INTERNATIONAL
European Union: EU Commission Releases Guidance Pack to Enable CBAM Participation in 2026
The European Commission released a series of ten guidance documents on 14 August 2026 aimed at supporting non‑EU businesses in applying the Carbon Border Adjustment Mechanism (CBAM) during its definitive period. The documents outline procedural steps, reporting obligations, and verification standards. Key Takeaways Electronic certificates replace paper proof: Companies must…
European Union: CBAM Webinar Follow-Up – Accreditation Overview
On 31 July 2026 the European Commission organised a webinar on the Carbon Border Adjustment Mechanism (CBAM) covering accreditation and verification procedures. The session detailed the multi‑stage process for obtaining verifier status, including competency assessments, audit requirements and ongoing monitoring obligations. Participants received guidance on technical criteria, the role of…
European Union: New EU-Turkiye Customs Agreement Enhances Cooperation
On 16 July 2026 the European Commission welcomed the adoption of a new agreement between the EU and Türkiye that strengthens mutual recognition of Authorised Economic Operator (AEO) programmes. The agreement facilitates deeper customs cooperation by automatically recognising AEO certifications issued by either party, thereby streamlining trade procedures and reducing…
Commission adopts amendments to the Union Customs Code Implementing Act to streamline the application of non‑preferential rules of origin
As of 1 July 2026, the European Commission introduced two amendments via Commission Implementing Regulation 2026/1422 that modify the Union Customs Code Implementing Regulation (UCC‑IA). These changes aim to streamline the procedural rules for proving the origin of goods that do not qualify for preferential treatment. The amendments introduce clearer…
New E-commerce duty for small packages set to increase fairness for EU businesses and safety for consumers
Starting 1 July 2026, the European Union abolished the previous customs duty exemption for e‑commerce parcels valued under €150. In its place, a new duty is imposed on such low‑value shipments, intended to create a level playing field for EU-based businesses that previously faced no duty on these imports. The…
AMERICAS
Suriname: Suriname Enacts Virtual Asset Service Provider Law for Tax Oversight
On 22 August 2026, the National Assembly of Suriname passed the Wet Toezicht Virtuele Activa Dienstverleners, a landmark piece of legislation that establishes a formal regulatory framework for virtual asset service providers (VASPs) operating within the country’s jurisdiction. The law represents Suriname’s proactive response to the rapid global expansion of…
Suriname: Suriname Finance Minister Initiates Bilateral Budget Consultations for Fiscal Year 2027
On 21 August 2026, the Minister of Finance and Planning of Suriname initiated a series of bilateral consultations with various cabinet ministers and state-owned entities regarding the preparation of the draft budget for the forthcoming fiscal year. The decision to launch these cross-ministerial discussions underscores the government’s commitment to a…
Bolivia: SIN Unfreezes Beneficiary Bank Accounts Under National Tax Relief Program
On 21 August 2026, the Servicio de Impuestos Nacionales (SIN) of the Plurinational State of Bolivia issued an official directive unfreezing bank accounts belonging to qualified beneficiaries of the Alivio Tributario National Tax Relief Program. The unfreezing measure constitutes the latest operational step in a comprehensive fiscal stimulus package enacted…
Uruguay: Uruguay Personal Income Tax Compliance for Multi-Income Workers 2025
As of 21 August 2026, the Uruguay Tax Authority (DGI) launched a targeted compliance initiative addressing Personal Income Tax (IRPF) obligations for dependent workers who earned multiple income streams during the 2025 fiscal year. This action stems from the DGI’s broader strategy to modernize tax administration, close reporting gaps, and…
Paraguay: Paraguay Transfers over 2 Billion Guaraní to Subnational Governments in Seven Months
On 21 August 2026, the Ministry of Economy and Finance of Paraguay announced through its General Directorate of Departments and Municipalities (DGDM), attached to the Vice-Ministry of Financial Administration (VAF), that subnational governments and municipalities had received cumulative transfers exceeding two billion Guaraní during the first seven months of the…
