Scope: Global (United States)
Proposed
Extension of SECURE 2.0 Act amendment deadline for IRAs
The IRS and U.S. Treasury extended the deadline for making amendments to Individual Retirement Accounts (IRAs), SEP plans and SIMPLE IRA plans to comply with the SECURE 2.0 Act. The extension allows these entities until December 31, 2027 to adopt the necessary amendments and operate retroactively to the effective dates under SECURE 2.0 provisions.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Guidance on the Common Reporting Standard – amendments coming into force
The revised Guidance under Part XIX of the Income Tax Act includes amendments published in the May 2026 Notice of Ways and Means Motion. These amendments, which strengthen due diligence, reporting of self-certification, controlling persons, joint account status, etc., come into force January 1, 2027.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Legislative proposals revising qualified investments for registered plans
Amendments to the Income Tax Act and Regulations revising the definition of “qualified investment” for registered plans (RRSPs, TFSAs, RESPs, RDSPs, DPSPs, FHSA), including addition of two types of unit trusts, updating reporting requirements, and replacing Part XLIX of Regulations with new Part L. These changes come into force January 1, 2027.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Spring Economic Update 2026: Reduction of Base Canada Pension Plan Contribution Rate
Legislative amendment to lower the base CPP contribution rate from 9.9% to 9.5% effective January 1, 2027, providing relief to employees (~$133 annually for those earning $70,000) and equivalent savings to employers, contributing to affordability while maintaining sustainability.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: United States
Proposed
Notice 2026-48: Intent to propose regulations regarding the Saver’s Match program
On August 7, 2026, the Department of the Treasury and IRS issued Notice 2026-48 announcing their intent to propose regulations for the Saver’s Match program, a federal retirement savings incentive starting in 2027. It is currently Proposed; businesses and retirement plan sponsors should plan for compliance requirements under future rules.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Spring Economic Update 2026: Canada Strong For All – Key Tax Measures
In the Spring Economic Update 2026, the Government of Canada confirmed several significant tax-related policy changes: making the **Employee Ownership Trust Tax Exemption** permanent; reducing the base Canada Pension Plan (CPP) contribution rate from **9.9% to 9.5%** effective **January 1, 2027**; and expanding access and simplifying the application process for the Disability Tax Credit across additional health professionals and for guardians/curators. These changes are designed to support worker ownership, reduce payroll costs, and increase accessibility of tax relief for persons with disabilities.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: South Korea
Status requires verification
Crypto Taxation Regime Effective Jan 1, 2027 under Income Tax Act
Under the amendment to the Income Tax Act (December 2024), virtual asset gains from transfers or lending will be taxed as 'other income' for residents from January 1, 2027. Annual deduction of 2.5 million won, 20% national tax (≈22% including local tax), cost basis rules include using market value as of December 31, 2026 for pre-existing assets. Losses limited; reporting via comprehensive income tax filings in May 2028 for 2027 income.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Brazil
Status requires verification
Decreto nº 13.075, de 21 de julho de 2026 – prorrogação da obrigatoriedade de inscrição no CNPJ e emissão de documentos fiscais para pessoas físicas contribuinte da CBS
Este decreto altera o Decreto nº 12.955/2026 para prorrogar para **1º de janeiro de 2027** a obrigatoriedade de inscrição no Cadastro Nacional da Pessoa Jurídica (CNPJ) e de emissão de documentos fiscais por pessoas físicas contribuintes ou responsáveis tributários no âmbito da CBS, inclusive produtores rurais físicos. Confere prazo adicional de adaptação para contribuintes, administrações tributárias e desenvolvedores de sistemas.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
财政部 税务总局 工业和信息化部 关于调整节能汽车、新能源汽车车船税优惠政策的公告
This announcement withdraws the vehicle-and-vessel tax (车船税) preferential treatment for certain energy-saving and new energy vehicles, including pure electric commercial vehicles, plug-in hybrids, fuel cell commercial vehicles, and other energy-saving vehicles. Effective **January 1, 2027**, these vehicles will no longer enjoy exemption or half-rate preferential treatment; instead, they will be taxed at the full rates according to the vehicle tax item schedule relevant in their province or region. This reflects a shift toward **tax fairness** and redistribution of tax burdens previously borne as incentives. Medium to high impact for businesses in clean vehicle industries and fleet operators.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
IRS provides guidance to States for nominating census tracts as Qualified Opportunity Zones under the One, Big, Beautiful Bill
Treasury & IRS issued Revenue Procedure 2026-14 guiding States (including DC & territories) how to nominate census tracts to be designated as Qualified Opportunity Zones (QOZs) beginning January 1, 2027. Eligibility includes Low-Income Communities, including those entirely rural. The nomination window opens July 1, 2026 for 90 days (with up to 30-day extension). New designations occur every ten years under OBBB.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Brazil
