Nomadic Tax Institute
Publicly sourced cross-border tax developments. Dates, status and scope are shown separately so they can be read in context.
2638 updates
Pakistan
Status requires verification
Notification S.R.O.1495(I)/2026 dated 2 September 2026 requires electronic submission of final income tax returns for Tax Year 2026, formalising the electronic filing mandate.
Editorial impact label: Medium
Status requires verification
In September 2026, the NTS announced that Korean residents and domestic corporations declared ₩111 trillion (about US$80-90 billion) in overseas financial accounts and foreign trust assets. The regime includes enforcement of overseas account and trust reporting, penalties for non- or under-reporting of 10% of the unreported amount, risk of criminal penalties and public disclosure if under-reporting exceeds ₩50 billion. There are also provisions for penalty reduction (up to 90%) for those who file corrections or late reports voluntarily. Also announced: from 2027, the Crypto Asset Reporting Framework (CARF) will be used to validate virtual asset transaction information exchanged among jurisdictions.
Editorial impact label: High
Bangladesh
Status requires verification
Also in Bangladesh, this order provides clarity on the enforcement of Section 272 of the Income Tax Act, 2023, relating to penalties, misstatements or delays, allowing NBR to issue assessments and levies. Effective since publication on 2 September 2026.
Editorial impact label: Medium
Bangladesh
Status requires verification
Through General Order No. 02/2026 dated 2-September-2026, NBR has designated certain categories of individual taxpayers as “specified persons” obligated under withholding tax collection regimes.
Editorial impact label: Medium
Status requires verification
The Directorate General of Taxes issued **KEP-185/PJ/2026** (active from **2 September 2026**) granting administrative tax relief in response to natural disasters in Nusa Tenggara Timur province. Relief includes adjustments to filing deadlines, suspension or waiver of penalties or other administrative burdens for taxpayers in the affected area to help them recover.
Editorial impact label: Medium
Bangladesh
Status requires verification
In Bangladesh, this order defines who qualifies as a “specified person” for the purposes of withholding taxes, expanding compliance obligations on entities to deduct tax at source for payments under certain categories, and file related reports accordingly. Published on 2 September 2026.
Editorial impact label: Medium
Status requires verification
As of September 2, 2026, the federal fuel excise tax on gasoline, diesel, and aviation fuel is fully suspended until January 31, 2027. From February 1 through March 31, 2027, 50% of the regular excise rate will apply. This provides tax relief to individuals, businesses and sectors reliant on such fuels, impacting federal tax offsets and cost planning.
Editorial impact label: Medium
Status requires verification
The UAE Ministry of Finance issued a decision introducing a minimum excise price for liquids used in electronic smoking devices at AED 1 per milliliter, effective **1 September 2026**. This is intended to enhance excise tax enforcement for tobacco and vaping products by standardizing price minimums and reducing opportunities for tax avoidance or under-pricing. Businesses dealing with these products must adjust pricing, labeling, and compliance policies accordingly before the deadline.
Editorial impact label: Medium
Status requires verification
财政部、海关总署、国家税务总局发布公告，自2026年9月1日起，对无汞原电池、镍氢电池、锂原电池、锂离子电池、全钒液流电池征收消费税2%，自2027年9月1日起税率提高至4%；光伏电池自2027年4月1日起征2%，自2028年4月1日起征4%；钠离子电池、固态电池、燃料电池及光伏电池中的钙钛矿电池、叠层电池、砷化镓电池在2026年9月至2028年12月免征消费税；对符合国家标准的产品要求取得检测机构报告，首次申报减免税之前取得合格检测报告；其他管理、进口环节、扣税事项配套规定齐全。
Editorial impact label: High
Status requires verification
Beginning September 1, 2026, a **supplemental lump-sum payment of $150** will be paid to Canada Disability Benefit (CDB) recipients to help offset the costs of obtaining the Disability Tax Credit (DTC). Other changes include aligning definitions and clarifying spousal-income filing requirements and guardianship status. ([canada.ca](https://www.canada.ca/en/employment-social-development/programs/disability-benefit.html?utm_source=openai))
Editorial impact label: Medium
Status requires verification
Starting **1 September 2026**, Ukraine fully transitions to the new national cryptographic “Kupina” standard for qualified electronic signatures. All qualified electronic trust service providers, including the State Tax Service, will generate certificates under Kupina. Existing certificates remain valid until their expiration, and both old and new signature standards are interoperable during the transition. Purpose is to increase cybersecurity of electronic trust services. Originally prepared as of **26 August 2026** when State Tax Service began issuing certificates under Kupina.
