Poland’s Ministry of Finance announced, on 27 April 2026, that it has extended its fuel package tax cuts through 15 May 2025, offering continued relief to consumers as Middle East conflicts keep fuel markets volatile. This follows the Finance and Economy Minister’s decision to maintain the reduced VAT rate of 8% on petrol, diesel, and...
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 long-term prosperity. The Update delivers generational infrastructure and nation-building projects, diversifies Canada’s trade, supports workers and young people, builds more homes,...
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 Employee Retention Credit (ERC) claim to avoid refund litigation. When an ERC...
The US President Donald Trump has revealed that he will address several pressing bilateral issues with King Charles during the British monarch’s upcoming state visit to Washington, including the UK’s digital services tax. Speaking to Reuters on Friday, 24 April 2026, Trump confirmed that Britain’s digital tax policy will feature prominently in his discussions with...
Romania’s National Agency for Fiscal Administration (ANAF) has proposed an administrative reform on 17 April 2026 to implement reporting requirements for a newly established solidarity contribution. This reform is driven by Government Emergency Ordinance (OUG) no. 24/2026, which introduced several measures to address energy market dynamics. The Ministry of Finance is proposing amendments to ANAF...
Kyrgyzstan and Vietnam successfully completed negotiations on a draft agreement on the elimination of double taxation, in Hanoi from 21 to 23 April 2026. The Economy Ministry of Kyrgyzstan stated that the agreement will enable entrepreneurs to avoid double tax payments on the same income, protect them from discrimination in foreign markets, and establish a...
India and New Zealand signed a free trade agreement (FTA) on Monday, 27 April 2026 in New Delhi, aiming to cut tariffs, expand market access and strengthen economic ties amid ongoing global trade tensions. The deal was signed by India’s Commerce and Industry Minister Piyush Goyal and New Zealand’s Trade Minister Todd McClay in the...
The OECD announced that it published “A Practical Guide to Investment Tax Incentives”, offering governments—especially in developing and emerging economies—practical guidance on designing and implementing investment tax incentives on 27 April 2026. The guide covers the complete policy lifecycle, from conception through design, implementation, monitoring, evaluation, and reform. Drawing on global experiences, it identifies common...
France has updated its list of non-cooperative states and territories for tax purposes through the Decree of 15 April 2026, published in the Official Gazette on 26 April 2026. The measure is issued under Article 238-0 A of the General Tax Code (CGI) and is part of France’s framework for identifying jurisdictions that do not...
Namibia’s Ministry of Finance has revised its roadmap for implementing a nationwide e-invoicing system, moving away from the previously announced April 2026 launch date. The Ministry of Finance (MoF) now indicates the initiative will roll out sometime between 2026 and 2029, though no specific date has been confirmed. The e-invoicing reform remains a priority for...