Tuesday, March 17, 2026
Jamaica’s tax administration (TAJ) announced, on 19 February 2026, that it will introduce separate due dates for the filing of Final Income Tax and Assets Tax Returns, beginning with the Year of Assessment 2025. Under a proposed amendment to the Income Tax Act and the Assets Tax Act, the filing deadline for Final Corporate Income...
President Donald Trump warned, on Monday, 23 February 2026, that countries reconsidering recently negotiated US trade agreements would face significantly higher tariffs under alternative trade laws, following the Supreme Court’s decision to invalidate his emergency global tariffs. On 20 February 2026, the US Supreme Court, in a 6–3 decision in Learning Resources v. Trump, held...
Romania’s tax authority, the National Agency for Fiscal Administration (ANAF), has issued an Order No. 179/2022 on 16 February 2026 to modify the reporting requirements for Form 205, the “Informative Declaration on Withholding Tax and Investment Gains/Losses per Income Beneficiary.” This update introduces a new income category that must be reported by legal entities and...
Italy’s Council of Ministers has given approval to a comprehensive legislative decree on 18 February 2026 that consolidates Italy’s income tax laws, following a proposal by Economy and Finance Minister Giancarlo Giorgetti. This compilation brings together decades of scattered tax regulations into a single unified document. The measure merges existing income tax legislation while eliminating...
Brazil’s tax authority, the Federal Revenue Service (RFB) has launched a public consultation for the residual batch of Individual Income Tax (IRPF) refunds on 20 February 2026. This batch includes 204,824 refunds totalling BRL 578,974,901.07, benefiting both priority and non-priority taxpayers. Bank credits will be processed on 27 February 2026. Priority taxpayers will receive BRL...
The Inland Revenue Authority of Singapore (IRAS) has issued a new guidance page titled GST Registered Companies Under Liquidation on 20 February 2026, designed to assist both GST-registered companies and their liquidators in understanding the GST obligations that arise during the liquidation process. The guidance outlines the key requirements and also includes examples and FAQs...
US Trade Representative (USTR) Jamieson Greer announced, on 20 February 2026, plans to launch multiple investigations under Section 301 trade provisions targeting most major trading partners, following the Supreme Court’s decision to strike down tariffs imposed under the International Emergency Economic Powers Act. The forthcoming probes will examine diverse trade issues, including pharmaceutical pricing practices,...
The Netherlands has issued Regulation No. 2026-0000036908, published in the Official Gazette on 20 February 2026, which sets the definitive deemed rates of return for Box 3 income for 2025 and addresses previously overlooked indexation in other tax laws. The regulation, issued by the State Secretary of Finance on 12 February 2026, retroactively fixes the...
The US Supreme Court ruled 6-3 on 20 February 2026 in Learning Resources v. Trump that President Donald Trump exceeded his authority by imposing sweeping global tariffs under the International Emergency Economic Powers Act of 1977 (IEEPA). Chief Justice John Roberts, writing for the majority, determined that the International Emergency Economic Powers Act (IEEPA) of...
France has enacted Finance Law for 2026 (Law No. 2026-103) and published it in the Official Journal of the French Republic on 20 February 2026. Before promulgation, the Constitutional Court reviewed the legislation and validated most of its provisions. Only limited measures were annulled on procedural grounds. The Court’s decision, No. 2026-901 DC of 19...