Uruguay issues detailed rules on taxation of foreign income earned by individuals
Uruguay's General Tax Directorate (DGI) has issued Resolution No. 1.517/2026, establishing detailed rules for the collection of tax on foreign income earned by individuals from 1 January 2026 under changes introduced by Law No. 20.446. The
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Argentina: ARCA extends 2025 personal income tax filing deadline
Argentina's Federal Tax Authority (ARCA) has published General Resolution No. 5876 in the Official Gazette on 20 July 2026, which amends General Resolution No. 5851. General Resolution No. 5876Â extends the filing deadline for 2025 income tax
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Brazil: RFB, CGIBS to publish joint act on mandatory electronic tax document dates for CBS, IBS
The Brazilian Federal Revenue Service (RFB) and the Management Committee for the Tax on Goods and Services (CGIBS) have announced, on 27 July, that a joint act establishing the start dates for the mandatory issuance of electronic tax documents
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Colombia: MOF proposes corporate, VAT, wealth tax reforms from 2027
The Colombian Ministry of Finance submitted a new 2026 Tax Reform Bill to Congress on 20 July 2026, introducing a broad package of tax measures aimed at strengthening public finances. Although the legislation is titled the 2026 Tax Reform Bill, most
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Dominican Republic: DGII issues FY2026 inflation adjustment multiplier
The Dominican Republic's Directorate General of Internal Revenue (DGII) has published Resolution No. DDG-AR1-2026-00006, setting the inflation adjustment multiplier, exchange rate adjustments and capital asset multipliers for the fiscal year ending
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Canada consults transfer pricing documentation amendments, various other tax measures
Canada's Department of Finance has released draft legislative proposals for public consultation on 23 July 2026 to implement a range of previously announced tax measures, along with other technical amendments to the country's tax
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Australia, Brazil, Norway rejects forced labour justification on Trump’s latest tariffs
The Trump administration imposed new tariffs across 60 trading partners—the EU, China, Japan, Canada, and dozens more—alleging they've failed to prevent goods made by forced labour from entering their supply chains on 24 July 2026. The move
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Ecuador: SRI establishes declaration, payment rules for advance tax on undistributed profits
The Ecuadorian Internal Revenue Service (SRI) has issued Resolution No.NAC-DGERCGC26-00000026, establishing the mechanism for the declaration and payment of advance payments on undistributed profits by resident companies and permanent establishments
See MoreArgentina: ARCA simplifies VAT credit recovery for mining companies
Argentina's tax authority (ARCA) has announced that it has streamlined VAT credit recovery for mining exploration companies through General Resolution No. 5879/2026, published in the Official Gazette on 23 July 2026. The new procedure
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US, Mexico lock in September USMCA talks as auto content dispute deepens
The US and Mexico will meet for a fourth negotiating round in early September 2026 to work through disagreements on revamping the 26-year-old North American trade agreement (USMCA). US Trade Representative (USTR) Jamieson Greer held talks this
See MoreCanada threatens retaliation over Trump’s 50% tariffs
Canada’s Prime Minister Mark Carney told provincial premiers on 23 July 2026 that Canada would retaliate against new US tariffs if negotiations fail. The announcement came days after US President Donald Trump imposed 50% duties on Canadian
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Chile: SII clarifies arm’s length pricing for intangiblesÂ
The Chilean tax authority (SII) has released Letter Ruling No. 1801, dated 20 July 2026, in response to a taxpayer inquiry on whether the DEMPE analysis set out in Chapter VI of the OECD Transfer Pricing Guidelines is an appropriate method for
See MoreUS: USTR announces final tariffs following Section 301 forced labour investigations
The United States Trade Representative (USTR) has announced on 23 July 2026 the final tariff measures following its Section 301 investigations into 60 countries and economies launched in March 2026 to determine whether foreign governments had taken
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US: Trump signs aluminium tariff adjustment to spur smelter investment
US President Donald Trump has signed a new proclamation on 20 July 2026, adjusting tariffs on aluminium imports to address the gap between US demand and domestic production capacity. The administration cited aluminium as critical to the economy
See MoreBrazil delays CBS registration, tax document obligations for individuals until 2027
Brazil’s tax authority, the Federal Revenue Service (RFB) announced, on 22 July 2026, the publication of Decree No. 13,075, of 21 July 2026, formalising the change in the implementation schedule for registration and documentary obligations
See MoreUS targets interim USMCA deals with Mexico, Canada by year-end as full overhaul slips to 2027
US Trade Representative (USTR) Jamieson Greer signalled this week that the Trump administration has abandoned hope of completing a full USMCA overhaul this year. Speaking before the Senate Finance Committee on 22 July 2026, Greer said he aimed to
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Peru introduces 100% tax deduction for reinvested profits under new maritime industry incentives
Peru has enacted Law No. 32706, introducing tax incentives and industry measures aimed at modernising the country's commercial fleet used for national coastal shipping while strengthening the domestic naval industry, including shipbuilding, repair
See MoreChile: SII clarifies withholding tax for short-term performing arts contracts
Chile’s tax administration (SII) has issued Ruling No. 1723-2026 of 14 July 2026, in which it addresses and formalises the tax treatment for short-term performing arts workers. The SII issued this directive in response to a specific
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