Scope: United States
Status requires verification
Bulletin No. 2026-18: Final regulations on definition of cash tips and exclusion of digital assets (including payment stablecoins)
Under the newly enacted GENIUS Act (Public Law 119-27) and provisions of the One, Big, Beautiful Bill, the IRS issued final regulations defining “cash tips” for section 224 purposes. The regulations clarify that **digital assets**, including all payment stablecoins as described in section 6045(g)(3), are **excluded** from the definition of cash tips. Also clarified: whether digital tipping systems, mobile payments, foreign currencies, or tokens exchangeable for fixed cash amounts qualify, and the recordkeeping and reporting obligations tied to these rules. This affects workers, employers, and platforms dealing with tips and digital payments. Bulletin published April 27, 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 27, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
IRS announces new option for certain taxpayers to request more time after ERC claim disallowance
Under IR-2026-58, businesses whose Employee Retention Credit (ERC) claims have been disallowed via IRS Letter 105-C or 106-C can now use Form 907 to extend the two-year period within which to administratively resolve or file suit, provided the request is made before the statutory deadline.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 27, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
New Option to Extend Time for APR appeal after ERC Claim Disallowance
On April 27, 2026, IRS announced a streamlined option allowing taxpayers who received Letter 105-C or 106-C disallowances of Employee Retention Credit claims and have six months or less remaining before the two-year deadline to submit Form 907 via the Document Upload Tool (selecting CP320B) to request an extension — preserving rights to administrative appeal or court suit.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 27, 2026
- Verification
- Not recorded
Open cited source
Scope: ASEAN
Status requires verification
PP 20 Tahun 2026 – Permanent Final PPh 0.5% for UMKM (Indonesia)
Government Regulation PP 20/2026 replaces PP 55/2022. Final PPh rate 0.5% of gross revenue up to Rp4.8 billion annually, permanently applicable for individuals, single-person PTs and cooperatives, subject to stricter entity-type and revenue aggregation criteria.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 22, 2026
- Verification
- Not recorded
Open cited source
Scope: ASEAN
Status requires verification
Peraturan Pemerintah Nomor 20 Tahun 2026 tentang Penyesuaian Pengaturan di Bidang Pajak Penghasilan (PPh Final UMKM)
This Indonesian Government Regulation (PP 20/2026), effective 22 April 2026, revises PP 55/2022 regarding final income tax for UMKM. It retains the final tax rate of **0.5%** for micro-, small-, and medium enterprises with gross turnover up to Rp 4.8 billion/year; expands the aggregation of turnover across business entities and spouses to prevent splitting; allows unlimited use of the facility for personal and one-person PT entities, while cooperatives may use it for up to 4 years. Also includes a tax-free threshold for personal UMKM with revenue up to Rp 500 million/year. Source: Direktorat Jenderal Pajak, Indonesia.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 22, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Spring Economic Update 2026: Temporary Suspension of Federal Fuel Excise Tax on Gasoline, Diesel, and Aviation Fuel
Legislative proposals released on April 14, 2026 to set the excise tax rates under the Excise Tax Act and related statutes to **zero** for gasoline, diesel, unleaded aviation gasoline and aviation fuel for the period from **April 20 to September 7, 2026**. This provides immediate relief at the pump for consumers and businesses.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Proposed temporary rate reductions of the excise tax on certain types of fuel
The federal government proposed reducing excise taxes to zero for unleaded gasoline, unleaded aviation gasoline, diesel, and aviation fuel delivered or imported between April 20 and September 7, 2026. The proposal applies to licensed wholesalers/producers under the Excise Tax Act. Businesses in fuel supply, transport, and aviation sectors should adjust operations to align with the zero-rate window and ensure compliance with reporting and licensing rules.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Tax measures: Supplementary information | Spring Economic Update 2026
The government proposes to make the Employee Ownership Trust capital gains tax exemption permanent; temporarily suspend federal excise tax on gasoline, unleaded aviation gasoline, diesel and aviation fuels from April 20 to September 7, 2026; and increase the deduction limit for temporary relocation expenses (from $4,000 to $10,000) for eligible tradespeople in Canada starting 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Temporary suspension of federal fuel excise tax April–September 2026
Legislative proposals released April 14, 2026 to temporarily set excise tax rates on gasoline, diesel, unleaded aviation gasoline, and aviation fuel to $0.00 for period April 20 to September 7, 2026. Intended to provide immediate relief at the pump and reduce operating costs for businesses.([budget.canada.ca](https://budget.canada.ca/update-miseajour/2026/report-rapport/tm-mf-en.html?utm_source=openai))
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Temporarily suspending the federal fuel excise tax on gasoline and diesel across Canada
Starting April 20, 2026, the Canadian government suspended the full amount of the federal fuel excise tax on gasoline and diesel (and aviation fuels) until September 7, 2026. Also providing relief via the new Canada Groceries and Essentials Benefit: a one-time 50% top-up to the GST credit on June 5, 2026, and a 25% increase in that benefit from July 2026 for five years. Impacts affordability and cost of living, particularly for transportation and goods.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Suspension of the federal fuel excise tax
