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》
For corporate mergers and splits occurring on or after **January 1, 2026**, the State Taxation Administration has relaxed the threshold for applying "special tax treatment". Resident enterprise shareholders holding ≥5% and the top-10 resident enterprise shareholders must reach agreement, and the **combined** shareholding of resident enterprise shareholders who agree must exceed **50%**. Portion of assets/liabilities for which special treatment applies can be separated; the remainder must use general treatment or the simplified method with fair value gap amortized over 10 years. Agreements must be maintained for 12 months post-reorganization. This improves predictability and reduces compliance burdens.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: United States
Proposed
Notice 2025-65: Use of indexing factors in calculating qualifying payment amount (QPA) for No Surprises Act items and services furnished in 2026
Notice 2025-65 provides the **percentage increase in the Consumer Price Index for All Urban Consumers (CPI-U)** used to adjust the Qualifying Payment Amount (QPA) under the No Surprises Act for health plan cost-sharing in 2026. It mandates that group health plans and insurance issuers use these indexing factors to determine cost-sharing amounts for services furnished on or after January 1, 2026. This ensures medical billing protections keep pace with inflation.
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
Notice providing relief for remittance transfer providers for failure to deposit penalties under the One, Big, Beautiful Bill Act
Under OBBB, a new 1 % excise tax on certain remittance transfers comes into effect, with updated deposit and return obligations. Notice 2025-55 provides **penalty relief** for remittance transfer providers for failures to make deposits during the first three calendar quarters of 2026, expected to ease compliance burden during transition.([eitc.irs.gov](https://www.eitc.irs.gov/newsroom/topics-in-the-news?utm_source=openai))
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
Guidance on the Permanent Expansion of Paid Family and Medical Leave Tax Credit under the WFTC
Notice 2026-28 provides guidance under the Working Families Tax Cuts expanding eligibility and methods for employers to claim a credit for paid family & medical leave (PFML), including wage-based and premium-based methods, rates of 12.5%-25%, up to 12 weeks.
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 inflation adjustments for tax year 2026 under the One, Big, Beautiful Bill Act
The IRS released Revenue Procedure 2025-32 setting tax year 2026 inflation adjustments under the One, Big, Beautiful Bill Act, updating standard deduction amounts, tax brackets, credits and other indexed provisions. The adjustments include raising the standard deduction for married couples filing jointly to $32,200, single filers to $16,100, heads of households to $24,150 and updating child tax credit, estate exclusion, and adoption credit limits. These changes shape individual and business tax computations starting in 2026.([irs.gov](https://www.irs.gov/newsroom/one-big-beautiful-bill-act-of-2025-provisions?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Treasury, IRS provide penalty relief for remittance transfer providers who fail to deposit excise tax under the One, Big, Beautiful Bill
Notice 2025-55 provides limited relief from failure to deposit penalties under §6656 for remittance transfer providers during the first three quarters of 2026, provided deposits are timely (even if incorrect) and underpayments paid in full by Form 720 due dates. Safe harbor deposit rules remain available for these periods if reasonable cause standard is met.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Government confirms new tax measures to support personal support workers and skilled professionals
Budget 2025 proposes a **refundable tax credit** for personal support workers (PSWs), equal to **5% of eligible income**, up to **$1,100 annually**, for provinces/territories without bilateral wage agreements. Also introduces the Foreign Credential Recognition Action Fund to streamline credential recognition in health and construction sectors. These measures begin in taxation year 2026 and run for five years.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: China
Status requires verification
Labor Dispatch Differential VAT Base Deduction Policy (劳务派遣差额征税政策) under VAT Law
According to VAT Law implementation announcements (财政部 税务总局公告2026年第10号, Article 4.5), firms providing labour dispatch services can deduct wages, social insurance, housing fund, welfare costs paid to dispatched workers from the VAT taxable base (“difference taxation”)—provided the dispatch agency holds a valid labour dispatch permit and relevant branches are properly registered with HR/Social Security authorities.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Status requires verification
Canada’s new government is lowering costs to help Canadians get ahead
This policy introduces Automatic Federal Benefits to pre-fill or automatically file taxes for millions of lower-income Canadians with simple tax situations, and enhances auto-fill features to improve benefit and credit access. It aims to relieve filing burden and ensure eligible individuals receive benefits without needing to actively file returns. Impact is significant for those under reporting thresholds or who miss benefits due to non-filing. The policy takes effect mostly starting with the 2026 tax year, scaling up through 2028. Follow-up actions include updating digital services and consultation. (Canada Revenue Agency / Department of Finance Canada) ([canada.ca](https://www.canada.ca/en/department-finance/news/2025/10/canadas-new-government-is-lowering-costs-to-help-canadians-get-ahead.html?utm_source=openai))
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Global
Status requires verification
Internal Revenue Bulletin: 2025-45 — Inflation Adjusted Items for Tax Year 2026 under OBBBA
Revenue Procedure 2025-32 and Internal Revenue Bulletin 2025-45 set the inflation adjusted items for 2026 reflecting the amendments of the Internal Revenue Code by the One, Big, Beautiful Bill Act. Among the changes are increased standard deductions, child/adoption credits, phase-out thresholds for education loan interest, and updated tax rate brackets. These provisions will impact individual taxpayers, families, and small businesses.
