act of 2025 introduces significant amendments to existing tax
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Vietnam approves VAT law amendments, increases VAT exemption threshold for business households
Vietnam’s National Assembly has approved Law No. 149/2025/QH15 on 8 December 2025, amending and supplementing various provisions of the Law on Value Added Tax 2024 (VAT Law 2024). Government officials proposed these changes to alleviate
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Bolivia: Ministry of Economy and Public Finance proposes 100% VAT credit restoration for fuel purchases
Bolivia’s Ministry of Economy and Public Finance submitted a draft law on 31 December 2025 to repeal the 70% cap on VAT tax credits for fuel purchases, aiming to restore full (100%) credit recognition for gasoline and diesel. The move follows
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Mexico: SAT clarifies proof of tax status not required for electronic invoices
Mexico’s Tax Administration Service (SAT) has confirmed, on 20 January 2026, that the Proof of Tax Status (Constancia de Situación Fiscal, CSF) is not mandatory for issuing electronic invoices (CFDI). Any issuer who conditions the issuance of a
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China introduces temporary CIT, VAT, IIT incentives for innovative enterprise CDRs
China’s Ministry of Finance, the State Taxation Administration and the China Securities Regulatory Commission have issued Announcement No. 8 of 2026 on 21 January 2026, setting out temporary tax incentives to support the pilot programme for the
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Poland sets 2026 thresholds for small-taxpayer regimes
Poland has announced the thresholds for several small-taxpayer regimes, including the reduced corporate tax rate, the simplified VAT scheme, the simplified flat-rate tax, and the investment incentive deduction for 2026. The new thresholds
See MoreChina extends community service tax relief through 2027
China’s Ministry of Finance, State Taxation Administration, National Development and Reform Commission, Ministry of Civil Affairs, Ministry of Commerce, and National Health Commission issued Announcement No. 7 of 2026 on 15 January 2025, which
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Georgia updates excise duty framework for tobacco products
Georgia has amended its excise duty framework for tobacco and tobacco products, introducing both reduced and increased rates depending on production volume and origin. No. Product HS Code Description Unit Excise Rate (%) 3 Tobacco,
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France: Government publishes list of approved e-invoicing platforms
The French government has published a list of the first 101 platforms approved for use under the country’s electronic invoicing (e-invoicing) and electronic reporting reform. The list, issued on 16 January 2026 by the Directorate General of Public
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Cyprus Presidency outlines taxation priorities
The Cyprus presidency presented its work programme for the first half of 2026 at the EU Economic and Financial Affairs Council (ECOFIN) meeting on 20 January, outlining its taxation priorities. The Presidency will continue efforts to combat tax
See MoreChina extends tax incentives to support public rental housing development until 2027
China’s State Tax Administration issued Announcement No. 4 of 2026 on 12 January 2026, which revised tax incentives for public rental housing to strengthen the rental market. The measures provide exemptions from various taxes, including urban
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Nigeria: NRS clarifies VAT on bank charges
The Nigeria Revenue Service (NRS) has clarified, on 15 January 2026, that Value Added Tax (VAT) has not been newly applied to banking services, fees, commissions or electronic money transfers. VAT has always applied to fees, commissions, and
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Poland confirms phased rollout of mandatory KSeF e-invoicing from February 2026
Poland is preparing to roll out its National e-Invoicing System (KSeF), a digital platform for issuing, sending, receiving, and storing structured invoices. The Ministry of Finance and the National Revenue Administration (KAS) outlined the
See MoreChina extends tax exemptions for foreign bond investors through 2027
China’s Ministry of Finance and the State Administration of Taxation made two announcements on 15 January 2026 that extend tax exemptions for foreign institutional investors in its bond market. Under Announcement No. 5 of 2026, the corporate
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Italy: Tax Authorities updates annual VAT return forms
The Italian tax authorities have released the 2026 annual VAT return forms, Modello IVA 2026 and the simplified IVA BASE 2026, together with their official instructions for the 2025 tax year. The forms are available electronically on the Agenzia
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