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News & Views Archive

Monday, May 5

Global: Navigating TNMM in a post-Pillar 2 world (Ajit Jain on LinkedIn) More
Belgium: Government’s tax plan (in Dutch and French) (Government) More
China: Shanghai court rules in favour of taxpayer in cross-provincial VAT credit dispute (Abe Zhao on LinkedIn) More
EU: IRAP case (C-92/24 to C-94/24) (does Italy’s IRAP breach EU Parent-Subsidiary Directive?) (Advocate General Kokott’s opinion) More
Finland: Fiscal plan for 2026-2029 (Government) More
France: Ruling on withholding tax rules on dividend arbitrage (in French) (Tax authorities) More
Malta: Budget Measures Implementation Act 2025 (Government) More
Switzerland: Announcement of public consultation on GloBE Information Return (in German) (Government) More
US: 2025 Special 301 Report on IP rights protection (Government) More
US: Executive Order on “non-stacking” of certain tariffs on imported articles (Government) More
US: President Trump’s proclamation on reduced tariff rates on imports of automobile parts (Government) More
US: White House fact sheet on reduced tariff rates on imports of automobile parts (Government) More

Saturday, May 3

China: China reportedly exempts select US imports from tariffs, discreetly communicates policy to companies (Regfollower) More
Finland: Comprehensive tax amendments unveiled that aim to boost economic growth (Deloitte) More
Germany: Guidance on new transaction matrix transfer pricing document requirement; other tax developments (KPMG) More
India: Damages received for failure of property development contract not taxable as capital gains (tribunal decision) (KPMG) More
Kenya: Kenya presents 2025 Finance Bill (Regfollower) More
Netherlands: Taxpayers not subject to anti-abuse rule for non-resident taxation of personal holding companies (Supreme Court decisions) (KPMG) More
UK: Consultation on carbon border adjustment mechanism draft legislation launched (Deloitte) More
UK: Package of tax simplification, administration, and reform measures announced (Deloitte) More
UK: Transfer pricing, permanent establishment and diverted profits tax reform – draft legislation (Slaughter and May) More
US: Department of Commerce requests public comments on several Section 232 investigations (Deloitte) More
US: House Republicans edge closer to tax bill rollout in Ways and Means Committee (Deloitte) More
US: Report on recent US international tax developments (EY) More
US: State tax matters (Deloitte) More

Friday, May 2

Global: Trade talking points (EY) More
UAE: VAT: Value of supply – barter transactions (Tax authorities) More
UK: Consultation on draft legislation to reform transfer pricing, PE, and DPT rules (KPMG) More
UK: Consultation on proposals to extend scope of transfer pricing rules to medium enterprises, introduce new reporting requirements (KPMG) More
UK: HMRC opens consultations on transfer pricing with proposals for SME exemption, ICTS and broader TP reform (EY) More
UK: Tariffs and tax – a different perspective (Macfarlanes) More
UK: Updated HMRC guidance on real estate investment trusts (REITs) (KPMG) More

