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Brussels is moving to tax the “unforeseen luck” of energy giants. The new EU Energy Windfall Tax 2026 aims to capture foreign profits to fund consumer relief.

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

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.

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.

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.

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.