Posts by: RF Report


Ireland: Revenue updates 2025 Form 11 with new prefilled fields, expanded relief provisions

Ireland’s tax authority (Revenue) issued eBrief No. 127/26 on 31 August 2026, detailing a set of amendments to the ROS Form 11 2025 self-assessment income tax return. The form has been available since 1 January 2026 and continues to be updated on an ongoing basis to incorporate additional prefilled information sourced from third parties. The...

Brazil: RFB tightens monitoring of tax benefit compliance

Brazil’s tax authority, the Federal Revenue Service (RFB) announced on 2 September 2026 that it updated its rules for tracking corporate use of tax benefits through Normative Instruction RFB No. 2,341, released 31 August 2026, which modifies the earlier Normative Instruction RFB No. 2,332 from 25 June 2026. The amendment takes effect on 1 September...

Italy: Revenue Agency introduces automatic VAT settlement for unfiled returns

Italy’s Revenue Agency has published implementation rules for a new automatic VAT settlement process introduced by the 2026 Budget Law. The provision, signed on 28 August 2026, details how authorities can determine amounts owed when taxpayers fail to file their annual VAT returns. The system draws on data already held by the Administration—electronic invoices, payment...

Poland advances VAT modernisation through ViDA package implementation

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 introduces preferential real estate transfer tax exception regime, reduced progressive rates

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...

Kenya: KRA, Treasury integrate invoice systems to tighten government procurement

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 proposes extending corporate withholding tax pay & refund suspension to 2028

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: SIN extends payment deadline for relief plan participants

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 extends fuel tax relief through March 2027

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 proposes reduced corporate tax rate in 2027 budget

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...