Thursday, May 1

Azerbaijan: Azerbaijan to require VAT registration for non-resident entities providing digital services to individuals (EY) More
Belgium: Proposed capital gains tax on financial assets (KPMG) More
Canada: Effect of 2025 election on potential tax changes (KPMG) More
China: China exempts tariffs on US ethane imports (Regfollower) More
Costa Rica: Consultations on fiscal periods, tax forms, submission of VAT returns (KPMG) More
EU: Member states express concerns regarding Clean Industry State Aid Framework proposal (KPMG) More
EU: Targeted consultation on barriers to EU capital markets integration (KPMG) More
Finland: Consultation on amendments to interest deduction limitation rules for critical entities financing long-term infrastructure projects (KPMG) More
Germany: VAT reforms included in coalition agreement; other VAT developments (KPMG) More
Gibraltar: Proposed changes to income tax anti-avoidance rules (KPMG) More
Lithuania: Tax proposals include corporate tax increase, tax incentives for asset acquisitions and small enterprises (KPMG) More
Malaysia: Deferral of service tax expansion, sales tax review (KPMG) More
Mexico: Guidelines for property tax relief for fiscal year 2025 (Mexico State) (KPMG) More
Pakistan: Corporate and non-corporate registered persons required to register digitally (KPMG) More
Pakistan: Pakistan extends scope of electronic invoicing to corporate and non-corporate registered persons (EY) More
Poland: Clearance opinion approving group restructuring (KPMG) More
UAE: Retroactive implementation of OECD Pillar Two guidance (KPMG) More
UAE: Tax developments impacting family wealth vehicles (Baker McKenzie) More
UK: Implications of the Vermilion decision for fund managers (Baker McKenzie) More
UK: New consultations on transfer pricing, permanent establishments, and diverted profits (Deloitte) More
US: BIS establishes Section 232 steel and aluminum tariff inclusions process (KPMG) More
US: Recent developments in US tariffs on automobiles and articles subject to tariffs (EY) More
US: Trump’s latest executive order eases tariff impact on auto industry (Regfollower) More
US: White House announces adjustments to tariffs on imports of automobile parts (KPMG) More
US: White House issues executive order on tariff non-stacking (KPMG) More

Wednesday, Apr 30

Cyprus: Cyprus introduces documentation requirements for certain payments to non-resident companies (EY) More
Cyprus: “Defensive” tax measures for payments to EU non-cooperative and low-tax jurisdictions (KPMG) More
EU: E-news from KPMG’s EU Tax Centre (KPMG) More
India: Permanent establishment losses deductible against fee for technical services income under Korea treaty (tribunal decision) (KPMG) More
India: Tax treaty override: A critical review of the Income-Tax Bill, 2025 and its implications (Tarun Jain on SCC) More
Italy: Should relief from regional tax on productive activities (IRAP) be provided under the EU Parent-Subsidiary Directive? (CJEU/ECJ Advocate General opinion) More
Poland: Liability of board member for company’s tax debts (CJEU judgment) (KPMG) More
Poland: Property tax exemption does not appear to constitute illegal State aid (CJEU judgment) (KPMG) More
Poland: VAT on granting power of attorney; grid connection fees and contractual penalties as tax-deductible costs (Supreme Administrative Court decisions) (KPMG) More
Saudi Arabia: VAT amendments approved, effective immediately (KPMG) More
UK: Improving HMRC’s approach to dispute resolution (consultation) (Government) More
UK: Permanent establishment and the Investment Management Exemption: proposed reforms (Macfarlanes) More
UK: Reform of transfer pricing, permanent establishment, and diverted profits tax (consultation) (Government) More
US: Department of Commerce requests public comments on several section 232 investigations (Deloitte) More
US: USTR releases 2025 “Special 301 Report” on protecting intellectual property rights (KPMG) More

Tuesday, Apr 29

Global: 2025 Global tax policy survey: Shaping the path forward (Deloitte) More
Global: Electronic invoicing: A Latin American innovation with global reach (CIAT blog) More
Belgium: Government’s tax policy plans (Government) More
China: China reportedly exempts select US imports from tariffs (Regfollower) More
EU & US: EU, US remain far from reaching a tariff agreement (Regfollower) More
France: Tax authorities issue ruling clarifying withholding tax on dividend arbitrage (Regfollower) More
Greece: New law introduces tax incentives for investors and corporate transformations (KPMG) More
India: Guidance on when settlement payments cannot be claimed as deductions (KPMG) More
Poland: Ministry of Finance updates obligatory e-invoicing regulations (EY) More
Singapore: Singapore revises guidelines on withholding tax for specific payments (Regfollower) More
UK: UK tax changes on the horizon (Slaughter and May) More
US: The other retaliatory tax (Reuven Avi-Yonah on LinkedIn) More
US: US Treasury speaks (EideBailly) More

