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News & Views Archive

Saturday, August 8

Global: 2026 KPMG global tax readiness dividend – How leading tax functions are creating enterprise advantage (KPMG) More
Global: Benchmarking Indirect Tax in a data‑driven era – 2026 KPMG Indirect Tax benchmarking survey (KPMG) More
Global: The five stages of tax disputes: from audit to resolution (KPMG) More
Global: Trade talking points (EY) More
EU: Competing in Europe’s green-industrial transition - Navigating the EU funding landscape in today’s complex new reality (KPMG) More
France: Public country-by-country (CbC) reporting requirements (KPMG) More
Germany: Federal tax court adopts broad interpretation of partnership double deduction rule (Deloitte) More
India: Guidance on implementation of cryptoasset reporting framework (CARF) (KPMG) More
Italy: Tax court decision confirms no DST is due if platform does not act as intermediary (Deloitte) More
Korea: 2026 Tax Revision Bill announced (Deloitte) More
Malaysia: Service tax developments impacting employment services (Baker McKenzie) More
US: Final regulations: Backup withholding on third party network transactions (KPMG) More
US: Report on recent US international tax developments (EY) More
US: Section 232 proclamation establishes minimum import prices and a 15% tariff on polysilicon and derivative products (EY) More
US: State income tax digest – July 2026 (PwC) More
US: State tax matters (Deloitte) More
US: Trade lines (EY) More
US: US adopts minimum import prices, duties, and investment incentives for polysilicon (solar) sector (KPMG) More
Vietnam: Guidance on implementation of the foreign trade management law (KPMG) More

Friday, August 7

Global: Intangibles in group structures: declining royalty arrangements (Paul Sutton on LinkedIn) More
Global: Website evidence does not stay still (Borys Ulanenko on LinkedIn) More
Australia: Consultation on second tranche of capital gains tax, negative gearing reforms legislation (KPMG) More
Brazil: Non-resident businesses likely subject to mandatory NF-e issuance from December 1, 2026, under IBS/CBS e-invoicing implementation calendar (KPMG) More
Brazil: Publication of IBS/CBS e-invoicing implementation calendar under consumption tax reform (KPMG) More
Colombia: 2026 wealth tax for pharmaceutical and health logistics (Baker McKenzie) More
EU: EU tax alert (Loyens & Loeff) More
EU: Permanent Establishments Series #4: Allocation of profits if a PE is considered present – New York office Snippet (Loyens & Loeff) More
EU and Germany: Requiring 100% ownership for VAT grouping incompatible with EU law (General Court decision); other German VAT developments (KPMG) More
France: Ariston case (whether a French subsidiary’s assumption of the full costs of closing a production site, in the context of a group restructuring, constituted an indirect transfer of profits to its Italian parent) (Paris Administrative Court of Appeal) (in French) (TPcases) More
Luxembourg: E-invoicing could become mandatory for domestic B2B transactions as from 2028 (Deloitte) More
Netherlands: Classification of certain foreign legal entities (KPMG) More
Qatar: GTA opens Pillar Two registration service on Dhareeba platform (Deloitte) More
Qatar: Qatar launches Pillar Two registration and notification service through Dhareeba portal (EY) More
UAE: Binding VAT directives on tax transactions (KPMG) More
UAE: Guidance on registration requirements and notification timelines for domestic minimum top-up tax (KPMG) More
UK: UK changes to taxing foreign profits would carry economic risk (Macfarlanes) More
UK: UK government confirms repeal of low-value import relief (KPMG) More
US: IRS updates FAQs on qualified overtime compensation deduction under OBBBA (KPMG) More
US: US Tax Court: Qualified dividend income treatment and FTCs denied under section 246(c) anti-abuse rule (KPMG) More

Thursday, August 6

Australia: Capital gains tax and negative gearing – Tranche 2 legislation – Consultation (Government) More
Australia: Weekly tax round-up (Deloitte) More
China: Interpretation of the individual income tax policies on offshore trusts: Key points and implications of the new rules (PwC) More
Egypt: VAT law amendments change treatment of certain goods and services (Deloitte) More
Ghana: Ghana enacts new investment law substantially affecting technology transfer arrangements (EY) More
Hong Kong: Consultation on enhancing Corporate Treasury Centre concession launched (PwC) More
India: Proposed tax amendments in response to global economic conditions and supply-chain disruptions (KPMG) More
Korea: MOFE announces Korea’s 2026 tax reform proposals (PwC) More
Latin America: Latin American tax news (Joaquin Kersman) More
Poland: Poland publishes draft legislation introducing digital services tax (EY) More
Singapore: GST: Major Exporter Scheme (Eighteenth Edition) (Tax authorities) More
US: The fine print of tariff refunds to international tax (Alex Parker) More

Wednesday, August 5

Global: Industry codes can make a transfer pricing search look narrower than it really is (Borys Ulanenko on LinkedIn) More
Australia: Guidance on income tax, GST treatment of compensation paid to landholders in connection with renewable energy projects (KPMG) More
Canada: Starton Therapeutics effectively continued to the US through creating a new Delaware Holdco to which its shareholders transferred directly or through exchangeable shares (Neal Armstrong) More
EU: Globalized State Aid: Understanding Europe’s Foreign Subsidies Regulation (PwC video, 26:49) More
Hungary: Proposed legislation to implement EU Recovery and Resilience Facility submitted to Parliament (KPMG) More
Netherlands: Dutch Tax Authorities publish new guidance on the qualification of team co-investment and carried interest vehicles as fund for joint account (Loyens & Loeff) More
Philippines: Guidance on enhanced deductions regime (KPMG) More
Poland: Proposed windfall profits tax on liquid fuels referred to Constitutional Tribunal; other tax developments (KPMG) More
UK: Changes to the VAT Capital Goods Scheme (Tax authorities) More
US: 2026 multistate and transaction tax highlights: Q1 and Q2 (Alvarez & Marsal) More
US: Is cost sharing valid under Loper Bright? (Reuven Avi-Yonah on SSRN) More

Tuesday, August 4

Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Global: Regulatory capital in fintech: How it creates value and how to price it (PwC) More
Global: Transfer pricing – discussion of profit allocation within Shell group (David Zářecký on LinkedIn) More
Australia and Netherlands: Payments for software: royalties vs. business profits (Stuart Landsberg on LinkedIn) More
Bahrain: Updated VAT registration, excise registration, and general VAT guides (KPMG) More
China: New IIT regime for offshore trusts (Baker McKenzie) More
Costa Rica, Dominican Republic, Honduras, and Panama: Central America and the Caribbean: Legislative, administrative, and judicial tax developments (June 2026) (KPMG) More
EU: CJEU rules Charter of Fundamental Rights applies in VAT matters (Deloitte) More
Luxembourg: Draft law expanding scope of mandatory e-invoicing (KPMG) More
Luxembourg: Group Financing Company case – whether the partial waiver of interest on an intra-group loan to a financially distressed affiliate, and the deductibility of interest paid on related bonds, complied with the arm’s length principle (Administrative Court decision) (in French) (TPcases) More
Malaysia: Transfer pricing guidance on intra-group loans (Tax authorities) More
UK: HMRC publishes updates to the capital allowances guidelines for compliance (Deloitte) More
UK: Responding to Schedule 36 notices: a practical guide (Slaughter and May) More
UK: Transitional approach to GloBE Information Return filing and exchange (updated) (Tax authorities) More
US: Courts test Treasury’s rulemaking authority (PwC video, 7:05) More
US: Proposed regulations address section 898 transition rules and section 960(d)(4) FTC disallowance (PwC) More

