Global Scans · Tax · Weekly Summary

• [New] In the United States, the Sustainable Aviation Fuel Grand Challenge aims to produce at least 3 billion gallons by 2030 and 35 billion gallons by 2050, supported by federal tax credits under the Inflation Reduction Act providing up to US$1.75 per gallon for qualifying SAF. Persistence Market Research
• [New] China's government has announced a major shift in export tax rebate policy for photovoltaic (PV) products and related components, a move that will have significant implications for the global solar supply chain. https://www.chasungroup.com/
• [New] The China Photovoltaic Industry Association has publicly welcomed the policy change, stating that removing export tax rebates can help restore rational pricing in overseas markets, reduce the risk of trade frictions, and align export prices more closely with actual production costs. https://www.chasungroup.com/
• [New] The average tax increase per U.S. household will reach $600 in 2026. KCTV 5
• [New] The IRS now uses advanced machine learning models to score millions of tax returns simultaneously for audit potential. Uncle Kam
• [New] State-level wealth taxes are expanding in 2026, creating new multi-jurisdictional compliance risks. Uncle Kam
• [New] As the 2026/27 tax year approaches, the financial landscape for the UK disabled community and their carers will change considerably. Acutesoftware
• [New] Expired tax credits and rising gas prices drive used EV demand, but lease returns and residual value challenges threaten automakers' profitability according to Deloitte. Ainvest
• [New] The carbon tax rate will next go up in 2026 and 2027 to $45 a tonne, and could reach between $50 and $80 a tonne by 2030. ST
• [New] If global momentum on climate change continues to weaken, the carbon tax rate by 2030 could be on the lower end of the $50 to $80 range per tonne of emissions. ST
• [New] Greater transparency will strengthen public trust in the carbon tax policy by helping stakeholders understand the rationale and fairness of transitory allowances. ST
• [New] Hong Kong plans to change rules on carried interest that could allow asset managers to earn performance fees free of tax. The Standard
• [New] U.S. multinationals will have to contend with qualified domestic minimum top-up taxes in many of the jurisdictions in which they have controlled foreign corporations (CFCs). BDO
• [New] The government funding legislation passed by the U.S. House of Representatives this week will fight back against New York City's crushing Congestion Tax. Josh Gottheimer
• [New] Looking ahead to 2026, the EIA's March Short-Term Energy Outlook forecasts continued growth in U.S. renewable diesel production, projected to average 230,000 barrels per day in 2026 and rise to 280,000 b/d in 2027, partly driven by certainty around Section 45 Z tax credits. cCarbon
• [New] For Australian's with superannuation balances under $3 million, they will remain on the existing rate of 15% tax. SBS News
• [New] Many companies set goals expecting federal tax credits would support wind and solar deployment. WSB-TV Channel 2 - Atlanta
• [New] CHIPS grants could offset 20%, mirroring Arizona deals, while Texas incentives like tax abatements sweeten via Gov. Abbott's support. remio
• [New] The Virginia housing opportunity income tax credit is extended through taxable year 2030. Plante Moran

Last updated: 06 April 2026