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Extraordinary times call for extraordinary taxes. The new UK Wealth Tax Proposal suggests “war-time” adjustments to protect households from inflation.

Macroeconomic stability takes center stage. A deferral of the Philippines Fuel Excise Tax hike is likely after the ADB warned of slowing regional growth.

Gibraltar’s new Transaction Tax is still coming, but not yet. Official updates now show the EU-UK Gibraltar agreement is expected to apply provisionally from July 15, 2026, delaying the planned 15% regime.

Digital victory in Warsaw. The Poland KSeF E-Invoicing system reports 150 million invoices in its first week, proving the “hard launch” is a success.

A major win for the cloud. The CTA has ruled that Philippines SaaS Withholding Tax on software subscriptions can be reduced to 0% under tax treaties.

Small parcels, new costs. The EU Fixed Customs Duty is now live, adding a flat €3 fee to all international e-commerce imports under €150.

IT and Tax have a new common language. The OECD Pillar Two GIR Schema is now official, setting the mandatory XML format for global minimum tax reporting.

Generational wealth starts now. The IRS confirms that 4 million children have been signed up for OBBBA Trump Accounts since January.

Procurement meets payroll. The Germany Federal Tariff Compliance Act now mandates collective bargaining standards for all federal contracts over €50,000.

Trade just got digital. The new Mexico Agro-Compliance Certificate is now mandatory for agricultural exporters seeking VAT zero-rating in Mexico.