Scope: HK & Taiwan
Proposed
Stamp Duty (Amendment) (No. 3) Bill 2026
Hong Kong gazetted a Bill proposing to relax the criteria for stamp-duty relief on intra-group transfers of immovable property or Hong Kong stock. The proposal would broaden the associated-body definition by considering direct or indirect beneficial interests or voting rights and lowering the ownership threshold from 90 percent to 75 percent. The Bill states that, subject to passage, it would apply to instruments executed on or after February 25, 2026.
Editorial impact label: High
- Published
- Oct 27, 2026
- Policy event
- Not recorded
- Effective
- Feb 24, 2026
- Verification
- Not recorded
Open cited source
Scope: Latin America
Status requires verification
Decreto Legislativo 240 de 2026 – impuesto de normalización tributaria en Colombia
Este decreto crea un **impuesto temporal de normalización tributaria** en Colombia para declarar activos omitidos, pasivos subvalorados y pasivos inexistentes con tarifa del 19%. Orientado a aumentar la base tributaria y generar ingresos extraordinarios por la emergencia climática.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 24, 2026
- Verification
- Not recorded
Open cited source
Scope: Latin America
Status requires verification
Decreto Legislativo 173 de 2026 – impuesto al patrimonio Colombia
Colombia estableció en el Decreto Legislativo 173 de 2026 un nuevo impuesto al patrimonio para personas jurídicas con patrimonio líquido igual o superior a 200 000 UVT, con tarifas diferenciadas: 0,50 % para la mayor parte; y 1,60 % para entidades financieras, aseguradoras, empresas extractivas, etc.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 24, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
What you need to know for the 2026 tax-filing season
Canada Revenue Agency announced updates for the 2025 income tax and benefit return filing season including new deadlines, digital-service improvements like backup MFA, access to NETFILE codes, digital notices of assessment only, ending paper-mailing of many schedules, expanded SimpleFile access, and self-service options for representatives. These changes affect all taxpayers and reduce paper-based filing.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 23, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
The Minister of Finance and National Revenue … mark the launch of the 2026 tax-filing season
CRA officially opened the 2026 tax-filing season for the 2025 income tax and benefit returns on February 23, 2026. Key service improvements have been introduced including expanded digital services, strengthened account security, and enhanced tools for representatives. Deadlines: April 30, 2026 for most filers; June 15, 2026 for self-employed or those partnered with self-employed. Additional changes: backup multi-factor authentication (MFA) required, digital notices, easier access to tax slips, manage balance service for debts, GenAI chatbot assistance. ([canada.ca](https://www.canada.ca/en/revenue-agency/news/2026/02/the-minister-of-finance-and-national-revenue-and-the-secretary-of-state-canada-revenue-agency-and-financial-institutions-mark-the-launch-of-the-202.html?utm_source=openai))
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 23, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Additional updates required to CCA Table on Form T777 (Statement of Employment Expenses) – CRA Form Revision
The CRA determined that further updates are required to the Capital Cost Allowance table on Form T777 due to proposed reaccelerated investment incentive property (RIIP) measures under Bill C-15. Taxpayers are asked to refrain from using the version posted Jan 20, 2026, for CCA claims until revised form is released.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 23, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
The Minister of Finance and National Revenue and the Secretary of State (Canada Revenue Agency and Financial Institutions) mark the launch of the 2026 tax-filing season
The 2026 tax-filing season begins for 2025 tax returns, with enhancements to CRA digital services: easier credential recovery; tracking returns and refunds; new “SimpleFile Virtual” access; and previews of automatic and pre-filled tax return pilots pending legislation. Announces potential CRA pilot to file returns for eligible individuals who do not owe taxes, and pre-filled returns for up to 1 million eligible individuals by March 2027.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 23, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Proposed
Proposed regulations for Clean Fuel Production Credit (Section 45Z)
REG-121244-23: IRS and Treasury issued proposed regulations in February 2026 for the clean fuel production credit under section 45Z (modified by the One Big Beautiful Bill). The proposals address eligibility, emissions rates, registration, elective payments, credit transfer, and clarity on facility ownership and minimum processing. Comments due April 6, 2026; hearing scheduled May 28, 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 23, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Proposed
Proposed regulations for Section 45Z Clean Fuel Production Credit (One, Big, Beautiful Bill)
The Treasury and IRS issued proposed regulations on February 23, 2026 (Bulletin 2026-9) for the Section 45Z clean fuel production credit as extended and modified by the One, Big, Beautiful Bill. They address eligibility, emissions rates, claims filing, registration, elective payment or credit transfer, and other general requirements affecting domestic clean fuel producers.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 23, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Updates to 2025 Instructions for Form 4626 Including Additional Interim Guidance Regarding the Application of the Corporate Alternative Minimum Tax
The IRS issued Notice 2026-7 which modifies interim guidance for the Corporate Alternative Minimum Tax (CAMT). It addresses adjustments to Adjusted Financial Statement Income (AFSI) for tax-deductible repairs, section 197 amortization of intangibles, production costs for media properties, domestic R&D expenditures, and rules for certain acquisition transactions. Also clarifies statements required when filing returns for entities subject to CAMT. Published in February 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 20, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Treasury and IRS issue guidance on special depreciation allowance for qualified production property
Notice 2026-16 offers interim guidance under OBBB for the election to take **100% special depreciation** on Qualified Production Property (QPP) placed in service after July 4, 2025 but before January 1, 2031. It clarifies definitions of QPP and qualified production activity, election timing, and how depreciation recapture works. This provides businesses accelerated write-offs and cash flow benefits for manufacturing, agriculture, refining, and related industries.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 20, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Treasury, IRS Issue Guidance on Special Depreciation Allowance for Qualified Production Property
