Corporate Taxes

The 12.5% era is over. Cyprus has officially transitioned to a 15% corporate tax rate and introduced stricter residency tests to align with global standards.

Innovation just got a tax break. The IRS has officially restored immediate Section 174 R&D Expensing for domestic costs, while tightening rules on foreign research.

Japan’s tech-focused tax breaks are now operational. The Japan Strategic Technology Tax Credit offers massive relief for semiconductor and green energy manufacturers.

Financial survival meets digital transparency. Ukraine has reached a consensus on the Ukraine Military Tax Reform, a key requirement for IMF and EU funding.

Trade enforcement hits the medicine cabinet. The Section 232 Pharma Tariffs are now live, introducing a 100% duty on foreign-made APIs to force domestic manufacturing.

The BIR is moving away from automatic domestic taxation. Discover how RMC 024-2026 reshapes the Philippines Cross-Border Tax landscape for global businesses.

HMRC’s two-percentage-point hike is live. Discover how the UK Dividend Tax Increase 2026 affects business owners and investors starting today.

Five EU nations have united to demand a new EU Windfall Tax 2026 on energy profits, aiming for a “solid legal basis” to fund consumer relief and curb inflation.

Effective today, the US shifts Section 232 Metals Tariffs to the full value of imports. Automotive and construction sectors face immediate 25-50% cost hikes.

India’s new Income Tax Act 2025 has officially taken effect today. Discover the key changes in brackets, deductions, capital gains and corporate taxation that will shape the 2026–27 financial year.