Monday, August 3

Global: 3 new peer review reports on transparency and exchange of information on request (OECD) More
Global: BEPS Action 5 peer review results on preferential tax regimes (OECD) More
Belgium: Guidance on individual income tax aspects of new capital gains tax on financial assets (in Dutch) (Government) More
China: Announcement No. 21 of 2026 on tax treatment of offshore trusts (in Chinese) (Tax authorities) More
EU: Schoger II case (Does Austria’s VAT exemption for services provided between companies in financial, insurance, and pension fund sector, breach EU State aid rules?) (European Court of Justice) (Court decision) More
Germany: Australia / Germany treaty case (German tax liability not triggered by new Australia / Germany treaty) (Federal Tax Court) (in German) (Court decision) More
Germany: Germany / Spain treaty case (German tax liability triggered by new Germany / Spain treaty) (Federal Tax Court) (in German) (Court decision) More
Hong Kong: Announcement of public consultation on Corporate Treasury Centres (Government) More
Hungary: Legislation on amendments to country’s extra profit tax on oil producers (in Hungarian) (Government) More
India: APA Annual report for FY2025-26 (Tax authorities) More
India: Kern Enterprise case (Court allows taxpayer refund of taxes, even though taxpayer made completely different claim) (Madras High Court) (Court decision) More
India: Updated guidance on FATCA and CRS, regarding crypto reporting requirements (Tax authorities) More
Indonesia: PMK-44 on tax proxy requirements (in Bahasa Indonesia) (Government) More
Netherlands: Comparability, to a Dutch company, of a Lebanese joint-stock company (in Dutch) (Tax authorities) More
Poland: President’s statement on 60% windfall tax (in Polish) (Government) More

Saturday, August 1

Global: International tax news (PwC) More
Global: Tax policy quarterly outlook: Q2 2026 (Alvarez & Marsal) More
Belgium: Belgium announces proposed e-reporting requirements beginning in 2028 (EY) More
Chile: Chile tax reform bill moves closer to enactment following congressional approval (EY) More
EU: FASTER: European harmonization will not put an end to national specificities (Deloitte) More
EU: FASTER directive: Key developments and practical considerations (Deloitte) More
EU: The eTRC under FASTER: Beyond the certificate, a new approach to evidence and process (Deloitte) More
India: Consideration received by Mauritius shareholder could not be recharacterized as income from other sources subject to tax in India under Mauritius treaty (tribunal decision); other direct and indirect tax developments (KPMG) More
Israel: Financing structure used in M&A transaction was artificial arrangement to avoid tax on repatriation of local profits (District Court decision) (KPMG) More
Italy: Guidance on Pillar Two compliance (KPMG) More
Luxembourg: Luxembourg moves closer to mandatory B2B e-invoicing (EY) More
Malaysia: Guidance on transfer pricing treatment of intra-group financing arrangements (KPMG) More
Portugal: Portugal approves the Top-up Tax return - Modelo 64 - for Pillar Two purposes (EY) More
US: Proposed regulations: Allocation of foreign taxes following repeal of section 898(c)(2) one-month deferral election and foreign tax credit disallowance under section 960(d)(4) (KPMG) 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 corner (Deloitte) More
US: Trade lines (EY) More

Friday, July 31

Global: Tax policy insights – June 2026 (Alvarez & Marsal) More
Global: Transfer pricing: Impact of contractual risk allocation on economic analysis (Paul Sutton on LinkedIn) More
Belgium: Capital gains tax: Tax authorities issue guidance (Deloitte) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
EU: European Parliament resolution on feasibility of 28th tax regime; FISC public hearing on DAC recast proposal (KPMG) More
EU and France: CJEU referral on compatibility with EU law of French tax on share buybacks (KPMG) More
EU, France, Germany, and Italy: Formal EC notice requesting France, Germany, and Italy to align with PSD; EC updates on DAC9 infringement proceedings (KPMG) More
France: Regulatory framework established for e-invoicing and digital reporting reform (KPMG) More
Hong Kong: Enhanced tax concession regimes for funds, family offices and carried interest (Baker McKenzie) More
Italy: Company effectively managed in Italy and thus subject to Italian corporate income tax (Supreme Court decision) (KPMG) More
Luxembourg: Administrative Court confirms arm's-length nature of debt restructuring (Loyens & Loeff) More
Mexico: SAT invites taxpayers to apply for up to 100% reduction in fines and surcharges (Deloitte) More
Nigeria: Nigeria releases guidelines for Economic Development Tax Incentive, commencing application process for eligible businesses (EY) More
Taiwan: Guidance on the “substantial operating activities” exemption under the CFC rules (Tax authorities) More
Thailand: Thailand’s export control regime: Are your shipments ready? (Alvarez & Marsal) More
UAE: Guidance on application of Pillar Two side-by-side package (KPMG) More
UK: Payments in satisfaction of related party debts treated as non-deductible distributions (Upper Tribunal decision) (KPMG) More
US: Tax Court rejects section 245A limitation (PwC) More
US: Texas Unauthorized Insurance Premium Tax amnesty: Potential opportunity for Non-admitted Captive Insurance Companies and Insureds (Alverez & Marsal) More

Thursday, July 30

Global: New peer review reports on tax transparency and EOIR released (Deloitte) More
Canada: Dept. of Finance releases draft legislative proposals for Budget 2025 and other previously announced measures (EY) More
Canada: Government launches consultation on draft legislation for various tax measures (Government) More
Ghana: Mid-year budget review outlines customs, excise, and VAT measures (KPMG) More
Hong Kong: Public consultation on proposal to enhance tax concession regime for corporate treasury centres (KPMG) More
Italy: Guidance on use of the voluntary disclosure (ravvedimento operoso) mechanism to spontaneously regularize any non-compliance with GloBE reporting and notification obligations (in Italian) (Tax authorities) More
Poland: Digital Services Tax — latest developments and policy direction (EY) More
Saudi Arabia: E-invoicing mandatory for taxpayers with revenue above SAR 187,500 (KPMG) More
South Africa: Update on implementation of advance pricing agreement program (Deloitte) More
US: Tax Court addresses Varian FTC calculation (Baker McKenzie) More
Vietnam: Decree, Circular implementing Personal Income Tax Law (Baker McKenzie) More

Wednesday, July 29

Global: Advance your view: Leading Tax when signals converge (Deloitte) More
Global: Intercompany invoice finance: 4 key distinctions (Paul Sutton on LinkedIn) More
Global: Intragroup service charges usually break in small operational places (Borys Ulanenko on LinkedIn) More
Global: Tax treaty round-up (Deloitte) More
Argentina: New export procedures for hydrocarbons and MERCOSUR origin declarations (KPMG) More
China: Repeal of tax incentives for energy-efficient vehicles (KPMG) More
EU: EU trade update (Deloitte) More
EU: Public country-by-country reporting taxonomy project – updated (European Commission) More
India: CBDT APA Report for FY 2025-26: Record APA signings reinforce India’s tax certainty framework (KPMG) More
Malta: Ensuring compliance: What the MTCA's Annual Report 2025 means for taxpayers (Deloitte) More
Singapore: Updated guidance on Applying for a Certificate of Residence/ Tax Reclaim Form (Tax authorities) More
Spain: Tax newsletter – June 2026 (Garrigues) More
UK: New UK Securities Transfer Tax (Macfarlanes) More
US: USTR imposes section 301 tariffs following forced labour investigations (PwC) More

