Regulatory Analysis
The Polish Ministry of Finance (MoF) has published a technical communication providing additional details on the previously announced technical maintenance break for KSeF 1.0, scheduled for 26-31 January 2026, to allow the completion of the new version of the KSeF 2.0 system implementation. What’s new? The communication informs that the Module of Certificates and Authorizations […]
The Gambian Ministry of Finance and Economic Affairs has published the 2026 Budget Speech, delivered to the National Assembly in December 2025, which includes a proposal to introduce mandatory e-invoicing for VAT and other taxes. The measure is aimed at addressing VAT fraud and under-declaration. The budget requires approval from the National Assembly before the […]
The Polish Ministry of Finance has published a draft regulation proposing an extension of the deadlines for submitting electronic accounting books (JPK_KR_PD) under the Corporate Income Tax (CIT) Act. Who is affected? The proposed extensions apply to taxpayers in the first wave of JPK_KR_PD obligations, which began on 1 January 2025: Tax capital groups (PGK) […]
The IRS has released form W-2 for tax year 2026, which is used for employment-related payments including income, and withholding. A new box has been added to the form. Box 14b is for reporting the “Treasury Tipped Occupation Code,” used to indicate tips and occupation codes qualifying for tax exemption on tips. New box 12 […]
On January 13, 2026, Complementary Law No. 227/2026 was published, formally establishing the Management Committee of the Goods and Services Tax (CGIBS) and regulating key aspects of the governance, administration, and administrative tax litigation framework for IBS under Brazil’s Tax Reform. The new law represents a major structural milestone by moving IBS from a constitutional […]
The Brazilian Federal Government has introduced measures providing for the reduction of tax incentives established under federal tax legislation, with effect from 2026. The changes will impact a broad range of federal taxes and tax regimes, subject to the exceptions set out in complementary legislation. The reduction applies to the following taxes: PIS/Pasep contributions Cofins […]
With important dates approaching for mandatory e-invoicing in Poland, taxpayers should take note of the upcoming KSeF 1.0 production environment maintenance break and the KSeF 2.0 go-live. Taxpayers currently using KSeF 1.0 can only use the production environment until 26 January 2026. A technical maintenance break will occur between 26-31 January 2026, during which the […]
Through Resolution No. 000392-2025/SUNAT, the use of the SIRE is postponed only to taxpayers who meet the following criteria: They are classified as main taxpayers as of December 31, 2024; Their net income for the taxable year 2024 is greater than $3,500,000.00 USD aprox. They are required to keep the Sales and Income Register and […]
Published on: December 23, 2025 On December 23, 2025, the Brazilian Federal Revenue Service (RFB) and the Management Committee of the Goods and Services Tax (CGIBS) published Joint Act RFB/CGIBS No. 1/2025, which governs the application of IBS and CBS during the initial phase of Brazil’s Tax Reform, effective as of January 1, 2026. The […]
The following documents have been updated: Complement Standard Complement Catalogs (XLS) Error matrix Filling instructions This documentation was published on the SAT Internet Portal on Wednesday, December 31, 2025, entering into force on Thursday, January 1, 2026. Portal de Trámites y Servicios del SAT
The IRS added a new webpage explaining that 1099-DA will be excluded from the Combined Federal/State Filing Program for Tax Year 2025. The IRS previously announced this in various other communications, like IRIS working group meetings. The IRS explicitly notes: filers are responsible for meeting state 1099-DA reporting obligations outside of the CF/SF program. See […]
The IRS updated the 2025 Instructions for Form 1099-DA to include a new section, “De minimis rules for certain sales.” The new section provides information on de minimis reporting rules for PDAP (Processor of digital asset payment) sales and optional reporting methods. These rules are not new; the previous version of the instructions omitted them. […]
The New Mexico Taxation and Revenue Department has released new Form TRD-41431 (Workers’ Compensation Fee Return and Employees’ Quarterly Wage and Withholding Report). Effective for reporting periods beginning January 1, 2026, all taxpayers who withhold New Mexico tax from wages, pensions, and annuities are required to file Form TRD-41431. Previously, only employers with more than […]
The French Government has enacted a new exceptional TSA (Taxe de Solidarité Additionnelle) for the fiscal year 2026. This measure was included in Article 13 of the Social Security Budget for 2026, published on 31 December 2025. The new contribution is effective from 1 January 2026, and is levied at a rate of 2.05% on […]
Following the postponement of VERI*FACTU deadlines approved in December 2025, Royal Decree-Law 16/2025 has introduced an extraordinary period for taxpayers to exit voluntary SII (Suministro Inmediato de Información) participation. The measure addresses the situation of businesses that opted into this system specifically to obtain exemption from VERI*FACTU requirements. Background: The VERI*FACTU-SII Connection A key provision […]
The Inland Revenue Board of Malaysia (IRBM) has published e-Invoice Specific Guideline Version 4.6 on 5 January 2026, replacing Version 4.5 issued on 7 December 2025 Changes in Version 4.6 The new version of the Guidelines introduces clarifications to two key areas: Table 3.6 (Removal Clarification): This table lists activities and transactions for which consolidated […]
On 30 December 2025, the Italian Parliament gave final approval to the 2026 Budget Law, which was published in the Official Gazette as Law No. 199 of 30 December 2025. The law entered into force on 1 January 2026 and introduces significant changes affecting insurers writing motor and vessel business in Italy. The Budget Law […]
On 12 December 2025, Tunisia has officially enacted the expansion of its mandatory electronic invoicing (e-invoicing) framework to include all service transactions after being provisioned in its Finance Bill 2026 (Law No. 17 of 2025) which formally brings service provision operations within the scope of the country’s existing e-invoicing mandate. Previous Scope Prior to this […]