Notice 2026-16 provides interim guidance under the One, Big, Beautiful Bill for a new special depreciation allowance allowing taxpayers to elect up to **100% of the unadjusted depreciable basis** of qualified production property placed in service between July 4, 2025 and January 1, 2031. It clarifies definitions of qualified production property and activity, how to make the election, and how recapture rules work if property ceases qualifying. ([irs.gov](https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-special-depreciation-allowance-for-qualified-production-property-announce-upcoming-proposed-regulations-under-the-one-big-beautiful-bill?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 20, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
IRS issues guidance on special depreciation allowance for qualified production property under the One, Big, Beautiful Bill
The U.S. Treasury and IRS issued interim guidance explaining how taxpayers can apply the special depreciation allowance for qualified production property, as well as proposed regulations for energy tax credits—underscoring eligibility requirements and clarifying interaction with other Code provisions under recent federal legislation. These updates help businesses claim new investment incentives correctly.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 20, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Notice 2026-7: Additional Interim Guidance Regarding the Application of the Corporate Alternative Minimum Tax
Notice 2026-7 provides interim rules under sections 55, 56A, and 59 for the Corporate Alternative Minimum Tax (CAMT), expanding and modifying adjustments to Adjusted Financial Statement Income (AFSI), refining rules for financially troubled companies and international transactions (including §367(d) intangible transfers), and adding new reporting/disclosure requirements. It is effective February 18, 2026, and may be relied upon for taxable years before final regulations are issued. The impact is high for large corporations.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 18, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
What's new for corporations — filing & tax-credit rules in provinces
Province-level changes as of 2026 include: in British Columbia, elimination of the requirement to file a completion certificate and a notice of intent for certain tax credits for claims due after February 16, 2026; Newfoundland and Labrador corporation income tax lower rate reduced to 2.0% retroactive to Jan 1, 2026 (with further rate reductions planned for 2027-28); Ontario’s lower corporate tax rate reduced from 3.2% to 2.2% effective July 1, 2026.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 17, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Government launches consultations on potential domestic content requirement for Clean Technology and Clean Electricity investment tax credits
As part of Budget 2025, the Department of Finance Canada has proposed introducing a **domestic content requirement** for the Clean Technology and Clean Electricity investment tax credits (ITCs). These refundable and partially refundable credits currently provide incentives up to 30 % (Clean Technology) and up to 15 % (Clean Electricity) for eligible investments in clean electricity generation, low-carbon heating, energy storage, and zero-emission vehicles. The consultation is open and aims to design how strong the domestic content rules will be, how enforcement and definitions will work, and the trade-offs between encouraging Canadian supply chains vs. administrative burden. Stakeholders have until **March 13, 2026** to provide feedback. 🇨🇦
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 13, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Legislation Passes to Deliver New Canada Groceries and Essentials Benefit
Bill C-19, the Canada Groceries and Essentials Benefit Act, received Royal Assent on February 12, 2026. It replaces the GST/HST Credit for low- and modest-income Canadians, delivering a one-time top-up payment equal to 50% of the 2025-26 GST Credit, and increasing the benefit by 25% for five years starting in July 2026. Payments will be quarterly. Impacts include enhanced support for over 12 million Canadians, including up to $1,890 for a family of four in 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 12, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Notice 2026-15: Interim Guidance on Restrictions to Energy Credits under Sections 45X, 45Y, and 48E if Material Assistance from a Prohibited Foreign Entity
Notice 2026-15 implements new restrictions under the One, Big, Beautiful Bill Act (OBBBA) regarding Prohibited Foreign Entity (PFE) involvement in energy tax credits. It provides rules for calculating the Material Assistance Cost Ratio (MACR), safe harbor methods and thresholds, specifies what qualifies as a PFE, and clarifies credit eligibility for facilities or components with foreign content. Effective for facilities with construction beginning after December 31, 2025, and components sold in tax years after July 4, 2025. The impact is high for energy developers, manufacturers, and taxpayers claiming these credits.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 12, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Treasury and IRS Provide Guidance for Energy Tax Credits Regarding Material Assistance from Prohibited Foreign Entities
Notice 2026-15 provides interim guidance under the One, Big, Beautiful Bill Act on determining whether qualified clean energy facilities under §§ 45Y, 48E or components under § 45X receive "material assistance" from a Prohibited Foreign Entity (PFE), which would render them ineligible for certain energy tax credits. It also offers safe harbors and requests comments on definitions and anti-circumvention rules, with applicability for facilities beginning construction after December 31, 2025, and components sold in taxable years after July 4, 2025. Implications include tightening eligibility for energy credits for foreign-associated entities, and potential supply chain impact.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 12, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Treasury, IRS provide guidance for certain energy tax credits regarding material assistance provided by prohibited foreign entities under the One, Big, Beautiful Bill (Notice 2026-15)
Interim guidance under IR Code §§ 45Y, 48E, and 45X to help taxpayers determine whether qualified facilities, energy storage technologies, or eligible components are receiving material assistance from a Prohibited Foreign Entity (PFE), including how to use interim safe harbors, perform example calculations, and understanding upcoming proposed regulations defining PFE and MACR (Material Assistance Cost Ratio).
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Feb 12, 2026
- Verification
- Not recorded
Open cited source