Tuesday, July 28

Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Global: OECD Corporate Tax Statistics 2026 just dropped - in this update we'll just focus on a few TP highlights (David Zářecký on LinkedIn) More
Global: UN releases draft Framework Convention on International Tax Cooperation and two early protocols (EY) More
Australia: Weekly tax round-up (Deloitte) More
Bahrain: Domestic minimum top-up tax computation guide (KPMG) More
Bahrain: Updated guidance on VAT registration (in Arabic) (Tax authorities) More
Burundi, Kenya, Rwanda, Tanzania, and Uganda: East African Community: Customs and duty changes for the 2026/2027 tax year (KPMG) More
Canada: A guide to Canadian mining taxation (KPMG) More
Canada: CRA finds that a non-resident pharmaceutical company engaged in contract manufacturing in Canada was not carrying on business in Canada (Neal Armstrong) More
Colombia: Tax reform bill (in Spanish) (Government) More
Colombia: Tax reform bill 2026 (KPMG) More
France: French tax authorities publish guidance on September 2026 e-invoicing mandate (EY) More
Italy: New time-stamping requirement for PE accounts (KPMG) More
Netherlands: Dutch Ministry of Finance updates Hybrid Mismatch Decree: broader guidance and new practical examples (Loyens & Loeff) More
Netherlands: Permanent Establishments Series #3: Expanding into Europe through a Dutch BV - New York office Snippet (Loyens & Loeff) More
Netherlands: Policy on hybrid mismatches (in Dutch) (Government) More
Netherlands: Temporary buildings: legal and tax considerations (Loyens & Loeff) More
Poland: Updates to proposed corporate income tax amendments; transfer pricing simplification measures adopted; other tax developments (KPMG) More
Romania: Romania overhauls transfer pricing documentation and APA procedures (PwC) More
Russia and EU: EU adopts 21st package of sanctions against Russia (KPMG) More
US: House taxwriters advance measures on tax-exempt organizations, foreign funding (Deloitte) More
US: OIRA reviews guidance related to FDDEI (Deloitte) More
US: Trade corner (Deloitte) More
US: US Tax Court: Consolidated group’s use of predecessor’s NOLs disallowed under SRLY rules (KPMG) More

Monday, July 27

Global: Comments on OECD consultation on transfer pricing of intra-group services (Tax Executives Institute) More
Global: Draft framework convention on international tax cooperation (UN) More
Australia: Consultation on administrative aspects of critical minerals production incentive (Government) More
Brazil and US: US imposes 25% tariff on certain imports from Brazil (Government) More
Canada and US: US imposes 50% tariff on certain imports from Canada (Government) More
China: Announcement of changes to requirements for special tax treatment of business reorganisations (in Chinese) (Tax authorities) More
EU: Foreign Subsidies Regulation Review Study (European Commission) More
EU: Report on implementation and enforcement of Foreign Subsidies Regulation (European Commission) More
EU: Sampension case – validity of eligibility restrictions on formation of VAT groups – EU VAT Directive (EGC decision) More
Hungary: Guidance on transfer pricing documentation and reporting (in Hungarian) (Tax authorities) More
Mauritius: Alteo Energy case – interest income exemption is not limited to companies whose core business is financing or money lending – consideration of BEPS Action 5 (Privy Council decision) More
Netherlands: Comparability, to a Dutch company, of a Saudi Arabian limited liability company (in Dutch) (Tax authorities) More
Netherlands: Guidance on interaction between CFC rules and participation exemption (in Dutch) (Tax authorities) More
Netherlands: Guidance on treatment of immovable property and mortgage debts under the Belgium / Netherlands double tax treaty (in Dutch) (Tax authorities) More
Poland: APA report, covering 2006-2025 period (Tax authorities) More
US: Keysight Technologies case – Court holds that a Treasury rule in GILTI regulations is invalid, because Treasury lacked the statutory authority to issue the rule – application of Loper Bright principle (Court decision) More
US: Siemens Medical Solutions case – Court holds that a Treasury rule in “dividends received deduction” regulations is invalid, because Treasury lacked the statutory authority to issue the rule – application of Loper Bright principle (Court decision) More
US: US announces new incentive program under which companies investing in US primary aluminum production facilities may qualify to import specified quantities of primary aluminum at a reduced tariff rate (Government) More
Vietnam: Circular 91 on e-invoicing (in Vietnamese) (Government) More
Vietnam: Decree 254 on e-invoicing (in Vietnamese) (Government) More

Saturday, July 25

Global: 2026 status of key Digital Services Taxes (Computer & Communications Industry Association) More
Global: KPMG comments on Proposed Revisions to Chapter VII of the OECD Transfer Pricing Guidelines (KPMG) More
Global: Tax treaty round-up (Deloitte) More
Global: Trade talking points (EY) More
Global: Transfer pricing briefing – Q2 2026 (PwC) More
Belgium: Near-real-time e-reporting of invoicing data to be introduced (Deloitte) More
Canada: CRA rules on applying its formula for prorating foreign tax between a FAPI and non-FAPI business for FAT purposes (Neal Armstrong) More
Chile: Guidance on determining the arm’s length price for intangibles (in Spanish) (Tax authorities) More
Colombia: 2026 Tax Reform Bill (Baker McKenzie) More
Finland: Update on indirect tax developments in May and June 2026 (Deloitte) More
India: Salary costs attributable to PE not treated as head office expenditure subject to domestic deductibility restriction (tribunal decision) (KPMG) More
India: Taxpayer’s refund claim allowed, even though made under statute allowing for foreign tax credits (High Court decision) (KPMG) More
Indonesia: Significant change to tax proxy requirements (Deloitte) More
Singapore: Updated XML schema user guide for CRS return (KPMG) More
US: Notice provides transitional guidance on qualified opportunity zone incentives (Deloitte) More
US: Report on recent US international tax developments (EY) More
US: Rev. Proc. 2026-28: Exemption from Form 990 filing for FIFA foreign participating member associations (KPMG) More
US: State tax matters (Deloitte) More
US: Tax news & views (Deloitte) More
US: Trade lines (EY) More
US: USTR finalizes section 301 forced labour tariffs on 60 economies; additional tariffs of 10% or 12.5% take effect 24 July 2026 (EY) More

Friday, July 24

Global: A transfer pricing benchmark refresh should not always start from a blank page (Borys Ulanenko on LinkedIn) More
Global: New conclusions released on preferential tax regime reviews (Deloitte) More
Global: Opinion Statement CFE 2/2026 on revisions to Chapter VII of the OECD Transfer Pricing Guidelines (CFE Tax Advisers Europe) More
Global: Portal Combat 2: Pillar Two compliance post-mortem (PwC podcast, 50:34) More
Global: Update on draft UN tax convention and protocols (Deloitte) More
India: Capital gains exemptions for MNCs and foreign companies in India (Ascentium) More
Japan: Guidance on GloBE information return (GIR) system (KPMG) More
Luxembourg: Draft legislation introducing OECD side-by-side package (KPMG) More
Saudi Arabia: Saudi Arabia updates tax and zakat guidelines for Regional Headquarters (EY) More
UK: Draft legislation for Finance Bill 2026-2027 includes implementation of Pillar Two side-by-side package (KPMG) More
UK: Final carbon border adjustment mechanism (CBAM) guidance (KPMG) More
US: US tariffs: USTR takes action in forced labour section 301 investigations – USTR press release (Government) More
Vietnam: Vietnam issues new Circular providing guidance on tax treaty application (EY) More
Vietnam: Vietnam’s four new tax decrees: why businesses must treat compliance as an integrated exercise (Ascentium) More

