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News & Views Archive

Thursday, June 25

Global: Intra-group manufacturing transaction types (Paul Sutton on LinkedIn) More
Global: Recent international tax topics (International Tax Bytes) More
Global: The convergence of risk: tax disputes (Baker McKenzie) More
Global: Transfer pricing: A local file can look polished and still be weak (Borys Ulanenko on LinkedIn) More
Brazil and US: Brazilian exporters consider how to navigate ongoing tariff instability in light of new US tariffs (EY) More
Chile: Benchmark tool to assess transfer pricing risk (in Spanish) (Tax authorities) More
EU: Commission proposes Taxation Omnibus to simplify direct taxation and boost EU competitiveness (Loyens & Loeff) More
EU: European Commission’s tax omnibus proposal published (Deloitte) More
EU: European Commission issues Tax Omnibus proposal (KPMG) More
EU: European Commission proposes DAC recast (Deloitte) More
EU: European Commission publishes EU Tax Simplification Package (Baker McKenzie) More
EU: Opinion statement on distinguishing between supply of goods and supply of services in EU VAT law (CFE Tax Advisers Europe) More
EU: Proposal for DAC recast (European Commission) More
EU: Tax omnibus proposal (European Commission) More
EU: Tax simplification package to streamline compliance and enhance competitiveness of the Single Market (European Commission press release) More
EU: We built an EU public CbCR module. We assumed “EU Directive = one standard”. We were spectacularly wrong. (David Zářecký on LinkedIn) More
Sri Lanka: Guidelines for withholding agents on withholding tax and advance income tax (KPMG) More
Tanzania: Tax measures in 2026/2027 budget (KPMG) More
UK: Consultation on expansion of marketplace rules to sales of goods by domestic sellers (KPMG) More
UK: HMRC’s consultation on distributions: A fundamental reset? (Slaughter and May) More
UK: What's next for tax policy in the UK? (EY) More

Wednesday, June 24

Global: German Administrative Principles on Transfer Pricing: the relevant date for applying the arm’s length principle (Paul Sutton on LinkedIn) More
Global: GloBE rules: The list of adjustments that you possibly need to make to CbCR data to apply TCSH is large. But, individually, each of them is unlikely to apply. (Leonard Wagenaar on LinkedIn) More
Global: New Global Forum report highlights global progress on transparency and effective exchange of information for tax purposes (OECD) More
Global: Tax treaty round-up (June 2026) (Deloitte) More
Australia: Weekly tax round-up (22 June 2026) (Deloitte) More
Cyprus and Hong Kong: Cyprus-Hong Kong SAR tax agreement signed (Deloitte) More
Germany and US: USTR initiates investigation into Germany's underpayment for innovative pharmaceutical products (KPMG) More
Luxembourg and Netherlands: EU fund managers: Structuring to attract Dutch investors into Luxembourg funds (Loyens & Loeff) More
Peru: New bill addresses cross-border intragroup restructurings, indirect disposal of Peruvian shares under non-resident CGT regime, determination (EY) More
Turkey: Turkey extends, through December 2026, 0% withholding tax on income from government bonds, Treasury bills and certain lease certificates (EY) More
UK: LLP profit-sharing arrangements and miscellaneous income: Supreme Court rules in HFFX (Macfarlanes) More
UK: Returning value to UK shareholders: HMRC consults on significant tax changes (Macfarlanes) More
US: CBP indefinitely suspends de minimis exemption for all modes of importation; new postal entry procedures (KPMG) More
US: Supreme Court: "Just compensation" from tax sale is auction sale price, not fair market value (KPMG) More
US: Tax accounting for divestitures: Held-for-sale considerations (PwC) More
US: Trump nominates James Gadwood as IRS Chief Counsel (KPMG) More
US: US indirect tax quarterly digest – Q2 2026 (PwC) More

Tuesday, June 23

Global: Consultation on proposed changes to reporting rules for digital platforms (KPMG) More
Global: E-invoicing developments tracker | 17 June 2026 (EY) More
Global: OECD is looking at stock-based compensation as part of the upcoming revision of Chapter VII on intra-group services (David Zářecký on LinkedIn) More
Central America and the Caribbean: Tax developments in Costa Rica, Panama, Dominican Republic, and Honduras (KPMG) More
EU: ECOFIN Council approves biannual report on tax issues (KPMG) More
France: Depreciation allowances on prototypes are eligible for the research tax credit (Deloitte) More
India: How India’s Tiger Global ruling collapses treaty residence into an anti-abuse inquiry (Yash Sinha) More
Italy: Disposal of Luxembourg holding company not subject to Italian capital gains tax (Milan tax court decision) (KPMG) More
Malaysia: Service tax policy on constructions works (KPMG) More
Netherlands: Updated Pillar Two Q&A (KPMG) More
Norway: Mandatory digital bookkeeping and e-invoicing requirements enacted (KPMG) More
Poland: Updated VAT reform bill published and other VAT updates (Deloitte) More
Rwanda: VAT on non-resident online sellers of goods and services introduced (KPMG) More
Singapore: Updated guidance on GST InvoiceNow requirement (Tax authorities) More
UK: “Foreseeably relevant” information or a “fishing expedition” in a transfer pricing case? (Jonathan Schwarz) More
Ukraine: Digital platform reporting and withholding rules adopted (KPMG) More
US: Companies left asking questions after recent energy tax credit court ruling (PwC video, 10:10) More
US: Research credit audits: updates and considerations (KPMG) More
US: Trade lines (EY) More

Monday, June 22

Global: When equivalence stops short: The Side-by-Side Safe Harbour and its uneasy fit with revised ATAD CFC rules (Maarten de Wilde) More
Brazil: Brazil publishes amendments to QDMTT legislation (EY) More
Canada: Canada enacts federal spring economic update tax bill (EY) More
Cyprus: Curious case of Cyprus: comment on whether Cyprus’s IIR is “qualified” (Annalise Foong on LinkedIn) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
EU: GloBE compliance manual covering 14 Member States (European Commission) More
Germany and US: USTR initiates Section 301 investigation into Germany pharmaceutical pricing practices; hearing scheduled and comments requested (EY) More
Indonesia: Announcement on foreign currency export revenue (in Bahasa Indonesia) (Government) More
Taiwan: Taiwan update: Treaties, tariffs and Top-Up Tax turbulence (PwC podcast, 37:27) More
US: Report on recent US international tax developments - 19 June 2026 (EY) More
US: State tax matters (Deloitte) More

