Scope: China
Status requires verification
国家税务总局公告2026年第2号 — 《增值税一般纳税人登记管理有关事项的公告》
From January 1, 2026, any VAT taxpayer whose annual sales exceed the small-scale threshold must register as a general taxpayer, except certain non-enterprise or natural person units. Sales adjustments from audits, corrections or risk reviews are counted; status change is effective from the period when threshold breached. Removes the previous 'training period' system and strengthens threshold enforcement.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: HK & Taiwan
Status requires verification
立法院今（21）日三讀通過「所得稅法第17條、第126條條文修正草案」，減輕育兒家庭租稅負擔
Taiwan’s legislature passed amendments on August 21, 2026 to increase the exemption for minor children (under 18), boost childcare deductions, and allow full deduction of certain mandatory insurance premiums, effective for income from January 1, 2026. This benefits child-rearing families with significant tax relief, particularly for those with children under 6.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Notice 2025-65: Indexing factors for calculating the Qualifying Payment Amount (QPA) for 2026 under the No Surprises Act
Notice 2025-65 provides the updated indexing factors for group health plans and insurance issuers to calculate Qualifying Payment Amounts for items or services furnished on or after January 1, 2026. This determines cost-sharing protections for patients under the No Surprises Act and affects plan policies, disclosures, and payment obligations.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Treasury, IRS issue guidance on the employer credit for paid family and medical leave under the Working Families Tax Cuts
Clarifies how employers may claim the PFML credit starting in 2026, including both premium-based and wage-based methods, expanded eligibility, and how state or local leave mandates interact with the federal credit.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Notice 2025-65: Indexing Factors for Qualifying Payment Amounts (QPA) under No Surprises Act for 2026
This notice provides the CPI-U-based percentage increase to calculate QPAs for items and services furnished during 2026, which under the No Surprises Act is used to determine patient cost sharing and baseline amounts for independent dispute resolution. The increase from 2025 to 2026 is approximately **1.0265311701**, with cumulative indexing tables provided for base years from 2019 onward.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Interest rates remain the same for the first quarter of 2026
The IRS announced that interest rates for overpayments, underpayments and corporate rates will remain unchanged for the calendar quarter beginning January 1, 2026. Individuals’ overpayment and underpayment rate stays at 7%, corporate overpayment exceeds $10,000 at 4.5%, and large corporate underpayment at 9%.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Notice 2025-65: Indexing factors for group health plans to calculate the Qualifying Payment Amount for 2026
Under the No Surprises Act, Notice 2025-65 publishes the **indexing factors** that health plans and insurance issuers must use to calculate QPAs (qualifying payment amounts) for items or services furnished in 2026. These factors determine patient cost-sharing and protections against surprise billing.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- 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 por Pessoas Físicas Contribuintes da CBS
Amends Decreto nº 12.955/2026 to push back to 1 January 2027 the requirement for natural persons and rural producers-persons tied to CBS obligations to register with a CNPJ and issue fiscal documents under the CBS/IBS system. Provides more time for adaptation of taxpayers, fiscal authorities, and software developers.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: HK & Taiwan
Status requires verification
立法院三讀通過「所得稅法第17條、第126條條文修正草案」，減輕育兒家庭租稅負擔
Taiwan’s Legislative Yuan passed amendments to Articles 17 & 126 of the Income Tax Act to lighten tax burdens on parenting families. Effective income earned from 1 January 2026, these changes increase the exemption for minor dependents by 50%, raise deduction rules for social/insurance premiums by removing certain caps, and combine child exemption with preschool special deductions for children aged six or under. Expected to benefit about 2.37 million people; tax revenue loss estimated around NT$8 billion.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
国家税务总局公告2026年第13号 — 《关于企业重组业务所得税处理有关征管问题的公告》
Supports corporate mergers, splits, and restructurings by relaxing shareholder consensus requirements for special image tax treatment; resident enterprise shareholders holding ≥ 50% can now qualify even if non-enterprise, non-resident or natural person shareholders are not all in agreement. Also mandates holding periods for major shareholders (5% or top ten) to preserve special treatment.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Notice 2025-65: Indexing factors to calculate the Qualifying Payment Amount for items or services furnished during 2026
Notice 2025-65 provides the percentage increase for calculating QPAs for 2026 under the No Surprises Act. It specifies how to index median contracted rates from base years (such as 2019) using CPI-U increases. The notice is effective January 1, 2026. Plans and issuers must begin using these factors for cost sharing and balance-billing protections under NSA.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Treasury-IRS issue guidance on permanent expansion of paid family and medical leave tax credit under the Working Families Tax Cuts
