Scope: ASEAN
Status requires verification
Indonesia Director-General Rule PER-8/PJ/2026: Amendment to Payment, Collection & Refund Procedures under New Tax Admin System
PER-8/PJ/2026 modifies PER-10/PJ/2024 to regulate payment, deposit, and refund of taxes under Indonesia’s core tax administration system (Sistem Inti Administrasi Perpajakan). Includes clarity on timing, method, and obligations of taxpayers. Applies from issuance date (mid-2026).
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 29, 2026
- Verification
- Not recorded
Open cited source
Scope: ASEAN
Status requires verification
Indonesia Keputusan MK/EF.2/2026 No. 34: Exchange Rates for Customs, VAT, Luxury Goods & Income Tax Settlements (29 July-4 August 2026)
Keputusan Menkeu 34/MK/EF.2/2026 sets official exchange rates to be used from 29 July to 4 August 2026 for calculating customs duties, VAT on goods and services, luxury goods sales tax, export duties, and income tax repayment obligations.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 29, 2026
- Verification
- Not recorded
Open cited source
Scope: EU / EEA
Status requires verification
Commission Implementing Regulation (EU) 2026/1869 – Harmonisation of VAT Special Schemes under ViDA
Regulation 2026/1869 introduces *new transfer-of-own-goods (TOG)* scheme and harmonises VAT special scheme rules and electronic reporting across all Member States as part of the Single VAT Registration (SVR) pillar of ViDA. Data registration changes take effect from 1 January 2027; main scheme and reporting obligations come into force 1 July 2028.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 28, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
IRS announces tax relief for taxpayers impacted by severe storms and flooding in the San Carlos Apache Tribe; various deadlines postponed to Sept. 28, 2026
Due to severe storms and flooding affecting taxpayers in the San Carlos Apache Tribe, the IRS postponed many tax and information return filing deadlines—including federal, corporate, estate, gift, income, and trust returns—through September 28, 2026, along with estimated income tax payments, under section 7508A.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 28, 2026
- Verification
- Not recorded
Open cited source
Scope: Hong Kong
Proposed
Government launches consultation on proposed enhancements to tax concession regime for corporate treasury centres
Hong Kong released a consultation paper (until 4 September 2026) proposing a tiered regime for Corporate Treasury Centre (CTC) tax concessions. Tier 1 broadens existing measures (interest-deductibility, clarification of definitions), Tier 2 offers pre-approval regime including exemptions & 50% tax concessions, removal of certain rules for pre-approved entities.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 27, 2026
- Verification
- Not recorded
Open cited source
Scope: EU / EEA
Status requires verification
AI Omnibus Regulation enters into force across the EU
On 27 July 2026 the AI Omnibus Regulation entered into force, simplifying certain administrative requirements under the EU AI Act. It extends timelines for compliance for high-risk AI systems: rules for systems in high-risk areas (e.g. biometric, education, employment, migration etc.) will apply from 2 December 2027, and for AI embedded in products such as toys or machinery from 2 August 2028. It also expands simplified obligations to small and mid-cap companies and clarifies obligations around registration, safety, bias detection and enforcement.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 27, 2026
- Verification
- Not recorded
Open cited source
Scope: Other Europe
Status requires verification
Turkey’s VAT Circular (No. 71) – Extension of Deadlines for Special-Purpose Certified Reports
In the VAT-law Circular No. 71 under Law No. 3065, Turkey extended the deadlines for submission of **sworn financial advisor (yeminli mali müşavir / SMMM) special purpose reports** relating to non-deductable VAT; this provides compliance relief for taxpayers required to obtain such specialist reports.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 27, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
国家税务总局关于离岸信托个人所得税有关征管事项的公告 (公告2026年第15号)
细化离岸信托个人所得税政策的征管细则，包括主管税务机关的确定、申报缴纳时间表、报告表格、资料报送要求、境外所得抵免及处罚制度等，坚持居民与非居民不同身份下的责任区分
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
财政部 税务总局关于离岸信托个人所得税有关事项的公告 (公告2026年第21号)
从2026年1月1日起，居民个人将财产装入离岸信托及该信托存续期间产生的收益，无论是否分配，须按照中国个人所得税法申报缴税；明确征税范围、所得类别、非居民个人及承继人的税务责任，以及信托收益在实施前拖期申报等事项
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
国家税务总局关于离岸信托个人所得税有关征管事项的公告 国税公告2026年第15号
Establishes administrative rules for enforcement: assigning competent tax authorities, deadlines for filing and paying, requirements for documentation and value assessment, how to handle prior unreported obligations, and penalties for non-compliance under the offshore trust regime announced in Announcement No. 21.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
财政部 国家税务总局关于离岸信托个人所得税有关事项的公告
The announcement strengthens compliance and reporting for offshore trusts. Individuals who transfer property into offshore trusts, retain beneficial interest, or receive distributions are required to report under individual income tax categories (“property transfer income” and “interest/dividends”). It outlines declaration deadlines, required documentation, and provides a 90-day grace window for unreported items between Jan 1, 2023 and implementation date. Effective immediately upon publication (July 24, 2026).
