Tax News Daily
The latest tax news from around the world, summarised and tagged for tax professionals. Updated twice daily.
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GSTN Releases FAQs on Upcoming E-Way Bill Changes
India's Goods and Services Tax Network (GSTN) has published a set of FAQs addressing upcoming changes to the E-Way Bill system, which is used for tracking the movement of goods above a specified value threshold. The FAQs aim to clarify procedural updates, compliance timelines, and technical requirements for taxpayers and logistics operators. E-Way Bills are a critical component of India's GST enforcement and anti-evasion framework. The guidance helps businesses prepare for system changes and avoid penalties associated with non-compliant transportation of goods under the GST regime.
Georgia Announces Q3 2026 VAT Deadlines for Nonresident Digital Service Providers
Georgia has announced the Q3 2026 VAT filing and payment deadlines applicable to nonresident digital service providers supplying customers in the country. Under Georgia's VAT rules for the digital economy, foreign providers of electronic and digital services to Georgian consumers are required to register and remit VAT. The deadline announcement ensures nonresident businesses can plan compliance obligations accordingly. This reflects the broader global trend of extending VAT obligations to cross-border digital services, aligning Georgia with international standards adopted by OECD member states and other emerging economies targeting the digital services sector.
Soft Drinks Industry Levy returns and records (notice 2)
HMRC guidance (Notice 2) on how businesses liable for the UK Soft Drinks Industry Levy (SDIL) must submit returns and maintain records. The SDIL is a tax on producers and importers of soft drinks containing added sugar above specified thresholds, introduced in 2018. The notice covers return filing deadlines, payment procedures, record-keeping requirements, and how to correct errors. This is sector-specific excise-style tax compliance guidance relevant to soft drink manufacturers, importers, and packagers operating in the UK market.
GST Return Default: Calcutta HC Orders Restoration of GSTIN to Protect Livelihood
The Calcutta High Court ordered the restoration of a taxpayer's GST Identification Number (GSTIN) after it was cancelled due to non-filing of GST returns. The court ruled that cancellation of GSTIN directly impacts the taxpayer's ability to conduct business and earn a livelihood, warranting judicial intervention. The judgment emphasizes that tax authorities must balance compliance enforcement with the constitutional right to carry on trade. The case highlights procedural safeguards available to taxpayers facing punitive GST registration cancellations and sets a precedent for restoration where livelihood concerns are demonstrably at stake.
Find out what types of Authorised Economic Operator status you can apply for
This UK government guidance explains the types of Authorised Economic Operator (AEO) status available for businesses to apply for, covering customs simplifications and security/safety certifications. AEO status, administered by HMRC, provides traders with facilitated customs procedures and is relevant to businesses engaged in international trade seeking to streamline customs compliance. The certification demonstrates a company's reliability in customs operations, potentially reducing inspections and expediting clearance. This is directly relevant to UK customs and trade compliance for importers and exporters operating under the Customs Declaration Service framework.
Guidance: Data Element 2/3: Documents and Other Reference Codes (Union) of the Customs Declaration Service (CDS)
This UK government technical guidance covers Data Element 2/3 of the Customs Declaration Service (CDS), specifically addressing documents and other reference codes of Union (EU) origin required in customs declarations. It provides detailed reference information for traders and agents submitting import/export declarations, ensuring correct documentation codes are used within CDS submissions. This is a practical compliance resource for businesses navigating post-Brexit customs declaration requirements, directly impacting how importers and exporters interact with HMRC's customs systems and fulfil their legal obligations under UK trade regulations.
Introducing the 2026 Netherlands VAT Guide
A 2026 Netherlands VAT Guide has been introduced, providing comprehensive guidance on VAT compliance requirements in the Netherlands. The guide covers key aspects of Dutch VAT regulations, registration obligations, reporting requirements, and compliance procedures relevant for businesses operating in or trading with the Netherlands. It serves as a practical reference for companies navigating the Dutch VAT landscape in 2026, addressing updates and changes to local VAT rules. The resource is aimed at helping businesses and tax professionals ensure full compliance with Netherlands VAT obligations in the coming year.
CBDT Condones Delay in Filing Form 10AB for 80G Approval Renewal
India's Central Board of Direct Taxes (CBDT) has issued a condonation order allowing taxpayers to file Form 10AB beyond the prescribed deadline for renewal of 80G approval, which grants income tax exemption status to charitable and religious organizations. The relief addresses situations where trusts and institutions missed filing deadlines, potentially losing their tax-exempt status. CBDT's condonation prevents undue hardship on qualifying non-profit entities by restoring their eligibility to receive tax-deductible donations. This administrative relief underscores the board's discretionary powers to waive procedural delays in genuine cases.
Botswana VAT on Digital Services: Tax Guide for Non-Resident Providers
Botswana is introducing VAT obligations on digital services supplied by non-resident providers, effective 2026. The guide outlines the key requirements for foreign businesses selling digital services into Botswana, including registration thresholds, compliance obligations, and the scope of taxable digital services. Non-resident providers will need to register for VAT, charge the applicable rate on supplies to Botswana-based customers, and file returns with the Botswana Unified Revenue Service. This follows a broader global trend of jurisdictions extending VAT rules to cross-border digital services to ensure a level playing field between domestic and foreign suppliers.
European Union: Budget talks continue as new EU taxes face revision
European Union budget negotiations are ongoing as proposed new EU-level taxes face significant revision. Discussions involve potential EU own-resource revenue measures, with member states debating the scope and structure of new tax instruments intended to fund the EU budget. Proposals under consideration are being revised amid political resistance and differing national interests. The talks reflect broader EU fiscal policy challenges, including balancing budgetary needs with member state sovereignty over taxation. The outcome will shape the EU's financial framework and the extent to which new tax mechanisms are introduced at the supranational level.
