For a full summary of global tax developments, visit kpmg.com/TaxNewsFlash.
To contact the International Tax Team email internationaltax@kpmg.com.
To register for the International Tax webcasts, click here.
Anguilla
Anguilla | |||
Tax legislation approved and regulatory update | Indirect tax | 30 June 2026 | Fuel tax relief package in response to rising global fuel prices. Read more |
Bermuda
Bermuda | |||
Tax legislation approved and regulatory update | Tax compliance | 04 June 2026 | Further updates to Common Reporting Standard (CRS) Independence Compliance Review Guidelines. Read more |
Canada
Canada | |||
Tax legislation approved and regulatory update | Tax compliance | 29 June 2026 | Extension of withholding tax relief for taxpayers reimbursing nonresident subcontractors. Read more |
Proposed legislation | Trade and Customs | 16 June 2026 | Temporary tariff remissions extended to 2027. Read more |
Tax legislation approved and regulatory update | Indirect tax | 16 June 2026 | Enforcement of trailing commission goods and services tax/harmonized sales tax (GST/HST) extended to 2028. Read more |
Proposed legislation | Various tax topics | 02 June 2026 | Proposed sales tax relief on food items and hygiene products (Quebec). Read more |
Cayman Islands
Cayman Islands | |||
Tax legislation approved and regulatory update | Tax compliance | 24 June 2026 | Industry advisory on Common Reporting Standard (CRS) filing deadline, portal closure, and transition to XML schema v3.0. Read more |
Tax legislation approved and regulatory update | Tax compliance | 04 June 2026 | Common Reporting Standard (CRS) 2.0 self-certification forms. Read more |
Chile
Chile | |||
Tax legislation approved and regulatory update | Various tax topics | 29 June 2026 | Foreign online betting platforms subject to value added tax (VAT), other tax developments. Read more |
Proposed legislation | Various tax topics | 11 June 2026 | Draft reconstruction bill proposes changes to investment, housing, and wealth taxes. Read more |
Colombia
Colombia | |||
Administrative and case law | Income tax | 05 June 2026 | Tax Supreme Court lifts suspension, reinstates withholding tax rates. Read more |
Costa Rica
Costa Rica | |||
KPMG Publications | Various tax topics | 22 June 2026 | Tax developments in Costa Rica, Panama, Dominican Republic, and Honduras. Read more |
Dominican Republic
Dominican Republic | |||
Tax legislation approved and regulatory update | Tax compliance | 12 June 2026 | Extension of e-invoicing deadline and updated license lists for alcohol and tobacco. Read more |
El Salvador
El Salvador | |||
Tax legislation approved and regulatory update | Various tax topics | 29 June 2026 | Extension of tax incentives for sport and cultural tourism. Read more |
Tax legislation approved and regulatory update | Income tax | 18 June 2026 | Withholding tax on income derived by nonresidents from securities traded on Salvadorean stock exchange repealed. Read more |
Montserrat
Montserrat | |||
Tax legislation approved and regulatory update | Income tax | 29 June 2026 | 2026-2027 budget includes no new taxes. Read more |
Panama
Panama | |||
Tax legislation approved and regulatory update | Income tax | 10 June 2026 | New economic substance law for foreign-source passive income. Read more |
Saint Lucia
Saint Lucia | |||
Tax legislation approved and regulatory update | Tax compliance | 22 June 2026 | Updated CRS 2.0 guidance. Read more |
Saint Vincent and the Grenadines
Saint Vincent and the Grenadines | |||
Tax legislation approved and regulatory update | Trade and Customs | 29 June 2026 | Decoupling domestic taxation from freight markets, eliminating gas levy. Read more |
Virgin Islands (British)
Virgin Islands (British) | |||
Tax legislation approved and regulatory update | Tax compliance | 01 June 2026 | Updated Common Reporting Standard (CRS) 2.0 guidance. Read more |
