Saturday, September 19, 2026
The World Trade Organisation (WTO) has published its World Trade Report 2026: A Critical Juncture for the World Trading System on 15 September 2026, examining the multilateral trading system at a critical juncture, where the WTO must adapt to a modern, multipolar global economy. The report outlines how the system’s past successes in fostering openness...
The Zambia Revenue Authority (ZRA) announced on 11 September 2026 that the Government had temporarily suspended customs duty on specified wheat imports under Statutory Instrument No. 65 of 2026. The measure was provided for under the Customs and Excise (Suspension) (Wheat) (No. 2) Regulations, 2026 and was deemed to have taken effect on 1 September...
India’s Finance Ministry has reduced the windfall gains tax on exports of petrol, diesel and aviation turbine fuel (ATF), with the revised levies taking effect from 16 September 2026. The export duty on diesel has been cut to INR 20 per litre from INR 25 per litre, while the levy on ATF exports has been...
Bulgaria’s National Assembly (parliament) is considering a Draft Law on Amendments and Supplements to the Corporate Income Taxation Act, which is meant to stimulate economic growth and industrial production by encouraging businesses to reinvest their profits into machinery and production equipment. The draft law, Ref. No. 52-654-01-132, was submitted on 10 September 2026 by Members...
Switzerland has added Benin, Burkina Faso, Dominica and Greenland to its list of jurisdictions for the exchange of Country-by-Country (CbC) reports, reporting fiscal years beginning on or after 1 January 2025. The supplement, published under RO 2026 473 on 7 September 2026, updates the scope of the Multilateral Competent Authority Agreement on the Exchange of...
Argentina’s Tax and Customs Collection and Control Agency (ARCA) has adjusted the collection mechanism for high-value instalments under payment plans, with the aim of streamlining procedures and reducing taxpayers’ administrative burden. The measure was formalised through General Resolution 5896/2026, which repeals and amends previous regulations, namely General Resolutions Nos. 5,279, 5,321, 5,525, 5,828 and 5,873....
The European Parliament approved on 16 September 2026 a major reform of the EU Customs Code that introduced stricter rules for e-commerce imports and established the new EU customs authority (EUCA). The reform will introduce a handling fee for each item bought from non-EU web shops and sent directly to EU consumers. The fee will...
The OECD reported that Albania deposited its instrument of ratification for the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI) on 15 September 2026. Albania signed the STTR MLI on 23 September 2025, establishing a framework for implementing the STTR through its bilateral tax treaties. The STTR...
The Russian Federal Tax Service has issued clarifications on changes to the rules governing the registration of separate subdivisions and foreign organisations. Organisations operating through separate subdivisions may now not only select a tax authority for registration at the location of one of them, but also withdraw from the previously chosen authority. The measure applies...
Luxembourg’s Direct Tax Administration (ACD) has updated the Frequently Asked Questions relating to the Common Reporting Standard (CRS FAQ), which is based on the amended law of 18 December 2015 on the CRS. The revised FAQ document includes an additional question under point 5, “Declaration / Reporting”, along with an update to question 1.1 under...