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    • Belgium Updates QDMTT Draft Form And Guidance
    • Brazil Aiming To Pre-Fill All Taxpayers' Returns
    • Canada Extends Tax Breaks For Brewers
    • Cyprus Extends Income Tax Return Filing Deadlines
    • Cyprus VAT Zero Rates Various Foodstuffs
    • EU Member States Agree New E-Invoicing Standard
    • German Cabinet Approves Air Travel Tax Cut
    • Hong Kong To Cut Interest On Early Tax Payments
    • Ireland Updates Capital Acquisitions Tax Guidance
    • Isle Of Man Amends VAT Rules For Charitable Donations
    • Moldova Raises Threshold For Accessing Simplified Tax Regime
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    Global Daily Tax News, Canada Extends Tax Breaks For Brewers, (Apr 6, 2026)

    On April 1, 2026, the Canadian Government announced an additional two-year extension of the two percent cap on the annual alcohol excise duty inflation adjustment, and of the 50-percent reduction on excise duty rates for the first 15,000 hectolitres ...

    On April 1, 2026, the Canadian Government announced an additional two-year extension of the two percent cap on the annual alcohol excise duty inflation adjustment, and of the 50-percent reduction on excise duty rates for the first 15,000 hectolitres of beer brewed in Canada.

    The measures are effective immediately.

    Canada's Finance Minister, said: "Our Government is standing behind Canada's breweries, distilleries, and wineries as they navigate rising costs and economic uncertainty. By extending this relief, we are providing stability at a critical moment – helping small- and medium-sized businesses focus on what matters most: growing their operations, supporting local workers, and keeping our economy strong and resilient."

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