Americas

United States: IRS Expands Secure Business Tax Account Features

The Internal Revenue Service (IRS) announced on August 6, 2026 that the Business Tax Account (BTA) will roll out additional features designed to improve security and convenience for eligible businesses. The updates include enhanced digital notice delivery, streamlined payment processing, and broader online account management capabilities, building on the BTA’s existing infrastructure that supports secure

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Trinidad and Tobago: Strengthening Banking Partnerships for Economic Growth

The Ministry of Finance unveiled on 6 August 2026 a strategic programme designed to deepen cooperation between the banking sector and the government, with the objective of accelerating economic diversification, fostering private‑sector investment, and reinforcing fiscal resilience. The initiative seeks to align commercial banking strategies with national development priorities, leveraging the sector’s capital base to

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Curaçao: Curaçao Launches Digital Tax Handbook for New Entrepreneurs

Effective 6 August 2026, the Curaçao Tax Administration introduced its inaugural digital handbook, “The Basis of Successful Entrepreneurship – Strong Start, Ready for Growth,” specifically designed for new and aspiring business owners. This publication addresses a critical compliance gap by consolidating practical guidance on entity registration, tax identification (CRIB number), and the full suite of

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Chile: SII and CNC Launch Platform to Report Irregular Business Operations

On 6 August 2026, the SII and the National Chamber of Commerce (CNC) jointly launched a citizen reporting platform (denuncias.sii.cl) to combat informal and illegal commercial activities. The tool allows any person to anonymously report businesses operating without municipal patents, issuing false invoices, or evading VAT. Reports are automatically routed to the SII’s fiscalization units

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Bolivia: Anti‑Smuggling Drive Bolstered by Guidance on Fake Invoices in Uyuni

Key Takeaways On 2026/08/05, Bolivia’s Tax Authority announced an intensified anti‑smuggling campaign, accompanied by detailed guidance on detecting and rejecting fraudulent invoices during the upcoming Uyuni informational fair. The initiative aims to curb the circulation of falsified trade documents that undermine revenue collection and fair competition. Business Impact: Companies engaged in cross‑border trade must review

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Bolivia: Digital Security Boost for Taxpayers with Dual Authentication

Key Takeaways Effective 2026/08/05, Bolivia’s Tax Authority rolled out a dual‑factor authentication system for digital tax transactions, aiming to reinforce the security of taxpayer portals and protect sensitive fiscal data. The new protocol requires users to verify identity through two independent credentials, significantly reducing the risk of unauthorized access and fraud. Business Impact: Taxpayers must

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Paraguay: Finance Minister Dialogues on Public Accounts and Economic Outlook with Business Leaders

As of 2026/08/05, the Minister of Economy and Finance engaged members of the Asociación de Empresarios Cristianos (ADEC) in a constructive dialogue concerning the current state of public accounts and the economic outlook for Paraguay. The discussion covered key fiscal indicators, projected revenue trends, and the government’s medium‑term fiscal strategy. Participants exchanged perspectives on the

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United States: Treasury and IRS Issue Guidance on Permanent Paid Family Leave

On August 5, 2026, the Department of the Treasury and the Internal Revenue Service (IRS) issued Notice 2026-28 providing guidance on the permanent expansion of the paid family and medical leave credit under the Working Families Tax Cuts (WFTC). The notice explains that eligible employers may claim a credit equal to a percentage of wages

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Jamaica: Jamaica TAJ Phases Out Cheque Payments Following BOJ Directive

On 5 August 2026, Tax Administration Jamaica (TAJ) announced a phased discontinuation of cheque acceptance and issuance, marking a decisive milestone in the administration’s payment modernization roadmap. The policy, effective immediately for all new tax payments and refunds, requires taxpayers to migrate to electronic payment channels—including TAJ’s Direct Banking platform (integrated with all major commercial

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Ecuador: Ecuador Sales Surpass $25.6B in July, Grow 16.7% Under Noboa

On 5 August 2026, the SRI reported that total sales declared by taxpayers in July 2026 reached USD 25.6 billion, representing a 16.7% increase compared to July 2025. The growth is attributed to government economic policies under President Daniel Noboa, including tax incentives for formalization and increased enforcement against tax evasion. The data reflects robust

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