Indirect Taxes

Cash transfers just got more expensive. The new OBBBA Remittance Excise Tax imposes a 1% levy on cash and money order remittances sent abroad.

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.

The future of Brazilian tax is live in beta. The Brazil IBS CBS Testing environment is now open for banks to pilot the revolutionary “Split Payment” system.

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.

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.

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

The EU has set the stage for a major VAT shift. The finalized EU ViDA Platform Rules require digital platforms to act as tax collectors starting in 2027.

International digital platforms get more time to prepare. Sri Lanka has officially moved the Sri Lanka Digital VAT start date to July 1, 2026.

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.