The Government of Canada temporarily suspended the federal excise tax on gasoline, diesel, and aviation fuel from **April 20 through September 7, 2026**, to help lower costs for Canadians. This relief is projected to reduce fuel costs by up to **10¢/L** for gasoline and **4¢/L** for diesel, impacting consumers, businesses, and transport-intensive sectors. ([canada.ca](https://www.canada.ca/en/prairies-economic-development/news/2026/04/minister-olszewski-to-highlight-federal-fuel-excise-tax-relief-to-support-affordability-for-canadians.html?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
ETSL82 Proposed temporary rate reductions of excise tax on certain types of fuel
On April 14, 2026 the Government proposed temporary rate reductions to the federal excise tax on **unleaded gasoline**, **unleaded aviation gasoline**, **diesel fuel**, and **aviation fuel**. If enacted, these rates would be reduced to **zero** for affected fuels manufactured, produced, sold or imported between **April 19, 2026** and **September 7, 2026**. This applies to licensed producers, wholesalers, and importers. Raises compliance issues around inventory held before/after cut-over dates. Provides relief to consumers and businesses reliant on fuel.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Government of Canada introduces targeted support to help Canada’s airline sector weather global fuel market volatility
Announced June 8, 2026: temporary removal of federal fuel excise tax on aviation fuel (from April 20 to September 7, 2026), plus broader relief on gasoline and diesel; plus introducing the Liquidity for Airline Sector Resilience facility—a repayable support facility up to $150 million with conditions on Canadian operations, dividends, executive compensation. Implications include cash-flow relief for airlines, taxpayer cost, and compliance requirements tied to performance and Canadian content.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Proposed
Canada’s Spring Economic Update 2026 confirms inclusion of legislative proposals for GST/HST rules, excise duties, and eligible tax measures
Canada’s 2026 budget update confirms prior proposed tax and regulatory measures including temporary zero-rate excise taxes on gasoline and aviation fuels for summer; extending caps on alcohol excise inflation adjustments; expanding first-time home buyer rebates; additions to clean hydrogen investment credits; amendments to tax-deferral and income-reporting rules among others. These proposals are moving forward as confirmed by the Spring Economic Update.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Temporarily suspending the federal fuel excise tax
Canada will suspend the federal excise tax on gasoline, diesel fuel, and aviation fuels effective 20 April 2026 through Labour Day (7 September 2026), reducing fuel costs across the country. This measure aims to relieve price pressures stemming from global oil disruptions; tax payable by manufacturers or wholesalers becomes zero for deliveries/imports post 19 April.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Proposed
Canada Spring Economic Update 2026: Proposed tax measures including excise duty and tax exemptions
Canada’s Spring Economic Update published various proposed tax changes: extending 2 % cap on inflation adjustments for excise duties on beer, spirits and wine; halving excise duty rates for first 15,000 hectolitres of domestic beer; temporarily suspending federal fuel excise tax from April 20 to September 7, 2026; making the employee ownership trust gain exemption permanent; Home Buyers’ Plan enhancements.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Legislative proposals to temporarily set the excise tax rates on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel to $0.00 (April 20 to September 7, 2026)
Under the Spring Economic Update 2026, Canada’s government has proposed suspending the federal excise tax on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel — setting the rates to **$0.00 per litre** for the period beginning **April 20, 2026**, and ending **September 7, 2026**. This measure is intended to alleviate fuel cost pressures, particularly due to global energy market disruptions. ([budget.canada.ca](https://budget.canada.ca/update-miseajour/2026/report-rapport/nwmm-amvm-en.html?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Temporarily suspending the federal Fuel Excise Tax on gasoline, diesel, and aviation fuels across Canada
The Government of Canada will suspend federal excise taxes on gasoline, unleaded aviation gasoline, diesel fuel and aviation fuel from April 20, 2026 through September 7, 2026. Rates will be reduced to $0.00 per litre under the Excise Tax Act; gasoline prices could drop by up to 10 cents per litre and diesel up to 4 cents per litre. This impacts fuel suppliers, wholesalers, importers, licensed producers, and businesses using such fuels.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Legislation passes to implement measures from the Spring Economic Update 2026
Canada’s Bill C-30 introduces a portfolio of tax, excise, and financial measures including suspending federal fuel excise tax between April 20 and September 7, 2026; easing homeownership by extending Home Buyers’ Plan repayment grace periods; enhancing deductions and reducing contribution rates for CPP; and making permanent a capital gains exemption for qualifying transfers to employee ownership trusts and worker co-operatives. Implications include lower fuel costs, more flexible homeownership financing, increased support for employee ownership, and reduced payroll burdens starting 2027. Tax planning and structuring will need to adjust accordingly.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Temporarily suspending the federal fuel excise tax
The Government of Canada plans to introduce draft legislative amendments to the Excise Tax Act to set federal excise tax rates on gasoline, diesel, and aviation fuels to zero cents per litre, from April 20, 2026 until Labour Day (September 7, 2026), providing estimated $2.4 billion in tax relief during high fuel costs.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Apr 20, 2026
- Verification
- Not recorded
Open cited source