Monday, Apr 28

Global: DSTs statement (South Centre) More
Global: Greenhouse gas emission reductions for large seafaring ships (International Maritime Organisation) More
Global: Report on R&D tax incentives (OECD) More
Canada: Announcement on deferral of corporate income tax and GST/HST payments (Tax authorities) More
Canada: Announcement of new support measures against US tariffs (Government) More
Chile: Announcement on corporate income tax rate reduction “postponed indefinitely” (in Spanish) (Government) More
China: Ongoing tax audit trends and key lessons from a southern China case (Abe Zhao on LinkedIn) More
EU: Consultation document on cross-border tax barriers in capital markets (European Commission) More
EU: DAC9 (ECOFIN) More
Gibraltar: Bill on anti-avoidance amendments (Government) More
Hong Kong: proposal on amendments to draft bill implementing GloBE rules (Government) More
India: Shah case (meaning of “shares” in capital gains article of India / Singapore treaty) (Tribunal decision) More
India: Vanguard case (meaning of “shares” in capital gains article of India / Ireland treaty) (Tribunal decision) More
Ireland: Guidance on general anti-avoidance rule and protective notifications (Tax authorities) More
Italy: Regulation on VAT guarantee required for non-residents (in Italian) (Tax authorities) More
Italy / US: Joint statement on DSTs (Government) More
Lithuania: Proposals on corporate income tax changes (in Lithuanian) (Government) More
New Zealand: Draft guidance on anti-avoidance rule concerning “off-market cancellation” of shares (Tax authorities) More
Norway: Consultation document on proposed interest deduction limitation rules (Government) More
Norway: Luxembourg holding company case (does Lux Co qualify for dividend withholding tax exemption under Norwegian domestic law?) (in Norwegian) (Tax Appeals Board decision) More
Saudi Arabia: VAT guidance (in Arabic) (Tax authorities) More
South Africa: Press release on VAT rate increase withdrawal (Government) More
Taiwan: Announcement on deadline to claim treaty benefits (Government) More
UAE: Determination of whether non-resident company has corporate income tax nexus in UAE (Cabinet Decision) More
UAE: Guidance on interest deduction limitation rules (Tax authorities) More
UK: Announcement on postponement of consultation on predevelopment costs (Government) More
UK: CBAM draft legislation and related documents (Government) More
US: Clarification of exceptions to US tariffs for imports of selected electronic products (Government) More
US: Executive Order on repeal of “unlawful regulations” (Government) More
US: Joint resolution of disapproval to overturn digital asset broker reporting regulations (Government) More
US: Notice 2025-23 on partnership “basis shifting” transactions identified as transactions of interest (Government) More
US: White House fact sheet which mentions 245% tariff on imports from China (Government) More

Saturday, Apr 26

Finland: General government fiscal plan 2026-2029 (Government) More
Finland: Government approves 2026-2029 fiscal plan, introduces corporate tax cut and extended loss carryforward (Regfollower) More
Germany: Building contract modifications increase real estate transfer tax; special depreciation allowance for new residential construction denied (court decisions) (KPMG) More
Hong Kong: Hong Kong proposes favourable amendments to BEPS 2.0 Pillar Two bill (EY) More
India: India expands scope of luxury products subject to tax collection at source (Regfollower) More
Ireland: Ireland’s public consultation on R&D tax credit and options to support innovation runs until 19 May 2025 (EY) More
Malta: Malta enacts Budget Act introducing elective tax and capital deduction rules (Regfollower) More
Netherlands: Tax measures in 2025 Spring Memorandum sent to parliament (KPMG) More
Nigeria: Nigeria plans new investment incentive with multi-year tax credits (Regfollower) More
Philippines: Philippines amends VAT rules for digital services (Regfollower) More
South Africa: VAT-rate increase reversed – VAT rate to remain at 15% from 1 May 2025 (EY) More
US: Report on recent US international tax developments (EY) More
US: State tax matters (Deloitte) More
US: USTR issues Notice of Action after investigating China’s purported targeting of maritime, logistics, shipbuilding sectors – comments due 19 May (EY) More

