On 2 October 2026, DIAN issued Press Release No. 127 announcing a significant expansion of its operational capacity to process VAT refund requests arising from the purchase of hybrid and electric vehicles. According to the entity, the universe of eligible vehicles grew from just 19 units in 2024 to over 1,200 units in 2025, reflecting
Colombia: DIAN Expands Capacity for Hybrid/Electric Vehicle VAT Refunds Read More »
Effective 1 October 2026, Decree 789/2026 formally launched the Régimen de Incentivo a la Minería e Inversiones (RIMI), a companion framework to the existing Régimen de Incentivo para Grandes Inversiones (RIGI) established under Law 27.742. While RIGI targets projects exceeding USD 200 million with 30-year fiscal stability, VAT acceleration, and customs duty exemptions, RIMI extends
Argentina: Argentina RIGI RIMI Tax Incentives for Vaca Muerta SMEs Read More »
In a joint communiqué dated 2 October 2026, the SAT, National Customs Agency of Mexico (ANAM), and the General Administration of Customs Tax Audit (ATDT) announced a deadline extension for submitting the Manifestación de Valor Electrónica (Electronic Value Manifest) to 31 October 2026. This requirement, governed by Articles 59-A and 59-B of the Federal Customs
Mexico: SAT, ANAM, ATDT Extend Electronic Value Manifest Deadline to Oct 31 Read More »
On 2 October 2026, the Internal Revenue Service marked the start of Cybersecurity Awareness Month by issuing a public reminder urging taxpayers, tax professionals, and businesses to implement fundamental security practices to protect sensitive tax and financial data. The advisory emphasizes multi-factor authentication, anti-phishing vigilance, secure software updates, and encrypted data storage as critical defenses
United States: IRS Urges Cybersecurity Action for Tax Data Protection Read More »
On 2 October 2026, the Uruguayan Tax Administration published the updated guidelines for the 9-percentage-point VAT reduction applicable to specific services when paid via electronic means (credit cards, debit cards, electronic money instruments, or analogous methods). This fiscal benefit, established under Law N° 19.210 (Financial Inclusion Law) and regulated by Decree 246/014 and subsequent modifications,
Uruguay: Uruguay Cuts VAT 9 Points for Electronic Payment Services Read More »
On 1 October 2026, the Chilean Internal Revenue Service (SII) convened a working session with tax advisors to discuss the forthcoming circulars and resolutions that will implement the Reconstruction Law. This legislation, enacted in response to recent natural disasters, introduces targeted tax relief measures for affected individuals and businesses. The meeting aimed to ensure that
Chile: SII Meets Tax Advisors on Reconstruction Law Circulars and Resolutions Read More »
On 1 October 2026, the Ministry of Finance and Prices published Resolution 200 in Official Gazette No. 81 Ordinaria dated 1 October 2026. The resolution, signed by the Minister on 29 August 2026, authorizes entities acquiring machinery, food production technologies, and industrial food processing equipment to apply accelerated depreciation and amortization rates for tangible and
Cuba：Cuba Authorizes Accelerated Depreciation for Food Production Machinery Read More »
At the close of September 2026, the DNIT recorded a cash tax collection of G. 3,944,399 million (USD 676.1 million), representing a 3.4% increase compared to September 2025. The absolute growth amounted to G. 127,905 million (USD 21.9 million). This result maintains a positive cumulative trend for the year, despite macroeconomic headwinds such as exchange
Paraguay: DNIT Reports 3.4% Year-on-Year Tax Collection Growth in September Read More »
On 1 October 2026, the Brazilian Federal Revenue Service amended Normative Instruction RFB 2.228/2024, which regulates the Additional CSLL (Pillar Two implementation). The amendment introduces the Globe Simplified Rule for Substance-based Income Exclusion (Regra Simplificadora Globe para Incentivo Fiscal baseado na Substância) and extends the applicability period of the Globe Transition Simplified Rule (Regra Simplificadora
Brazil：Brazil Updates CSLL Additional Legislation with New Simplified Globe Rules Read More »
On 1 October 2026, the Ministry of Finance of Trinidad and Tobago published the National Budget Statement 2027, delivering the government’s fiscal blueprint for the upcoming financial year. The statement, presented by the Minister of Finance, the Honourable Davendranath Tancoo, outlines a comprehensive package of revenue measures, expenditure allocations, and tax administration reforms designed to
Trinidad and Tobago: Trinidad and Tobago Releases 2027 Budget Statement with Tax Reforms Read More »