OECD Proposes Amendments to Digital Platform Reporting Rules for the Gig Economy and E-Commerce
The OECD has proposed amendments to its Model Rules for digital platform reporting, targeting gig economy and e-commerce platforms. The proposed changes aim to refine and expand the scope of reporting obligations for platforms facilitating services and goods sales, improving tax transparency and information exchange between tax authorities. Updates address definitions, due diligence procedures, and reporting timelines to close gaps identified since the original rules were introduced. The amendments are intended to strengthen cross-border tax compliance and reduce underreporting of income earned through digital platforms, with implications for both platform operators and the sellers using them globally.
Faulty tax calculations cost FBR Rs118b in super tax: Audit Report
Pakistan's Federal Board of Revenue (FBR) suffered a loss of Rs118 billion in super tax revenue due to faulty tax calculations, according to an audit report. The errors highlight significant administrative and computational failures within FBR's tax assessment processes. The super tax, levied on large corporations and high-income entities, was miscalculated, resulting in substantial revenue shortfalls. The audit findings raise concerns about FBR's capacity to accurately assess and collect taxes, pointing to systemic issues in Pakistan's tax administration that require urgent remediation to prevent further revenue leakage.
Inside the numbers: Pakistan hits 8.2 million active taxpayers
Pakistan has reached a milestone of 8.2 million active taxpayers, reflecting efforts by the Federal Board of Revenue (FBR) to broaden the country's tax base. The figure represents growth in tax registration and compliance, driven by government initiatives to bring more individuals and businesses into the formal tax net. Despite this progress, Pakistan's taxpayer-to-population ratio remains relatively low, underscoring ongoing challenges in tax compliance and enforcement. Analysts note that expanding the active taxpayer base is critical to improving Pakistan's tax-to-GDP ratio and reducing reliance on indirect taxes and external borrowing.
After Newsom Couldn’t Stop It, California Braces for Billionaire Tax Brawl
California is preparing for a major political and legislative battle over a proposed 'billionaire tax' after Governor Gavin Newsom failed to prevent the measure from advancing. The initiative targets ultra-high-net-worth individuals in California, potentially imposing new wealth-based taxes on unrealized gains or assets. The fight reflects broader national debates over taxing the wealthy and marks a significant development in state-level personal income tax policy. Proponents argue it addresses inequality, while opponents warn of capital flight and constitutional challenges. The outcome could set a precedent for similar wealth tax measures in other U.S. states.
Introducing the 2026 Spain VAT Guide
A 2026 Spain VAT Guide has been introduced by Global VAT Compliance, providing comprehensive guidance on Spain's VAT framework. The guide covers key aspects of Spanish VAT compliance requirements, rates, registration obligations, and regulatory updates relevant for businesses operating in or trading with Spain. It serves as a practical resource for companies navigating Spain's VAT landscape in 2026, addressing compliance considerations for both domestic and international businesses subject to Spanish VAT rules.
Petition Summary: Glyphosate from the People’s Republic of China
A petition has been filed regarding glyphosate imports from the People's Republic of China, likely seeking antidumping or countervailing duty investigations. Such petitions typically allege that foreign producers are selling goods at unfairly low prices or benefiting from government subsidies, causing material injury to domestic producers. The outcome could result in the imposition of additional customs duties or trade remedies on Chinese glyphosate entering the domestic market, directly affecting import costs, supply chains, and pricing for agricultural chemical buyers and sellers engaged in cross-border trade.
Legal Scholarship Network Publishes New Issue of Tax Law & Policy eJournal
The Legal Scholarship Network has published a new issue of the Tax Law & Policy eJournal, featuring academic articles and legal scholarship focused on tax law and policy developments. The journal serves as a platform for tax law professors and researchers to disseminate their work across the legal academic community. This publication covers a range of tax-related topics relevant to practitioners, policymakers, and scholars, contributing to ongoing discourse in tax law and policy reform.
Impuestos sobre servicios digitales y su aplicabilidad a Latinoamérica
This article from CIAT examines digital services taxes (DSTs) and their applicability across Latin America. It explores how countries in the region are approaching taxation of digital economy players, including streaming platforms, e-commerce, and other digital service providers. The analysis covers various DST models adopted or considered by Latin American nations, addressing challenges such as determining the taxable nexus, defining digital services scope, and ensuring compliance by foreign providers. The piece also considers how these measures interact with broader international tax frameworks, including OECD initiatives, and their implications for tax policy development in the region.
Is Sales Tax the New Healthcare Lifeline? How Counties Are Using Sales Tax to Save Hospitals
Counties across the United States are increasingly turning to sales tax measures as a funding mechanism to support struggling hospitals and healthcare systems. As rural and public hospitals face financial pressures, local governments are proposing and passing dedicated sales tax levies to sustain emergency rooms and broader healthcare infrastructure. This trend highlights the growing role of sales tax not just as a general revenue tool but as a targeted instrument for funding essential public services. The article examines how these healthcare-focused sales tax measures are structured, voter approval processes, and their effectiveness in preserving hospital operations.
Breaking Down The Vote: The High Court Term In Review
A review of the U.S. Supreme Court term examining key rulings with tax implications. The High Court's decisions this term touched on significant tax-related cases, including administrative law rulings that affect how tax regulations are challenged and interpreted. The breakdown analyzes how justices voted across major cases, with particular attention to decisions impacting IRS authority, taxpayer rights, and the broader regulatory framework governing federal tax administration. The review provides insight into emerging judicial trends that will shape future tax litigation and the deference courts give to agency interpretations of tax law.
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