#compliance
Navigate regulatory compliance and maintain audit-ready financial records
Egypt's Law No. 6 of 2025 lets SMEs with annual turnover up to EGP 20 million pay 0.4%–1.5% tax on revenue instead of 22.5% on profit, with stamp duty and dividend withholding exemptions but a five-year lock-in — while Resolution 281 of 2025 halves the mandatory e-invoicing threshold to EGP 250,000.
Effective January 1, 2026, California's SB 642 expands the Equal Pay Act's definition of wages to cover bonuses, stock options, allowances, hotel accommodations, and travel reimbursements — and lets each paycheck restart the three-year claim clock, with back pay recoverable up to six years. Here is what changed and a practical compliance checklist for small employers.
Guam's Business Privilege Tax returns to 4% on October 1, 2026, ending a "temporary" 5% rate that lasted eight years after the 2018 hike. The rollback passed 8–7, costs the territory an estimated $38–80 million a year, and doesn't touch the 3% small-business tier — here's how to plan monthly BPT filings through the two-step transition.
India's GST 2.0, effective September 22, 2025, collapsed four slabs into 5% and 18% (plus 0% and a 40% sin-goods bracket) — but ITC is now claimable only when it appears in GSTR-2B, supplier invoices must be paid within 180 days, and GSTR-1/3B mismatches over ~5% auto-trigger DRC-01B notices. Here's the 2026 compliance routine for small businesses.
OMB's proposed Uniform Grants Regulation would replace 2 CFR Part 200 by October 1, 2026 — making the rules binding regulation, eliminating most fixed-amount awards in favor of cost-reimbursement, and adding termination-for-convenience authority. Here's what nonprofit finance teams should do about the 30–60 day reimbursement lag, indirect cost documentation, and new allowability limits before the final rule lands.
As of March 1, 2026, SBA 7(a), 504, Microloan, and Surety Bond programs require 100% U.S. citizen or national ownership (with a 5% carve-out), ending green card holder eligibility. Here's who is affected and the financing alternatives — conventional loans, CDFIs, ITIN lending, and revenue-based funding.
California's Digital Financial Assets Law (DFAL) took full effect July 1, 2026, with penalties up to $100,000 per day for unlicensed crypto activity. Who needs a DFPI license, who qualifies for the merchant and $50,000 de minimis exemptions, and what the NMLS application requires.
Liberia replaces its 13% GST with an ~18% VAT on January 1, 2027, with mandatory registration running July 1 to December 31, 2026. Here's how GST and VAT differ, why the change forces businesses to track input and output tax separately, and a practical bookkeeping checklist to get compliant before the deadline.
New York's DCWP fined production company Splashlight $528,817 for paying fewer than 1 in 5 freelance contracts on time. Here's what the Freelance Isn't Free Act requires — written contracts for work over $800, payment within 30 days, six years of records — and how similar laws in Illinois and California now apply nationwide.
Inland Revenue's May 2026 "Current GST Issues" paper poses 56 questions across eight reform areas for New Zealand's 40-year-old GST Act — excluding zero-rated exports from the $60,000 registration threshold, reclassifying student accommodation as commercial dwellings, zero-rating residential solar exports, and a 5% materiality test for error correction. Here's what small businesses, freelancers, and landlords should track before draft legislation lands.
South Africa's 2026 Budget raises the compulsory VAT registration threshold from R1 million to R2.3 million effective 1 April 2026, lifts voluntary registration to R120,000, and adds a R600,000 tax-free band to turnover tax — here's who should consider deregistering, who shouldn't, and how to keep the bookkeeping clean through the transition.
IRS Revenue Procedure 2026-26 sets the 2027 ACA employer affordability threshold at 10.22% and updates the premium tax credit applicable percentage table (2.15%–10.22% of household income by federal poverty line bracket). Here is how the new numbers — and a quiet premium-growth methodology change — affect self-employed marketplace buyers and small employers.
