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Global Scans · Tax · Weekly Summary


  • Maryland offers potential battery storage grants, sales tax exemptions, property tax exemptions on solar-added value, net metering, and SREC opportunities, including Certified Brighter Tomorrow treatment for eligible systems. FoxesSellFaster.com
  • Maryland offers a balanced framework with grants, SREC opportunities, sales tax exemptions, and property tax protections. FoxesSellFaster.com
  • The United States could raise more tax revenue. Council on Foreign Relations
  • An uncompetitive tax regime could push capital and financial-sector jobs out of the UK. CPA | The Credit Protection Association
  • Louisiana will give tax breaks / rebates for aerospace projects, legal immunity from nuisance lawsuits, critical infrastructure protections, and efforts to streamline permitting. NextBigFuture.com
  • 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
  • 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
  • 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
  • Tax exemption proposed till tax year 2040-41 for foreign company storing components in bonded warehouse in India for supply to contract manufacturer manufacturing specified electronic goods. EY
  • Crypto exchanges in Singapore will have to collect more customer tax information from 2027. Fintech Singapore
  • 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
  • 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
  • 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
  • Beyond mere risk avoidance, maintaining high standards of UAE corporate tax compliance serves as a hallmark of corporate health. CTC Tax & Accounting
  • FTA registered tax agents integrate tech to enhance precision and speed, aligning with Vision 2031's smart governance push. / UAE Tulpar Global Taxation
  • In the United Arab Emirates, where the FTA enforces excise tax on sweetened drinks rigorously, proactive oversight averts disruptions. Tulpar Global Taxation
  • HMRC plans more than 30,000 interventions in 2026 targeting tax fraud and associated illegal activity. CPA | The Credit Protection Association

Last updated: 02 November 2026



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