Taxes
Colombian government issues decrees to address flood emergency
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The Colombian government issued several decrees under the Economic, Social and Ecological Emergency declared due to floods in eight departments, including a 16% tax on digital bets and an $8.6 trillion addition to the 2026 budget. These measures aim to fund aid for victims and revive the local economy. Critics like Andi and AmCham question their impact on investment.
With just one week left until the March 31 deadline for individual electronic tax returns for the 2025 tax year, Egyptian Tax Authority (ETA) head Rasha Abdel Aal urged taxpayers to submit promptly and utilize expanded free technical support amid the ongoing filing season that began January 1.
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A pilot project in Hesse has met with strong approval: 75 percent of participants accepted the tax return prepared by the tax office. The project involved 6,000 citizens in the Kassel area. Hesse plans to continue it with other states.
A nonpartisan panel discussing a temporary lift on the consumption tax for groceries began on Thursday without two major opposition parties. Prime Minister Sanae Takaichi had hoped to use it to build cross-party consensus on suspending the tax for two years. However, the Centrist Reform Alliance and the Democratic Party for the People decided at the last minute not to attend.
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The former restaurant manager at Kin Long in Malmö, Chien-Chung Wang, faces charges of gross tax evasion after withholding nearly three million kronor from Swish payments. Wang claims in interrogation that he did not touch the money but only set it aside as security for tough times. The scandal was revealed just before Christmas by Sydsvenskan.
The São Paulo Public Prosecutor's Office indicted businessman Sidney Oliveira, owner of Ultrafarma, and six others for a corruption scheme involving undue ICMS reimbursements from 2021 to 2025. The charges, filed on February 5, 2026, estimate losses of R$ 327 million to public coffers. The indictment relies on evidence such as WhatsApp messages and geolocation data.
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In the ongoing campaign for Japan's 2026 Lower House election, Prime Minister Sanae Takaichi has avoided discussing a proposed consumption tax cut and her alleged ties to the Unification Church. Opposition parties are intensifying their criticism, using her silence as a key attack point. As president of the ruling Liberal Democratic Party, Takaichi shows no signs of addressing these issues in the final stretch of the campaign.
Star economist: Swedish billionaires have unreasonable privileges
March 20, 2026 16:51Experts debate corporate tax cut amid fiscal crisis
March 17, 2026 03:19Senate approves emergency powers for Marcos on fuel excise tax
March 06, 2026 17:45Malagón proposes gradual phase-out of 4x1.000 tax over ten years
March 05, 2026 22:16PGM rebound boosts South African economy and treasury
February 19, 2026 11:10Up to one million new tax returns from union contributions
February 14, 2026 10:12Government declares economic emergency due to rains in Colombia
February 13, 2026 07:20Petro clarifies reactivation funds won't come from national budget
February 10, 2026 10:21Chamber approves tax cut for chemical industry
February 05, 2026 18:19Bogotá chamber of commerce and dian sign formalization agreement