Scope: China
Status requires verification
关于规范转让上市公司限售股个人所得税政策的公告 —— 财政部 税务总局 中国证监会公告2026年第26号
Sale of restricted shares (限售股) by individuals treated as property-transfer income at 20% IIT; securities regulators must adjust cost basis for bonus/stock split; securities firms must collect cost base at initial listing or risk taxable base assumed zero, triggering full withholding. Effective upon publication: August 28, 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 28, 2026
- Verification
- Not recorded
Open cited source
Scope: Africa
Status requires verification
Extension of Deadline for Submission of Returns and Payment of DMT Tax in Mauritius
The Mauritius Revenue Authority has extended the deadline for submission of returns and payment of the **Domestic Minimum Top-up Tax (DMT Tax)**—a DMT tax deadline originally 18 August 2026 was pushed out under special circumstances. Employers and corporate entities must verify whether they qualify under the extension. Implications include avoiding late-filing and late-payment penalties, and ensuring compliance with deadlines for DMT obligations.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 28, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Updated rules regarding section 987 taxable income or loss
The IRS issued updated rules effective as of August 27, 2026 clarifying the treatment of income, loss, and foreign currency gain or loss for Qualified Business Units (QBUs) under Section 987. Key aspects include clarified translation methods for QBUs with non-dollar functional currencies, recognition upon remittance or termination, and special provisions for partnerships/S-corporations and elections available to reduce volatility. Impacts include increased compliance demands, potential shifts in timing of recognition, and necessity for precise tracking of currency exposure.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 27, 2026
- Verification
- Not recorded
Open cited source
Scope: Other Europe
Status requires verification
For certain agricultural products, settlement period for export has been extended to 150 days
Ukraine’s National Bank (via State Tax Service) announced that, for agricultural export transactions under specified product codes (1001-1005, 1201, 1205-1206 00, 1507, 1512, 1514, 2306) carried out from **1 July 2026 to 31 August 2027**, the settlement period has been temporarily extended from 120 to **150 calendar days**. The change, introduced by **Resolution № 97** (25 August 2026), took legal effect on **27 August 2026**. This regulates foreign exchange supervision compliance and impacts exporters’ cash-flow and contract terms.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 27, 2026
- Verification
- Not recorded
Open cited source
Scope: Middle East
Status requires verification
GCC-Registered Vehicle Stay Regulations Introduced
Starting 26 August 2026, Saudi Arabia requires GCC-registered vehicles owned by Saudi citizens or non-GCC residents to respect a maximum stay of 90 days (cumulative during 365 days). Owners must regularize vehicles by exit, re-register, or import during a corrective grace period ending 23 November 2026. Extensions up to 30 days possible via Absher. Unregistered vehicles or overstays may face penalties, customs duties or VAT if regularized by import or registration.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 26, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
China taps AI for tax system modernization drive
职能税务机构于2026年8月发布《关于进一步深化税收费事项办理便利化的意见》，推出16项举措，包括智能申报、电子税务局升级、AI辅助服务、跨部门协作等，以优化纳税人体验、提前预警风险、降低合规成本。
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 26, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
New electronic submission process for IRS Employee Plans letter ruling requests
Beginning August 26, 2026, taxpayers must use Form 15662 via the electronic process on Pay.gov for submitting IRS Employee Plans letter ruling requests under Rev. Proc. 2026-4. Paper submissions postmarked on or after September 4, 2026 will be returned. This modernizes and standardizes the submission process. Implication: employers and plan administrators need to transition to digital submissions to avoid rejections and delays.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 26, 2026
- Verification
- Not recorded
Open cited source
Scope: Middle East
Status requires verification
Saudi Arabia Resolution No. 26097: VAT Refunds for Public Benefit Entities
Under ZATCA Resolution No. 26097 (dated 10/05/1445 H / late 2026 Gregorian), public benefit contributors in Saudi Arabia (charities, non-profits) are eligible for VAT refunds for input VAT incurred in connection with public-benefit activities, subject to documentation, recognition, and compliance. Opens relief to non-profits and donors and reduces cost burden of public welfare work.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 26, 2026
- Verification
- Not recorded
Open cited source
Scope: Middle East
Status requires verification
Implementing BEPS Measures (Multilateral Instrument ratification)
Saudi Arabia has updated its policies to fully implement the OECD/G20 BEPS multilateral instrument (MLI), enabling the jurisdiction to swiftly modify existing tax treaties to better prevent base erosion and profit shifting across borders. This aligns Saudi law with international standards on treaty-related measures, strengthening transfer pricing rules, treaty anti-abuse protocols, and dispute resolution mechanisms.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 26, 2026
- Verification
- Not recorded
Open cited source
Scope: Latin America
Status requires verification
AFIP prorroga presentación declaración jurada de ganancias para personas humanas y anticipo del impuesto a las ganancias periodo fiscal 2026
La autoridad Argentina amplió hasta el 22 de septiembre de 2026 el plazo para que personas humanas y sucesiones indivisas presenten la declaración jurada del impuesto a las ganancias correspondiente al ejercicio fiscal 2025 y prorrogó al 24 de septiembre el primer anticipo de ganancias del periodo fiscal 2026, originalmente vencidos en 14-16 agosto.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 25, 2026
