Global Scans · Tax · Weekly Summary

• [New] Because many of the leading AI developers are themselves American firms, policymakers weighing an AI tax would need to consider whether other countries might respond in kind. Bipartisan Policy Center
• [New] Labour could use a gas tax to tick many boxes: budget repair and fairness and providing a clear signal that the needs of Australians come first. The Sydney Morning Herald
• [New] A structured internal review reduces operational disruption and supports ongoing compliance with UAE tax obligations. ripplellc.ae
• [New] Facing a sudden slide in public support, Japanese Prime Minister Sanae Takaichi is pushing forward with a high-stakes economic gamble - temporarily slashing the food consumption tax, a popular move that could prove politically costly down the road. ST
• Friday's deal will net $209bn in taxes for Venezuela, plus $100bn in investments. Al Jazeera
• In July, Japan increased its international tourist tax, external - typically incorporated into flight and boat tickets for people leaving Japan - from 1,000 yen to 3,000 yen, which it says will be spent on things like improving public transport and restoring historic sites. BBC News
• Illinois will waive and not seek to collect interest and penalties from taxpayers who pay all outstanding tax liabilities during the amnesty period. Plante Moran
• Australia's monthly CPI is expected to slow further to 3.5% y/y from 3.8%, but the ending of fuel tax rebates points to a substantial upside risk, with core Trimmed Mean seen unchanged at 3.6%, and per se reinforcing the RBA's current tightening bias. ADMISI
• M4A would shift tens of trillions of dollars of health spending onto the federal budget, producing a $47.410 trillion federal financing requirement over 2027-2036 before new taxes and leaving a substantial financing gap even after a broad package of proposed taxes. AAF
• A well-designed hybrid GST-SST model could offer a uniquely Malaysian solution: one that combines the transparency and efficiency of GST with the practicality and simplicity of SST, while harnessing the transformative potential of e-Invoicing and digital tax administration. The Star
• Malaysia could retain SST structures for certain sectors where they continue to operate effectively, while introducing GST-like credit mechanisms for specific transactions or industries where tax cascading presents a material challenge. The Star
• FTA registered tax agents integrate tech to enhance precision and speed, aligning with Vision 2031's smart governance push. / UAE Tulpar Global Taxation
• President Trump's import taxes will hit about 5% of what Canada ships to the United States every year, on products from hockey sticks to tongue depressors. Los Angeles Times
• The import taxes will hit roughly 5% of Canada's exports to the U.S., targeting everyday items including hockey sticks and tongue depressors and adding pressure to consumers already squeezed by high prices. Los Angeles Times
• Loudoun County in Northern Virginia is home to roughly 250 datacenters and expects to collect $1.3 billion in 2027 from taxes on the equipment inside them. theregister
• The US national debt hitting $40 tn for the first time - after having doubled over the past decade - is stoking fear that Trump's tax and spending plans are unsustainable. The Guardian
• The South Korean government has said it will offer tax breaks and subsidies totaling $900 million to create and purchase electric and fuel cell vehicles. Straits Research
• The new 1% remittance tax taking effect in 2026 could reshape how millions of Americans send money abroad and create major compliance headaches for banks, financial companies, and money transfer providers. KLR
• HMRC plans more than 30,000 interventions in 2026 targeting tax fraud and associated illegal activity. CPA | The Credit Protection Association
• The Union Budget 2026-27 and the Income Tax Rules, 2026, together introduce a mix of fiscal incentives, compliance reforms, and sector-specific support measures aimed at accelerating industrial growth. / India India Briefing News
• For tax years 2026 through 2029, California will impose a 100% tax on any settlement fund payments received by taxpayers from the Anti-Weaponization Fund established by the federal Department of Justice or any similar fund, settlement, or agreement. Plante Moran
• The IRS offers a 30% tax credit for qualifying insulation improvements under the Inflation Reduction Act through 2032. AL Home Services

Last updated: 07 September 2026