Global Scans · Tax · Weekly Summary

• [New] France's 2025 regulations will reduce tax breaks, cap rentals at 90 days per year, and enforce mandatory property registration with penalties for non-compliance. EnsoConnect
• [New] China's new reporting rules will require Chinese domestic and international internet platform enterprises to submit tax-related information to Chinese tax authorities. JD Supra
• [New] Japan is set to revolutionize its cryptocurrency tax system by 2026, introducing a flat 20% tax rate on crypto gains. OKX
• [New] Ministers are being urged to close a loophole that will allow UK banks and specialist lenders to avoid paying £2bn in tax on their payouts to motor finance scandal victims. The Guardian
• [New] From 2026, passenger taxes and other airport fees at Ben Gurion International Airport are scheduled to rise by about 14% on average. The National
• [New] The 30% solar tax credit that saves homeowners thousands of dollars will disappear by the end of 2025. A1 SolarStore
• [New] The US Inflation Reduction Act commits $369 billion to clean energy (projected to reach $786 B-$1.2 T due to uncapped tax credits). / China investing.com
• [New] Domestic Minimum Top-up Tax: All CEs in Indonesia will be liable to pay top-up tax under the DMTT if Indonesia's ETR is lower than 15%. EY
• [New] By the end of the decade, taxes will have risen to their highest level as a share of national income. / UK The Conversation
• [New] Singaporeans will get a one-off property tax rebate of 15% for owner-occupied HDB flats in 2026 to help mitigate the impact of rising rents on their property taxes. ST
• [New] If the legislation working its way through Parliament becomes law, the proposed changes would mean Canada's lowest earners may pay slightly less income tax starting in 2026. Global News
• [New] Starting in 2026, all Bronze and catastrophic plans become HSA-eligible, creating new tax advantages. MooLoo
• [New] The PETA spokesperson added: Modelling predicts that a UK tax on red and processed meats could result in 22% fewer deaths and save the health service £700 million a year. The Ecologist
• [New] Starting in 2026, gambling loss deductions are limited to 90% of losses, potentially increasing tax owed on wagering income, and impacting gambling activity. Eide Bailly LLP
• [New] High-spending gamblers could see a significant tax increase beginning in 2026 if the tax deduction is not revised from the previous 100% level to the upcoming 90% cap. Yahoo Finance
• [New] For the 2026 tax filing season, taxpayers are expected to take home an additional $91 billion in refunds and keep an additional $30 billion in their paychecks from reduced withholdings. / USA The White House
• The Finance Bill 2025-26 will introduce a power allowing regulations that enable the testing of the new digital service for the securities transfer charge, which will replace stamp duty and stamp duty reserve tax. UKAuthority
• Internationally mobile individuals face further changes, including the welcome introduction of a £5 million cap on inheritance tax trust charges for historic trusts created by non-doms, presumably in the hope of stemming the flow of wealthy long-term resident foreigners leaving the UK. Mishcon de Reya LLP

Last updated: 08 December 2025