Friday, June 19

Australia: Capital gains tax reforms – arrangements for innovative start-ups – Consultation paper (Government) More
Australia: Update on proposed legislation to amend capital gains tax and introduce new tax reform measures (KPMG) More
Belgium: Belgium delays GIR notification filing and clarifies timeline (EY) More
Belgium: Law introducing tax credit for increased commuting allowances published (Deloitte) More
Chile and Netherlands: Guidance on whether fees for remote training services constitute business profits under Chile / Netherlands double tax treaty (in Spanish) (Tax authorities) More
France: Free share awards: Toward recognition of eligibility for the research tax credit (Deloitte) More
France and Switzerland: Memorandum of understanding on cross-border work under France / Switzerland income tax treaty (KPMG) More
Germany: Updated guidance on permanent establishment status (in German) (Tax authorities) More
Singapore: Ruling on income tax issues relating to amalgamation of companies (KPMG) More
UAE: Pillar Two registration updates (Deloitte) More
UK: International Controlled Transactions Schedule transfer pricing requirement from 2027 (Deloitte) More
US: Notice 2026-40: Intent to issue proposed regulations regarding qualified opportunity zones (QOZs) under sections 1400-1 and 1400Z-2 (KPMG) More

Thursday, June 18

Global: GloBE rules: Is Art. 10.3.6 a location stabiliser rule? (Chester Wee on LinkedIn) More
Global: Latest on BEPS and beyond | June 2026 (EY) More
Global: Rubber hits the road for Pillar Two (Alex Parker) More
Belgium: Draft UTPR top-up tax return published for public consultation (KPMG) More
Belgium: Pillar Two: First GIR notification deadline extended; final QDMTT/IIR forms published (Deloitte) More
Cyprus: Announcements on implementation of Pillar Two framework (KPMG) More
EU: VAT on credit management after transfer of loans (Loyens & Loeff) More
Gulf Cooperation Council: GCC VAT framework update (Baker McKenzie) More
Hong Kong: Bill enhancing preferential asset and wealth management industry tax regimes gazetted (Deloitte) More
Hong Kong: Draft legislation on CARF and amended CRS introduced to Legislative Council (Deloitte) More
New Zealand: 2026 Budget announces several tax reforms (EY) More
Pakistan: Pakistan introduces comprehensive tax reforms and compliance measures under Finance Bill 2026 (EY) More
Sweden: Comment on Kubikenborg transfer pricing case (David Zářecký on LinkedIn) More
UAE: Updates corporate tax guidance on family foundations (Baker McKenzie) More
UK: HMRC consultation on International Controlled Transactions Schedule (Baker McKenzie) More
UK: HMRC publishes consultation on International Controlled Transaction Schedule (EY) More
US: The remarkable resilience of inbound private equity structures (KPMG) More
US: Ways and Means Committee debates digital asset tax package (PwC) More

Wednesday, June 17

Global: 2026 Global Tax Policy Survey available (Deloitte) More
Global: Pressure ratchets up on Pillar Two compliance (PwC video, 5:40) More
Global: The transfer pricing decisions you make this year may be defended by someone else years from now (Borys Ulanenko on LinkedIn) More
Global and UK: Beyond cost-plus: what the OECD's new approach to intra-group services means for UK taxpayers (Macfarlanes) More
Belgium: Important modification to wage withholding tax exemptions as from 1 January 2027 (Deloitte) More
Canada: Enforcement of trailing commission GST/HST extended to 2028 (KPMG) More
Canada and US: Temporary tariff remissions extended to 2027 (KPMG) More
Denmark: Withholding tax refund case – limitation period for repayment of withheld dividend and royalty tax (Supreme Court) (in Danish) (Court decision) More
EU: EU tax alert (Loyens & Loeff) More
EU and Germany: CJEU ruling on Portuguese RETT may have implications for purposes of German RETT (Deloitte) More
Hong Kong: Action plan to enhance tax concession for corporate treasury centres announced (Deloitte) More
Hong Kong: Hong Kong SAR unveils draft law to enhance the Unified Funds Exemption and the Carried Interest concession (KPMG) More
Hong Kong: Hong Kong SAR unveils draft legislation on enhanced tax concessions for maritime services and new tax concession for physical commodity trading (KPMG) More
India: Tax benefit on restructuring cannot be denied if backed by commercial expediency (KPMG) More
Poland: (1) Proposed windfall tax on liquid fuels; (2) relaxation of procedural transfer pricing requirements; (3) other tax developments (KPMG) More
Singapore: Guidance on economic substance requirements under section 10L (Tax authorities) More
Spain: Cupire Padesa case – transfer pricing – intra-group sale of goods – TNMM vs. profit split method (Supreme Court) (in Spanish) (TPcases) More
UK: Challenging HMRC information requests: lessons from Lifeplus (Slaughter and May) More
US: Court vacates IRS Notice 2025‑42; wind and solar framework restored (Deloitte) More
US: US Tax Court: Architectural partnership largely denied R&D credits but partner compensation was reasonable under section 174(e) (KPMG) More

Tuesday, June 16

Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Global: OECD draft guidance on intra-group services: more clarity, but also more judgement (Filippo Miotto on LinkedIn) More
Global: The two clocks inside every year-end TP adjustment (Ajit Jain on LinkedIn) More
Australia: ATO releases new guidance on private capital program (Deloitte) More
Australia: Weekly tax round-up (Deloitte) More
Bahrain: Bahrain issues domestic minimum top-up tax transfer pricing guide (EY) More
Canada: Canada Revenue Agency further extends administrative relief relating to Regulation 105 withholding tax on subcontractor fees (EY) More
Cyprus: Cyprus Pillar Two recent developments (EY) More
EU: CJEU ruling on the Portuguese real estate transfer tax on contributions and restructurings involving real estate companies (KPMG) More
EU: Pillar Two compliance manual (KPMG) More
Italy: Draft legislative decree proposes extending VAT deduction period to two years (Deloitte) More
Italy: Montebianco case – transfer pricing – intragroup sale of goods – CUP vs. cost-plus (Supreme Court) (in Italian) (TPcases) More
Kenya: Tax and customs proposals in 2026/2027 budget (KPMG) More
Pakistan: Direct and indirect tax measures in Finance Bill, 2026 (KPMG) More
Singapore: Singapore Transfer Pricing Guidelines (Ninth Edition) issued (KPMG) More
UK: HMRC launches consultation on resident individuals and reverse hybrids (Deloitte) More

Monday, June 15

Global: References to dynamic international standards and the tax legality principle. Working paper for the 2026 GREIT conference in Leuven (Sigrid Hemels on SSRN) More
EU: Isolanti case – C-308/25 – does Italy’s tax amnesty scheme, which allows taxpayers to settle disputes by paying only part of the tax owed, breach EU law? (European Court of Justice) (Advocate General opinion) More
India: Dow Chemical case – global procurement services from foreign related party – are the services “intermediary services” for GST purposes? (GST Appellate Tribunal) More
India: IMAX case – remote maintenance services for theatre systems – permanent establishment under Canada / India double tax treaty (Delhi Income Tax Appellate Tribunal) (Tribunal decision) More
India: Tiger Global and treaty interpretation (Reuven S. Avi-Yonah and Poonam Sidhu on SSRN) More
Ukraine: Agroprosperis case – beneficial ownership of interest – possible conduit company – Cyprus / Ukraine double tax treaty (Supreme Court) (in Ukrainian) (Court decision) More
US: Oregon Environmental Council case – Notice 2025-42 (which eliminated 5% safe harbour for establishing commencement of construction for wind and solar projects) “vacated” (US District Court for District of Columbia) (Court decision) More
US: Retaliatory taxation and the birth of America's first tax treaty (Wei Cui on SSRN) More

