Welcome to Shaping Tomorrow

Global Scans · Tax · Weekly Summary


  • [New] 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
  • [New] Debt will rise to 300% of GDP by the 2070s if there is not fiscal tightening of 3.8% of GDP by 2031-32 - that's the size of onshore corporation tax or total expenditure on education by 2030-31. City AM
  • [New] The United States will impose taxes of 10% to 12.5% on imports from 60 countries, charging that they have inadequately enforced bans on goods produced by forced labour. Spectrum News
  • [New] For tax year 2026, Americans who take the standard deduction will be eligible for an above-the-line charitable deduction for the first time. Empower
  • [New] The UAE's corporate tax has fundamentally changed the way businesses plan their finances. Comfi.ai
  • [New] The Bipartisan BUILD America 250 Act proposed a similar annual tax of $130 for EVs and $35 for plug-in hybrids that would increase by $5 every other year starting in 2029. American Enterprise Institute - AEI
  • [New] A 50% tax on imports will force rapid supply-chain realignment and weaken the Canadian economy far faster than the Federal Reserve's policies will impact the U.S. dollar. Trading Strategy Guides
  • [New] A land-value tax has emerged as a possible longer-term reform, but analysts warned that it cannot provide a rapid solution to the UK's fiscal pressures. Stock Market Update
  • [New] Social Security's main trust fund could be depleted by early 2033, leaving incoming payroll taxes sufficient to cover only about 86% of scheduled benefits. Knowledge at Wharton
  • [New] New tax rules on Motability car leases due to save taxpayers £1 billion by 2030. GOV.UK
  • [New] Governments in countries like Chile and Mexico have implemented strict labeling laws and sugar taxes, further educating consumers about the risks of processed foods and encouraging the adoption of healthier alternatives. Market Data Forecast
  • [New] Two-thirds of the additional tax revenues are expected to come directly from the global minimum tax and the other third from reduced profit shifting as a result of behaviour change. Tax Journal
  • [New] Unchanged future outlook: The Bank of Aland expects its return on equity after taxes to continue to exceed its long-term financial target of 15% during 2026. GlobeNewswire
  • [New] Louisiana will give tax breaks / rebates for aerospace projects, legal immunity from nuisance lawsuits, critical infrastructure protections, and efforts to streamline permitting. NextBigFuture.com
  • [New] Robust, technically sound tax planning will be essential as Panama moves toward greater transparency and alignment with global standards. BDO Global
  • [New] The solar Investment Tax Credit, the ITC, gives a 30% credit for qualifying rooftop solar and paired batteries for systems installed through 2032. Budget Heating and Air Conditioning Inc
  • [New] Suriname expects significantly higher tax revenues from offshore oil production from 2028 onwards. Meijburg & Co Tax & Legal
  • [New] South Korea will additionally focus on maintaining an unwavering supply chain based on lessons learned from the Middle East war, including offering tax benefits for the domestic production of strategically important items. UPI
  • [New] The United States has warned against expanding global Digital Services Tax (DST) discussions to include Artificial Intelligence, arguing that doing so could derail already difficult international negotiations. IFC Review

Last updated: 27 July 2026



Please stand by...

The magic is happening, but it might take a couple of minutes.

Login