Status requires verification
Obrigatoriedade de inscrição no CNPJ por pessoas físicas para emissão de documentos fiscais prorrogada para 1º de janeiro de 2027
Decreto adia para 1º de janeiro de 2027 a exigência de que pessoas físicas contribuintes ou responsáveis tributários da CBS, ou produtores rurais pessoa física, se inscrevam no CNPJ para emitir documentos fiscais. Até 31 de dezembro de 2026, continuam válidos os mecanismos atuais de identificação sob a regulamentação da CBS.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Reduction in Canada Pension Plan base contribution rate
The Spring Economic Update 2026 proposes reducing the CPP base contribution rate from 9.9% to 9.5%, starting January 1, 2027. This affects both employees and employers and results in modest reductions in payroll deductions.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Proposed
International Controlled Transactions Reporting Regulations 2026 (Draft)
HMRC has issued draft regulations for International Controlled Transactions Reporting, covering specified types of international transactions with enhanced disclosure, enforcement, penalties; slated to apply for accounting periods beginning on or after 1 January 2027.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Qualified investment definition revisions (Income Tax Act amendments for registered plans)
Effective January 1, 2027, Canada is replacing the definition of "qualified investment" in subsection 207.01(1) and repealing corresponding definitions in sections 146(1), 146.1(1), etc. This affects RRSPs, RRIFs, RESPs, RPPs and other registered plans, including new rules for transfers to spouses/former spouses without “living separate and apart”, modified attribution rules, and defined conditions for prohibited investments.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Amendments to definitions of qualified investment and spousal transfer rules taking effect January 1, 2027
Effective January 1, 2027, the definitions of “qualified investment” in the Income Tax Act (sections for RRSPs, RRIFs, RESPs, RDSPs) will be replaced by the definition in subsection 207.01(1). Also, amendments allow RRSP funds to transfer to a registered pension plan due to breakdown of marriage or common-law partnership without needing the “living separate and apart” condition.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Treasury, IRS provide guidance to States for nominating census tracts as qualified opportunity zones under the One, Big, Beautiful Bill
Guidance issued via Revenue Procedure 2026-14 for how States, DC, and U.S. territories can nominate census tracts (including new rural-only tracts) to be designated as Qualified Opportunity Zones beginning January 1, 2027. Identifies 25,332 Low-Income Communities eligible, including 8,334 entirely rural tracts; nomination window July 1–Oct 2026 (90 days, with possible 30-day extension); restrictions per State on number of tracts that may be designated.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Australia
Proposed
Common Reporting Standard (CRS) Schema Version 3.0 Coming into Effect
The ATO announced on **17 August 2026** that **CRS Schema Version 3.0** will be mandatory from **1 January 2027**. New validation rules and required fields will apply. Current submissions under CRS Schema Version 2.0 will be rejected from that date. A draft CRS 2027 specification (v0.1) published on 13 August 2026 to enable institutions and software developers to prepare.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: United States
Proposed
Treasury, IRS Issue Proposed Regulations to Make It Easier for Digital Asset Brokers to Provide 1099‐DA Statements Electronically
This proposal allows digital‐asset brokers, starting with statements furnished on or after January 1, 2027, to provide Form 1099-DA statements electronically without offering paper copies to those who consent, while requiring enhanced notice, continued access, and other requirements. Comments requested.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: Brazil
Status requires verification
Decreto nº 13.075 de 21 de julho de 2026
This decree alters Decreto nº 12.955/2026, which regulates the Contribuição Social sobre Bens e Serviços (CBS). It postpones the requirement for natural persons (pessoa física) who are CBS contributors or tax‐responsible, and rural producers person física, to register with the CNPJ and issue fiscal documents. The new effective date for these obligations is **1 January 2027**. Until 31 December 2026, existing identification mechanisms remain valid. This grants taxpayers, public authorities and software developers additional adjustment time in light of the consumption tax reform.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source
Scope: United Kingdom
Proposed
Foreign Permanent Establishment Exemption Reform
From accounting periods beginning on or after 1 January 2027, UK-resident companies will be required to exempt profits and losses attributable to foreign permanent establishments (PEs) from UK corporation tax. For oil & gas extraction/exploration activities, the exemption applies from 1 September 2026. Losses arising in foreign PEs before that date will be limited by transitional rules. The measure replaces voluntary election with mandatory exemption and aligns the definition of permanent establishment with international norms.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2027
- Verification
- Not recorded
Open cited source