Saturday, June 13

Global: Private equity tax newsletter (EY) More
Global: Trade talking points (EY) More
Australia: Fiscally transparent entities and tax treaty residency claims (Tax authorities) More
EU and Switzerland: EU FASTER directive may bring improvements to withholding tax refund procedure (Deloitte) More
Germany: Parliament passes tax bill revising minimum local trade tax rate, real estate transfer tax (KPMG) More
Hong Kong: Hong Kong SAR unveils draft law to make its family office tax regime more attractive (KPMG) More
Portugal: Portugal extends deadline for filing Pillar Two GloBE Information Return and Top-up Tax assessment return for FY2024 (EY) More
UK: Government launches consultation on solving the LLC double taxation problem (Macfarlanes) More
US: Aircraft quarterly newsletter – Q2 2026 (PwC) More
US: DOE releases revised 45ZCF-GREET model used in computing clean fuel production credit under section 45Z (KPMG) More
US: Recent trade developments (June 2026) (Deloitte) More
US: State tax matters (Deloitte) More
US: Tax news & views – June 12, 2026 (Deloitte) More
US: Trade lines (EY) More

Friday, June 12

Global: Global indirect tax news (Deloitte) More
Global: Guidance on use of GIR XML Schema and validation rules for first GIR filings and exchanges (KPMG) More
Global: OECD’s proposed revisions to Chapter VII: Reframing the transfer pricing analysis of intra-group services (Alvarez & Marsal) More
Global: PE Watch | Latest developments and trends, June 2026 (EY) More
Global: Some transfer pricing policies are technically beautiful and operationally impossible (Borys Ulanenko on LinkedIn) More
Australia: High Court dismisses ATO’s appeal of recent Full Federal Court Division 7A decision (KPMG) More
Australia: Transfer of shares within corporate group not entitled to corporate reconstruction stamp duty relief (Queensland Court of Appeal decision) (KPMG) More
Denmark: Denmark Supreme Court rules non-resident taxpayers had five years, not three, to reclaim withholding tax (EY) More
Hong Kong: Government announces Action Plan to promote development of Corporate Treasury Centres in Hong Kong (Government) More
India: Global procurement services from foreign group entity were not intermediary services for GST purposes (tribunal decision) (KPMG) More
Uganda: Uganda issues Tax Amendment Acts for 2026 (EY) More
UK: Guidance on amended anti-avoidance rule for share exchanges and company reconstruction (KPMG) More
UK: Manuals for advance tax certainty service (ATCS), mandatory tax adviser registration (KPMG) More
UK: Recent decisions of First-tier Tribunal: (1) Document production required as part of transfer pricing inquiry; (2) scope of “personal goodwill”; (3) field was not “mixed use” property for stamp duty purposes (KPMG) More
US: Alert for section 892 investors and their related investment platforms (Alvarez & Marsal) More
US: Invalidated IRS Notice 2025-42 creates uncertainty for wind and solar credit projects (PwC) More
Vietnam: Summary of recent direct and indirect tax developments, including clarification on eligible payroll costs for substance-based income exclusion calculation under QDMTT (KPMG) More

Thursday, June 11

Global: Value creation in fintech: a tax and TP lens (PwC) More
Belgium: Ruling Commission formalises reinvestment commitment for pre-sale carve-outs (Baker McKenzie) More
China: China monthly tax brief: May 2026 (Ascentium) More
EU: Legislation and guidance on fixed €3 customs duty for e-commerce (KPMG) More
France: Calliope case – transfer pricing – limited risk distributor – brand-enhancement functions – TNMM vs. residual profit split method (Paris Administrative Court of Appeal) (in French) (TPcases) More
Guernsey: Policy & Resources Committee publishes 2026 Tax Reform Package (Deloitte) More
Panama: New economic substance law for foreign-source passive income (KPMG) More
Philippines: BIR issues additional clarification relating to VAT on digital services (Deloitte) More
Philippines: Guidance clarifying VAT on digital services (KPMG) More
Singapore: Singapore transfer pricing alert: IRAS clarifies SBC treatment for cost-plus service providers from YA 2026 (Alvarez & Marsal) More
UK: Lifeplus Europe case – transfer pricing – application of CUP to distributor – relevance of parent company’s financial statements – fishing expedition (First-tier Tribunal) (TPcases) More

Wednesday, June 10

Global: Service or secondment: A conundrum not for the Discussion Draft! (Venkataraman Ganesan on LinkedIn) More
Global: Transfer pricing: Entity characterization should come after the fact pattern, not before it (Borys Ulanenko on LinkedIn) More
Australia: Weekly tax round-up (9 June 2026) (Deloitte) More
Belgium: Pillar Two compliance guidance (KPMG) More
India: Reimbursements to U.S. company for online advertising expenses not subject to equalization levy (High Court decision) (KPMG) More
Italy: Taxing dividends paid to nonresident non-commercial entities (NCEs) less favorably than dividends paid to resident NCEs violates EU law (Supreme Court decision) (KPMG) More
Mauritius: Actual and presumed foreign tax may be aggregated under pooling method (Supreme Court decision) (KPMG) More
Poland: Bill introducing VAT warehouse regime, altering purchase joint/several liability rules adopted by Council of Ministers; other tax developments (KPMG) More
US: Federal district court vacates Notice 2025-42, which eliminated five percent safe harbour for establishing beginning of construction for wind and solar projects (KPMG) More
US: OBBBA restores R&E expensing, alters multinational tax strategy (KPMG) More

Tuesday, June 9

Global: E–invoicing developments tracker: As of 3 June 2026 (EY) More
Global: Global minimum tax: Practical fixes to GIR XML schema for first filings (Deloitte) More
Global: Global Tax Policy and Controversy Watch | June 2026 edition (EY) More
Global: Why managing tax compliance and tax controversy should be co-sourced (EY) More
Bahrain: DMTT computation guide (Tax authorities) More
Bahrain: DMTT transfer pricing guide (Tax authorities) More
Cyprus: New criteria to determine when a building is considered "new" for VAT purposes (Deloitte) More
EU: AG opines PSD withholding tax exemption may be denied in abusive dividend arrangement (Deloitte) More
Luxembourg: Luxembourg Pillar Two FAQ updated: LTA provides further guidance on registration and GIR notification obligations (Loyens & Loeff) More
Singapore: Transfer Pricing Guidelines (Ninth Edition) (Tax authorities) More
Sri Lanka: Tax amendments, including capital gains tax changes, enacted (KPMG) More
UK: HMRC publishes updated and new guidance manuals (Deloitte) More
UK: Order to implement temporary 5% reduced VAT rate on certain supplies issued (Deloitte) More
UK: Tribunal finds documents not reasonably required as part of transfer pricing enquiry (Deloitte) More
US: Court restores Five Percent Safe Harbour for wind and solar project developers (PwC) More

