Agentic Global Tax
AGENTIC GLOBAL TAX Tax Intelligence Powered by AI
FREE SUBSCRIBE

Americas

Barbados: Barbados Tax Authority Publishes Approved Rental Car List

Barbados /

On 15 October 2026, the Barbados Revenue Authority (BRA) published a Policy Note officially designating the list of approved rental car companies for the purposes of accessing targeted tax incentives under the Tourism Development Act (Cap. 341) and the Income Tax Act (Cap. 73). This policy note, referenced as PN-2026-04, provides definitive guidance to the

Barbados: Barbados Tax Authority Publishes Approved Rental Car List Read More »

Colombia: Colombia Court Upholds Presumed Cost Method for Independent Workers’ Tax Base

Colombia /

On 15 October 2026, the Council of State (Consejo de Estado) rendered Sentence 28581 of 2026, dismissing nullity challenges against Decree 1601 of 2022 and affirming the validity of the presumed cost percentage system for determining the net income reference used to calculate the contribution base for independent workers’ social security obligations. The high court

Colombia: Colombia Court Upholds Presumed Cost Method for Independent Workers’ Tax Base Read More »

Colombia: Bogotá Enacts Tax Reform with Incentives and Revised ICA Rates via Agreement 1084

Colombia /

On 14 October 2026, the Bogotá City Council enacted Agreement 1084 of 2026, denominated the “Agreement for a Smart City,” ushering in a comprehensive district tax reform effective upon publication. The package introduces targeted tax incentives for investment and job creation, including ICA (Industry and Commerce Tax) deductions for companies generating net new formal employment

Colombia: Bogotá Enacts Tax Reform with Incentives and Revised ICA Rates via Agreement 1084 Read More »

United States: IRS Waives Penalty for Dyed Diesel Highway Use Under Executive Order

United States /

On October 14, 2026, the Internal Revenue Service announced penalty relief for the sale or use of dyed diesel fuel on highways nationwide, effective immediately. This action follows President Trump’s Executive Order dated October 5, 2026, titled “Emergency Tax Relief on Diesel Fuel.” Dyed diesel fuel, typically reserved for off-road use (e.g., agriculture, construction) and

United States: IRS Waives Penalty for Dyed Diesel Highway Use Under Executive Order Read More »

United States: Treasury and IRS Propose Regulations for Premium Tax Credit Reforms

United States /

On October 14, 2026, the U.S. Department of the Treasury and the Internal Revenue Service released proposed regulations to implement reforms to the Premium Tax Credit (PTC) as part of the Working Families Tax Cuts agenda. The PTC is a refundable tax credit that assists eligible low- and middle-income taxpayers in affording health insurance purchased

United States: Treasury and IRS Propose Regulations for Premium Tax Credit Reforms Read More »

United States: IRS Reminds Extension Filers: 2025 Tax Deadline Is October 15

United States /

As of October 15, 2026, the Internal Revenue Service (IRS) has issued a final reminder to taxpayers who requested a six-month extension to file their 2025 federal income tax returns. The extended filing deadline falls on October 15, 2026, and the IRS urges all remaining extension filers to submit their returns electronically to avoid late-filing

United States: IRS Reminds Extension Filers: 2025 Tax Deadline Is October 15 Read More »

Peru: Peru SUNAT Reports SIRE Electronic Records System Intermittency

Peru /

On 14 October 2026, Peru’s National Superintendency of Customs and Tax Administration (SUNAT) issued an advisory informing taxpayers of ongoing intermittency in the Integrated Electronic Records System (SIRE). SIRE is a critical platform for electronic invoicing and record-keeping mandated under Peruvian tax legislation, including Legislative Decree 1129 and SUNAT Resolution 098-2020/SUNAT. The disruption affects the

Peru: Peru SUNAT Reports SIRE Electronic Records System Intermittency Read More »

Colombia: Manual Released for Works-for-Taxes Reconstruction Mechanism

Colombia /

On 14 October 2026, the Territorial Renewal Agency (ART) and the National Planning Department (DNP) presented the Operational Manual for Works for Taxes for Reconstruction. This mechanism, created by Legislative Decree 1389 of 2026, allows certain income taxpayers to execute public infrastructure projects in conflict-affected territories in exchange for tax credits. The manual establishes the

Colombia: Manual Released for Works-for-Taxes Reconstruction Mechanism Read More »

Mexico: Mexico SAT Launches El Buen Fin 2026 Tax Lottery for E-Invoicing

Mexico /

As of 14 October 2026, Mexico’s Tax Administration Service (SAT) has officially launched the El Buen Fin 2026 Tax Lottery, a flagship incentive program designed to promote electronic invoicing (CFDI) compliance among consumers and businesses during the annual El Buen Fin shopping season. The initiative, published on the SAT’s official portal, outlines the participation rules,

Mexico: Mexico SAT Launches El Buen Fin 2026 Tax Lottery for E-Invoicing Read More »

Trinidad and Tobago: Trinidad Budget Process: Post-Speech Legislative Steps Explained

Trinidad and Tobago /

Published on 14 October 2026, the article “Beyond the Budget Speech: What Happens Next?” by the Ministry of Finance Communications Unit demystifies the legislative journey of the National Budget Statement 2027 into law. Following the budget presentation on 12 October, the Appropriation Bill 2027 and accompanying Finance Bill (containing tax amendments) must pass through several

Trinidad and Tobago: Trinidad Budget Process: Post-Speech Legislative Steps Explained Read More »

Subscribe
Subscribe