Thursday, July 23

Global: Latest on BEPS and beyond (EY) More
Global: OECD consultation on Chapter VII (intra-group services): submitted comments and key considerations (Loyens & Loeff) More
Global: UN’s draft protocol on prevention and resolution of tax disputes (UN) More
Global: UN’s draft protocol on taxation of cross-border services (UN) More
Belgium: Proposal to introduce e-reporting of invoicing data from 2028 (KPMG) More
Canada and US: Northcut case – Canadian Tax Court finds discrimination contrary to Art XXV:1 of the Canada / US double tax treaty where a US citizen/Canadian resident faced higher Canadian taxation than if not a US citizen (Neal Armstrong) More
Canada and US: US imposes new section 338 tariffs on certain Canadian imports (PwC) More
Chile: How Chile’s Tax Reform Bill could reshape investment planning (Baker McKenzie) More
EU: European Commission publishes its first review report on the Foreign Subsidies Regulation (PwC) More
Germany: New German RETT reform removes double taxation risk on share deals (Hengeler Mueller) More
Romania: New rules on APAs and transfer pricing documentation published (Deloitte) More
UAE: Phased implementation of e-invoicing beginning January 1, 2027 (KPMG) More
US: Legislative update: House Ways and Means Committee approves four bills concerning tax-exempt organizations (KPMG) More

Wednesday, July 22

Global: 2026 edition of Corporate Tax Statistics released (Deloitte) More
Global: AI does not remove judgment from transfer pricing benchmarking. It moves a lot of that judgment earlier. (Borys Ulanenko on LinkedIn) More
Global: An observation on the two drafts released in view of the UN Tax Convention negotiations to be held in the first part of August (Dragoș Dăncău on LinkedIn) More
Global: Corporate tax statistics 2026 (OECD) More
Global: E-invoicing developments tracker (EY) More
Australia: Weekly tax round-up (Deloitte) More
Canada and US: US imposes 50% tariffs on selected Canadian imports (KPMG) More
Canada and US: US imposes additional 50% tariff on certain Canadian imports under section 338 (EY) More
Japan: National Tax Agency: publication of Q&A on consumption tax treatment for cross-border electronic commerce (KPMG) More
UAE: Adjustments following registrant's exit from VAT Group (KPMG) More
UK: Andy Burnham takes office as UK Prime Minister (EY) More
US: Court rejects Treasury’s GILTI regulation (PwC) More
US: More on the tax transparency trend (Alex Parker) More
US: US announces aluminum production incentive program and new defense supply chain requirements for critical materials (EY) More
Vietnam: Summary of recent key tax legislative developments, June 2026 (Deloitte) More

Tuesday, July 21

Global: Findings of OECD’s 6/30 deadline; economic impact assessment (PwC video, 6:36) More
Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Global: The challenge of the Undertaxed Profits Rule (UTPR) in the framework of Tax Treaties. An analysis of legality, tax sovereignty and treaty override (Alfredo Martínez) More
Brazil and US: Brazilian exporters must consider implications of latest US tariffs (EY) More
France: E-reporting requirements for foreign companies without PE (KPMG) More
Italy: GloBE rules – new FAQs (in Italian) (Tax authorities) More
Luxembourg: GloBE rules: Bill to implement Side-by-Side package (in French) (Government) More
Mexico: Updates to digital platform and digital services rules (KPMG) More
Poland: Proposed amendments to excise duty regime; draft regulations for windfall tax reporting; other tax developments (KPMG) More
Qatar: Implementation of excise tax on sugar-sweetened beverages (KPMG) More
Romania: Romania just replaced its 2016 TP documentation rules with Order No. 828/2026, and the shifts are worth unpacking (David Zářecký on LinkedIn) More
Saudi Arabia: Saudi Arabia revises customs duty rates on selected agricultural and food tariff items (EY) More
Singapore: Guidance on grants to encourage GST InvoiceNow adoption (KPMG) More
Singapore: Updated guidance on current areas of GST audits (Tax authorities) More
South Africa: Launch of dedicated webpage on advance pricing agreements (Tax authorities) More
Switzerland: Update on current projects to increase VAT rates (Deloitte) More
Switzerland and UK: Switzerland-UK free trade agreement: What does it mean for businesses? (Deloitte) More
UAE: FTA issues additional compliance requirements for QFZPs with distribution activities (Deloitte) More
UK: “L-Day” 2026: Draft legislation and other announcements (Deloitte) More
UK: Pillar Two: HMRC extends deadline for resubmission of GIRs that failed validation (Deloitte) More
UK: Tax and the City - July 2026 (Slaughter and May) More
US: Final regulations confirm treatment of life insurance policy exchanges (PwC) More
US: Financial services state and local tax newsletter (PwC) More
US: Trade lines (EY) More
US: US incentive program to offer reduced tariff rates on primary aluminum imports for companies investing in domestic smelting (KPMG) More
Vietnam: Tax administration rules effective July 2026 (Baker McKenzie) More

Monday, July 20

Australia: Bill to implement proposed capital gains tax changes for foreign residents (Government) More
Australia: Consultation paper on implementation of proposed 30% minimum tax on discretionary trusts (Government) More
EU: Annual Report on Taxation for 2026 (European Commission) More
EU: Briefing on EU emissions trading system (European Parliament) More
EU: July 2026 infringements package (European Commission) More
EU: Price for CBAM certificates for Q2 2026 set at EUR 75.28 (European Commission) More
EU: Public consultation on proposed regulation concerning sale and purchase of CBAM certificates (European Commission) More
France: Practical guide on e-invoicing (in French) (Government) More
Greece: Law with new tax rules for AIFs, PEs, and investment incentives (in Greek) (Government) More
Korea: Bill to impose 2% digital services tax (in Korean) (Government) More
Luxembourg: Bill on employee stock option plans (in French) (Government) More
Malaysia: Announcement on e-invoice special voluntary disclosure program for certain taxpayers (in Bahasa Malaysia) (Tax authorities) More
Netherlands: Comparability, to a Dutch company, of a Cambodian private or public limited company (in Dutch) (Tax authorities) More
Netherlands: Comparability, to a Dutch company, of a Colombian simplified joint-stock company (in Dutch) (Tax authorities) More
Netherlands: Comparability, to a Dutch company, of a Danish cooperative society with limited liability (in Dutch) (Tax authorities) More
Netherlands: Comparability, to a Dutch company, of a Guernsey protected cell company limited by shares (in Dutch) (Tax authorities) More
Netherlands: Guidance on treatment of licence fees under Australia / Netherlands double tax treaty (in Dutch) (Tax authorities) More
Norway: Public CbC reporting consultation document (in Norwegian) (Government) More
Poland: Legislation on mandatory disclosure rules (in Polish) (Government) More
UAE: Guidance on downward transfer pricing adjustments (Tax authorities) More
UK: Consultation document on new criminal tax offence (Government) More
UK: Consultation document on tax treatment of pre-development costs (Government) More
UK: Draft legislation on proposed mandatory foreign permanent establishment exemption (Government) More
Vietnam: Circular 95 on double tax treaties, MAP, and APAs (in Vietnamese) (Government) More