Monday, June 8

EU: Nova Iberomoldes case – Case C-837/24 – Portugal not permitted to impose real estate transfer tax on the contribution, to another company, of shares in companies owning immovable property, if the contribution qualifies as a restructuring operation under the EU Capital Duties Directive – European Court of Justice (Court decision) More
EU: ViDA and the fundamental principles of EU VAT: A reformed edifice on unchanged foundations (Marta Papis-Almansa on LinkedIn) More
Germany: Liquidation dividends case – Dividends paid during a liquidation period can benefit from the withholding tax exemption under the EU Parent-Subsidiary Directive, provided the distributed profits are generated before the commencement of the liquidation – Federal Fiscal Court (in German) (Court decision) More
Germany and US: S Corp case – US S corporation is entitled to German dividend withholding tax exemption under Germany / US double tax treaty – Federal Fiscal Court decision (in German) (Court decision) More
Greece: Foreign tax credit case – Case A827/2025 – Court allows refund of excess foreign tax credit (under Cyprus / Greece double tax treaty) which could not be credited against Greek domestic tax – Supreme Court (in Greek) (Court decision) More
India: Gameskraft case – Supreme Court upholds constitutional and statutory validity of GST regime covering online gaming, betting, and gambling – Supreme Court (Court decision) More
US: Paschall’s case – Cryptocurrency staking rewards are includible in income under section 61 – US Tax Court (Court decision) More

Saturday, June 6

Global: OECD releases Public Consultation Document on “Revisions to Chapter VII of the OECD Transfer Pricing Guidelines” (EY) More
Global: OECD working paper released on potential impact of population aging on tax revenue (Deloitte) More
Australia: Legislation amending capital gains tax, introducing other new tax measures passes lower house of Parliament (KPMG) More
Colombia: Tax Supreme Court lifts suspension, reinstates withholding tax rates (KPMG) More
EU: Real estate transfer tax may not be imposed on contribution of shares qualifying as restructuring operation within meaning of capital duties directive (CJEU judgment) (KPMG) More
Gulf Cooperation Council and UK: Gulf Cooperation Council concludes key free trade agreement with UK (EY) More
India: Certain foreign taxpayers granted tax exemption for income from government securities (KPMG) More
US: Report on recent US international tax developments - 5 June 2026 (EY) More
US: Reported FIFA 2026 World Cup tax deal hasn’t changed fundamentals (KPMG) More
US: State tax matters (Deloitte) More
US: Tax news & views (Deloitte) More
US: Tax news & views weekly roundup: Treasury testimony, global tax news and donuts (Alex Parker) More
US: US state income tax digest: Highlighting significant income and business tax developments (PwC) More

Friday, June 5

Global: Beyond cost-plus: OECD rewrites the rules on intra-group services (PwC) More
Global: Intragroup services look easy until month-end arrives (Borys Ulanenko on LinkedIn) More
Global: Lessons from global transfer pricing negotiations (PwC podcast, 22 mins) More
Global: OECD: Transfer pricing of intragroup services (Deloitte) More
Argentina: Argentina replaces procedure for applying tax-treaty benefits to payments to foreign beneficiaries (EY) More
Botswana: VAT Amendment Act, 2025, introducing VAT on remote services, now effective (KPMG) More
Canada: Canada tax matters (EY) More
China and US: USTR requests comments on scope and operation of US-China Board of Trade (KPMG) More
Colombia: Colombia's highest tax court revokes provisional suspension of Decree 572 of 2025, thus reinstating higher self-withholding tax rates as of 1 July 2026 (EY) More
India: Workforce acquired as part of business acquisition constitutes depreciable intangible asset (tribunal decision) (KPMG) More
Indonesia: Implementing Global Minimum Tax rules in Indonesia (KPMG) More
UK: Comment on UK’s proposal to introduce mandatory exemption of profits and losses of foreign PEs (Leonard Wagenaar on LinkedIn) More
US: President Trump signs order directing customs enforcement and reform (KPMG) More
US: Trade lines (EY) More
US: US President issues Executive Order strengthening customs enforcement; enhanced importer requirements, disclosure obligations and penalties announced (EY) More
US: US Tax Court: Cryptocurrency staking rewards includible in income under section 61 (KPMG) More
US: USTR proposes Section 301 actions following forced labour investigations of 60 trading partners (PwC) More

Thursday, June 4

Global: Home and away: When does working remotely across borders create a taxable presence? (OECD blog post) More
Global: No strait answers: Energy shocks, AI stocks, and trade talks (PwC podcast, 34 mins) More
Australia: Tax Reform No. 1 Bill 2026: CGT and negative gearing changes for property funds (Deloitte) More
Canada: CRA reverses December 19, 2025, CRS position on NFE partnerships (Loopstra Nixon) More
Canada: ICA approval of the Anglo American acquisition of Teck might require it to have central management and control in Canada (Neal Armstrong) More
EU: (1) European Commission publishes new Pillar Two FAQ on Cyprus; (2) state of play on implementation of DAC9 (KPMG) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
Germany: Dividends paid during liquidation period may benefit from parent-subsidiary directive (Federal Tax court decision) (KPMG) More
Hong Kong: Hong Kong introduces bill to implement CARF and amended CRS (PwC) More
India: Inductotherm case – transfer pricing – method selection: TNMM vs. cost plus (Income Tax Appellate Tribunal) (TPcases) More
Italy: Illva Saronno case – transfer pricing – method selection: CUP vs. TNMM (Supreme Court) (in Italian) (TPcases) More
Italy: Late submission of tax residence certificate does not preclude parent-subsidiary directive withholding tax exemption (KPMG) More
Latin America: Latin American tax news - May 2026 (Joaquin Kersman on LinkedIn) More
Poland: Bill amending mandatory disclosure rules approved by lower house of Parliament (KPMG) More
Turkey: Law introducing tax reforms approved by Parliament (KPMG) More
US: How to navigate the next phase of US federal energy tax policy (EY) More
US: Trump administration further adjusts Section 232 tariffs on aluminum, steel, and copper imports (PwC) More
US: USTR issues Section 301 determinations on forced-labour investigations across 60 economies; additional duties proposed and comment period open (EY) More

