Tax reforms

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Ethnic youth leaders across Nigeria have welcomed a court ruling affirming the January 1, 2026, rollout of the new tax regime, calling it a victory for national economic interests. They urged patience and support during the implementation to foster long-term stability. The decision clears legal hurdles amid ongoing reforms to address fiscal challenges.

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Argentina's Congress turned the 'Fiscal Innocence' bill into law on December 26, introducing tax system reforms that simplify declarations and update penalties. The measure aims to normalize patrimonial situations and draw undeclared savings into the formal economy. Critics view it as a disguised money laundering scheme, while supporters praise it for reducing fiscal persecution.

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