Americas

Library & Tax Administration Hosted Second Annual Workshop

The Library of the Sint Maarten Tax Administration, in collaboration with the Tax Administration itself, organized a second annual workshop aimed at enhancing public understanding of fiscal processes and resources available to citizens. The event featured interactive sessions on accessing tax forms, interpreting tax notices, and utilizing online services for efficient tax management. Experts from

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2025 Profit Tax Return Deadline June 30, 2026

The Tax Administration issued a reminder that the deadline for submitting the 2025 Profit Tax Return is June 30, 2026. Taxpayers are urged to file their returns electronically via the Online Services portal to avoid processing delays. The announcement outlines the required documentation, including financial statements, profit calculations, and supporting schedules. Late submissions will incur

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Tax Administration Welcomes Five BOPP Students

The Sint Maarten Tax Administration announced the welcoming of five Business Office of the Public Prosecutor (BOPP) students who will undertake a structured internship program within the tax department. The initiative aims to provide practical exposure to tax regulations, compliance processes, and revenue collection strategies. Over the course of the internship, the students will participate

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Treasury, IRS issue final regulations naming certain charitable remainder annuity trust transactions as listed transactions

IR-2026-82, July 8, 2026 — The Department of the Treasury and the Internal Revenue Service today issued final regulations identifying certain arrangements purporting to be Charitable Remainder Annuity Trusts as listed transactions. https://www.irs.gov/newsroom/treasury-irs-issue-final-regulations-naming-certain-charitable-remainder-annuity-trust-transactions-as-listed-transactions

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IRS simplifies penalty relief, introduces automatic process for eligible taxpayers

IR-2026-83, July 8, 2026 — The Internal Revenue Service today announced a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time, reducing the need for them to request assistance. https://www.irs.gov/newsroom/irs-simplifies-penalty-relief-introduces-automatic-process-for-eligible-taxpayers

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MEF awards Treasury bonds with demand exceeding twice the placed amount

On July 7, 2026, the Ministry of Economy and Finance (MEF) announced the results of a 12‑month Treasury bill auction that attracted strong investor interest. Total demand reached USD 297.07 million, more than double the amount actually placed, reflecting robust confidence in Panama’s sovereign debt. The auction placed USD 179.65 million of securities at a price of

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IRS, Security Summit launch summer series to help tax pros protect clients from identity theft

IR-2026-81, July 7, 2026 — The IRS and Security Summit partners today launched the summer “Protect Your Clients; Protect Yourself” campaign, a five-week series highlighting practical steps tax professionals can take to protect client data, their businesses, and themselves from evolving tax-related identity theft threats. https://www.irs.gov/newsroom/irs-security-summit-launch-summer-series-to-help-tax-pros-protect-clients-from-identity-theft

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Procurement Notice: Provision of Financial Advisory Services to the Ministry of Finance

The Ministry of Finance of the Republic of Trinidad and Tobago has issued a public procurement notice seeking qualified financial advisory firms to provide advisory services that will support the Ministry’s strategic initiatives, budgetary processes, and policy development. The scope of work includes financial modelling, risk assessment, strategic planning, capacity‑building, and advice on debt management,

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Issuers who have withdrawn from the Electronic Tax Receipt (CFE) system

On 2 July 2026, the Dirección General Impositiva announced that several entities have been removed from the regime of Electronic Fiscal Receipts (CFE). The removal was carried out after a thorough verification that these organisations lack genuine economic activity and are, in fact, front companies often used for illicit purposes. The announcement details the legal

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