Wednesday, June 3

Global: GloBE rules – treatment of joint ventures (Leonard Wagenaar on LinkedIn) More
Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Global: Public consultation on proposed Revisions to Chapter VII of the OECD Transfer Pricing Guidelines: Analysis and observations (KPMG) More
Australia: Monthly tax update (1 June 2026) (PwC) More
Australia: Weekly tax round-up (Deloitte) More
Brazil and US: USTR proposes Section 301 tariffs on Brazilian goods (KPMG) More
Brazil, US and Vietnam: USTR issues Section 301 determination on Brazil, initiates Section 301 IP investigation into Vietnam; tariffs proposed and comment periods open (EY) More
Canada: Corporation income tax guide for 2025 (Tax authorities) More
Korea: Tax audit of “super cars” prompts broader scrutiny of corporate tax evasion (Deloitte) More
Korea: Tax rulings and cases (May 2026) (Deloitte) More
Poland: Act introducing amendments to tax code passed by lower house of Parliament; other tax developments (KPMG) More
UK: Updated guidance on disclosure of tax avoidance schemes (Tax authorities) More
US: Proposed IRC Section 892 regulations would modify applicability dates of 2025 proposed regulations and providing transition period (EY) More
US: Treasury, IRS propose transition relief, new applicability dates for section 892 regs (Deloitte) More
US: US adjusts Section 232 tariffs for imports of aluminum, steel, and copper (KPMG) More
US: US issues proclamation further adjusting Section 232 tariff regimes for aluminum, steel and copper; expanded reduced rates and revised thresholds announced (EY) More
US: US OFAC publishes “Introduction to the Office of Foreign Assets Control” (KPMG) More

Tuesday, June 2

Global: Database of industrial subsidies released (Deloitte) More
Global: EY's global e–invoicing developments tracker | 27 May 2026 (EY) More
Global: International tax news (May 2026) (PwC) More
Global: Revisions to Chapter VII of the OECD Transfer Pricing Guidelines: Special considerations for intra-group services (OECD) More
Australia and UK: Managing cross-border tax investigations: a UK and Australian perspective (Slaughter and May podcast, 26 mins) More
Belgium: Parliament approves program law containing various tax measures (KPMG) More
Botswana: Legislative package of tax and customs reforms (KPMG) More
France: Comments on Engie transfer pricing case (David Zářecký on LinkedIn) More
Panama: Economic substance requirements for foreign-source passive income become law (Deloitte) More
Panama: New economic substance rules for foreign passive income (Baker McKenzie) More
Portugal: “Bank Branch” case – attribution of profits to PE – free capital vs. interest-bearing debt – Supreme Court decision (in Portuguese) (TPcases) More
US: Report on recent US international tax developments — 29 May 2026 (EY) More
US: State tax matters (Deloitte) More
US: Treasury proposes transition relief for section 892 foreign government investment rules (PwC) More
US and Vietnam: USTR initiates Section 301 investigation into Vietnam’s IP practices (KPMG) More

Friday, May 29

Global: Global minimum tax: Updated 2026 version of consolidated commentary released (Deloitte) More
Global: Updated Consolidated Commentary to the Global Anti-Base Erosion Model Rules (2026) (OECD) More
Australia: KPMG recommendations on thin capitalisation reforms (KPMG) More
Australia: Proposed legislation to amend capital gains tax and introduce new tax measures (KPMG) More
Belgium: Details on capital gains tax (KPMG) More
Belgium: Request for certificates for increased thematic investment deduction now available (KPMG) More
Canada: CRA finds that the s. 37(1)(a)(i.01) deduction was not available to a company that did not control the research and had no right to the results (Neal Armstrong) More
Germany: (1) Determination of place of supply of marketing services (Federal Fiscal Court decision); (2) other VAT developments (KPMG) More
Malaysia: Guidance on bilateral and unilateral foreign tax credits (Tax authorities) More
Panama: National Assembly approves economic substance bill in third debate (Deloitte) More
Tanzania: Court of Appeal ruling clarifies chargeability of VAT on demurrage charges (EY) More
UK: An updated look at the UK DST (Baker McKenzie) More
UK: Proposal to make foreign permanent establishment (PE) exemption compulsory (KPMG) More
UK: (1) Temporary reductions in transport-related taxes; (2) guidance on taxation of “ecosystem services”; (3) consultation on changes to plastic packaging tax (KPMG) More
UK: Updated list of Pillar Two territories, qualifying top-up taxes (KPMG) More
UK: Voluntary pilot R&D advance assurance scheme for SMEs (KPMG) More
US: JCT releases report detailing One Big Beautiful Bill Act, provision by provision (Deloitte) More
US: Legislative update: JCT general explanation of “One Big Beautiful Bill” (“Bluebook”) (KPMG) More
US: Sixth Circuit: Section 4261 “ticket tax” applies to flight usage charges only, and not to fees for overhead and management (KPMG) More

Thursday, May 28

Global: Corporate income taxation and business dynamism (OECD) More
Global: More developments as Pillar Two filing deadline nears (Alex Parker) More
Global: Navigating permanent establishment risk in a remote work era (Part 2) (KPMG) More
Global: Portal combat: Pillar Two forms, deadlines, and the fight for certainty (PwC podcast, 26:46) More
Africa: Africa tax newsletter (KPMG) More
Australia: (1) Consultation on draft legislation on grid matching requirements for hydrogen producer tax incentive; (2) private capital program guidance (KPMG) More
Australia: Updated guide on Pillar Two, with details on GIR exchange, implications of possible adoption of side-by-side package (KPMG) More
Central America and the Caribbean: Tax developments in Costa Rica, Guatemala, Panama, and Dominican Republic (KPMG) More
EU: VAT fraud: Council agrees to strengthen cooperation with EU investigative bodies (European Commission) More
Germany: (1) New draft bill amending Tax Advisory Act; (2) other tax developments (KPMG) More
India and New Zealand: India and New Zealand sign free trade agreement (EY) More
Italy: Comments on GE transfer pricing case in Italy – TNMM – comparables (David Zářecký on LinkedIn) More
Malaysia: Updated FAQs on GloBE rules (Tax authorities) More
Panama: Panama proposal would tax offshore entities lacking economic substance (PwC) More
Portugal: Indirect taxes newsletter (Garrigues) More
Portugal: Tax Authority explains impact on Portuguese companies of OECD's recent update regarding Pillar Two filings (EY) More
Taiwan and US: US modifies tariffs on certain products of Taiwan, implementing trade agreement signed earlier this year (KPMG) More
US: A refresher on tax statutes of limitations (KPMG) More

Tuesday, May 26

Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Bermuda: Public consultation on corporate income tax regulations (Government) More
Canada: Appeal in DAC Investment case (non-CCPC GAAR) – Crown’s reply (Adam Friedlan on LinkedIn) More
Chile: Chilean tax bill would lower corporate rate, integrate tax system, and provide stability regime (PwC) More
China and US: White House details US / China deal after Trump’s state visit (Deloitte) More
EU: AG opinion on the application of the anti-abuse rule under Parent-Subsidiary Directive (KPMG) More
EU and US: Commission welcomes political agreement on implementation of EU / US trade deal (European Commission) More
Hong Kong: Foreign source income exemption (FSIE) regime: updated and additional FAQs (Tax authorities) More
India: American Express case – transfer pricing – transactional net margin method – selection of comparables (Delhi High Court decision) (TPcases) More
Ireland: VAT treatment of debt factoring and invoice discounting (Tax authorities) More
US: GOP taxwriters tout OBBBA benefits as Democrats say costs outweigh any gains (Deloitte) More
US: Tax administration and housing bills advance; digital asset measure introduced (Deloitte) More