Saturday, July 18

Global: Report on recent US international tax developments (EY) More
Global: Taxing cross-border services (IMF) More
Global: Taxing the matchmakers: How Digital Services Taxes cascade through online commerce (Tax Foundation) More
Belgium, Luxembourg, and Netherlands: Falling asleep at work after the World Cup final: could this justify disciplinary action? (Loyens & Loeff) More
EU and Sweden: AG opines Swedish rules for dividend withholding tax refund incompatible with EU law (Deloitte) More
Germany: Recent CJEU ruling raises questions about German real estate transfer tax (Hengeler Mueller) More
Malaysia: e-Invoice Special Voluntary Disclosure Programme is available (Deloitte) More
Netherlands: Public consultation on proposed sugar tax (in Dutch) (Government) More
Norway: TotalEnergies case – transfer pricing – intragroup short term sales of gas – CUP method – security of supply – Court of Appeal decision (in Norwegian) (TPcases) More
Portugal: New guidance issued on VAT on construction services and residential property projects (Deloitte) More
Romania: New advance pricing agreement rules (KPMG) More
Sri Lanka: Amendments to VAT Act (KPMG) More
Tanzania: Finance Act, 2026 analysis (EY) More
UAE: Guidance on private clarifications (Tax authorities) More
UK: The securities transfer tax (Slaughter and May) More
US: State tax matters (Deloitte) More
US: Tax news & views (Deloitte) More

Friday, July 17

Global: 2026 M&A Tax Survey Report: Tax as a strategic value driver (Deloitte) More
Global: A benchmark supports a margin. But the margin still has to come from the accounts. That is where many TP files become fragile. (Borys Ulanenko on LinkedIn) More
Global: Economic impact assessment of the global minimum tax – 2026 update (OECD) More
Global: PE watch (EY) More
Australia: Consultation on administrative details of critical minerals tax incentives (KPMG) More
Brazil and US: USTR issues Notice of Action imposing 25% Section 301 tariffs on imports from Brazil, effective 22 July 2026 (EY) More
EU and Luxembourg: AG opines Luxembourg securitization entities are financial undertakings under ATAD (Deloitte) More
France: Compliance expectations during e-invoicing start-up phase (KPMG) More
Italy: Continued application of VAT split payment mechanism confirmed (Deloitte) More
Qatar: Qatar issues decree updating Integrated Customs Tariff (EY) More
UK: “Not currently minded to legislate": the consultation on predevelopment costs after Gunfleet Sands (Slaughter and May) More
UK: Tax news (Slaughter and May podcast, 27:30) More
US: US Court of Federal Claims: Regulations governing allocation of disqualified-basis GILTI amortization deductions held invalid (KPMG) More
Vietnam: Circular 95/2026/TT-BTC on the application of the Advance Pricing Agreement framework (PwC) More
Vietnam: Decree 254 and Circular 91 on electronic invoices (KPMG) More

Thursday, July 16

Global: Global tax policy and controversy watch (EY) More
Global: MNE responses to the Global Minimum Tax (OECD) More
Global: OECD implementation assistance with GloBE rules (Alex Parker) More
Global: Shipping and offshore tax update (KPMG) More
Australia: Updated guidance: R&D activities conducted for an associated foreign corporation (Tax authorities) More
Belgium: Belgian VAT authorities restrict the scope of “non-transfer of own goods” regime for temporary cross-border movements (DLA Piper) More
Canada: Canada Border Services Agency issues July 2026 trade compliance verification list update (EY) More
EU: EU tribunal rules that VAT exemption for credit management by those who granted it does not apply after credit assignment (DLA Piper) More
France: Implementation of mandatory e-invoicing (in French) (Government) More
Germany: Germany draft Annual Tax Act 2026 proposes opt-in VAT grouping regime (DLA Piper) More
Greece: Tax provisions for investment funds and fund managers under new law (KPMG) More
Italy: Barter transactions: Italy finalises the new VAT taxable base rules (DLA Piper) More
Netherlands: Dutch Court confirms application of Dutch VAT medical exemption for commercial medical testing services (DLA Piper) More
UAE: FTA releases compilation of corporate tax private clarifications (Deloitte) More
UK: An opportunity to simplify UK withholding tax on interest (Macfarlanes) More
UK: Consultation on simplifying treaty relief from withholding tax on interest paid overseas (Government) More
UK: Mandatory overseas permanent establishment exemption—draft legislation published (Deloitte) More
UK: UK VAT grouping – Fixed establishment and protection of the revenue (DLA Piper) More
US: US Tax Court: Temporary regulations limiting section 245A dividends-received deduction (DRD) held invalid (KPMG) More
Vietnam: New guidance on tax treaties, mutual agreement procedures, and advance pricing arrangements (KPMG) More

Wednesday, July 15

Global: Temporal information asymmetry: how technology is shaping the future of transfer pricing controversy (Joel Cooper on LinkedIn) More
Australia: Weekly tax round-up (Deloitte) More
Canada: Canada extends steel tariff measures for an additional year (EY) More
Canada: Stern – Tax Court accepts that foreign tax slips were sufficient to evidence that foreign withholding taxes were payable by the taxpayer (Neal Armstrong) More
Dominican Republic: Dominican Republic raises corporate rate, adds withholding taxes and accelerated depreciation (PwC) More
Germany: Draft Annual Tax Act 2026; other VAT developments (KPMG) More
Gibraltar: Gibraltar issues Budget 2026 (EY) More
India: Capital reduction is not subject to buyback taxation (tribunal decision) (KPMG) More
Malaysia: Tax developments focusing on transfer pricing, e-invoicing, and investment incentives (July 2026) (KPMG) More
Mexico: First resolution of amendments to miscellaneous tax resolution for 2026 (KPMG) More
Middle East and Egypt: Biannual tax update: Middle East (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE) and Egypt (Baker McKenzie) More
Poland: Poland enacts substantial amendments to MDR rules (EY) More
Poland: Tax deregulation proposals and court decisions (KPMG) More
US: Accounting for income taxes: Quarterly hot topics (July 2026) (Deloitte) More

Tuesday, July 14

Global: BEPS Action 5: harmful tax competition – What is “substance”? (Jonathan Schwarz on Kluwer International Tax Blog) More
Global: Trade talking points (EY) More
Global: You probably do not need a TP documentation solution (Borys Ulanenko on LinkedIn) More
Australia: Updated guidance addressing global and domestic minimum tax filing obligations (KPMG) More
EU and Italy: EU Council permits Italy to operate split-payment VAT system until June 2029 (EU Council) More
France: Public CbC reporting – rules on format for presentation of information (in French) (Government) More
Greece: Extension of Pillar Two top-up tax returns filing deadline and launch of GIR platform (KPMG) More
India: Comments on Inductotherm transfer pricing case (David Zářecký on LinkedIn) More
India: Vodafone Idea case – transfer pricing – outbound payments of royalty and interest – advertising, marketing and promotion expenditure (TPcases) More
Lithuania: Draft guidance on transfer pricing documentation and determining the arm’s length price (in Lithuanian) (Tax authorities) More
Mauritius: Entitlement to 80% partial exemption on interest income (Privy Council judgment) (KPMG) More
Singapore: Guidance on whether dividend income from Company B that is used for the payment of dividends by Company A to its shareholder is regarded as received or deemed to be received in Singapore under section 10(25) (Tax authorities) More
South Africa: Untangling VAT on gold: Constitutional Court draws hard line on zero-rating (EY) More
UK: New advance tax certainty service officially launched (Deloitte) More
UK: Policy paper: “Introduction of the Side-by-Side package and amendments to Multinational Top-up Tax and Domestic Top-up Tax” (Government) More
UK: UK tax authority will transform transfer pricing risk assessment (Macfarlanes) More
US: Second quarter 2026 state and local tax developments (PwC) More