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
国家税务总局关于离岸信托个人所得税有关征管事项的公告
Makes it mandatory for tax administration authorities to identify the correct主管税务机关 (tax office) for offshore trust-related matters; sets deadlines for residents (次年3月1日至6月30日) and non-residents (次月15日) to report and pay PIT on property transfers and trust-income; specifies forms and documentary requirements including detailed trust reports; provides rules for treatment upon death or residency change; prohibits certain expense deductions; establishes filing requirements even for non-distributed income; includes grace periods for prior unreported income/transfers.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
关于离岸信托个人所得税有关事项的公告
This announcement (财政部 税务总局公告2026年第21号) clarifies personal income tax rules regarding offshore trusts for Chinese resident and non-resident individuals. It defines "offshore trusts" broadly, lays down tax treatment for property transfers into the trust, income during its life regardless of distributions, and treatment upon trust termination or the resident’s death. Key features include reset of cost basis at transfer, obligation to file with detailed documentation, and tax rates matching interest/dividend or property transfer categories. The announcement increases **transparency**, limits possibility of tax deferral via undistributed income, and widens the taxable base. Its impact is **high** for high net worth residents using offshore structures.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
国家税务总局公告2026年第15号 关于离岸信托个人所得税有关征管事项的公告
This accompanying administrative enforcement announcement clarifies how the offshore trust tax rules will be applied: which tax bureau is responsible, the required tax filings/forms, deadlines (such as March-June for residents, 15 days for non-residents), reporting obligations at trust establishment, annual income, termination, or changes in beneficiary status.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
国家税务总局公告2026年第21号 ‐ 离岸信托个人所得税有关事项的公告
明确居民／非居民个人通过设立离岸信托装入财产、存续期间所得、信托终止等环节的个人所得税责任。规定自2023年1月1日起未申报情形给予90日宽限期；申报周期，主管税务机关认定，以及所得项目分类与不允许相互抵减的规则。
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 24, 2026
- Verification
- Not recorded
Open cited source
Scope: Latin America
Proposed
Communicado de Prensa No. 096 – Colombia’s proposed tax reform raising VAT on alcoholic beverages and online commerce
Gobierno propone estandarizar tarifa del IVA al 19% para bebidas de alto contenido alcohólico (currently 5%), igualar condiciones para apuestas en línea y físicas, y aplicar 19% IVA a compras web internacionales bajo modalidad de envíos postales urgentes. Iniciativa presentada al Congreso como parte del proyecto de reforma tributaria. Since proposed, not yet enacted. It’s expected to affect pricing, cross-border sellers, and public health policy.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 23, 2026
- Verification
- Not recorded
Open cited source
Scope: Latin America
Status requires verification
Resolución Exenta SII N° 98 del 23 de julio de 2026 – Obligaciones para prestadores de servicios digitales sin residencia en Chile
Chile’s SII approved rules obliging non-resident digital service providers—particularly in sectors like games, gambling, online platforms—to comply with VAT and other tax obligations by connecting to Chile’s SII system via cooperation with Subsecretaría de Telecomunicaciones. Enhances enforcement for services provided from abroad. ([sii.cl](https://www.sii.cl/normativa_legislacion/resoluciones/2026/res_ind2026.htm?utm_source=openai))
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 23, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Government launches consultation on draft legislation for various tax measures
On July 23, 2026, the Department of Finance released draft legislative proposals to implement previously announced tax measures plus other technical changes. Notable proposals include simplifying the Disability Tax Credit certification process; treating the Red Seal Completion Bonus as taxable income; modifying CCUS investment tax credit eligibility; expanding transfer pricing documentation relief; establishing GST/HST reverse charge mechanics for telecom sector; prescribing property in agriculture quotas for zero-rating; and amendments under the Global Minimum Tax Act. These are under consultation until September 4, 2026, and may become enacted or modified.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 23, 2026
- Verification
- Not recorded
Open cited source
Scope: Latin America
Proposed
DIAN aclara información inexacta sobre proyecto de reforma tributaria radicado por el Gobierno del presidente Petro
El proyecto propone elevar la tarifa de IVA al 19% para bebidas de alto contenido alcohólico (aguardiente, ron, whisky, vodka, brandy, entre otros), igualar el IVA para apuestas en línea y físicas al 19%, aplicar IVA del 19% a compras web internacionales bajo envíos postales urgentes, gravar boletas de espectáculos públicos con precios superiores a COP 500.000, entre otras medidas.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 23, 2026
- Verification
- Not recorded
Open cited source
Scope: Latin America
Proposed
Proyecto de Reforma Tributaria presentado por el Gobierno de Colombia
El Gobierno del presidente Gustavo Petro radicó un proyecto de reforma tributaria ante el Congreso que incluye medidas como aumentar la tarifa de IVA del 5 % al 19 % para bebidas alcohólicas fuertes; gravar apuestas físicas y en línea al 19 %; imponer IVA a compras web internacionales bajo envíos postales urgentes; e instaurar impuesto al consumo para boletas de espectáculos públicos que superen **COP 500.000**. Aunque el proyecto está en trámite, refleja prioridades fiscales del Estado. ([dian.gov.co](https://www.dian.gov.co/Prensa/Paginas/NG-Comunicado-de-Prensa-096-2026.aspx?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jul 23, 2026
- Verification
- Not recorded
Open cited source