Monday, May 25

EU: Proposed regulation on CBAM impact of carbon price paid in third country (European Commission) More
Greece: Omnibus tax bill, including provisions on binding advance tax rulings (in Greek) (Government) More
Hong Kong: Updated proposal on amendments to profits tax treatment of capital expenditure related to IP (Government) More
Korea: Announcement on tax incentives for foreign-invested companies (in Korean) (Tax authorities) More
Taiwan: National Taxation Bureau of Kaohsiung has launched the “AI Tax Knowledge Package” virtual assistant, providing 24-hour personalized services (Tax authorities) More
UK: New guidance page on advance tax certainty service for major investment projects (Government) More
US: Final regulations: information reporting for sales or exchanges to which section 751(a) applies (Tax authorities) More

Saturday, May 23

Global: OECD attempts to address Global Minimum Tax compliance concerns in advance of filing and exchange deadlines (PwC) More
Global and UK: GloBE rules – GIR filing and exchange: Transitional approach (Tax authorities) More
Australia: Guidance on amending global and domestic minimum tax assessments and GIRs (KPMG) More
China: Common pre-CIT deduction errors in China that trigger tax adjustments (Dezan Shira and Associates) More
Finland: Decrease to corporate income tax rate, extension of loss carry forward period proposed (Deloitte) More
Finland: Guidance on identifying groups and allocating income under Pillar Two minimum tax rules (KPMG) More
Indonesia: New rules for preliminary tax refunds (KPMG) More
Luxembourg: Administrative Tribunal decision on intra-group financing and guarantee arrangements (KPMG) More
South Africa: Global Minimum Tax (GMT): registration, subscription and notification (Tax authorities) More
Sweden: Kubikenborg case – transfer pricing – toll manufacturer terminates electricity contract – control over risk – compensation (Supreme Administrative Court decision) (in Swedish) (TPcases) More
Sweden: Proposed amendments to tonnage tax system (KPMG) More
US: State tax matters (Deloitte) More
US: Tax news & views (Deloitte) More

Friday, May 22

Global: GloBE rules – comments on “common understanding” for central filing of GIR (Leonard Wagenaar on LinkedIn) More
Global: Latest on BEPS and beyond (EY) More
Global: OECD moves to stabilize first Pillar Two filings (PwC video, 9:21) More
Global: Trade talking points (EY) More
Bermuda: Consultation launched on CIT administrative regulations, tax credit regulations (Deloitte) More
Greece: New binding tax rulings regime (KPMG) More
Greece: New law introduces significant tax and regulatory changes (Deloitte) More
India: Interest incurred to facilitate share acquisition by subsidiary treated as deductible business expense (Supreme Court decision) (KPMG) More
Korea: Improvements to tax audit process (KPMG) More
Malaysia: Clarification on meaning of "used" for sales tax drawback claims (KPMG) More
Netherlands: X Hybrid case – deductibility of interest – hybrid loan (Supreme Court decision) (in Dutch) (TPcases) More
UK: Government announces mandatory overseas permanent establishment exemption (Deloitte) More
US: Notice 2026-32: Alternative method for carrying broker-dealers to demonstrate satisfaction of adequate net worth requirement for nonbank trustees (KPMG) More
US: Report on recent US international tax developments (EY) More
US: Trade lines (EY) More

Thursday, May 21

Global: Navigating permanent establishment risk in a remote work era (Part 1) (KPMG) More
Global: OECD clarifies GloBE Information Return central filing (KPMG) More
Global: OECD releases common understanding on GIR central filing and updates to Administrative Guidance under Pillar Two (EY) More
Australia: Pillar Two account and role creation (Tax authorities) More
Chile: Proposed tax changes in national reconstruction bill (KPMG) More
Colombia: Supreme Administrative Court temporarily suspends increases in self-withholding tax (Deloitte) More
Curaçao: Pillar Two policy position (EY) More
Czech Republic: Summary of key amendments proposed to VAT Act (Deloitte) More
Germany: Crypto asset operator registration form now available (KPMG) More
Italy: La Termoplastic case – transfer pricing – TNMM – sales of goods to affiliates – deductibility of lease payments (Supreme Court decision) (in Italian) (TPcases) More
Italy: NN Europe case – transfer pricing – intra-group guarantee with no fee (Supreme Court) (in Italian) (TPcases) More
Qatar: Cabinet approves e-invoicing draft law and executive regulations (KPMG) More
Uruguay: Changes to tax payment instalment regime (KPMG) More

Wednesday, May 20

Global: GloBE rules: “Has the FY2024 GIR filing deadline been extended?” No! (Annalise Foong and Stephen Brunner on LinkedIn) More
Global: OECD TP local file requirements look simple until finance has to implement them (Borys Ulanenko on LinkedIn) More
Global: Tax treaty round-up (Deloitte) More
Australia: Weekly tax round-up (Deloitte) More
Austria: Bill to impose parcel tax (in German) (Government) More
Bermuda: Consultation on proposed amendments to corporate income tax regulations, draft tax credit regulations (KPMG) More
Dominican Republic: Inflation adjustments, beneficial ownership obligations, and VAT on foreign exchange differences (KPMG) More
France: Engie case – transfer pricing – liquefied natural gas (LNG) – cost plus method vs. profit split method (Supreme Administrative Court decision) (in French) (TPcases) More
Hong Kong: Updated proposals to enhance IP tax deduction regime (KPMG) More
India: Royalties paid to non-resident not taxable in India if related to income earned outside India (tribunal decision) (KPMG) More
Mauritius: A look at the potential treatment of dividend income under Pillar Two (EY) More
Rwanda: Transfer pricing rules (Government) More
US: Final regulations: Information reporting for sales or exchanges to which section 751(a) applies (KPMG) More

Tuesday, May 19

Global: Administrative Guidance on the application of the Transitional UTPR Safe Harbour to MNE Groups with 52-53-week Fiscal Years (OECD) More
Global: Central Record for purposes of the Global Minimum Tax (updated) (OECD) More
Global: Most local file TP updates fail because teams treat them like formatting work (Borys Ulanenko on LinkedIn) More
Global: OECD clarifies GloBE information return central filing (KPMG) More
Global: OECD publishes support for GIR central filing obligations, UTPR safe harbour extension (Deloitte) More
Global: “Permanent establishment” status vs. Authorised OECD Approach for allocating profits to PEs – inconsistency (David Zářecký on LinkedIn) More
Global: Support for Central GloBE Information Return Filing and Exchange (2024 Reporting Fiscal Year) (OECD) More
Australia: Reminder that first public CbC reports are due on 30 June 2026 (Tax authorities) More
Bahrain: Updated Tax Agent/VAT Representative guide (KPMG) More
Costa Rica: Tax authorities publish new resolution on application of IFRS (Deloitte) More
Hungary: Advertisement tax suspended indefinitely (KPMG) More
Mexico: General criteria and operational guidelines for tax compliance (KPMG) More
Singapore: Updated guidance on Refundable Investment Credits (RICs) (Tax authorities) More
UAE: Clarification of terms “director” and “officer” for purposes of limitation on deductibility of payments to connected persons (KPMG) More
UK: HMRC publishes additional guidance on advance tax certainty service (Deloitte) More
UK: Registration requirements for tax advisers (Tax authorities) More
US: Economic substance doctrine after Liberty Global (Baker McKenzie) More

