Regulatory Analysis
Malaysia’s Inland Revenue Board (HASiL) has announced an extension of the transition period for the last group of taxpayers to comply with the Malaysian e-invoicing requirements — those with annual turnover between RM 1 million and RM 5 million — from 12 months to 24 months. The extended window runs from 1 January 2026 to […]
The authority through RNC Notice: 401-50625-4 exceptionally extends the deadline for the implementation of electronic invoicing to taxpayers identified as Small, Micro and unclassified to November 15, 2026. More info here.
The UAE Ministry of Finance has announced an amendment to Ministerial Decision No. 244 of 2025, extending the deadline for businesses subject to Phase 1 of the UAE e-invoicing mandate to appoint an Accredited Service Provider (ASP). What has changed? Businesses with annual revenues of AED 50 million or above — the first group of […]
Qatar’s Cabinet has approved a draft e-invoicing law and its executive regulations, developed by the Ministry of Finance in coordination with the General Tax Authority (GTA). The law establishes the legal framework for the issuance of electronic invoices and notices, with stated objectives of enhancing transparency, advancing digital transformation, and building reliable databases for regulatory […]
Effective July 1, 2026, 56 municipalities and 3 counties in Illinois will begin imposing the 1% grocery tax. This follows the more than 600 localities that began imposing the grocery tax on January 1, 2026. More information can be found here.
The Puerto Rico Internal Revenue Code provides for a periodic sales tax holiday for certain hurricane preparedness items. Historically, the holiday occurs during the last weekend in May. However, pursuant to Circular Letter No. 26-08, issued on May 1, the dates for the holiday period this year will be May 22, 2026 – May 25, 2026.
The IRS has released the instructions for form 1099-DA for tax year 2026. These instructions are notable as 2025 was a transitional year for reporting this form, and the 2026 instructions are intended to be final instructions for the form. Form 1099-DA reports the sale of digital assets, including cryptocurrency and NFT sales. Such sales […]
The IRS has updated Form 941 (Employer’s Quarterly Federal Tax Return) and Form 941-X (Adjusted Employer’s Quarterly Federal Tax Return or Claim for Refund), along with their respective Instructions, for 2026. These forms are used by employers to report quarterly wages, taxes withheld, and social security and Medicare obligations, and to correct errors on previously […]
Greece has postponed Phase B of its e-transport mandate (digital monitoring of goods movement) for the second time. Originally scheduled to become mandatory from 1 December 2025, Phase B was first delayed to 1 May 2026, and then postponed again just days before that go-live date. The change was formally enacted via MD A.1094/2026, which […]
The City of Chignik has completed the process to join the Alaska Remote Sellers Sales Tax Commission (ARSSTC). Sellers must begin collection on 6/1/2026 and forms for filing will be updated to include Chignik on 7/1/2026.
Colorado imposes a retail delivery fee on all deliveries by motor vehicle in the state with at least one item of tangible personal property subject to state sales or use tax in the order. The fee amount may be adjusted for inflation each year. For the period of July 2026 to June 2027, the total […]
The IRS has released final rules in the federal register for reporting of tips made tax-exempt by 2025’s One Big Beautiful Bill. These rules provide direction on what tip compensation qualifies for the exemption and how to report the compensation to payees. Briefly, tip compensation is subject to the exemption if it is paid for […]
The IRS has released draft regulations implementing the information reporting threshold changes under the One Big Beautiful Bill Act (OBBBA). The OBBBA raised the general reporting threshold for Forms 1099-MISC, 1099-NEC, W-2, and W-2G from $600 to $2,000, effective for payments made after December 31, 2025, with annual inflation adjustments beginning in 2027. The draft […]
On April 30, 2026, Brazil published the core regulations governing the IBS and the CBS through CGIBS Resolution No. 6/2026, Decree No. 12,955/2026, and Joint Ordinance MF/CGIBS No. 7/2026. These instruments establish the foundational operational rules for the new taxes and further detail their implementation within the broader framework of Brazil’s Tax Reform. Of particular […]
As of April 24, 2026, all fuel and diesel sales transactions must include a special complement in their electronic invoices (CFDI). This complement is called the Concept Complement for the Invoicing of Hydrocarbons and Petroleum Products. What do I need to do? Add the complement to your invoice. Every CFDI you issue for the sale […]
Colorado imposes a Daily Vehicle Rental Fee on motor vehicle rentals 30 days or less and certain car sharing rentals. The rate may adjust for inflation each year. For the period of July 2026 to June 2027, the fee amount will increase to $5.34 from $5.57. Further information concerning the fee may be found here.
South African Revenue Service (SARS) has enacted the Tax Administration Laws Amendment Act, 2026 (Act No. 4 of 2026), published on 1 April 2026 in Government Gazette No. 54447, introducing a formal legal foundation for e-invoicing and e-reporting under the Value-Added Tax Act No. 89 of 1991, but without making this mandatory (at this stage). […]
On 17 April 2026, the Spanish Tax Authority (AEAT) published for public consultation the draft Ministerial Order regulating the AEAT-operated public e-invoicing solution. The consultation period closes on 8 May 2026. The Order, once finalised and published in the Official State Gazette (BOE), is planned to enter into force on 1 October 2026, at which […]