Israel: the VAT increases up to 18%
The Israel Government has raised the standard VAT rate to 18%, a level not seen [...]
Guatemala: minimum wage and VAT reforms
With the inauguration of 2025 in Guatemala, the new minimum wage for each constituency took [...]
Germany: the tax reforms foreseen to be applicated on 2025
The New Year in Germany is ushered in by several tax reforms to be applied [...]
Mexico: new revisions in local and labour contributions
The entry of the new Government of Mexico and the change of fiscal year 2025 [...]
El Salvador: approvement of the Law for the Stability of the Financial System
The Legislative Assembly of El Salvador approved during the last week of November 2024 the [...]
Costa Rica: new fiscal value for vehicles
Costa Rica implements new provisions, through Resolution MH-DGH-RES-0061-2024 of the General Directorate of Finance, which [...]
Honduras: updates on Income Tax
The Tax Administration Service (SAR) of Honduras has published the new progressive Income Tax (ISR) [...]
Belgium: the implementation of electronic invoices
The use of electronic invoicing will become mandatory in Belgium from January 1st, 2026 for [...]
Colombia: implementation of the new pension system
Members of Colombia's pension system will have to make a number of significant changes to [...]
United States: Foreign-Derived Intangible Income (FDII) deductions for companies
The Foreign-Derived Intangible Income (FDII) tax regime was introduced in 2017 as part of the [...]