Monday, July 13

Denmark: Withholding tax refund case – Refund claims for interest and royalty withholding tax submitted by non-residents are subject to 5-year limitation period, rather than the general 3-year period (in Danish) (Court decision) More
EU: Schoger II case – Austria’s VAT broad exemption for services provided between companies in the financial, insurance, and pension fund sector breaches the EU State aid rules (ECJ decision) More
India: Bay Lines case – Intermittent use of premises of an Indian agent (subject to the agent’s permission) does not create a fixed place permanent establishment under the India / Mauritius double tax treaty (Tribunal decision) More
India: Jane Street Capital’s Indian tax battle begins (Poonam Khaira Sidhu on SSRN) More
Ireland: Avaya International case – Foreign royalty withholding tax cannot be deducted as trading expenses – foreign tax credit is the only method for double tax relief (Court decision) More
Mauritius: Alteo Energy case – Interest income exemption is not limited to companies whose core business is financing or money lending – consideration of BEPS Action 5 (Privy Council decision) More
Ukraine: Cyprus interest case – Interest paid to Cyprus company qualifies for reduced withholding tax under Cyprus / Ukraine double tax treaty – beneficial owner – conduit (in Ukrainian) (Court decision) More
US: Keysight Technologies case – Court holds that a Treasury rule in GILTI regulations is invalid, because Treasury lacked the statutory authority to issue the rule (Court decision) More
US: When is a fee a tax? (Reuven S. Avi-Yonah on SSRN) More

Saturday, July 11

Global: Diving in: A strategic roadmap for AI adoption in Tax – AI-enabled tax transformation (Deloitte) More
Global: Riding the wave: A framework to plan for AI – AI-enabled tax transformation (Deloitte) More
Australia: New bill would broaden foreign-resident CGT regime, with transitional CGT concession for renewables (EY) More
Australia: Treasury issues consultation paper on minimum tax for discretionary trusts (Deloitte) More
France: Pillar Two: First GIR filing deadline extended (Deloitte) More
Hong Kong: Hong Kong refines fund and family office tax regime: key changes and implications (Ascentium) More
Tanzania: Income tax and VAT changes for non-resident providers of digital services (KPMG) More
UAE: Using a UAE holding company to invest in Asia: a guide for GCC-based investors (Ascentium) More
Uganda: Tax Appeals Tribunal rejects tax authority's treatment of differences between VAT and income tax amounts (EY) More
US: California: Governor signs bill to expand taxation of prewritten software (KPMG) More
US: Report on recent US international tax developments - 10 July 2026 (EY) More
US: State tax matters (Deloitte) More
US: Trade lines (EY) More
Vietnam: Vietnam updates digital tax regulatory framework with new guidance (EY) More

Friday, July 10

Global: Most transfer pricing benchmark files do a decent job showing the mechanics (Borys Ulanenko on LinkedIn) More
Global: Permanent Establishments Series #2: Data centers and servers (Loyens & Loeff) More
Global: Pillar Two GIR filing extensions and transitional relief (KPMG) More
Australia: Capital gains tax changes for foreign residents introduced to parliament (Deloitte) More
Australia: Consultation on implementation of minimum tax on discretionary trusts (KPMG) More
Botswana: Legislation including increased corporate tax rate, DMTT, and VAT on remote digital services enacted (KPMG) More
Canada: Canada's Tax Court provides clear transfer pricing guidance in ExxonMobil case (EY) More
Canada: Tax matters (EY) More
Denmark: Withholding tax refund claims are subject to five-year limitation period (Supreme Court decision) (KPMG) More
EU: CJEU Advocate General opinion on loss-making non-resident shareholder receiving dividends subject to withholding tax (KPMG) More
EU: CJEU Advocate General opinion that Luxembourg correctly transposed ATAD interest limitation rules (KPMG) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
EU: European Commission publishes (1) ATAD evaluation report and (2) study examining possible reforms to taxation of financial sector (KPMG) More
EU: European Commission publishes July 2026 infringements package (Deloitte) More
EU: European Commission publishes Tax Omnibus proposal – Key potential impacts for the financial sector (PwC) More
EU: European Parliament workshop on possible EU-wide DST (KPMG) More
Germany: Updated guidance on permanent establishments (KPMG) More
Germany: Updated model double tax treaty (in German) (Government) More
Ghana: Ghana Supreme Court clarifies finality of tax objection decisions and limits on successive tax objections (EY) More
Greece: New tax rules for AIFs, carried interest, and investment incentives introduced (Deloitte) More
Malaysia: Revised service tax guide on employment services includes significant changes (Deloitte) More
Mauritius: Privy Council rules on scope of interest income exemption in Alteo Energy case (EY) More
Netherlands: Mutual agreement procedure (MAP) annual report for 2025 (KPMG) More
Poland: Draft legislation introducing windfall tax on liquid fuels; guidance on e-invoice corrections; other tax developments (KPMG) More
Singapore: Updated guidance on withholding tax on specified payments (Tax authorities) More
UK: A new criminal offence for reckless untrue statements in direct tax (Macfarlanes) More
UK: BlueCrest Capital – UK Supreme Court confirms that a salaried partner can be a partner unless deemed to be an employee (Neal Armstrong) More
UK: Draft legislation providing capital gains tax gift holdover relief (KPMG) More
UK: LLP members must be re-classified as employees for tax purposes (Supreme Court decision) (KPMG) More
Ukraine: Interest paid to Cypriot company qualifies for reduced withholding tax rate (Supreme Court decision) (KPMG) More
Vietnam: New transfer pricing decree (in Vietnamese) (Government) More

Thursday, July 9

Global: Global indirect tax news (Deloitte) More
Global: Navigating Q2 2026: Essential income tax accounting insights (Alvarez & Marsal) More
Canada: Updates on 2026 direct and indirect tax rates and other changes for accounting purposes (KPMG) More
Greece: Circular reverses VAT treatment of contracts for differences (Deloitte) More
Honduras: Law restricting sales tax refunds and expanding sanctioning powers held unconstitutional (Constitutional Chamber of Supreme Court decision) (KPMG) More
Kenya: Kenya enacts Finance Act, 2026 (EY) More
Korea: Proposal to extend statute of limitations when companies delay or refuse to submit documents during audits, government review of tax incentives programs; other tax developments (KPMG) More
Latin America: Digital services taxes and their applicability to Latin America (Antoni Bergas on CIATBlog) More
Luxembourg: Luxembourg clarifies taxation of stock options and proposes new tax regime for employee stock options granted by young innovative companies (EY) More
Netherlands: Deductibility of digital services taxes imposed by foreign countries (in Dutch) (Tax authorities) More
UAE: GloBE rules – adoption of OECD guidance (Government) More
US: Accounting methods spotlight – Q2 2026 (PwC) More
US: US State income tax digest – June 2026 (PwC) More
Vietnam: Choosing the right investment structure to maximize corporate tax incentives in Vietnam (Ascentium) More
Vietnam: Updated guidance on various aspects of tax administration (KPMG) More