Editorial impact label: High
Status requires verification
UAE Cabinet Decision No. 149 of 2026 introduces substantial amendments to the Executive Regulation for the UAE’s VAT law. Key changes include new rules on input tax recovery (including restrictions on high-value cash payments), clarified treatment of composite supplies based on economic substance, move from input-based to turnover-based apportionment for partially-exempt entities, revised definitions of capital assets and medical products, and clarified test periods for export of financial services.
Editorial impact label: High
Status requires verification
CBDT has issued **Notification No. 114/2026 [F. No. 370142/18/2026-TPL]** requiring rules and prescribed forms for implementation of the *Foreign Assets of Small Taxpayers Disclosure Scheme, 2026*. The Scheme allows eligible taxpayers to voluntarily declare foreign assets/income not previously disclosed, with immunity from penalty or prosecution. The government has made Form 1 available via the Income-Tax e-Filing portal under “Other Acts → Foreign Assets Disclosure Scheme, 2026”. The notification is effective from **1 September 2026**. Implications include mandatory disclosure of foreign assets via Schedules FA, FSI, TR in appropriate ITR forms, and prohibition of use of ITR-1 and ITR-4 if foreign assets/income exist. It represents high impact for taxpayers with overseas holdings.
Editorial impact label: High
Status requires verification
Foreign individuals receiving dividends, interest, or similar income from foreign-invested enterprises are taxed at 20% under the interest/dividend/bonus category. The announcement imposes withholding obligations on enterprises and defines self-declaration responsibilities for foreign individuals if withholding is not done, effective September 1, 2026. The earlier policy 财税〔1994〕20号 is concurrently abolished.
Editorial impact label: High
Status requires verification
Taiwan’s Ministry of Finance announced that profit-seeking enterprises are required to file and pay their provisional income tax returns between September 1-30, 2026. This is an administrative compliance requirement for the interim period before final assessments.
Editorial impact label: Low
Status requires verification
On 1 September 2026, the CBDT issued Notification No. 114/2026 [F. No. 370142/18/2026-TPL] to notify the rules and prescribed forms under the Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (“FADS 2026”). The scheme provides a one-time opportunity to eligible resident/non-resident taxpayers to voluntarily declare undisclosed foreign assets or income. Key elements include prescribed declaration forms (Form 1), requirement of proper schedules FA/FSI/TR in ITRs (forms other than ITR-1/4), and enabling filing through the e-Filing portal. The scheme helps avoid full penalties under existing laws for past non-disclosure.
Editorial impact label: High
Status requires verification
As of September 1, 2026, foreign individuals receiving dividends or redemptions from foreign-invested enterprises are subject to 20% IIT rate under the “interest/dividend/bonus” category. Payers must withhold within 15 days; if not, recipients must pay by next year’s June 30. Repeals the earlier rule in 财税〔1994〕20号.
Editorial impact label: High
Status requires verification
Clarifies that as of September 1, 2026, foreign individuals receiving dividends or profit distributions (“利息、股息、红利所得”) from foreign-invested enterprises are taxed at a 20% rate. Also, payers must withhold and remit tax; if they fail to do so, the individual must self-declare by June 30 of the following year. The announcement abolishes the earlier provision in 财税〔1994〕20号.
Editorial impact label: High
Status requires verification
Agriculture and Agri-Food Canada published the initial list of regions eligible for the Livestock Tax Deferral provision for 2026, due to extreme weather (drought, excess moisture, flooding). Farmers who sell breeding livestock in affected prescribed regions may defer a portion of net sale income to the following tax year under certain thresholds: 30 % of net sales if breeding herd reduced by 15-29 %; 90 % if 30 % or more. Aimed at helping producers manage cash flows when rebuilding herds.
Editorial impact label: Medium
Status requires verification
Ukraine’s State Tax Service has updated the reporting format for controlled transactions, adding codes 525 & 526 to the Annex “Information on related persons” to reflect economic relatedness, effective from 1 September 2026. Past reports for 2025 remain valid without re-submission. This change has implications for transfer pricing disclosures and documentation.
Editorial impact label: Medium