Thursday, October 29, 2026
Bangladesh’s government may introduce a bill in the next parliamentary session to split the National Board of Revenue (NBR) into two divisions, following the submission of recommendations by a nine-member committee headed by Prime Minister Tarique Rahman’s Adviser. The proposed restructuring would establish a Revenue Policy Division and a Revenue Management Division to separate tax...
Germany’s federal government said on Friday, 16 October 2026, that it remains committed to cutting electricity taxes to the EU minimum, but only if the resulting budget shortfall is offset. A finance ministry spokesperson said the cut would reduce annual tax revenues by about EUR 5 billion. Chancellor Friedrich Merz had pledged on 12 October...
Taiwan’s National Taxation Bureau of the Central Area, Ministry of Finance, has stated that businesses that filed their tax returns within the statutory deadline but paid the tax due late can still carry forward losses from the previous 10 years for offset against profits. This applies only if the delay did not reach the threshold...
The UK’s HM Revenue & Customs (HMRC) published Help with VAT treatment of cryptoassets, Guidelines for Compliance GfC21 on 15 October 2026 and updated the guidance on 21 October. The guidance explains how UK VAT rules apply to businesses involved in cryptoasset transactions, including the sale and exchange of tokens and the operation of digital...
The Netherlands has issued Decree No. 2026-18520, the Policy Decree Retroactive Effect for Non-Tax-Free Contribution 2026 (Beleidsbesluit terugwerkende kracht bij ruisende inbreng 2026), replacing the previous decree of 2008. It was issued on 14 October 2026, published in the Official Gazette (Staatscourant) No. 36812 on 22 October 2026, in Dutch only, and applied from 23...
US Streamlined Sales Tax Governing Board (SSTGB) approved amendments to the Streamlined Sales and Use Tax Agreement (SSUTA) on 14 October 2026, establishing a new voluntary disclosure programme for qualified remote sellers. The SSTGB is a multistate body of state government representatives. It works to simplify and standardise sales and use tax collection across the...
Brazil is putting its Consumption Tax Reform into effect, and the new system brings extra paperwork for small operators. Many of them run one-person businesses with little time or staff to handle it. The federal government responded with two new rules that reduce those obligations for the smallest taxpayers on 23 October 2026. Decree No....
Belgium’s tax authority (FPS Finance) announced on 23 October 2026 that from 1 November 2026, a European Union processing fee of EUR 2 per item will apply to eligible goods sold remotely from third countries. Customs authorities will collect the fee to cover the processing of applications for the release of these goods. Commission Delegated...
New Zealand has published the Double Tax Agreements (Republic of Croatia) Order 2026, providing for the ratification of its income tax treaty with Croatia on 24 August 2026. The agreement, signed on 20 November 2025, aims to eliminate double taxation and prevent tax evasion and avoidance. It caps withholding tax on dividends at 5% for...
US President Donald Trump declared that imports of wind turbines and their components threaten US national security on 22 October 2026. He made the declaration in a White House proclamation, but the order does not add new tariffs on the sector. The Commerce Department investigation identified three main risks. Foreign-made equipment raises cybersecurity concerns. Turbines...