Tax Alert Brief, October 2026
November 09, 2026
Starting January 2027, commercial banks must implement stricter controls for high-risk transactions, while a separate draft law proposes allowing joint-stock companies to distribute dividends from previously retained earnings. To combat taxpayer misconduct, a new presidential decree mandates the creation of a Register of Non-Compliant Taxpayers and introduces criminal liability for using nominee individuals in business registrations. The government has also introduced temporary import restrictions on potatoes, apples, and specific plaster products, while simultaneously launching a free, voluntary accreditation program to provide organizational support to foreign investors. Another proposed legislative change would gradually increase the personal income tax deduction from the current 6.5 calculation indices to 25 indices by 2029. Finally, lawmakers are reviewing a draft bill that offers corporate and personal tax exemptions, alongside immigration incentives, to attract foreign educators and support domestic educational institutions.
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