Saturday, August 08, 2026
Portugal has approved a temporary reduction in the minimum unit tax rates applied to petroleum and energy products under ISP (Imposto sobre os Produtos Petrolíferos e Energéticos), in response to rising energy costs linked to the Middle East crisis, under Law No. 12-B/2026 of 15 April 2026. The measure applies to unleaded petrol and diesel,...
The Ministry of Finance has announced yesterday, 19 April 2026, that the individual tax return filing period for Fiscal Year 114 (2025) will run from 1 May to 1 June of Fiscal Year 115 (2026), with a revised deadline reflecting the impact of non-working days on the original schedule. The individual income tax final settlement...
The French Tax Administration announced, on 15 April 2026, new provisions establishing a distinct category of innovative young enterprises and extending critical tax relief measures through 2028, following the enactment of Law No. 2026-103 of 19 February 2026 on Finance for 2026. Article 23 of Law No. 2026-103 on Finance for 2026 creates a new...
Bolivia’s National Tax Service (SIN) has approved Board Resolution (RND) 102600000014, introducing changes to the submission of financial statements, annual reports, and transfer pricing studies, while extending the deadline for the submission of sworn declarations and payment of the Corporate Income Tax (IUE) to 29 May 2026. The extension applies to taxpayers with a fiscal...
Kenya’s National Assembly is set to consider new legislation that would eliminate capital gains tax on internal company reorganisations, potentially saving businesses millions in restructuring costs. The Income Tax (Amendment) Bill, 2026, tabled on 2 April 2026 by Member of Parliament Kimani Kuria, proposes significant changes to how corporate asset transfers are taxed when companies...
The US Internal Revenue Service (IRS) announced on 16 April 2026 a new online tool to help taxpayers understand and resolve tax debt. The Tax Debt Help tool provides individuals and businesses with a simple, accessible way to explore payment options and identify next steps based on their situation. The tool is part of the...
Brazil’s tax authority, the Federal Revenue Service (RFB) has launched a public consultation process on 17 April 2026 to amend Normative Instruction RFB No. 2,228/2024, which governs the CSLL Surcharge. Interested parties can submit their feedback between 17 April 2026 and 3 May 2026. The CSLL Surcharge was introduced through Provisional Measure No. 1,262 of...
The OECD published an updated list of signatories, including their signing dates, to the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA) on 31 March 2026. The agreement facilitates the automatic exchange of GloBE Information Returns between tax authorities and reduces compliance costs for multinational enterprise groups...
Canada’s Minister of Finance and National Revenue announced on 15 April 2026 that he will table the Spring Economic Update 2026 on Tuesday, 28 April 2026. In the Spring Economic Update 2026, the government will provide an update on its plan to build the strongest economy in the G7, and outline additional actions taken to...
Croatia’s Ministry of Finance has submitted a draft law to ratify a new tax treaty with Australia during a meeting on 16 April 2026. The agreement between Croatia and Australia on the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance was signed in Canberra on...