Monday, May 18

EU: Consultation on proposed EU Emissions Trading System benchmarks (European Commission) More
Indonesia: GloBE rules – guidance on administrative matters, such as registration, returns, payments (in Bahasa Indonesia) (Tax authorities) More
Montenegro: Bill which would align corporate tax law with EU’s ATAD (in Montenegrin) (Government) More
Norway: Orlen Upstream case – transfer pricing – do both thin capitalisation and interest rate need to be adjusted? (in Norwegian) (Court decision) More
Taiwan: Guidance on computation of basic income tax (i.e., alternative minimum tax) (Tax authorities) More
US: Application process for pharmaceutical companies to obtain tariff relief with onshoring agreements (Government) More
US: Liberty Global case – codified economic substance doctrine in section 7701(o) (Court decision) More

Saturday, May 16

Canada: Budget 2025 implementation Bill No. 2 tabled in House of Commons (EY) More
Canada: Canada Revenue Agency intends to postpone new administrative position on GST/HST treatment of trailing commissions (EY) More
China: China monthly tax brief (Dezan Shira and Associates) More
EU: CJEU holds in Stellantis that transfer pricing adjustments are not payment for separate supplies for VAT (EY) More
Kenya: Tax proposals in Finance Bill, 2026 include CbC changes (KPMG) More
UK: Relying on a tax treaty is not an abuse of law: lessons from the Lehman litigation (Macfarlanes) More
US: Report on recent US international tax developments (EY) More
US: State tax matters (Deloitte) More
US: Tax news & views (Deloitte) More
US: Trade lines (EY) More

Friday, May 15

Global: Global tax policy and controversy watch | May 2026 edition (EY) More
Global: PE Watch | Latest developments and trends, May 2026 (EY) More
Australia: Australia's 2026-27 Federal Budget (EY) More
Australia: Market value of shares for capital gains tax purposes must include control premium (Federal Court decision) (KPMG) More
China and Italy: China / Italy double tax treaty 2026: practical tax planning guide for Italian investors (Dezan Shira and Associates) More
EU: VAT treatment of transfer pricing adjustments (CJEU judgment) (KPMG) More
Hong Kong: Bill to enact certain tax measures in 2025 Policy Address and 2026-27 Budget passed (Deloitte) More
Peru: Updated guidance on mutual agreement procedure (Tax authorities) More
US: IRS insights (Deloitte) More

Thursday, May 14

Global: EY's global e–invoicing developments tracker (EY) More
Global: Global indirect tax news (Deloitte) More
Australia: 2026 federal budget includes implementation of Pillar Two side-by-side package (KPMG) More
Australia: Consultation on repeal of additional tariffs (KPMG) More
Brazil and Spain: Spain and Brazil reach mutual agreement on the treaty characterization of interest on net equity payments (EY) More
EU: EU provisionally agrees updated social security coordination rules for mobile workers (Deloitte) More
EU: European Court on transfer pricing and VAT: unresolved puzzle (Loyens & Loeff) More
EU: Stellantis case – transfer pricing and VAT – whether transfer pricing adjustment causes VAT liability (European Court of Justice) (Court decision) More
Finland: Updated guidance on paying “non-wage compensation” to a non-resident foreign company (Tax authorities) More
Italy: XX Guarantee case – transfer pricing – intra-group guarantee – arm’s length guarantee fee – Supreme Court (in Italian) (TPcases) More
Kenya: Kenya proposes Finance Bill, 2026 (EY) More
Mexico: Effective income tax rates: SAT audit approach for large taxpayers (Deloitte) More
New Zealand: A small step: the Revenue Account Method enacted (Deloitte) More
New Zealand: Snapshot of recent developments (Deloitte) More
US: US Department of Commerce establishes application process for pharmaceutical Section 232 tariff relief tied to onshoring commitments (EY) More
Vietnam: Vietnam’s Special Consumption Tax regime in 2026: key compliance highlights (Dezan Shira and Associates) More

Wednesday, May 13

Global: OECD releases practical guide to investment tax incentives (KPMG) More
Global: OECD releases toolkit to support tax administrations in applying Pillar Two and updates FAQs (EY) More
Asia Pacific: Transfer pricing controversy trends shaping the energy and natural resources sector in Asia Pacific (KPMG) More
Australia: A view on the 2026/2027 Australian Federal Budget (Alvarez & Marsal) More
Australia: Australian Budget – minimalist for MNEs (Andy Bubb on LinkedIn) More
Australia: Australian Federal Budget 2026–27 (Baker McKenzie) More
Australia: Australian Federal Budget insights 2026-2027 (PwC) More
Australia: Federal Budget 2026 (KPMG) More
Australia: Federal Budget 2026-27: Tax developments for business (Deloitte) More
Australia: Federal Budget 2026-27: Tax developments for individuals (Deloitte) More
Colombia: Council of State provisionally suspends provisions of Decree 572 of 2025 on withholding and self-withholding (EY) More
EU: CJEU Advocate General opinion on compatibility of Belgian excess profit ruling scheme with EU State aid rules (KPMG) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
EU: REITs in Europe: Fragmentation, EU Law and Pillar Two (Loyens & Loeff) More
India: The architecture of treaty interpretation in India: Methodology, undefined terms, and the limits of interpretive latitude (Pramod Kumar on LinkedIn) More
Luxembourg: Holding Company AA case – transfer pricing – control over credit risk – notional interest deductions – Administrative Court (in French) (TPcases) More
Malaysia: Updated global minimum tax FAQs, e-invoicing guidelines; other tax developments (KPMG) More
Netherlands: Pillar Two tax return forms published (KPMG) More
South Africa: Taxpayers cannot rely on ignorance of downstream steps in avoidance schemes (court decision) (KPMG) More
Switzerland: Extension of tax loss carry-forward period (KPMG) More
US: Where’s the beef? In Liberty Global, the Tenth Circuit finds Project Soy lacks substance (Eversheds Sutherland) More

