Saturday, June 27, 2026
The US Internal Revenue Service (IRS) issued a release on 9 April 2026, in which it reminded last-minute tax filers of the 15 April deadline. The IRS encourages those who still need to file to use free tools and resources on IRS.gov to file on time or request an extension. From refund status and getting...
Ecuador has announced that it will increase customs duties on imports from Colombia to 100% from 50%, effective 1 May, escalating a series of tariff measures linked to border security and drug trafficking concerns. The Ministry of Production said the decision follows what it described as Colombia’s failure to implement “concrete and effective” measures on...
Algeria’s General Directorate of Taxes (DGI) issued an official instruction on 31 March 2026 ordering the suspension of all tax audits across the country through the end of the year. The directive, addressed to regional directorates, state-level tax offices, and research and audit departments, covers not only audits launched in 2026 but also those initiated...
Botswana’s Minister of Finance has tabled the 2025 Tax Amendment Bills before Parliament on 15 December 2025. The Bills include the Income Tax Bill (2025), Value Added Tax Bill (2025), the Customs Amendment Bill (2025), and the Tax Administration Bill (2025). The bills are aimed at consolidating, modernising, and harmonising Botswana’s tax legislation, as well...
The Slovak Republic’s Ministry of Finance has issued Guidance No. MF/016959/2025-724, which provides updated rules for the taxation of income derived by nonresidents from computer programs (software). This guidance, effective from 1 January 2026, aims to ensure a uniform procedure in assessing whether such payments are subject to withholding tax in Slovakia. A fundamental shift...
UK’s HMRC has issued updated guidance on the foreign income and gains (FIG) regime on 6 April 2026, setting out eligibility criteria, claim procedures, qualifying income and gains, and the implications for tax allowances. Background: FIG replaces remittance basis The FIG regime, introduced on 6 April 2025, replaces the remittance basis of assessment following its...
The Inland Revenue Authority of Singapore has introduced measures on Corporate Income Tax (CIT) rates, rebates, and tax exemption schemes, clarifying enhancements to the CIT Rebate and the CIT Rebate Cash Grant for the Year of Assessment (YA) 2026. The update is aimed at providing additional support to companies through these measures to help them manage...
Guilherme Mello, Brazil’s Planning Ministry’s newly appointed executive secretary, said on Wednesday, 8 April 2026, that Brazil is pressing ahead with fiscal discipline despite an upcoming presidential election, with new spending caps and restrictions on tax incentives set to take effect in 2027 A fiscal package introduced in 2024 built automatic adjustment mechanisms into Brazil’s...
The Italian Revenue Agency has issued an Order (Provision), on 8 April 2026, approving the technical specifications for the electronic filing of the annual global minimum tax return, covering top-up tax obligations under the Income Inclusion Rule (IIR), the Undertaxed Profits Rule (UTPR), and the Qualified Domestic Minimum Top-up Tax (QDMTT). The Revenue Agency also...
Finland’s Tax Administration issued detailed guidance regarding the minimum tax for large corporate groups yesterday, 9 April 2026, focusing on group identification and income allocation. This regulatory framework applies to both large domestic groups, where all entities are in Finland, and multinational groups, which have at least one entity or permanent establishment in a different...