Notice 2026-28 provides guidance under section 45S for employers: expanding eligibility to include part-time employees working 20+ hours/week, employers may use premiums paid for PFML insurance or wages paid during leave, and state/local mandate leave may be counted toward eligibility. Credit rate ranges 12.5-25%, for up to 12 weeks leave. Implements changes under the Working Families Tax Cuts Act. The policy makes providing PFML more attractive to employers and increases benefits to eligible employees.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Automatic Federal Benefits for Lower-Income Individuals (CRA-Filed Returns)
Budget 2025 proposes amendments to permit the Canada Revenue Agency to file income tax returns on behalf of eligible low-income individuals with simple tax situations who do not file themselves, starting for 2025 taxation (filing in 2026), so they receive federal benefits they qualify for. This is intended to reach up to 5.5 million low-income Canadians by 2028. The CRA must provide pre-filled information and allow review and opt-out. Impact: medium-high for low-income Canadians.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Tax year 2026 annual inflation adjustments under Rev. Proc. 2025-45 (One, Big, Beautiful Bill Act)
This U.S. IRS revenue procedure modifies certain Code provisions under Public Law 119-21 (One, Big, Beautiful Bill Act) to set forth inflation-adjusted items for 2026. Key changes include making individual tax rate schedules permanent, increased standard deductions for different filing statuses, updated thresholds for adoption credits, income phase-outs, increased expensing limits under Section 179, and revised gross receipts limits for cash accounting methods. These changes impact individuals and businesses for taxable years beginning on or after 1 January 2026. Their implications include planning for higher standard deductions, altered bracket boundaries, updated deductions and credits, and reviewing entity accounting methods to ensure compliance and tax-beneficial structuring.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Notice 2025-55: Relief from Penalties on Remittance Transfer Excise Tax Deposits
Notice 2025-55 grants limited relief from deposit failure penalties under IRC section 6656 for remittance transfer providers during the first three calendar quarters of **2026**. It also clarifies that providers may still use the deposit safe harbor rules, provided they satisfy reasonable cause, even if deposits are incorrectly calculated during that period. This relates to the new 1% excise tax on certain remittances under Section 4475 of the Code, effective January 1, 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Relief from Penalty for Failure to Deposit Remittance Excise Tax (Notice 2025-55)
Notice 2025-55 provides transitional penalty relief for remittance transfer providers for the first three calendar quarters of 2026, under section 6656 penalties, related to the new 1% remittance transfer excise tax under section 4475. Providers who make timely but potentially miscalculated semimonthly deposits and pay any underpayments in full by the Form 720 due date will avoid penalties. Safe-harbor rules remain available under reasonable cause.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500
The IRS announced that for tax year 2026, the maximum employee contribution to 401(k) plans rises from $23,500 to $24,500, and the individual retirement account (IRA) limit increases from $6,500 to $7,500. This raises the ceiling for tax-advantaged retirement savings in the U.S.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
Interest rates remain the same for the first quarter of 2026
For the calendar quarter beginning January 1, 2026, the IRS has kept interest rates unchanged: for individuals, overpayments and underpayments remain at 7% per year, compounded daily; similar maintenance for corporate rates. These rates affect underpayments, overpayments, large corporate underpayments and overpayments exceeding $10,000.
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: HK & Taiwan
Status requires verification
總統今（11）日修正公布「所得稅法」第17條、第126條條文，減輕育兒家庭租稅負擔
On 11 September 2026, Taiwan amended Articles 17 & 126 of its Income Tax Act to raise minor child exemptions by 50% (from NT$101,000 to NT$151,500 per child) and allow full itemised deduction of social insurance premiums (labor, health, national pension, military/public service insurance) beyond the previous NT$24,000 cap. Applies from tax year starting 1 Jan 2026, to be claimed for filings in May 2027; expected to benefit ~2.37 million taxpayers with ~NT$8 billion in tax savings.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Status requires verification
401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500
For tax year 2026, employee contribution limits are raised: 401(k), 403(b), governmental 457 plans, and Thrift Savings Plan maximum is now $24,500 (up from $23,500). IRA contribution limit increases to $7,500. Catch-up contributions also increase for employees 50 and over. Phase-out income ranges for IRA deduction, Roth IRA eligibility, and Saver’s Credit are adjusted upward. These changes are effective for contributions and returns in 2026.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source