Friday, Apr 25

Global: Impact of tariffs on transfer pricing (KPMG) More
Ghana: Revenue authority announces VAT implementation on supply of non-life insurance services (EY) More
Italy: Revenue to require a guarantee from non-resident entities with appointed VAT representative seeking registration on VIES (EY) More
Kazakhstan: Kazakhstan considers new tax code amendments, proposes sector-specific rates and VAT increase (Regfollower) More
Luxembourg: EQ LUX case – transfer pricing – interest-free intragroup loan – asserted PE in Malaysia (Administrative Court) (in French) (TPCases) More
Malta: Large taxpayer office established (KPMG) More
South Africa: Withdrawal of proposed VAT increase (KPMG) More
US: CBP implements new duties on Chinese imports (KPMG) More
US: Impact of deregulatory actions on tax guidance (KPMG) More
US: IRS guidance on review and acceptance of APA submissions (KPMG) More
US: IRS, Treasury to scrap basis shifting transaction of interest rules (Regfollower) More

Thursday, Apr 24

Chile: Government announces that proposed corporate tax cut will be postponed indefinitely (in Spanish) (Government) More
Germany: German tax update: freshly served (podcast, 40:52) (PwC) More
Hong Kong: Amendments to draft legislation implementing Pillar Two global minimum tax rules (KPMG) More
India: Transfer pricing framework in MAP agreement cannot extend to other transactions (court decision) (KPMG) More
Libya: Statute of limitations on tax audits and collections repealed (KPMG) More
Middle East: Navigating US tariffs – transfer pricing considerations for MENA multinationals (EY) More
Peru: Airline SA case – transfer pricing – intra-group services – insufficient documentation (Tax Court) (in Spanish) (TPCases) More
Saudi Arabia: Changes to the VAT Implementing Regulations, effective 18 April 2025 (Baker McKenzie) More
Saudi Arabia: ZATCA publishes updated guide clarifying VAT Executive Regulations (Regfollower) More
Uganda: Proposed changes to tax laws, including replacement of 5% DST with 15% withholding tax (KPMG) More
US: BIS requests comments on section 232 investigations of imports of processed critical minerals and imports of trucks (KPMG) More
US: Taxation and the Founding Fathers (Doron Narotzki, Tamir Shanan, and Julianne Jones) More
US: Unveiling the 2024 APA Annual Report: insights and outlook (Baker McKenzie) More
US: What reciprocal and current tariffs may mean for US companies (PwC) More

Wednesday, Apr 23

Global: Intangibles in group structures: declining royalty arrangements (Paul Sutton on LinkedIn) More
Austria: Limitation on application of prohibition on deducting intragroup interest and licence fees (Federal Finance Court decisions); other recent tax developments (KPMG) More
Brazil: Companies in Brazil need to be proactive to comply with Pillar 2 (KPMG) More
Cyprus: Parliament approves amendments to income tax and special defence contribution laws (Deloitte) More
India: India to impose safeguard duty on steel to curb imports from China, South Korea, Japan (Regfollower) More
Israel: Guidelines on CbC report submission for multinational enterprises (KPMG) More
Italy: Guidance for fiscal representatives on eligibility criteria and submission of guarantees (KPMG) More
Italy & US: Italy & US call for non-discriminatory digital services tax (Regfollower) More
Lithuania: Lithuania proposes CIT hike, additional tax measures from 2026 (Regfollower) More
Malta: Elective tax for Pillar Two in-scope companies to be introduced (KPMG) More
Saudi Arabia: Saudi Arabia approves amendments to VAT Implementing Regulations (EY) More
Thailand: Corporate income tax exemption and reduced individual income tax for highly skilled Thai professionals (KPMG) More
US: 245% tariff on imports from China (Sarah Hurzeler on LinkedIn) More
US: What should the Democrats do about taxation in 2029? (Reuven Avi-Yonah) More

