Saturday, June 27, 2026
Zambia has implemented temporary fiscal measures on fuel following a Cabinet decision on 31 March 2026, chaired by President Hakainde Hichilema, in response to what it described as an emergency in the national fuel supply situation. The Cabinet approved the zero-rating of Value Added Tax (VAT) on supplies of petrol and diesel and the suspension...
The US Internal Revenue Service (IRS) announced on 5 May 2026 a series of resources and events to support small businesses during National Small Business Week, which runs through 9 May. For over 60 years, the U.S. Small Business Administration has recognised National Small Business Week to honour the critical role small businesses play in...
The Czech Republic government has approved a comprehensive overhaul of the country’s sales recording system alongside significant tax relief measures for businesses and citizens. First Deputy Prime Minister and Minister of Industry and Trade presented the government’s key decisions at a press conference on 4 May 2026. The new Sales Registration Act, which has been...
Qatar’s General Tax Authority (GTA) announced on 3 May 2026 that Qatar and Austria signed an amendment to certain provisions of the agreement on the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital within the framework of enhancing financial transparency and promoting joint investment. The...
The Canada Revenue Agency (CRA) announced on 17 April 2026 that eligible Canadians will receive a one-time GST/HST credit top-up on 5 June 2026. The payment is part of the transition to the Canada Groceries and Essentials Benefit, which will replace the GST/HST credit in July 2026. This top-up will be equal to 50% of...
Indonesia has introduced a temporary tax break for domestic air travellers as rising global aviation fuel costs threaten to make flights unaffordable for many citizens. The Finance Minister Regulation Number 24 of 2026 (PMK-24), issued on 24 April 2026, allows the government to absorb 100% of the Value Added Tax on qualifying domestic flights. The...
The US is proceeding with plans to increase tariffs on European Union automobile imports to 25%, US Trade Representative Jamieson Greer confirmed during an interview with CNBC Monday, 4 May 2026. Greer said he had discussions with EU and German trade officials over the weekend to explain the administration’s position on the measure, noting that...
The Cyprus Tax Department has announced a temporary shutdown of its Tax For All (TFA) online platform for scheduled maintenance on 5 May 2026. The system will be inaccessible from 1:00 PM on Thursday, 7 May 2026, until 7:30 AM on Tuesday, 12 May 2026. Due to this disruption, the Tax Commissioner has granted an...
Brazil’s Federal Revenue Service (RFB) has introduced new flexibility for taxpayers seeking to settle tax debts through administrative transactions, according to RFB Ordinance No. 676 published on 27 April 2026. The ordinance modifies Article 20 of RFB Ordinance No. 555 from 1 July 2025, which governs tax credit transactions in administrative litigation. The primary change...
Kenya’s government released the Finance Bill, 2026, proposing amendments across key tax laws, including the Income Tax Act (Cap. 470), VAT Act (Cap. 476), Excise Duty Act (Cap. 472), Stamp Duty Act (Cap. 480), Tax Procedures Act (Cap. 469B), and the Miscellaneous Fees and Levies Act (Cap. 469C). The proposed legislation covers a wide range...