Saturday, September 19, 2026
Taiwan’s Central District National Taxation Bureau, under the Ministry of Finance, had amended rules governing corporate income tax filings for businesses that lease their own real estate, in a move aimed at ensuring fairness between individual and corporate taxpayers on rental income and preventing entities from shifting tax liability by altering their reporting classification. The...
Ghana’s Parliament passed the Excise Bill 2026 on 28 July 2026. The Excise Bill of 2026 is a comprehensive legislative proposal designed to overhaul the taxation of specific imported and locally manufactured goods in Ghana. The bill consolidates and reforms the existing legal landscape by repealing both the Excise Tax Stamp Act, 2013 (Act 873)...
Romania’s Ministry of Finance announced on 13 August 2026 that it has implemented a temporary 20% reduction in excise duty on standard diesel from 16 to 31 August 2026. The cut of RON 560.86 per 1,000 litres (or RON 663.75 per ton) lowers the excise duty level to 2,243.43 lei per 1,000 litres (RON 2,654.99...
Brazil’s National Simplified Tax System Management Committee (CGSN) approved new changes to the regulations of the National Simplified Tax System on 14 August 2026, with the aim of adapting the system to changes introduced by the Consumption Tax Reform (RTC) and regulating the incorporation of IBS and CBS into the system. Another relevant change is...
Poland’s Minister of Finance and Economy issued a regulation on 13 August 2026 temporarily reducing the VAT rate on certain motor fuels to 8%. The measure amends the Regulation of 9 December 2023 on reduced VAT rates and applies for two weeks, from 17 August through 31 August 2026. 8% VAT rate applies to selected...
New York’s so-called pied-à-terre tax faces mounting legal pressure after President Donald Trump announced on 11 August 2026 that the federal government might challenge the surcharge on luxury second homes in the city. The tax, designed to generate USD 500 million annually for New York City, has already been blocked temporarily. A Staten Island judge...
The Hong Kong Inland Revenue Department published an FTSB response dated 12 August 2026 addressing media enquiries about the expanded preferential tax regime for carried interest proposed under the Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026. The Bill, first announced in June 2026, seeks to...
The US Department of the Treasury and the Internal Revenue Service (IRS) announced that it issued proposed regulations on 11 August 2026, guiding employers that choose to make contributions to Trump Accounts for employees or their dependents. The proposed regulations also clarify nondiscrimination requirements for employers offering Trump Account contribution programs and dependent care assistance...
The Central Taiwan National Taxation Bureau of the Ministry of Finance announced on 14 August 2026 that businesses and individuals purchasing electronic services from overseas e-commerce platforms (such as Google, Microsoft, Amazon, and Apple) should declare and pay business tax in accordance with the relevant provisions of the Value-Added and Non-Value-Added Business Tax Act and...
The Tunisian Ministry of Finance, through the General Directorate of Taxes (DGI), has launched DEXEL, the new online declaration of existence platform, enabling individuals and professionals to complete their declaration of existence procedures and obtain their tax identification numbers entirely online. Available 24 hours a day, seven days a week, DEXEL allows users to submit...