Fiscal PolicyEvent / data period:
Canada expands immediate expensing for business investment
The new incentive would raise the share of assets eligible for full first-year expensing from about 15% to more than 65%.
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Türkçe sürüme geçFiscal policy, budgets, public debt, taxes, customs duties and public support, distinguishing announced targets from realised outcomes. Page 5.
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The new incentive would raise the share of assets eligible for full first-year expensing from about 15% to more than 65%.
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The draft presented on October 1 aims to reduce the public deficit from 5.4% of GDP in 2026 to 5% in 2027.
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Four platforms began collecting PPh 22 on sellers’ gross turnover; individual sellers with annual turnover up to Rp500 million may qualify for an exemption.
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Treasury and the IRS issued draft regulations for a federal donation credit launching in 2027, with an annual maximum of $1,700 for individuals.
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The SPP-TDLN system went live on September 25; it targets eligible transactions not already taxed through the existing electronic-commerce VAT mechanism.
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Negotiations completed in late September aim to modernize the 1977 double-taxation agreement; a revised treaty has not yet entered into force.
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The underlying cash deficit reached A$8.0 billion and the fiscal deficit A$10.3 billion through August 2026, both below the period’s budget profiles.
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The INSPIRE-O project will support safety nets, climate-smart public works and economic inclusion across 25 districts and four cities.
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The ONS said August borrowing exceeded a year earlier and the OBR forecast, while year-to-date borrowing remained below the prior-year period.
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Technical talks covered the public-debt audit, fiscal developments and 2027 policy plans, with discussions set to continue.
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Brazil’s Finance Ministry said its fourth bimonthly fiscal review lowered total 2026 spending restraints from 17.9 billion to 16.1 billion reais.
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The C$7.5 billion package includes regional aid, C$500 million in liquidity and a C$2 billion diversification fund.
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