Green & Environmental Taxes

The “soft landing” is over. IRS Notice 2026-15 introduces the MACR formula, a binary test for green energy credits that disallows 100% of the credit for PFE violations.

China’s Export VAT 2026 ends the era of cheap solar. By removing rebates for PV and batteries, Beijing shifts focus to value, impacting global project costs by 5%.

The soft landing is over. South Africa Carbon Tax Phase 2 launched today with a R308 rate and a 10% allowance cut, creating a major liquidity squeeze for heavy industry.

The era of estimated carbon data is over. EU CBAM 2026 now mandates verified emissions data and Authorised Declarant status, with a 10% penalty for lazy reporting.

Canada and Germany’s 2026 Strategic Industrial Tax Dialogue targets “friend-shoring” through synchronized R&D credits and green incentives to boost transatlantic industrial resilience.

The cost-of-living crisis meets record oil profits. The Windfall Oil Tax 2026 proposal aims to redirect billions from fossil fuel giants to struggling households.

Working capital relief is here. The India Solar GST 2026 session today focused on reducing the 18% tax on solar controllers to match the 12% rate for finished systems.

CRA enters overdrive. The Canada Clean Tech Rebate 2026 update promises 450% faster processing and priority tax rulings for nation-building infrastructure.

The Treasury strikes back. The Australia EV FBT Wind-Back 2026 introduces a $75,000 cap on full FBT exemptions for electric vehicles to rein in the skyrocketing costs of the green incentive.

The global taxman has been sent packing. The IMO Carbon Tax Blocked 2026 victory at MEPC 84 sees the U.S. and partners representing 30% of global tonnage halt the global shipping levy.