Tuesday, May 12

Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Global: The OECD “Side-by-Side” Package (Pillar 2): Reconfiguring the global tax architecture (Alfredo Martínez) More
Global: TradeWatch (EY) More
Global: Transfer pricing – screenshot translation: view website evidence in the language you want (Borys Ulanenko on LinkedIn) More
Australia: Comments on Shell Energy CGT case – market value of shares (Stuart Landsberg on LinkedIn) More
Australia: Weekly tax round-up (Deloitte) More
Brazil: Comments on Petrobras transfer pricing case (David Zářecký on LinkedIn) More
Canada: Canadian taxpayers may not be able to rely on the presence of hybrid mismatch rules in other jurisdictions to avoid adverse consequences under the Canadian proposals (Neal Armstrong) More
Canada: Draft second budget bill containing remaining tax measures from 2025 budget, including Pillar Two changes (KPMG) More
Croatia and US: How will the US / Croatia protocol play in future planning? (PwC video, 9:05) More
Hong Kong: Draft legislation to strengthen administrative framework for CRS regime (KPMG) More
Italy: Agreement between competent authorities. Case closed, right? Wrong! (Rhys Bane on LinkedIn) More
Malaysia: Summary of court decision – characterisation of service charges and late-payment interest for taxpayer which sells goods on credit (Tax authorities) More
Slovakia: VAT e-invoicing implementation begins January 1, 2027 (KPMG) More
South Africa: South Africa Revenue Service releases draft subordinate legislation for APA pilot program (EY) More
Taiwan: Amounts to be deducted from Basic Income when calculating basic tax (i.e., alternative minimum tax) for profit-seeking enterprises in 2026 (Tax authorities) More
UAE: UAE Tax & customs quarterly newsletter (Alvarez & Marsal) More
US: Guidance on transfer pricing cost allocation methods, including retroactive adjustment (Tax authorities) More
US: IRS reinstates “significant issue” ruling program (PwC) More
US: New York appellate division upholds regulation interpreting P.L. 86-272 (PwC) More
US: Procedures for pharmaceutical companies to apply for onshoring agreements to obtain reduced Section 232 tariff rates (KPMG) More
US: US Court of International Trade adopts narrow interpretation of section 122 (PwC) More
Vietnam: Vietnam launches pilot tax framework for crypto asset transactions (Baker McKenzie) More

Monday, May 11

Global: Guidance on investment tax incentives (OECD) More
Global: Peer review reports on tax transparency and exchange of information on request (OECD) More
Australia: Draft legislation and related documents for News Bargaining incentive (Government) More
Brazil: Guidance on treatment of US LLCs (in Portuguese) (Tax authorities) More
Brazil: Indirect tax reforms – Federal government Decree 12,955/2026 on CBS (in Portuguese) (Government) More
Brazil: Indirect tax reforms – Joint Ordinance MF/CGIBS 7/2026, which requires that CBS and IBS operate in an integrated manner (in Portuguese) (Government) More
Brazil: Indirect tax reforms – Resolution CGIBS 6/2026 on IBS, issued by IBS Steering Committee (in Portuguese) (Government) More
EU: Announcement and related documents on plans to improve EU lawmaking (European Commission) More
EU: Press release on referral of Hungary to European Court of Justice regarding retail tax regime (European Commission) More
EU: Press release on temporary State aid framework in response to Middle East crisis (METSAF) (European Commission) More
France: New Customs Code (in French) (Government) More
France: Supreme Court’s decision on deadlines for claims relating to withholding tax (in French) (Court decision) More
Hungary: Decree which extends suspension of advertising tax (in Hungarian) (Government) More
Ireland: Guidance on investment limited partnerships (Tax authorities) More
Kenya: Comments on Finance Bill 2026 (Bowmans) More
Kuwait: Optional advance tax system (in Arabic) (Government) More
Malaysia: Ruling on exchange rate for sales tax and service tax (in Bahasa Malaysia) (Tax authorities) More
Turkey: Announcement of comprehensive tax reform package (in Turkish) (Government) More
UK: Burlington Loan Management case (interest withholding tax; Art. 12(5) of Ireland / UK treaty) (Court decision) More
UK: Guidance on increase in rate for Electricity Generator Levy (Tax authorities) More
US: Rev. Proc. 2026-21 – reinstatement of practice of issuing “significant issue rulings” for certain corporate transactions (Tax authorities) More

Saturday, May 9

Global: New OECD releases on Global Minimum Tax (GMT) (KPMG) More
Canada: Hunt’s case – whether a “penalty tax” imposed under a tax-free savings account (TFSA) anti-abuse rule is a “penalty” or a “tax” (Kevin Kelly on LinkedIn) More
Malawi: Non-resident digital services providers to register for VAT (KPMG) More
Norway: Norway proposes to introduce mandatory e-invoicing from 1 January 2027 (EY) More
Switzerland: Public consultation on whether Switzerland’s GloBE rules should delay implementation of Administrative Guidance on deferred tax for 12 months (in German) (Government) More
US: IRS reinstates significant issue ruling program for corporate transactions (Deloitte) More
US: Notice 2026-7 offers series of shortcuts in applying CAMT rules (KPMG) More
US: Regulations finalize definition of qualified tips and list of tipped occupations (Deloitte) More
US: Report on recent US international tax developments (EY) More
US: State tax matters (Deloitte) More
US: Trade lines (EY) More
US: US Trade Court: 10% import surcharge under Section 122 is unlawful (KPMG) More
Vietnam: How to start manufacturing in Vietnam: a step-by-step guide (Dezan Shira and Associates) More
Vietnam: Vietnam’s new tax and financial policies taking effect in May 2026 (Dezan Shira and Associates) More

Friday, May 8

Global: References to dynamic international standards and the tax legality principle (Sigrid Hemels) More
Global: Trade talking points (EY) More
Azerbaijan and UAE: UAE-Azerbaijan Comprehensive Economic Partnership Agreement enters into force (EY) More
Canada: Employee ownership trusts are here to stay (EY) More
Canada: Tax matters (EY) More
EU: The automotive supply chain's tax year (Loyens & Loeff) More
India: Conversion of compulsorily convertible debentures not subject to section 56(2)(viib) (tribunal decision) (KPMG) More
Italy: No tax, no treaty exemption? Italian court denies exemption for untaxed gains (BonelliErede) More
Korea and UAE: UAE-Korea Comprehensive Economic Partnership Agreement takes effect (EY) More
Kuwait: Kuwait issues Circular introducing advance payment system under MNE Tax Law (EY) More
Kuwait: Optional advance tax payment for taxpayers subject to DMTT (KPMG) More
Qatar: Qatar approves draft e-invoicing law and implementing regulations (EY) More
Singapore: Registration for Multinational Enterprise Top-up Tax and Domestic Top-up Tax – updated guidance (Tax authorities) More
Thailand: Finance Ministry announces further initiatives to boost electric vehicle adoption (Deloitte) More
US: Interim guidance on prohibited foreign entity restrictions provides clarity while raising questions (PwC) More
US: Targeted IRS rulings for corporate deals: strategic certainty with tradeoffs (Alvarez & Marsal) More

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