Nomadic Tax Institute

Policy updates

Publicly sourced cross-border tax developments. Dates, status and scope are shown separately so they can be read in context.

2638 updates

Scope: Canada

Status requires verification

Businesses: Changes are coming to the way you access Business Registration Online

As of July 14, 2026, Business Registration Online (BRO) will only be accessible through your CRA account. This requires businesses to sign in using CRA credentials, Sign-In Partner, or a provincial partner for registering for a Business Number (BN) and CRA program accounts. The change aims to improve security, efficiency, and service delivery by ensuring identity verification, reducing fraud, streamlining access, and receiving instant confirmations of program account registrations and BNs.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 14, 2026
Verification
Not recorded

Open cited source

Scope: Other Europe

Status requires verification

Manufacturers and importers of excisable products invited to join beta testing of eExcise services

Ukraine invites manufacturers and importers of alcoholic beverages, tobacco products and e-cigarette liquids to join the beta test of the eExcise system starting 14 July 2026. The system will provide electronic traceability using unique excise identifiers. Testing lasts until 11 October 2026, with mandatory introduction scheduled for 1 November 2026. Payment deadlines for excise tax tied to receipt of identifiers (within 15 working days or by day of sale).

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 14, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026: TDS Exemption for Specified Payments to IFSC Units under Income-tax Act, 2025

Under Notification No. 80/2026 [F. No. 275/19/2026-IT(B)], the Central Board of Direct Taxes grants that specified payments such as interest, dividends, professional fees, commission, brokerage, and other financial service-related income **received by eligible IFSC Units** shall be **exempt from TDS** pursuant to the Income-tax Act, 2025. This benefits IFSC Units which have elected deduction under Section 147, helping reduce withholding tax burdens on inbound cross-border or financial service income.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026: Exemption of TDS on specified payments to eligible IFSC Units (India)

CBDT has issued Notification No. 80/2026 [F. No. 275/19/2026-IT(B)] whereby specified payments such as interest, dividends, professional fees, commission, brokerage and other financial service-related income received by eligible IFSC Units are exempt from deduction of tax at source (TDS) under the Income-tax Act, 2025. This relieves cash-flow burden for IFSC Units receiving such payments. Effective immediately upon notification on 13 July 2026. The impact is **High** for IFSC units, financial and professional services providers engaging in cross-border or inter-unit transactions.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: United Kingdom

Status requires verification

UK financial system strengthened with new safeguards for major technology providers

Four global cloud service providers have been designated as Critical Third Parties (CTPs) as of 13 July 2026, bringing providers under direct regulatory oversight to protect operational resilience in the UK financial system. The measures target systemic service providers, and while focused on financial firms, raise wider implications for any business or individual dependent on cloud infrastructure.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026: Exemption from TDS for specified payments to IFSC Units under Income-tax Act, 2025 (India)

The Central Board of Direct Taxes (CBDT) issued Notification No. 80/2026 [F. No. 275/19/2026-IT(B)] which exempts certain payments—interest, dividends, professional fees, commission, brokerage, and other financial service-related income—received by eligible **IFSC Units** from **TDS** under the Income-tax Act, 2025. This reduces withholding compliance burden for payments made to IFSC units when they meet eligibility criteria.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026 — Specified payments to eligible IFSC Units exempt from TDS under Income-tax Act, 2025

Designates certain payments (interest, dividends, professional fees, commission, brokerage, other financial service-related incomes) to **eligible IFSC Units** as **not subject to Tax Deducted at Source (TDS)** under India’s Income-tax Act, 2025. This reduces withholding obligations for payers and improves liquidity for IFSC units.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Exemption from TDS for eligible IFSC Units under Income-tax Act, 2025 (India)

CBDT Notification No. 80/2026 [F. No. 275/19/2026-IT(B)] provides that specified payments such as interest, dividends, professional fees, commission, brokerage and other financial-service-related income received by eligible IFSC Units are **exempt from Tax Deducted at Source (TDS)** under the Income-tax Act, 2025. This change improves cash-flows and reduces withholding obligation for qualifying IFSC entities.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: Latin America

Status requires verification

SII precisa cómo se determinará la base imponible de las apuestas online y anuncia fiscalización a plataformas que no se inscriban

Chile’s SII clarified how the taxable base (base imponible) for online betting, gaming and casino services provided remotely by non-resident platforms will be determined (wagers minus prizes, if prizes can be documented), set the IVA rate at 19 %, and introduced a "cambio de sujeto" withholding mechanism through payment intermediaries for platforms that fail to register by mid-July 2026.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026: Exemption from TDS for specified payments received by eligible IFSC Units

Through Notification No. 80/2026 [F. No. 275/19/2026-IT(B)], the CBDT has declared that specified payments such as interest, dividends, professional fees, commission, brokerage, and other financial service-related income **received by eligible IFSC Units** shall be **exempt from deduction of tax at source (TDS)** under the Income-tax Act, 2025. The change aims to reduce withholding tax burden on IFSC units. Applicable from its publication date, for payments made thereafter. Implications include improved cash flow and reduced compliance burden for IFSC units, but requires parties to ensure eligibility and preserve documentation as required.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026 – Exemption of TDS for Eligible IFSC Units on Specified Payments (India)

