Posts by: RF Report


US, Argentina expand trade deal, cuts tariffs

The US and Argentina have signed the United States–Argentina Agreement on Reciprocal Trade and Investment (ARTI) on 5 February 2026, which formalises a broad trade and investment agreement aimed at deepening economic and strategic ties between the two countries. Signed by USTR Jamieson Greer and Argentine Foreign Minister Pablo Quirno, the deal builds on a...

Cameroon releases 2026 Finance Law, includes new rules for digital giants, green levies

Cameroon’s Ministry of Finance issued a circular on the execution of the 2026 Finance Law, providing guidance on its implementation and outlining the key tax measures introduced for the year. The circular outlines the mandatory instructions for managing the national budget for the 2026 fiscal year. It establishes a comprehensive framework for taxation, customs duties,...

EC approves EUR 3 billion German aid scheme for clean technology manufacturing

The European Commission (EC) approved a EUR 3 billion German State aid scheme on 5 February 2026 to support strategic investments that add clean technology (cleantech) manufacturing capacity, in line with the objectives of the Clean Industrial Deal. This measure will contribute to the transition towards a net-zero economy. The scheme was approved under the...

US: IRS releases US–Spain competent authority agreement on arbitration

The US Internal Revenue Service (IRS) has released Internal Revenue Bulletin No. 2026-6 on 2 February 2026. The bulletin includes Announcement 2026-3, which sets out the Competent Authority Arrangement agreed between the US and Spain to implement the arbitration procedure under paragraphs 5 and 6 of Article 26 (Mutual Agreement Procedure) of the 1990 US–Spain...

US: Treasury, IRS release draft rules for clean fuel production credit under OBBB

The Department of the Treasury and the Internal Revenue Service (IRS) announced on 3 February 2026 the proposed regulations for domestic producers of clean transportation fuel to determine their eligibility for and calculate the clean fuel production credit under the One, Big, Beautiful Bill. The new law made important changes to what is often referred...

Australia: ATO clarifies eligibility for AUD 20,000 instant asset write-off for 2025–26

The Australian Taxation Office (ATO) has published a release outlining eligibility for the AUD 20,000 instant asset write-off for the 2025–26 income year on 3 February 2026. If a business has an aggregated annual turnover of less than $10 million, the instant asset write-off (IAWO) may be used to immediately deduct the business portion of...

China issues new guidance on VAT deductions

China’s Ministry of Finance and State Taxation Administration has issued Announcement No. 13 of 2026 on 30 January 2026, clarifying rules on the deduction of input value-added tax (VAT). Effective 1 January 2026, the guidance overrides previous regulations and provides detailed instructions for taxpayers on VAT calculation, asset restructuring, mixed-rate transactions, and timing of tax...

Denmark: Ministry of Taxation proposes increase in reminder fees for taxes, duties

The Danish Ministry of Taxation has submitted Bill No. L 102 to the Folketing on 3 February 2026, proposing amendments to the Collection Act and various other laws to increase reminder fees in the collection of certain taxes and duties by the Customs and Tax Administration. The proposal, tabled by Minister for Taxation Ane Halsboe-Jørgensen,...

Bangladesh to sign US tariff agreement ahead of elections

Bangladesh’s interim government will sign a tariff agreement with the US on 9 February 2026, just three days before the national parliamentary election. The delegation, led by commerce adviser Sk Bashir Uddin and commerce secretary Mahbubur Rahman, will travel via Japan, where the Bangladesh–Japan Economic Partnership Agreement (BJEPA) will be signed on 6 February. The...

Romania implements DAC9 regulations

Romania has issued Government Ordinance (GO) No. 1/2026, amending the Fiscal Procedure Code established under Law No. 207/2015, to transpose the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC9, 2025/872). The ordinance was published in the Official Gazette No. 75 on 30 January 2026. The main change in GO No. 1/2026 compared to...