Colombia expands scope of fiscal reconciliation report filing obligations
The Colombian tax authority (DIAN) has published Resolution No. 000246 of 30 December 2025, which modifies the rules governing the submission of the fiscal reconciliation report (reporte de conciliación fiscal) and expands the group of taxpayers
See More
US: Trump imposes 25% tariff on AI chips imports
US President Donald Trump has announced a new 25% tariff on selected high-performance artificial intelligence chips, including Nvidia’s H200 processor and AMD’s MI325X, under a national security proclamation issued by the White House on 14
See More
Peru extends R&D tax incentives through 2028
Peru has extended tax incentives for scientific research, technological development, and technological innovation under Law No. 32539, published on 31 December 2025. The legislation continues the benefits previously established by Laws No. 30309
See More
Argentina enacts sweeping overhaul of tax criminal thresholds, procedures
Argentina has enacted Law 27,799, introducing extensive amendments to the Tax Criminal Regime under Law No. 27,430 and the Tax Procedure Law (Law No. 11,683) together with related changes to civil, commercial and social security legislation.
See More
Peru: Government extends VAT exemptions for certain goods, services
The Peruvian government has extended the VAT (Impuesto General a las Ventas, IGV) exemption for the transactions listed in Appendices I and II covered under the VAT Law. The law ensures continued VAT relief on essential goods and selected
See More
Canada, Qatar set to conclude tax treaty negotiations
Canadian and Qatari officials met on 8 January 2026 to discuss ways to strengthen bilateral cooperation, The Qatar News Agency (QNA) reported. HE Dr Ahmed bin Mohammed Al Sayed, Minister of State for Foreign Trade Affairs, welcomed HE Maninder
See More
Argentina: ARCA extends VAT prepayment relief on essentials until mid-2026
Argentina’s tax and customs authority (ARCA) published General Resolution 5,807 in the Official Gazette on 30 December 2025, announcing an extension to the suspension of advance VAT collection on essential items, including food, medicines, and
See More
US: Trump to imposes tariffs on Iran’s trade partners
Alongside military considerations, Trump has moved to sharply increase economic pressure on Iran. He announced on Monday, 12 January 2026, the immediate imposition of a 25% tariff on any country doing business with Iran, a step that could
See More
Argentina raises statutory limit for tax evasion cases
Argentina has increased the thresholds for tax evasion and aligned the statute of limitations with civil and commercial regulations under Law 27,799, which was published in the Official Gazette on 2 January 2026. Law 27,799 introduces a
See More
Colombia: DIAN raises tax value unit for 2026
The Colombian Tax and Customs National Authority (DIAN) issued Resolution No. 000238 on 15 December 2025, setting the Tax Value Unit (Unidad de Valor Tributario – UVT) for 2026 at COP 52,374. This is an increase from COP 49,799 in 2025. The UVT
See More
Peru: Government raises tax unit value for 2026
Peru’s government, through Supreme Decree No. 301-2025-EF issued on 17 December 2025, has set the Tax Unit (Unidad Impositiva Tributaria – UIT) for 2026 at PEN 5,500, up from PEN 5,350. The UIT is a key reference in the country’s tax
See More
Argentina: ARCA launches digital tax address system for taxpayers, customs operators
Argentina’s tax and customs collection agency (ARCA) announced on 8 January 2026 that it will implement a new tax address regime to replace the current system. The goal is to simplify procedures, reduce administrative burden, and provide greater
See More
Argentina: Congress raises penalties for late, missing tax filings
Argentina’s Federal Congress has enacted Law 27,799, which raises penalties for formal tax violations under the Procedure Tax Law (Law 11,683). The law was published in the Official Gazette on 2 January 2026 and entered into force upon its
See More
Panama: DGI announces updated tax return forms
Panama’s tax authority (DGI) announced on 8 January 2026 several updates to the e-Tax 2.0 system, including the release of new versions of declaration forms. A new section has been added to Form F2 (Corporate Income Tax), which now
See More
US: Supreme Court to determine fate of Trump’s sweeping global tariffs on 14 January
The US Supreme Court is expected to deliver its latest round of decisions on 14 January 2026 on the legality of President Donald Trump’s global tariff policy. The court noted that its rulings may be announced when the justices convene for their
See More
US: IRS issues 2026 procedures for letter rulings, technical advice
The US Internal Revenue Service has issued Internal Revenue Bulletin 2026-01 on 29 December 2025, which includes five Revenue Procedures for 2026: letter rulings, determination letters, information letters and technical advice from the IRS. The
See More
Dominican Republic: DGII revises excise tax rates on alcohol, tobacco
The Dominican Republic’s tax authority (DGII) issued Resolution DDG-AR1-2025-00008 on 17 December 2025, revising the specific tax rates applicable to the selective consumption tax on alcohol and tobacco products. The resolution informs
See More
Colombia: DIAN publishes 2026 tax calendar with income tax, VAT, transfer pricing deadlines
Colombia’s National Directorate of Taxes and Customs (DIAN) published the 2026 tax calendar on 26 December 2025, outlining the deadlines and dates that individuals, legal entities and other taxpayers must follow to comply with their national tax
See More