Global Scans · Tax · Weekly Summary

• [New] With the arrival of 2026, tax solutions powered by AI will completely change the way companies handle compliance and financial planning. The Fino Partners
• [New] Section 232 tariffs, Section 301 tariffs, and Section 338 tariff on Canada, will increase taxes per US household by $900 in 2026. Tax Foundation
• [New] Donald Trump has continued to threaten new tariffs if EU Member States proceed with plans to tax major US digital platforms. Europe a Contre-Courant
• [New] Australia's LNG export boom has intensified domestic calls for higher export taxes and stricter gas reservation policies, but the ACCC forecasts a 13 PJ natural gas surplus in Q4 2026, reducing the likelihood of export restrictions or government intervention. More News From NowHere
• Under devolution plans announced last week, by early 2028 regional mayors across England will be able to keep a share of income tax generated in their area. The Guardian
• Indian conglomerate Adani will pay no company tax despite generating almost $1bn in revenue from coal mining in Queensland over the past year. The Guardian
• Southeast Asia will continue using tax holidays to attract battery manufacturing, not just vehicle assembly. Tianjin Yigang Automobile Sales Co.,Ltd.
• A shipment to Chile might include the fleet tax credit, a manufacturer rebate, and a carbon credit sale. Tianjin Yigang Automobile Sales Co.,Ltd.
• Saudi Arabia, under Vision 2030, exempts EVs from import duties and offers a 10-year tax holiday for EV manufacturing investments. Tianjin Yigang Automobile Sales Co.,Ltd.
• Brazil's Rota 2030 program has evolved, offering IPI (Industrialized Product Tax) reductions for EVs. Tianjin Yigang Automobile Sales Co.,Ltd.
• President Donald Trump is expected to impose fresh import taxes, as 10% global levies from February are expiring. Morningstar, Inc.
• The Section 232 tariffs will increase US federal tax revenue by $942 billion from 2026 through 2035. Tax Foundation
• In 2026, output is projected to decline 1.4% to 32.5 million units as new energy vehicle (NEV) tax cut incentives are reduced and some PHEVs lose eligibility. / China Mobility Global
• Missouri Amendment 5 would remove a constitutional cap on the sales tax base that voters approved in 2016, allowing legislators to reduce personal income taxes in 2027's session. MultiState
• Additional tax revenue generated by the semiconductor boom will be directed toward younger generations, future growth industries, regional development and talent cultivation through a newly established Future Response Fund. Aju Press
• Oman will begin implementing an income tax in 2028. Middle East Institute
• The U.S. Corporate Climate Responsibility Act mandates companies with annual revenue $1 billion to reach 40% renewable electricity consumption by 2030; non-compliant enterprises lose all federal tax incentives. Solar Panel Production Equipment and Machinery-Lithium

Last updated: 10 August 2026