Tuesday, Apr 22

Global: Global tax decluttering (Shu-Yi Oei & Diane M. Ring) More
Global: Supply chains may be strengthened with agile global mobility (KPMG) More
Canada: Canada introduces relief for businesses hit by US tariffs (Regfollower) More
Canada: Latest relief measures for Canadian businesses impacted by US tariffs (EY) More
Canada: PM Carney promises tax cuts in election bid (Regfollower) More
China: China cautions countries signing trade deals favouring the US (Regfollower) More
EU: European Commission opens consultation on EU capital markets barriers (Regfollower) More
Germany: Amended list of jurisdictions exchanging country-by-country (CbC) reports (KPMG) More
India: Mutual fund units not company shares for purposes of Singapore treaty (Tribunal decision) (KPMG) More
Luxembourg: Implementation of the EU Mobility Directive in Luxembourg: A game changer for US businesses in Europe (Loyens & Loeff) More
Slovak Republic: Parliament approves draft to amend financial transaction tax (Regfollower) More
Sri Lanka: Value Added Tax (Amendment) Act No 04 of 2025 enacted (KPMG) More
UAE: Interest deduction limitation rules: guidance (Tax authorities) More
UK: Consultation on tax treatment of predevelopment costs postponed (Deloitte) More
US: IRS to waive penalties for some micro-captive disclosures (Regfollower) More
US: Is the UTPR extraterritorial or discriminatory? (Reuven Avi-Yonah) More
US: New Form 6765, changes to research credit reporting (KPMG) More

Monday, Apr 21

Global: Lead contractor / Subcontractor arrangements between related parties (Paul Sutton on LinkedIn) More
Argentina: Argentina establishes procedures for the use of BOPREALs against tax and customs liabilities (EY) More
Belgium: Draft program law includes first series of tax measures included in coalition agreement (KPMG) More
Belgium: New draft qualified domestic minimum top-up tax return form published (Deloitte) More
Canada: Relief for businesses affected by tariffs (KPMG) More
France: VAT exemption threshold reduction for small businesses postponed until June 1, 2025 (KPMG) More
Hong Kong: Conclusion after public consultation on GloBE rules (Government) More
Netherlands: Coherence still required for hedge accounting of fair value hedge for Dutch corporate income tax purposes (Loyens & Loeff) More
Saudi Arabia: Real estate transaction tax law, implementing regulations effective April 9, 2025 (KPMG) More
UK: Guidance removing blanket application of anti-abuse rule to capital contributions resulting in LLP member qualifying as genuine partner (KPMG) More
US: Notice 2025-23: Intent to propose removal of partnership basis shifting transactions of interest (TOI) regulations and withdrawing Notice 2024-54 (KPMG) More
US: Report on recent US international tax developments (EY) More
US: State tax matters (Deloitte) More
US: Trump administration advances plans to impose semiconductor tariffs (Regfollower) More
US: US Tax Court: Contracts were not “options” under sections 1234 and 1234A because taxpayer in substance owned underlying securities (KPMG) More
US: USTR announces actions in section 301 investigation of China’s maritime sector dominance (KPMG) More

Thursday, Apr 17

Global: Pillar Two: Flow-through Entities (part 2): Reverse hybrids (Loyens & Loeff) More
Global: The latest on BEPS and beyond (EY) More
Canada & US: Latest Canada-US trade developments – as of 10 April 2025 (EY) More
Denmark: Proposed legislation to implement cryptoasset reporting (DAC8) (KPMG) More
Dominican Republic: Proposed reduction of tax incentives across multiple sectors (KPMG) More
EU: EU publishes countermeasures against US tariffs while suspending implementation (EY) More
EU: EU tax directives #5: proposed EU Transfer Pricing Directive (Loyens & Loeff) More
France: Transitional reporting and payment arrangements for new tax on capital reductions (in French) (Tax authorities) More
Greece: VAT exemption process for supply and intra-Community acquisition of certain goods (KPMG) More
Ireland: Guidance on general anti-avoidance rule and protective notifications (Tax authorities) More
Italy: Implementation of obligation for non-EU companies operating in Italy through a fiscal representative to submit guarantee (KPMG) More
Italy: Rules provided for guarantee required for certain non-residents to be included in VIES (Deloitte) More
Kenya: Court of Appeal rules VAT is applicable on sale of commercial property (EY) More
Luxembourg: Corporate tax in Luxembourg: what you need to know (Loyens & Loeff) More
Poland: Deductibility of taxpayer’s own loans contributed to company; limitations on real property depreciation (Court decisions) (KPMG) More
Poland: Proposed legislation amending Pillar Two rules (KPMG) More
Poland: Proposed postponement of certain elements of mandatory national electronic invoicing system (KSeF) (KPMG) More
Taiwan: Taiwan issues amendments to extend application period for refunds under income tax treaties (EY) More
UAE: Ministerial Decision: use of OECD Commentary and Guidance on GloBE rules (Government) More
US: Summary of tariff developments as at 15 April 2025 and considerations for importers (Deloitte) More