Wednesday, July 8

Global: Recent trade developments (July 2026) (Deloitte) More
Global: The 4 requirements for robust risk allocation in transfer pricing (Paul Sutton on LinkedIn) More
Australia: Weekly tax round-up (Deloitte) More
China: China announces end of vehicle and vessel tax exemptions for pure electric, plug-in hybrid, and fuel cell commercial vehicles from 1 January 2027 (in Chinese) (Tax authorities) More
Chile: Guidance on deductibility of purchased carbon credits (in Spanish) (Tax authorities) More
Cyprus: Cyprus adopts additional Pillar Two guidance and confirms entry-into-force dates for Side-by-Side package safe harbours; European Commission confirms qualified status of Cypriot IIR (EY) More
EU and US: President Trump calls out DSTs, vows 100% tariffs in response (Deloitte) More
India: Intermittent use of premises of an Indian agent subject to its permission does not create PE (tribunal decision) (KPMG) More
Italy: New consolidated income tax code, effective 1 January 2027 (in Italian) (Government) More
Japan: Japan tax update: tea, tariffs and top-up taxes (PwC podcast, 41:38) More
Kenya: Tax measures in Finance Act, 2026 include CbC reporting changes (KPMG) More
Malaysia: New measures to support e-invoicing initiative (KPMG) More
Mauritius: Proposed tax measures in budget 2026-2027 (KPMG) More
Norway: Consultation launched on implementation of EU public CbC reporting directive (Deloitte) More
Pakistan: Tax and customs measures in Finance Act 2026, including new 5% withholding tax on social media revenue (KPMG) More
Romania: Romania adopts new rules for advance pricing agreements (EY) More
Romania: Romania introduces mandatory annual transfer pricing report submission for large taxpayers (EY) More
Uruguay: Uruguay issues resolution introducing reporting obligations for digital platforms intermediating real estate rentals (EY) More
US: House Ways and Means Committee hearing probes wide range of tax issues in sports (Deloitte) More
US: State and local tax: Redefining the starting line – Q2 2026 (PwC) More
US: Updated GREET model provides clearer picture for section 45Z clean fuel credits (PwC) More
Vietnam: Amendments to transfer pricing framework (KPMG) More

Tuesday, July 7

Argentina: Unified contract registry rules for commodity exports serve as primary transfer pricing control mechanism (KPMG) More
Australia: Legislation excluding tobacco and gambling from R&D tax incentive and reducing fuel excise duties receive Royal Assent (KPMG) More
Australia: Legislation to amend foreign resident capital gains tax and merger control regimes introduced to Parliament (KPMG) More
Australia: Legislation to incorporate elements of Pillar Two agreed administration guidance registered (KPMG) More
Canada: Somerset case – Tax Court of Canada finds that a pre-1972 corporation did not accomplish any substantive CCPC planning by continuing to BVI before a sale (otherwise, DAC would apply) (Neal Armstrong) More
Chile: Transfer pricing guidance for distributors (KPMG) More
EU and Germany: No VAT adjustment for subcontractor with respect to assigned bad debt (General Court decision); other German VAT developments (KPMG) More
Kenya: Legislation exempting internal reorganizations from capital gains tax and expanding eligible special economic zones signed into law (KPMG) More
Luxembourg: Luxembourg bill to introduce a dedicated tax regime for employee stock option plans of young innovative companies (Guilhèm Becvort on LinkedIn) More
Malaysia: Service charges and late-payment interest integrally connected to credit sale transactions and thus taxable as business income (High Court decision) (KPMG) More
Peru: Fourth version of catalogue of tax avoidance schemes (in Spanish) (Tax authorities) More
Portugal: Comment on transfer pricing case – tax authority was economically right… and still lost (David Zářecký on LinkedIn) More
Singapore: Guidance on “economic substance” requirement under section 10L (Tax authorities) More
Sri Lanka: Value Added Tax (Amendment) Act No. 14 of 2026 introduces VAT on non-resident digital service providers (KPMG) More
US: New customs requirements shake up business landscape (PwC video, 9:13) More
US: Pillar Two’s Side-by-Side relief changes the work—not the workload (Deloitte) More
US: State tax matters (Deloitte) More

Monday, July 6

Global: Magnifica Humanitas: What Pope Leo XIV’s Encyclical tells us about digital service taxes (Raffaele Russo) More
Australia: Consultation paper on options “to improve the regulation of accounting, auditing and consulting firms in Australia” (Government) More
Australia: Proposed innovative business CGT concession: Targeted relief for innovative start-ups (Deloitte) More
Australia and EU: Public CbC reports: caution should be used in interpretation (AmCham EU) More
Australia and EU: Public CbC reports: caution should be used in interpretation (National Foreign Trade Council) More
EU: Nova Iberomoldes case – 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 decision) More
EU: Study on VAT framework for financial services (Vol. 1) (European Commission) More
EU: Study on VAT framework for financial services (Vol. 2) (European Commission) More
Germany: Liquidation dividends case – Dividends paid during a liquidation 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 (in German) (Court decision) More
India: IMAX case – remote maintenance services for theatre systems – permanent establishment under Canada / India double tax treaty? (Tribunal decision) More
Singapore: Updated guidance on claiming GST input tax in correct accounting period (Tax authorities) More
UK: Public consultation on impact of digitalised and modernised practices on customs regime (Tax authorities) More
UK: Public consultation on introduction of mandatory registration for customs intermediaries who submit customs declarations on behalf of traders (Tax authorities) More
UK: Supreme Court decides the LLP salaried member rules - but sends BlueCrest back to the First-tier Tax Tribunal (Macfarlanes) More
US: President Trump threatens 100% tariff on imports from countries which introduce digital services taxes – Truth Social post (Government) More
US: US decides not to renew US-Mexico-Canada trade agreement in its current form – USTR’s statement (Government) More

Friday, July 3

Global: Transfer pricing: Time is running out before your 2026 agreements are “set in stone” (Paul Sutton on LinkedIn) More
EU: Last week, the EU published the Tax Omnibus proposal, the clearest sign yet that perhaps the EU is serious about competitiveness (Leonard Wagenaar on LinkedIn) More
Greece: Guidance on submission and exchange of GloBE information returns (GIRs) (KPMG) More
Hong Kong: Government proposes enhancements to stamp duty relief for intra-group transfers (PwC) More
India: Payments for digital advertising facilitated through automated technology taxed as consideration for advertising, not fees for technical services (tribunal decision) (KPMG) More
Italy: 2 new FAQs on GloBE taxation (in Italian) (Tax authorities) More
Luxembourg: New Luxembourg tax bill on taxation of employee stock options (Loyens & Loeff) More
Netherlands: Clarification of comparability for tax purposes of four foreign legal entities with Dutch legal entities (KPMG) More
UK: Distributions from non-UK companies: aligning with UK companies (Slaughter and May) More
UK: HMRC’s consultation on distributions: capital repayments and the end of the “New HoldCo” scheme? (Slaughter and May) More
US: Tax news & views (Deloitte) More

Thursday, July 2

Australia: Legislation amending capital gains tax receives Royal Assent; temporary reduction in fuel excise passes Parliament (KPMG) More
Australia: Monthly tax update (1 July 2026) (PwC) More
Bangladesh: Income tax and VAT measures in Finance Bill 2026 (KPMG) More
EU: Evaluation report on Anti-Tax Avoidance Directive (ATAD) (European Commission) More
Germany: Taxation of fictional earnings on occasion of changes to double taxation agreements (Review of German Federal Tax Court, judgements from 19 November 2025; BFH, Urt. v. 19.11.2025 – I R 41/22, 6/23) (Michel Hoppe on SSRN) More
Korea: Tax rulings and cases (June 2026) (Deloitte) More
Latin America: Latin American tax news (Joaquin Kersman) More
Romania: Government announces new transfer pricing guidance to align with OECD’s Transfer Pricing Guidelines (in Romanian) (Government) More
US: House Ways and Means approves seven tax bills aimed at providing tax relief and improving tax administration; JCT descriptions (KPMG) More
US: Treasury opens new designation cycle for qualified opportunity zones (QOZs) (KPMG) More

