New IRS Section 987 Rules: CFC Exemption Proposed, Comments Due November 12, 2026
The IRS proposed Section 987 regulations on August 13, 2026, offering a CFC exemption for foreign-currency gains on…
Kazakhstan Joins E-9 Visa Program: New Employment Permit System Routes for Workers
South Korea adds Kazakhstan as the 18th E-9 visa sending country to address labor shortages, with legal recruitment…
Vietnam Proposes 30% Income Tax Cut for Small Firms and Household Businesses Up to VND 10 Billion
Vietnam proposes a 30% income tax cut for small businesses and individuals with revenue under 10 billion VND…
Trump’s Gold Card Visa Stalls as Wealthy Investors Rebel Against Worldwide Taxation for U.S. Permanent Residents
By mid-2026, the Trump Gold Card program reports only one approval as high costs and global tax liabilities…
Investors Face Tax Bill on Deferred Gains from Qualified Opportunity Funds by December 31, 2026
Investors must recognize deferred Opportunity Zone capital gains by Dec. 31, 2026, with tax payments due April 15,…
Seoul Administrative Court Rules Retirees Must Pay Income Tax on Company-Issued Coins
Seoul court rules crypto severance pay is taxable 'other income,' denying $8 million refund to former Ground1 staff…
East Africa’s Second-Largest Economy Sets Africa’s Highest Golden Visa Threshold at $10 Million for 10-Year Residence
Ethiopia launches a $10 million Golden Visa for 2026/27, aiming to attract high-value FDI with 10-year residency and…
India–UK Free Trade Agreement to Grant Duty-Free Access, Boosting Bilateral Trade
The India-UK Free Trade Agreement took effect July 15, 2026, granting 99% duty-free access for Indian goods and…
Kenya Investment Authority Explores Golden Visa for Permanent Residency
Kenya is developing a golden visa program to offer immediate permanent residency to wealthy investors. The proposal requires…
Taiwan Launches Digital Nomad Visa with 6-Month Initial Stay, Extendable to 2 Years
Taiwan's 2026 Digital Nomad Visa allows remote workers to stay up to 2 years, requiring $20k-$40k annual income…
Italy’s Investor Visa Requires EUR 250K in Innovative Startups, Excluding Real Estate
Italy's investor visa requires at least €250,000 in startups, excluding real estate. New 2026 rules also raise the…
Luxembourg’s Bill No. 8782: New Tax Rules for Young Innovative Companies and Extraordinary Income
Luxembourg's Bill 8782 proposes a 2027 tax overhaul for start-up stock options, deferring tax until sale and lowering…
Vietnam Revised Tax Law Adds Digital Platform and Carbon Credit Income
Vietnam’s updated tax law, effective July 1, 2026, taxes digital assets and e-commerce while exempting overtime pay and…
Self-Employed Face New Minimum Professional Income Tax of 45 Rubles Per Month with Three-Month Payment Delay
Belarus launches a flat monthly tax for self-employed workers on July 1, 2026. Payments of 45 rubles are…