GST Portal Now Allows Appeals Against NIL or Zero Demand Orders Under Form GST APL-01
GSTN now allows appeals against NIL or Zero demand orders when liability is still disputed and payment came…
German Cabinet Approves €10B Income-Tax Reform, Boosts Child Benefit, Says Minister Klingbeil
Germany approved a €10 billion income-tax reform that boosts child benefit and tax-free allowances while raising taxes on…
China Ends Dividend Tax Exemption for Foreign Individuals; 20% Rate Applies
China ended its dividend tax exemption for foreign individuals on September 1, 2026. Dividends and bonuses from foreign-invested…
Capital Gains Tax Draft Tests A$372B in Super Funds, Managed Investment Trusts
Industry modelling says Treasury’s draft capital gains rules could raise tax on retirement assets held in certain trusts.…
DGT Reviews Gold ETF Tax; Final Income Tax, Article 22 Changes Proposed
Indonesia is still deciding how to tax gold ETFs. The DGT has completed technical work, but the Ministry…
Proposed H-1B Worker Fee Update Clears White House Review Hurdle
White House clears new H-1B worker fee proposal for 2026 as separate extension charges and grace period changes…
UK July Deficit Hits £1.8bn as Record Tax Receipts Outpaced by Spending Ahead of October Budget
The UK government borrowed £1.8bn in July 2026, missing surplus targets as rising costs outpaced record tax revenue…
Nigeria’s 2026 Tax Act Expands Capital Gains to Indirect Transfers
Nigeria's 2026 tax reform raises corporate gains tax to 30% and introduces a 50% asset test for offshore…
Canada’s Inflation Rate Hits 3% in July as Gasoline Prices Surge
Canada’s inflation hit 3.0% in July 2026 as gas and World Cup travel costs spiked, though core measures…
Indonesia Tourism Minister Widiyanti Putri Wardhana Unveils Visa on Arrival, E-VOA Price Hikes to Boost Quality
Indonesia proposes raising Visa on Arrival fees to Rp1,000,000 for airport payments to reduce crowding and support its…
India’s 2026 Tax Bill Lures Data Centres, Electronics, Rough-Diamond Trade
India passes 2026 tax bill offering exemptions for data centers, electronics, and diamond trading to attract foreign investment…
U.S. Embassy in Brasilia Vandalized Amid Growing Diplomatic Tensions with Brazil
The U.S. Embassy in Brasilia was vandalized on Aug 13, 2026, amid a major diplomatic rift involving 25%…
Trump Weighs Capital-Gains Tax Cut, Indexing for Inflation, Home-Sale Exemption
Trump weighs new capital gains and home-sale tax cuts for 2026, sparking debates over fiscal costs and benefits…
IRS Tax Rules Strip Foreign Ships of Jones Act Waiver Tax Exemptions
IRS bars foreign shipowners with Jones Act waivers from tax exemptions, requiring Form 1120-F reporting for domestic routes…