Wednesday, July 1

Global: The legal implementation of TNMM / CPM presents specific challenges, because of the special role of third party comparables (Paul Sutton on LinkedIn) More
Africa: Overview of recent tax developments (June 2026) (KPMG) More
Australia: Loss carry-back legislation introduced into parliament (Deloitte) More
Australia: Weekly tax round-up (Deloitte) More
EU and Luxembourg: Tax measures in European Commission tax simplification package most relevant to Luxembourg taxpayers (KPMG) More
Germany: Draft bill for Annual Tax Act 2026 includes proposed Pillar Two, CbC reporting changes; other tax developments (KPMG) More
India: Payments received by U.S. company for web hosting services not royalties subject to withholding tax under U.S. treaty (tribunal decision); other direct and indirect tax developments (KPMG) More
Ireland: Updated guidance on dividend withholding tax on dividends paid to partnerships (Tax authorities) More
Latin America and the Caribbean: Investment tax incentives in Latin America and the Caribbean (OECD) More
Malaysia: Indirect tax chat – June 2026 (Deloitte) More
Nigeria: Significant direct and indirect tax reforms in Nigeria Tax Act (NTA) 2025 (KPMG) More
UAE: Education sector – VAT guide (Tax authorities) More
Vietnam: Government extends payment deadlines for VAT, CIT, PIT and land rent in 2026 for eligible taxpayers (in Vietnamese) (Government) More

Tuesday, June 30

Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More
Global: Tax Policy Insights – May 2026 (Alverez & Marsal) More
Australia: Pre-disposal security arrangements (Tax authorities) More
Canada: Extension of withholding tax relief for taxpayers reimbursing non-resident subcontractors (KPMG) More
Chile: Foreign online betting platforms subject to VAT; other tax developments (KPMG) More
EU: Mutual Agreement Procedure: European Commission Omnibus Proposal (Rhys Bane on LinkedIn) More
Latin America: Brief reflections on the effects of calculating time limits in the context of international tax cooperation (Maria Fernanda Sosa on CIATBlog) More
Malaysia: Service tax and sales tax policy updates (KPMG) More
UAE: Guidance on corporate tax losses (Tax authorities) More
UK: HMRC's new technical consultation on the International Controlled Transactions Schedule (ICTS) (David Zářecký on LinkedIn) More
UK: Tax and the city - June 2026 (Slaughter and May) More
Vietnam: Direct share transfers in Vietnam: capital gains tax rules (Ascentium) More

Monday, June 29

EU: Credit management case (T-184/25) (Are credit management services performed by original lender subject to VAT where underlying loans have been transferred?) (Court decision) More
EU: Guidance on VAT treatment of EUR 3 customs duty and handling fee (European Commission) More
EU: Tax report for first half of 2026 (European Commission) More
Japan: FX case (Does the swapping of one foreign currency for another foreign currency, require taxable gain to be recognised?) (in Japanese) (Court decision) More
Netherlands: Updated Q&A document on GloBE rules (in Dutch) (Tax authorities) More
Norway: Legislation for mandatory digital bookkeeping and e-invoicing requirements (in Norwegian) (Government) More
Sri Lanka: Guidance on collection procedures for withholding tax and advance income tax (Tax authorities) More
Turkey: Decree which extends 0% withholding tax on certain government securities (in Turkish) (Government) More
UK: Consultation on distributions and capital repayments by companies (Tax authorities) More
UK: Lifeplus Europe case (Taxpayer challenge to tax authority transfer pricing information request) (Tribunal decision) More
UK: Policy paper announcing several consultations designed to provide support for physical retail locations, address rise of online shopping, and improve tax compliance (Tax authorities) More
UK: Policy paper on details of increased rate of Electricity Generator Levy from 1 July 2026 (Tax authorities) More

Saturday, June 27

Global: IFRS quarterly tax developments – Q2 2026 (EY) More
Global: Trade talking points (EY) More
Global: Updated “common understanding” on GIR central filing and exchange (OECD) More
Australia: Legislation amending capital gains tax and introduce new tax reform measures passes Parliament, with amendments (KPMG) More
Australia: Updated guidance on mutual agreement procedure (Tax authorities) More
Belgium: GIR portal opens June 29, 2026 (KPMG) More
EU: EU General Court rules that loan and securitization servicing is subject to VAT (EY) More
EU: European Commission's tax simplification package and the future of the Unshell substance tests (Macfarlanes) More
EU: European Commission issues DAC recast proposal (KPMG) More
EU: IPCEIs: A strategic instrument for European industrial policy (Deloitte) More
EU and Germany: European Court of Justice ruling in Nova Iberomoldes expected to have implications for German real estate transfer tax (EY) More
Luxembourg: Luxembourg private funds organised as companies: How to make them fit for purpose? (Loyens & Loeff) More
Malaysia: Extension of special voluntary disclosure programme for stamp duty (KPMG) More
Netherlands: Dutch Supreme Court: no legal redress for Box 3 for non-objecting taxpayers (Loyens & Loeff) More
Netherlands: Taxpayers who did not object to Box 3 (“wealth tax”) assessments within statutory period not entitled to relief (Supreme Court decision) (KPMG) More
Netherlands: Temporary relief for FBIs affected by Dutch tax classification reforms (Loyens & Loeff) More
Uganda: Tax amendments based on 2026/2027 budget passed by Parliament (KPMG) More
UK: Closer scrutiny: how the distributions consultation targets close companies (Slaughter and May) More
UK: HMRC launches expanded “Transfer Pricing and Profit Diversion Compliance Facility” (Deloitte) More
UK: Tax-exempt demergers: relaxing the rules with some strings attached (Slaughter and May) More
US: “Superdeduction” gives tech corps unique choice (Alex Parker) More
US: Introductory guidelines for responsible AI use in US federal tax practice (Tax authorities) More
US: Is your APA strategy ready for the IRS’s acceptance standards? (KPMG) More
US: JCT publishes report on present law related to selected sports industry tax issues (Deloitte) More
US: Report on recent US international tax developments — 26 June 2026 (EY) More
US: SCOTUS rules on tax foreclosure compensation; QOZ transitional guidance to be issued (Deloitte) More
US: State tax matters (Deloitte) More
US: Tax news & views (Deloitte) More

Friday, June 26

Global: Economic Impact Assessment of the Global Minimum Tax, 2026 – registration for webinar (OECD) More
Global: International tax news – June 2026 (PwC) More
Global: It was supposed to be so easy. One global tax, based on one set of rules with harmonised filing obligations, resulting in more tax money collected and less incentive for profit shifting. (Leonard Wagenaar on LinkedIn) More
Global: Permanent Establishments Series #1: Remote & hybrid working (Loyens & Loeff) More
Global: Tax transparency traps (Alex Parker) More
Australia: Updated guidance on permanent establishments (Tax authorities) More
EU: European Commission's Tax Omnibus proposes significant ATAD amendments (PwC) More
EU: European Commission proposal for a recast of the Directive on Administrative Cooperation (Loyens & Loeff) More
EU: European Commission proposes recast of all Directives on Administrative Cooperation (PwC) More
EU: European Commission publishes proposals on Tax Omnibus and DAC recast (EY) More
EU: European Commission publishes Tax Omnibus proposal (PwC) More
EU: General Court of the European Union: Managing transferred loans is subject to VAT (Deloitte) More
India: Taxability determined separately for each partner, based on applicable treaty (tribunal decision) (KPMG) More
UK: Consultation on international controlled transactions schedule (ICTS) (KPMG) More
UK: HMRC package of tax and customs measures aimed at simplification, modernization, and fairness (KPMG) More
UK: Updated guidance on profit diversion compliance facility (KPMG) More
US: IRS provides transitional guidance on Opportunity Zone changes (PwC) More

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

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