EXAMINING reforms introduced or announced in 2025 across 92 jurisdictions, Tax Policy Reforms 2026 highlights a broad trend towards more progressive tax systems, with increases in personal income tax rates and capital income taxation across many countries.

Governments continued to provide targeted support to households facing cost-of-living pressures while also introducing measures to attract high-skilled workers, wealthy individuals and citizens living abroad.

Corporate tax reforms focused on boosting investment and competitiveness, including through incentives for research and development, artificial intelligence, defence and other strategic sectors, while VAT reforms increasingly targeted the digital economy.

Health-related taxes, particularly on tobacco and nicotine products, were among the most common revenue-raising measures. Countries also continued to adjust carbon pricing and energy taxes, balancing climate objectives with affordability concerns.