Suriname: Suriname Finance Minister Postpones Fuel Cap, Wage Negotiation Details
On 21 August 2026, Minister of Finance Adelien Wijnerman announced that the Surinamese government remains under active consideration regarding the implementation of a fuel price cap and the outcomes of ongoing wage negotiations, deferring detailed public specifications until a comprehensive fiscal assessment is finalized. The statement came during a routine…
EUROPE
Slovenia: VAT Obligations for Foreign Representatives on Online Platforms
As of 1 July 2026 the Slovenian Tax Administration has implemented amendments to national VAT legislation transposing EU Directive 2019/1945 on the taxation of the digital economy. The amendments target non-resident service providers earning income through online platforms operating in Slovenia such as Booking.com by mandating that platform operators withhold…
Slovenia: Social Security Contribution Basics and Monthly Amounts for August 2026
In August 2026 the Slovenian Financial Administration published the official guidelines and contribution bases for social security payments due by employers and employees for the month of August. The announcement outlines the statutory contribution rates applicable to gross earnings including pension disability and health insurance components as well as the…
Slovenia: Tax Administration Closer to Users Even Without Physical Office Visits
The Slovenian Tax Administration has launched an enhanced multi-channel contact center initiative aimed at providing greater accessibility for taxpayers seeking assistance without the need for physical office visits. Effective 1 August 2026 the new service model integrates telephone email and live chat support staffed by qualified tax consultants enabling resolution…
Croatia: Croatian Tax Administration Removes Fully Paid Debtors from Public Enforcement List
On 21 August 2026, the Croatian Tax Administration released its official report detailing the removal of tax debtors from the national public debtor registry following the verified full settlement of outstanding fiscal obligations. The publication forms part of the administration’s broader strategy to enhance transparency, provide real-time enforcement data, and…
Ukraine: Ukrainian State Tax Service: Land Tax Revenues Increase 13% Year-on-Year
As of 20 August 2026, the Ukrainian State Tax Service (Dержавна податкова служба України) released official data indicating a 13 percent year-on-year increase in land tax revenues. The announcement, published via the Service’s media centre, reflects sustained growth in the property taxation segment despite broader economic fluctuations. Land tax, a…
Ukraine: Kyiv Tax Administration Building Damaged in Enemy Attack, Official Report States
On 20 August 2026, the Ukrainian State Tax Service confirmed that one of the administrative buildings in Kyiv had sustained damage during a recent enemy attack. The affected facility, which houses operational units responsible for tax collection, taxpayer services, and regulatory oversight, was struck during an overnight aerial incident, resulting…
ASIA PACIFIC
Fiji: Fiji Service Implements 5% Tourism Services Tax Effective 1 September 2026
The Fiji Revenue and Customs Service (FRCS) issued a public notice on August 21 2026 announcing the forthcoming implementation of a 5% Tourism Services Tax effective 1 September 2026. This tax constitutes a significant amendment to Fiji indirect taxation framework targeting the tourism and hospitality sectors to broaden the revenue…
Taiwan: Taiwan MOF: 2026 Tax Agreement and Customs Cooperation Initiatives – Diplomatic Progress Report
On 21 August 2026, the Ministry of Finance reported significant progress in 2026 tax treaty and customs cooperation negotiations, highlighting the MOF’s active fiscal diplomacy efforts. Throughout the year, the MOF concluded multiple tax agreement frameworks and customs collaboration protocols aimed at preventing tax evasion, facilitating information exchange, and enhancing…
Taiwan: Taiwan MOF: Tax Regulation Rationalization Initiative – Streamlined Compliance and Taxpayer Services
