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Tax
Russia Targets Miners and Savers with New Taxes as War Spending Widens Deficit
Russia is escalating tax extraction on miners and retail savers to close a 7.3 trillion ruble budget shortfall driven by defense expenditures. The levies risk triggering capital flight and curbing capital reinvestment in critical base metals.
Twenty-One Nigerian States Enact Harmonized Tax Legislation to Unify Subnational Levies
Twenty-one Nigerian states have adopted the Model Harmonised Taxes and Levies Law to streamline subnational collections into nine authorized categories, eliminating redundant roadside levies and lifting first-half 2026 revenues by 27 percent.
Botswana Falls Short on OECD Tax Information Sharing Standards
Botswana failed to implement required bilateral tax information exchange frameworks under the OECD 2026 peer review, presenting fiscal oversight risks for its diamond sector and monetary stability.
Vietnam Prolongs Fuel Tax Relief Through 2026 to Support Manufacturing
Vietnam extended environmental protection tax cuts on petroleum products through 2026, preserving operating margins for manufacturers and curbing inflationary pressure across domestic logistics networks.