The Internal Revenue Service just proposed major regulations to protect refundable tax credits from systemic abuse. Here's what it means for tax compliance officers and corporate finance professionals.
1️⃣ IRS — New Rules Proposed to Protect Refundable Tax Credits from Abuse
The IRS and Treasury jointly proposed new federal regulations to protect refundable tax credits from abuse by illegal aliens.
This change directly hits individual tax filers, CPAs, and payroll managers who oversee general workforce compliance.
The public can submit comments on these proposed standards during the upcoming consultation period.
2️⃣ Treasury — Increased Nominal Long-End Liquidity Support Buyback Operations
The Treasury announced a key plan to expand the purchase sizes of its nominal long-end liquidity support buybacks.
This move directly affects government securities dealers, primary dealers, and active fixed-income portfolio managers.
These newly expanded operations are due to begin on September 9, 2026, and schedules are now online.
3️⃣ Nasdaq — New Agreements Required for Tape A, B and C Market Data Feeds
Nasdaq issued an urgent alert now requiring all market data subscribers to sign new administrative access agreements.
This change heavily hits market data administrators, digital trading desks, and firms relying on real-time feeds.
Affected entities must review and submit these new agreements immediately to prevent any data feed disruptions.
4️⃣ Receita Federal — SIMPLES NACIONAL Registration Deadline in September 2026
The agency officially announced that the final deadline for Brazilian SIMPLES NACIONAL tax registration is September 2026.
This deadline directly impacts the Brazilian micro-enterprises and small business owners seeking consolidated tax payments.
Eligible business owners must prepare their key financial records and complete registration before the September cutoff.
5️⃣ CFC — Public Consultation Opened on Non-Current Assets Accounting Standards
The council now opened a complementary public hearing regarding accounting standards for non-current assets held for sale.
This consultation directly affects licensed CPAs, corporate auditors, and public sector financial managers across Brazil.
Interested professionals can access the draft file and submit their comments via the official portal.
Full analysis in the attached RegNext Daily Americas Radar carousel.
— Elena Navarro · Managing Editor, RegNext
Daily Americas Radar · Wednesday 19 Aug 2026
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