Global Indirect Tax News

Featured articles

• European Union: Customs valuation
  The CJEU has permitted the use of statistical values, specifically the lowest acceptable price, for determining customs values as a last resort in limited cases.
• India: Union budget
  On 1 February 2026, the Minister of Finance presented the Union Budget 2026 for the financial year 2026-27, including direct tax and indirect tax proposals.
• Poland: E-invoicing
  On 1 February 2026, the Polish National e-Invoicing System version 2.0 went live. The use of KSeF became mandatory on 1 February 2026 for large taxpayers.
• United States: New tariffs issued
  The Trump administration has issued new tariffs after the Supreme Court ruled against the International Emergency Economic Powers Act tariffs.

Other news

• OECD: IFCMA paper published on spillover effects of climate mitigation policies

• OECD: Carbon pricing database updated, “country notes” on effective carbon rates released

• Global trade: US inks previously announced pacts with El Salvador, Guatemala

• Australia: Inquiry into safeguard measures on imported fabricated steel structures

• Belgium: Court of Cassation rules on criminal liability in customs cases

• Finland: Update on indirect tax developments (September 2025-February 2026)

• Malaysia: Update on service tax matters relevant to rental/leasing and construction services

• Malaysia: Updated service tax guide available on brokerage and underwriting services

• Malaysia: Orders amended to limit vehicle tax exemptions in Langkawi and Labuan

• Mexico: SAT publishes best practices for audit transparency

• Mexico: SAT warns against conditioning CFDI issuance on proof of tax situation

• Mexico: SAT unveils 2026 Master Plan, aiming for record collections, improved taxpayer access

• Philippines: BIR clarifies various VAT provisions relevant to registered business enterprises

• Portugal: Updates on tax measures relating to fuel prices and other indirect tax developments

• Portugal: Tax on petroleum and energy products: Updated rules clarify exemptions in 2026

• United Kingdom: CBAM: Consultation on draft regulations and policy summary

• United States: US imposes tariffs on advanced computing chips

• United States: Trump promotes trade policy in State of the Union address

• United States: State Tax Matters (30 January 2026), including indirect, sales and use tax developments in Illinois, Kentucky, North Carolina, South Carolina and Texas

• United States: State Tax Matters (6 February 2026), including indirect, sales and use tax developments in Rhode Island and Wisconsin

• United States: State Tax Matters (13 February 2026), including indirect, sales and use tax developments in Alabama, Illinois and New York

• United States: State Tax Matters (20 February 2026), including indirect, sales and use tax developments in Alabama and Texas

• United States: State Tax Matters (27 February 2026), including indirect, sales and use tax developments in Alabama, Louisiana and Maryland.

• Vietnam: Summary of recent key tax legislative developments, January 2026

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