Saturday, September 19, 2026
Poland’s Council of Ministers backed a draft amendment to the Act on Goods and Services Tax and related legislation, according to a release on 2 September 2026. The modifications target the VAT e-commerce package, which took effect on 1 July 2021, by clarifying ambiguities that emerged during practical implementation. Regulators identified interpretation gaps that required...
Panama has published Law No. 546 of 31 August 2026, in the Official Gazette, which modifies Article 4 of Law 106 of 1974 to establish a preferential tax regime for the first sale of new housing units. The primary focus is a tax exemption on the first PAB 120,000 of the sale price for newly...
The Kenya Revenue Authority (KRA) and the National Treasury have completed integrating two major systems: the Electronic Tax Invoice Management System (eTIMS) and the Integrated Financial Management Information System (IFMIS), according to a public notice on 31 August 2026. The move forms part of the government’s broader digital transformation push. The connection between these platforms...
Poland’s Ministry of Finance has published draft corporate income tax and personal income tax regulations for consultation that would extend the temporary exemption from the “pay and refund” withholding tax mechanism for so-called technical payers. These include financial intermediaries that manage securities or omnibus accounts, such as custodian banks and brokerage houses. The Polish Ministry...
Bolivia’s tax authority, the National Tax Service (SIN) has approved Regulatory Resolution (RND) No. 102600000032 on 1 September 2026, granting an extension until 15 September 2026 for instalment payments under the Payment Facilities program associated with the Tax Relief Law. New payment mechanism prompts extension The extension addresses operational demands created by introducing the Payment...
Canada’s Department of Finance announced that it has extended its temporary suspension of the federal fuel excise tax on 2 September 2026, providing continued relief as global economic pressures persist. Honourable François-Philippe Champagne, Minister of Finance and National Revenue, confirmed the extension will run through 31 January 2027, with a partial restoration of the tax...
Finland’s government has announced the 2027 budget proposal, on 1 September 2026, with the intention to stimulate the economy through targeted tax cuts for low- and middle-income earners and a significant reduction in the corporate tax rate to 18%. The budget’s key tax measures are: Corporate and entrepreneurial taxation Lower corporate tax rate: The corporate...
Hungary’s National Tax and Customs Administration (NAV) has published a new eVAT Tool on its website from July 2026 to help businesses shift towards mandatory digital VAT reporting, ahead of the eVAT system becoming compulsory from 1 January 2027. The software bridges Excel-based VAT records with NAV’s machine-to-machine (M2M) upload interface, allowing users to load,...
The UAE will introduce a minimum excise price of AED 1 per millilitre for liquids used in electronic smoking devices and tools from 1 September 2026, under Cabinet Decision No. 137 of 2026. Issued on 24 July 2026, the decision applies to such liquids whether or not they contain nicotine. Their excise price will continue...
The Saudi Arabian Council of Ministers authorised the signing of an income and capital tax treaty with Argentina on 1 September 2026. The proposed agreement aims to provide for the avoidance of double taxation with respect to taxes on income and capital, helping establish rules for the tax treatment of cross-border income and capital. It...