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
IRS releases tax inflation adjustments for tax year 2026, including amendments from the One, Big, Beautiful Bill
IRS published Revenue Procedure 2025-32 with inflation adjustments for over 60 tax provisions for tax year 2026, including increases in the standard deduction, marginal tax rate thresholds, AMT exemption, estate tax exclusion, adoption credit limits, foreign earned income exclusion, and more under the One, Big, Beautiful Bill.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Japan
Status requires verification
退職所得控除における勤続期間等重複排除の特例
令和8年1月1日以後に支払われる老齢一時金以外の退職手当等について、前年以前9年内に老齢一時金を受けていた場合は重複する勤続期間を退職所得控除の計算から除外する特例が設けられた。これにより退職所得控除額の計算が見直される。
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Japan
Status requires verification
申告書の保存期間の延長（老齢一時金に関する申告書）
令和8年1月1日以後に支払う老齢一時金に係る退職所得の受給に関する申告書の保存期間が、従来の7年から10年に延長された。
Editorial impact label: Low
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Other Europe
Status requires verification
New non-taxable threshold for enterprise-paid scholarships in Ukraine
Scholarships from enterprises paid to students, cadets, postgraduates etc. are non-taxable up to UAH 4,660 per month in 2026. Amounts in excess are subject to 18% personal income tax and 5% military levy, withheld by the paying entity.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Government of Canada announces deferral in implementation of change to capital gains inclusion rate
The Canadian government has deferred the increase in the capital gains inclusion rate from one-half to two-thirds, now set to take effect on January 1, 2026. This change applies to capital gains exceeding $250,000 annually for individuals and all capital gains for corporations and most trusts.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Update on the Canada Revenue Agency's administration of the proposed capital gains taxation changes
The Department of Finance announced that, effective January 1, 2026, the capital gains inclusion rate will increase from one-half to two-thirds on capital gains realized in excess of $250,000 annually for individuals, and on all capital gains realized by corporations and most types of trusts. The Canada Revenue Agency will administer the currently enacted inclusion rate of one-half until the new rate takes effect.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Jan 1, 2026
- Verification
- Not recorded
Open cited source
Scope: Canada
Proposed
Changes to the Tax-Free First Home Savings Account
The government has proposed amendments to the Tax-Free First Home Savings Account (TFHSA), allowing Canadians to save up to CAD 40,000 tax-free for their first home purchase, effective January 1, 2026. This is an increase from the previous limit of CAD 35,000.
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
Global Minimum Tax Rate Enactment
A new global minimum tax rate has been enacted to combat tax avoidance and ensure fair taxation across countries, 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
Rev. Proc. 2026-16: Waiver of Foreign Earned Income Exclusion Minimum Time Under OBBB
Revenue Procedure 2026-16 adds Haiti, Ukraine, Democratic Republic of the Congo, South Sudan, Iraq, Lebanon, and Mali to the list of countries for which individuals may qualify for foreign earned income exclusion despite not meeting the bona fide residence or physical presence time tests, due to adverse conditions. This affects certain U.S. citizens or residents abroad for tax year 2025.
Editorial impact label: Medium
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Dec 31, 2025
- Verification
- Not recorded
Open cited source
Scope: United States
Proposed
Notice of Intent to Issue Regulations Under Section 4960
IRS and Treasury announced proposed regulations to clarify the expanded definition of “covered employee” under section 4960 as amended by section 70416 of P.L. 119-21 (the OBBBA). Effective for taxable years beginning after December 31, 2025, all employees (and certain former employees after 2016) may become covered employees. Proposed rules will address which exceptions still apply (limited hours, nonexempt funds), remove others (limited services), and the effective dates. Public comments due beginning until August 4, 2026.
Editorial impact label: High
- Published
- Not recorded
- Policy event
- Not recorded
- Effective
- Dec 31, 2025
- Verification
- Not recorded
Open cited source