- Verification
- Not recorded
Open cited source
Scope: Middle East
Status requires verification
UAE’s Pillar Two Information Return Filing Requirements (Ministerial Decision No. 133 of 2026)
UAE’s Ministry of Finance issued Decision No. 133 of 2026 defining which UAE-based entities (constituent entities excluding investment entities, joint ventures and JV subsidiaries, and stateless constituent entities which are reverse hybrid) must file Pillar Two Information Return under the Top-Up Tax for fiscal years starting on or after 1 January 2025. Ensures alignment with global GloBE rules and enhances tax transparency.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 25, 2026
- Verification
- Not recorded
Open cited source
Scope: Russia & CIS
Status requires verification
Government of the Russian Federation approves support measures for entrepreneurs affected by UAV attacks
The Government adopted measures by decree (No. 1074 on 25 August 2026) to support entrepreneurs suffering damage from unmanned aerial vehicle (UAV) attacks, principally those connected with «Wildberries»-group warehouses (RVB). Affected taxpayers may defer various taxes and advance payments due August 2026-July 2027 by 12 months, with deferred tax and social contribution payments (except for some autousn/NPD) to be spread equally over 12 months after deferral. Also, from publication through 31 December 2026, tax inspections and decisions for affected entrepreneurs are suspended.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 25, 2026
- Verification
- Not recorded
Open cited source
Scope: South Korea
Status requires verification
법인 보유 고가주택 등 사적사용 제1차 50개 업체 세무조사 실시
National Tax Service has launched tax investigations into 50 companies holding high-value residential properties primarily for **non-business use**. These include residences used by founding families, vacation homes, or property speculation. Of corporate-owned homes over public assessed value thresholds (e.g., 공시가격 9억원, 국민주택 규모 85㎡), the NTS identified ~42% being used privately. The investigations also allege issues like fictitious payrolls and false tax invoices. Signal that personal use of corporate real estate is under heightened scrutiny.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 25, 2026
- Verification
- Not recorded
Open cited source
Scope: Middle East
Status requires verification
Requirements for Filing Pillar Two Information Return under UAE’s Top-up Tax Regime
Ministerial Decision No. 133 of 2026 articulates which entities in the UAE (Constituent Entities, Joint Ventures, JV Subsidiaries, and Stateless Constituent Entities that are Reverse Hybrids) must file Pillar Two Information Returns for fiscal years starting on or after 1 January 2025, under Cabinet Decision No. 142 of 2024. Defines filing routes (direct or via Designated Local Entity) and clarifies requirements under the GloBE rules.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 25, 2026
- Verification
- Not recorded
Open cited source
Scope: Other Europe
Status requires verification
Turkey ÖTV Rates Updated via Presidential Decision No. 11606
On **August 13, 2026**, Turkey issued **Decision No. 11606**, updating special consumption tax (Özel Tüketim Vergisi, ÖTV) amounts for certain goods (luxury items, vehicles, etc.). The changes take effect **from August 25, 2026**, requiring businesses to review classification and contract terms related to affected items.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 25, 2026
- Verification
- Not recorded
Open cited source
Scope: India & South Asia
Status requires verification
India CBDT Notification 80/2026: TDS Exemption on Specified Payments for Eligible IFSC Units
In Notification No. 80/2026, CBDT exempts TDS on specified payments (interest, dividends, professional fees, brokerage, other financial-service incomes) received by eligible IFSC Units under the Income-tax Act, 2025, to improve competitiveness of IFSCs.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 24, 2026
- Verification
- Not recorded
Open cited source
Scope: EU / EEA
Status requires verification
Guidance Published on CBAM Verifiers & Accreditation (EU)
On 24 August 2026, the European Commission published guidance for CBAM verifiers and National Accreditation Bodies (NABs), including a procedure for verifiers to obtain access to the CBAM Registry as from 1 September 2026. From January 2027, registered verifiers may issue reports enabling importers to use **actual verified emissions** (rather than defaults) in their CBAM declarations.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 24, 2026
- Verification
- Not recorded
Open cited source
Scope: Brazil
Status requires verification
Atualização de credenciais das APIs da Reforma Tributária
Notice that on **24 August 2026**, the credentials for accessing Reforma Tributária-related APIs (e.g. DeRE, ReOps, and CBS debit consultations) will be updated; digital service for credential issuance will be available on the Portal Piloto da CBS and the Portal Nacional da Tributação de Bens e Serviços, and will be integrated to Portal Serviços da Receita Federal.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 24, 2026
- Verification
- Not recorded
Open cited source
Scope: South Korea
Status requires verification
2026년 종합부동산세 요약표 및 1세대 1주택자 특례 안내 (종부세법)
Updated rates for 종합부동산세: combined assessment (종합합산) rates ranging from 1% up to 3% depending on property value; separate assessment (별도합산) for land/other real estate 0.5-0.7%. 1세대-1주택자 and qualifying other home categories may exclude certain properties if residency/registration criteria met.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 20, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Digitally authenticated Tax Compliance Report now available
IRS now offers a secure, digitally authenticated Tax Compliance Report via the Individual Online Account, enabling taxpayers to download and share a report used by lenders or agencies that includes a built-in certificate confirming authenticity.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Aug 20, 2026
- Verification
- Not recorded
Open cited source