US: IRS suspends penalties on dyed diesel sold/used on highways
The US Internal Revenue Service (IRS) announced on 14 October 2026 that it will not impose penalties when dyed diesel fuel is sold or used on highways. The decision follows a presidential executive order on emergency tax relief for diesel
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US: IRS revises safe harbour guidance for digital asset staking by investment trusts
The US Internal Revenue Service (IRS) issued Revenue Procedure 2026-20, clarifying updated safe harbour guidelines for investment and grantor trusts that engage in digital asset staking. Effective for tax years ending on or after 6 October 2026,
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Brazil extends simplified national tax regularisation deadline to 15 October
Brazil’s tax authority, the Federal Revenue Service (RFB) announced on 13 October 2026 that it has set 15 October 2026 as the final deadline for businesses to apply for the Simplified National Tax System (Simples Nacional). Applications
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Bolivia introduces five-year VAT exemption for machinery, productive inputs
Bolivia's Tax Administration (SIN) announced on 12 October 2026 that it introduced a five-year VAT exemption for businesses purchasing capital equipment and productive inputs. The policy, governed by Law No. 1755 and Regulatory Supreme Decree No.
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Dominican Republic: DGII consults on educational expense tax deductions
The Dominican Republic’s General Directorate of Internal Taxes (DGII) opened a public consultation on 6 October 2026 on a draft General Rule governing the deduction of educational expenses from income tax for individuals. The proposal aims to
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Bolivia: SIN repeals e-invoicing deadlines for four taxpayer groups following VAT changes
Bolivia’s National Tax Service (SIN) published Board Regulatory Resolution No. 102600000038 on 30 September 2026, repealing earlier resolutions that established online invoicing implementation deadlines for taxpayers in the ninth, tenth, eleventh
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Ecuador: National Assembly approves tax code revisions to clarify appeals, penalties, taxpayer rights
Ecuador’s National Assembly approved an Organic Reform Law to amend the Organic Tax Code on 6 October 2026. The reform aims to address inconsistencies in the existing tax framework, improve legal certainty and clarify procedural requirements
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Brazil extends fuel relief to lower consumer costs
Brazil’s government announced on 9 October 2026 that it is extending fuel-price relief measures for another month. President Luiz Inácio Lula da Silva's administration rolled out the package to reduce cost-of-living pressure as voters prepare for
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US: IRS further extends relief for taxpayers affected by conflict in Israel through September 2027
The US Internal Revenue Service (IRS) announced, on 30 September 2026, new tax relief for individuals and businesses impacted by the ongoing conflict in Israel. The agency is postponing tax filing and payment deadlines until 30 September 2027 for
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Argentina: ARCA further extends 2025 individual income tax filing deadline
Argentina’s tax authority (ARCA) announced, on 8 October 2026, that it extended the deadline for individuals to file 2025 income tax returns to 30 October 2026 under General Resolution 5911/2026, published in the Official Gazette. The extension
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Dominican Republic enacts comprehensive games tax and regulatory framework
The Dominican Republic has enacted Law 86-26 regulating games of chance and establishing the General Directorate of Games of Chance (DGJA). Promulgated on 22 September 2026 and published in Official Gazette No. 11263 on 2 October 2026, Law 86-26
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Brazil: Supreme Federal Court sets conditions for tax penalties on profit distributions
The Brazilian Supreme Federal Court (STF) recently reached a defining resolution in its jurisprudence regarding corporate tax enforcement and financial governance. In its decision on Direct Action of Unconstitutionality (ADI) 5161, finalised on
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Argentina: ARCA overhauls international tax, transfer pricing rules
Argentina's tax authority (ARCA) has published General Resolution 5903/2026 in the Official Gazette on 30 September 2026. This regulation completely overhauls and unifies Argentina's international tax and transfer pricing rules into a single,
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US: Trump Administration eyes federal gas tax suspension
President Donald Trump said on 6 October 2026 that his administration is considering suspending the federal gas tax. The proposal responds to mounting pressure from rising fuel prices, which have become a major political concern for Republicans
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Uruguay: MoF extends reduced VAT rate for tourism services
Uruguay’s Ministry of Finance ( MoF) has announced that the Executive Branch extended a nine-percentage-point reduction in the VAT rate for certain tourism-related services until 30 April 2027 under Decree No. 235/026, signed by President Yamandú
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US: Trump issues diesel tax exemption order as fuel prices strain election prospects
The US President Donald Trump signed an executive order on 5 October 2026 to expand access to tax-exempt diesel fuel. The announcement came during a campaign rally in Grand Island, Nebraska, where Trump unveiled the directive from the stage. The
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Brazil enacts law lowering CSLL rate for local reinsurance companies
Brazil’s President has sanctioned Law No. 15,525/2026 of 28 September 2026, establishing a specific corporate tax framework for local reinsurance companies in Brazil. The Official Gazette published Law No. 15,525/2026 on 29 September 2026. The
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Brazil: RFB publishes Q&A guide on Pillar Two qualified domestic minimum top-up tax
Brazil’s Federal Revenue Service (RFB) published the first edition of its Q&As guide on the Additional Social Contribution on Net Profits (CSLL) on 2 October 2026. The guide provides practical guidance on Brazil’s recently implemented
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