Sunday, June 07, 2026
Kenya’s National Assembly is set to consider new legislation that would eliminate capital gains tax on internal company reorganisations, potentially saving businesses millions in restructuring costs. The Income Tax (Amendment) Bill, 2026, tabled on 2 April 2026 by Member of Parliament Kimani Kuria, proposes significant changes to how corporate asset transfers are taxed when companies...
The US Internal Revenue Service (IRS) announced on 16 April 2026 a new online tool to help taxpayers understand and resolve tax debt. The Tax Debt Help tool provides individuals and businesses with a simple, accessible way to explore payment options and identify next steps based on their situation. The tool is part of the...
Brazil’s tax authority, the Federal Revenue Service (RFB) has launched a public consultation process on 17 April 2026 to amend Normative Instruction RFB No. 2,228/2024, which governs the CSLL Surcharge. Interested parties can submit their feedback between 17 April 2026 and 3 May 2026. The CSLL Surcharge was introduced through Provisional Measure No. 1,262 of...
The OECD published an updated list of signatories, including their signing dates, to the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA) on 31 March 2026. The agreement facilitates the automatic exchange of GloBE Information Returns between tax authorities and reduces compliance costs for multinational enterprise groups...
Canada’s Minister of Finance and National Revenue announced on 15 April 2026 that he will table the Spring Economic Update 2026 on Tuesday, 28 April 2026. In the Spring Economic Update 2026, the government will provide an update on its plan to build the strongest economy in the G7, and outline additional actions taken to...
Croatia’s Ministry of Finance has submitted a draft law to ratify a new tax treaty with Australia during a meeting on 16 April 2026. The agreement between Croatia and Australia on the elimination of double taxation with respect to taxes on income and the prevention of tax evasion and avoidance was signed in Canberra on...
Croatia has published the amendments to the Corporate Income Tax Ordinance in the Official Gazette No. 39/2026 on 15 April 2026. All key changes previously outlined in the draft released for public consultation have been adopted, with only minor modifications. However, the final version also introduces several new provisions that were not included in the...
Ukraine’s Ministry of Finance has stated that the Agreement between Ukraine and Canada on Mutual Administrative Assistance in Customs Matters entered into force on 7 April 2026. Canada and Ukraine signed an agreement on mutual administrative assistance in customs matters on 24 August 2025. The Agreement is also to help Ukraine and Canada more effectively...
The Czech Senate gave its approval for the ratification of the income tax treaty with Tanzania on 15 April 2026. The treaty was signed on 14 May 2025. This is the treaty between the two countries and aims to eliminate double taxation concerning taxes on income and prevent tax evasion and avoidance between the Czech...
Belgium’s Constitutional Court delivered its decision regarding Case No. 41/2026 of 9 April 2026, following preliminary questions from the Dutch-language Brussels Court of First Instance, the Limburg Court of First Instance (Hasselt division), and the Ghent Court of Appeal. The cases involved multiple companies whose taxable income was increased by punitive surcharges of at least...