Friday, October 09, 2026
Indonesia’s newly appointed finance minister, Suahasil Nazara, pledged on 18 September 2026 to accelerate tax refund disbursements for eligible taxpayers. Speaking at the monthly State Budget press conference in Jakarta, Nazara confirmed that overpaid taxes represent a legitimate right for business owners and will be returned promptly. The Directorate General of Taxes (DGT) will manage...
President Donald Trump signed H.R. 5334, the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” into law on 18 September 2026. The House of Representatives passed the legislation two days earlier with a 262-159 vote. The bill authorises and expands sanctions, tariffs, and prohibitions targeting Russia while extending existing restrictions on Iran. The...
The Italian Revenue Agency introduced new tax codes through Resolution 30/2026, effective 16 September 2026. These codes expand the F24 form payment system to streamline declarations and payments related to inheritance tax, gift tax, mortgage tax, and land registry services. The resolution builds on earlier frameworks established by Resolution 16/2016 and Resolution 2/2025, which addressed...
The US Internal Revenue Service (IRS) and the Security Summit have issued a final warning to tax professionals as part of their five-week awareness campaign on protecting client information on 16 September 2026. The reminder concludes the fifth and final week of the “Protect Your Clients; Protect Yourself” awareness series, which provides tax professionals with...
Qatar opened The Companies House on 17 September 2026 as a single registration and licensing hub for all businesses operating within the country’s four special economic zones. The platform consolidates operations previously scattered across separate administrative bodies. The new entity handles company incorporation, registration, licensing, tax administration, data protection, employment verification, and immigration services. All...
Liberia announced that it will begin automatic exchange of financial account information under the Common Reporting Standard (CRS) by September 2028, according to a release from the OECD on 17 September 2026. The country’s commitment strengthens its participation in the Global Forum on Transparency and Exchange of Information for Tax Purposes, which it joined in...
North Macedonia has published a draft law proposing a centralised e-Faktura electronic invoicing system administered by the Public Revenue Office. The system would manage the issuance, validation, receipt, acceptance, rejection, correction, cancellation, and storage of electronic invoices and related documents in a structured digital format. Centralised e-Faktura platform & architecture North Macedonia’s draft law would...
The Kenya Revenue Authority (KRA) announced, on 17 September 2026, that it will waive penalties and interest arising from intermittent downtime of the iTax portal in September 2026. The disruption affected taxpayers’ ability to access return filing and payment services. The waiver will be implemented under Section 89(5A) of the Tax Procedures Act and will...
Serbia’s parliament amended the Law on Fiscalisation, introducing strict penalties for taxpayers who issue fraudulent or invalid electronic receipts. The change was published in Official Gazette No. 80/2026 on 8 September 2026. The Tax Administration now has authority to shut down businesses that breach the new requirements. Two categories trigger the one-year prohibition The ban...
The Cyprus Tax Commissioner has announced an extension to the annual income tax withholding deadline for employers on 16 September 2026. The new submission date for the 2025 PAYE Return is 30 November 2026. Late filing penalties Returns submitted after 30 November 2026 will incur penalties under Article 50A(a) of the Tax Assessment and Collection...