Ongoing since 2026, the Ministry of Finance continues its initiative to rationalize tax regulations and provide convenient, taxpayer-friendly services. The reform program addresses redundant regulatory requirements, simplifies filing procedures, and introduces digital tools to reduce the compliance burden on businesses and individuals. By modernizing the regulatory framework, the MOF aims…
Taiwan: Tax Bureau: Finance Ministry Raises Invoice Prizes NT$500 and 50 Sets
As of August 21, 2026, the Taiwan Ministry of Finance announced an enhancement to the monthly online invoice lottery, increasing dedicated prizes by NT$500 and 50 additional sets starting from the July-December period. This amendment aims to boost taxpayer engagement and reward participation in the digital invoice system, aligning with…
Taiwan: Finance Department Continues Tax Regulation Rationalization for Taxpayer Services
On August 21, 2026, the Ministry of Finance reaffirmed its commitment to rationalizing tax regulations, focusing on providing convenient and heartfelt taxpayer services. The initiative encompasses streamlined reporting mechanisms, expanded digital filing options, and enhanced customer support channels to reduce compliance burdens for individual and corporate taxpayers. Key measures include…
Taiwan: Taiwan Tax Bureau: Five Input Tax Deduction Restrictions Vehicle Leasing
On 21 August 2026, the Taiwan National Tax Bureau (NTBT) formally released Interpretive Guidance No. 2026-XX, elucidating the circumstances under which value-added tax (VAT) input tax deductions are prohibited for enterprises operating vehicle leasing businesses. This guidance arises from heightened scrutiny of the rapidly expanding mobility-as-a-service sector and aims to…
MIDDLE EAST & AFRICA
Equatorial Guinea: Ministry of Social Affairs and National Security Reports July Tax Revenue
As of early August 2026, the Ministry of Social Affairs and National Security of the Republic of Guinea Ecuatorial submitted its monthly fiscal report to the Prime Minister, providing a comprehensive accounting of the government’s July 2026 revenue performance. The report, delivered within the framework of the country’s Organic Budget…
South Africa: SARS Publishes August 2026 Government Connect Newsletter for Tax Compliance Updates
SARS published the August 2026 Government Connect newsletter, reinforcing its commitment to transparent communication and enhanced taxpayer services through digital channels. The edition highlights initiatives to improve tax education, streamline inquiry responses, and integrate citizen feedback into policy development processes. Key Takeaways The newsletter details new online resources for taxpayers…
South Africa: SARS Launches 22 August 2026 Digital Platform Upgrade for Tax System Enhancement
SARS announced digital platform upgrades scheduled for 22 August 2026, aimed at modernizing the eFiling system, enhancing transaction security, and reducing processing times for tax submissions and refunds. The upgrade reflects SARS’ broader vision of a smart, integrated tax administration powered by data analytics and cybersecurity protocols. Key Takeaways The…
Seychelles: Seychelles Revenue Suspends TIN for IBCs Outside Seychelles: Bank-Purpose
As of 21 August 2026, the Seychelles Revenue Commission (SRC) announced the immediate suspension of Tax Identification Number (TIN) issuance for International Business Companies (IBCs) not operating within Seychelles and requesting TIN solely for bank-account purposes. This measure arises from amendments to the Seychelles International Business Companies Act and reinforces…
Mali: Digitalisation of Mali’s Tax Administration: Fiscal Reforms and Digital Governance
As of 1 January 2026, the Malian government, through the Direction Générale des Impôts (DGI), has intensified its fiscal digital transformation agenda aimed at modernizing tax collection, improving compliance efficiency, and aligning national procedures with international best practices such as the OECD/G20 Inclusive Framework Pillars One and Two. This initiative…
South Africa: SARS Issues August 2026 Tax Practitioner Connect Newsletter for Compliance Guidance
SARS launched the August 2026 Tax Practitioner Connect newsletter to support taxpayers with practical compliance information, updated filing procedures, and deadline reminders for the impending income tax season. The edition addresses common queries regarding IRP5 submissions, eFiling updates, and provisional tax obligations. Key Takeaways The newsletter specifies updated submission deadlines…