Ukraine’s central bank has raised its key policy rate by 0.5 percentage points to 15.5%, effective 31 July 2026, citing persistent underlying inflationary pressures and expectations that headline inflation will accelerate further before easing. The key policy rate is applied to calculate interest and penalties on late tax payments. The National Bank of Ukraine (NBU)...
Mexico’s Tax Administration Service (Servicio de Administración Tributaria, SAT) has published an updated list of non-resident digital service providers registered for VAT purposes, with 286 entities included as of 30 June 2026. The update was issued through Official Letter No. 700 04 00 00 00 2026-077 published in the Official Gazette on 24 July 2026....
Greece has secured confirmation from the European Commission that the accreditation of its Paying Agency has been reinstated, marking the restoration of the country’s agricultural payments body after reforms implemented under an Action Plan covering September 2024 to March 2026. The agency now operates as the General Directorate of Audits, Aid and Payments (GDAAP) within...
Belgium’s Federal Public Service Finance has published the Royal Decree of 24 July 2026 in the Official Gazette on 30 July 2026, amending the rules governing the application of withholding tax. The decree introduces several important amendments to the rules for applying Annex III, particularly following the Law of 15 July 2026 reforming personal income...
Colombia’s National Tax and Customs Directorate (DIAN) has introduced a new validation mechanism for its Electronic Invoicing System from 28 July 2026, adding additional identity verification requirements for users accessing documents through the “Search Document” option. The measure, announced by DIAN on 23 July 2026, is intended to strengthen the security of taxpayers’ information and...
The Brazilian Federal Revenue Service (RFB) and the CGIBS have announced on 31 July 2026 that the approval of Joint Act RFB/CGIBS No. 4 of 30 July 2026, in accordance with Article 112 of Decree No. 12,955/2026 (CBS Regulation) and CGIBS Resolution No. 6/2026 (IBS Regulation). The Joint Act sets out the schedule for the...
Brazil’s Federal Revenue Service (Receita Federal) and the IBS Management Committee (CGIBS) will suspend the mandatory requirement to complete fields relating to the Contribution on Goods and Services (CBS) and the Tax on Goods and Services (IBS) in a range of electronic fiscal documents, as part of adjustments linked to the country’s Consumption Tax Reform....
The European Commission has adopted an Implementing Regulation extending the suspension of EU rebalancing measures on US exports to the European Union on 31 July 2026. The decision means that the rebalancing measures, adopted last summer in the context of the risk of very high US tariffs on EU exports, will remain suspended without an...
The Lebanese Ministry of Finance issued new rules governing the exceptional tax on profits from US dollar purchases made through the former Sayrafa platform, increasing the eligibility threshold while detailing how taxpayers, banks and the tax administration must comply with the measure. The new rules, issued by the Ministry of Finance under Decision No. 616/1,...
Lebanon’s Ministry of Finance (MoF) has issued Decision No. 642/1 on 10 July 2026, granting reductions in tax penalties for eligible tax assessments issued from 16 November 2022, the publication date of the 2022 Budget Law. The measure, issued under Article 22 of Law No. 10 (Budget Law 2022), applies regardless of when the underlying...