Via CBDT Notification No. 80/2026 (F. No. 275/19/2026-IT(B)) dated 13-Jul-2026, specified payments such as interest, dividends, professional fees, brokerage and other financial-service related income received by eligible IFSC (International Financial Services Centre) Units shall be exempt from TDS under the Income-tax Act, 2025. Payers must obtain a declaration (Form No. 1-28) from IFSC Unit to claim non-deduction. Impacts cash flow positively for IFSC Units engaging in cross-border or financial services income streams.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Specified payments to eligible IFSC Units exempt from TDS under Section 147 (India)

Notification No. 80/2026 [F. No. 275/19/2026-IT(B)] by CBDT provides that certain payments—interest, dividends, professional fees, commission, brokerage and other financial service-related income—received by eligible IFSC Units shall be exempt from deduction of tax at source under the Income-tax Act, 2025. Requires IFSC Units to furnish a valid statement-cum-declaration (Form No. 1-New-28) to payers to claim the exemption.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026: Exemption from TDS for eligible IFSC Units on specified payments

In India, CBDT has provided an exemption from Tax Deducted at Source (TDS) under the Income-tax Act, 2025 for payments such as interest, dividends, professional fees, commission, brokerage, and other financial service related income received by eligible International Financial Services Centre (IFSC) Units. This enables such IFSC Units to receive these payments without TDS being deducted, subject to eligibility criteria. Effective from the date of the notification. Implications include cash-flow benefits and reduced compliance burdens for IFSC Units engaging in those types of income streams.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Specified payments to IFSC Units exempt from TDS under Notification No. 80/2026

India’s CBDT notification (No. 80/2026) under F. No. 275/19/2026-IT(B) exempts payments such as interest, dividends, professional fees, commission, brokerage and other financial-service related income made to eligible IFSC Units from deduction of Tax Deducted at Source (TDS) under the Income-tax Act, 2025.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026 – Exemption of Specified Payments to IFSC Units from TDS

Under Notification No. 80/2026 (F. No. 275/19/2026-IT(B)), specified payments such as interest, dividends, professional fees, commission, brokerage and financial service-related income received by eligible IFSC Units are **exempt from TDS** under the Income-tax Act, 2025. This broadens non-TDS benefits beyond leases, effective when the new Act rules came in force.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Notification No. 80/2026 – Exemption from TDS for Payments Received by Eligible IFSC Units

Issuing notification No. 80/2026 (13 July 2026), CBDT declares that payments such as interest, dividends, professional fees, commission, brokerage and other financial service-related incomes received by eligible IFSC Units shall be exempt from tax deducted at source under the Income-tax Act, 2025. Designed to incentivize financial transactions and services routed through IFSCs.

Editorial impact label: Medium

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

Specified Payments to IFSC Units Exempt from TDS under IT Act, 2025 (Notification No. 80/2026)

CBDT issued Notification No. 80/2026 to exempt certain payments—such as interest, dividends, professional fees, commission, brokerage, and other financial service-related income received by eligible IFSC units—from TDS under the Income-tax Act, 2025. This provides relief to IFSC units by reducing withholding burden on inflows of specific financial incomes, enhancing their competitiveness and cash-flow. Effective date as per notification.

Editorial impact label: Low

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: India & South Asia

Status requires verification

TDS exemption for payments to eligible IFSC Units under specified heads

India-wide rule: Notification No. 80/2026 [F. No. 275/19/2026-IT(B)] exempts certain payments such as **interest, dividends, professional fees, commission, brokerage, and financial services-related income** received by eligible IFSC Units from **Tax Deducted at Source (TDS)** under the Income-tax Act, 2025. Effective immediately upon notification. Benefits IFSC Units, improves attractiveness of international financial service activities in India.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 13, 2026
Verification
Not recorded

Open cited source

Scope: Brazil

Status requires verification

Instrução Normativa RFB nº 2333/2026 – Alteration to Cadastro Nacional da Pessoa Jurídica (CNPJ) regulation

This IN alters the previous norm RFB 2.119/2022 governing the Cadastro Nacional da Pessoa Jurídica. The changes formalize the transition to an alphanumeric CNPJ format for new registrations (root and establishment positions may now include letters; check-digits remain numeric), establish rules for virtual establishments, require foreign-domiciled entities to have a Brazilian representative with full legal standing, and modify how establishment counts are handled in the CNPJ system.

Editorial impact label: High

Published
Not recorded
Policy event
Not recorded
Effective
Jul 10, 2026
Verification
Not recorded

Open cited source

Scope: Other Europe

Status requires verification

Environmental tax declaration: updated declaration form for Q4 2026

Ukraine Order № 300 (8 June 2026) updates the environmental tax declaration form and annexes (1-6), adding new requisites (e.g. for integrated environmental permits, “Defense City resident” status) and removing the administrative-territorial unit code in main part. The updated form kicks in for the **IV quarter of 2026**; for the III quarter, the old form must still be used. Impact is Low.

Editorial impact label: Low

Published
Not recorded
Policy event
Not recorded
Effective
Jul 10, 2026
Verification
Not recorded

Open cited source