El Salvador to introduce tax amnesty programme for outstanding tax, customs debts
Finance Commission approved a plan allowing taxpayers to clear overdue tax and customs debts without interest or penalties. El Salvador’s Legislative Assembly reported that on 13 October 2025, the Finance Commission gave a positive
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Colombia: Senate approves 2026 budget
The 2026 budget proposal now awaits the president's signature to become official. Colombia's Senate has approved the 2026 budget on 15 October 2025, amounting to COP 546.9 trillion (USD 140.2 billion), following prior approval from the lower
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Colombia: DIAN updates reporting rules for digital platform operators
DIAN updated digital platform reporting rules with Resolution 228, clarifying definitions, expanding obligations for operators, and refining due diligence and reporting requirements. Colombia’s Tax Authority (DIAN) issued Resolution 228 on 30
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US: USTR signals 100% additional tariffs on China contingent on Beijing’s actions
US Trade Representative Jamieson Greer stated that the planned 100% tariffs on Chinese exports, scheduled for November 1 or earlier, depend on China’s actions. US Trade Representative Jamieson Greer stated on 14 October 2025 that the
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Brazil: Chamber of Deputies rejects higher taxes on equity interest, financial entities
Proposed tax changes under PM No. 1.303 will not take effect after failing to secure the required approval by the deadline. Brazil's Chamber of Deputies did not approve Provisional Measure (PM) No. 1.303 issued on 11 June 2025, which proposes
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US: IRS reminds taxpayers who filed for extensions for 15 October 2025 tax return deadline
The IRS reminded taxpayers that 15 October 2025 is the deadline to file 2024 tax returns for those who obtained an extension. The US Internal Revenue Service (IRS) issued a notice on 14 October 2025, in which it reminded individuals who filed
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Dominican Republic: DGII extends deadline for obtaining free digital certificates
DGII extended the deadline for free digital certificates required under its electronic invoicing system ahead of 2025–2026 compliance mandates. The General Directorate of Internal Taxes (DGII) of the Dominican Republic announced, on 8 October
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Dominican Republic: DGII to accept credit card tax payments
Tax Authority allowed taxpayers to pay taxes by credit card through Banco de Reservas’ digital channels starting in October 2025. The Dominican Republic’s Tax Authority (DGII) will allow taxpayers to pay taxes using credit cards starting in
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Costa Rica: DGT revises real estate transfer withholding tax
Resolution No. MH-DGT-RES-0051-2025 repeals the 2% withholding tax for residents on real estate gains while keeping the 2.5% final withholding tax for non-residents. Costa Rica tax administration (DGT) published Resolution No.
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Dominican Republic: DGII consults VAT withholding rule update
This consultation will be open until Friday 12 December 2025.. The Dominican Republic’s General Directorate of Internal Taxes (DGII) has launched a public consultation on the draft “General Rule amending Article 8 of General Rule No.
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US: Trump to impose 100% additional tariffs on Chinese imports in response to rare earth export restrictions
President Trump announced additional 100% tariffs on Chinese imports and new export controls on US software in response to China’s tightened restrictions on rare earth exports. US President Donald Trump announced on Truth Social, on 11 October
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Brazil issues updated rules for indirect tax reporting
The updated guideline requires taxpayers to include IBS, CBS, and IS amounts in the total value reported on fiscal documents. Brazil has published new guidelines on the reporting of indirect taxes for the 2026 fiscal year, titled, Practical Guide
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Argentina: ARCA launches second phase of PAIS tax refund programme for importers
ARCA opened the second phase of a special procedure allowing importers to reclaim overpaid PAIS tax, with refund requests accepted from 6 October to 19 November 2025, following an initial stage earlier in the year. Argentina’s tax authority
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Panama: Cabinet approves TIEA with Ecuador
The agreement aims to enhance transparency and cooperation on tax matters between the two nations. Panama's Cabinet has approved the tax information exchange agreement (TIEA) with Ecuador on 30 September 2025. A TIEA is a bilateral
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El Salvador: DGII introduces Form F-935 to report withholding taxes by foreign agents, individuals, entities
The notice instructs foreign agents to report all withholding taxes on the Form by the 15th of the month after the taxes were withheld. El Salvador’s tax administration (DGII) released a notice on 30 September 2025, introducing Form F-935 for
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US: IRS announces 2026 tax inflation adjustments, includes amendments from One Big Beautiful Bill
The IRS detailed annual inflation adjustments for the tax year 2026, affecting over 60 tax provisions, including tax rate schedules and other related changes. The US Internal Revenue Service (IRS) released Revenue Procedure 2025-32, detailing
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Costa Rica: DGT extends October tax deadlines amid TRIBU-CR system transition
Resolution MH-DGT-RES-0047-2025 grants a one-time extension, moving the deadline for self-assessment tax returns and July–August 2025 information returns. Costa Rica’s tax administration (DGT) published Resolution No. MH-DGT-RES-0047-2025 in
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Amending protocol to Brazil, Chile tax treaty enters into force
Signed on 3 March 2022, the protocol aims to update and modernise the 2001 agreement, aligning it more closely with current international tax standards and enhancing tax cooperation between the two countries. The amending protocol to the
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