Wednesday, Apr 16

Global: Global tax developments quarterly: Accounting for income taxes (US GAAP) (Q1 2025) (Deloitte) More
Global: The override of international investment agreements by double taxation conventions in the latest UN Model Tax Convention: Critical comments (Robert Danon and Adolfo Martin Jimenez) More
Global: UN negotiating committee of Framework Convention on International Tax Cooperation releases roadmap and guidelines (EY) More
Argentina: Argentina eliminates most remaining foreign exchange controls (EY) More
Brazil: Brazil enacts bill of law allowing for retaliatory taxation (EY) More
Cyprus: Cyprus introduces defensive tax measures targeting low-tax and “blacklisted” jurisdictions (EY) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
EU: EU pauses countermeasures against US tariffs to allow for negotiations (KPMG) More
Germany: Coalition agreement includes plans for comprehensive tax reforms (KPMG) More
Taiwan: Taiwan extends deadline for tax treaty benefit applications (Regfollower) More
UK: Court of Appeal in WTGIL case holds insurance intermediary provides a single exempt supply (Slaughter and May) More
US: Recent developments in research credit audits and compliance (KPMG) More
US: Trump administration grants reciprocal tariff exceptions for smartphones, computers, and electronics from China tariffs (Regfollower) More
US: Trump overturns digital asset reporting regulations (Regfollower) More
US: US launches investigation into pharmaceuticals and semiconductors (EY) More
Vietnam: Amendments to regulations on electronic invoices (KPMG) More

Tuesday, Apr 15

Global: 2024 progress report released from Platform for Collaboration on Tax (Deloitte) More
Global: Manual for the control of international tax planning: Rules limiting tax base erosion through financial instruments (CIAT) More
Global: OECD/G20 Inclusive Framework issues statement following plenary meeting (EY) More
Global: Statement released on outcomes of inclusive framework’s 17th plenary meeting (Deloitte) More
Australia: Weekly tax round-up (Deloitte) More
Canada: Canada Revenue Agency announces federal and provincial tax payment deferral until 30 June 2025 (EY) More
Chile: Updated list of jurisdictions with preferential tax regimes; other direct and indirect tax developments (KPMG) More
EU: Council adopts DAC9 (KPMG) More
EU: Council formally adopts DAC9 (Deloitte) More
EU: Pillar Two: EU Council adopts DAC9 proposal (Loyens & Loeff) More
Gibraltar: Gibraltar proposes enhancements to its anti-avoidance provisions (EY) More
India: “Land or building” includes leasehold rights; shares held as stock-in-trade versus capital assets; tax rate for private discretionary trusts (court decisions) (KPMG) More
Malaysia: Tax developments (KPMG) More
Spain: Extended deadline for adapting e-invoicing software, new exemption in certain cases of invoicing by recipient or third party (KPMG) More
Spain: Updated tax reporting requirements for financial sector (KPMG) More
US: State tax matters (Deloitte) More
US: US exempts certain electronic products from tariffs under President Trump’s Reciprocal Tariff Policy (EY) More

Monday, Apr 14

EU: Commission proposal to impose trade countermeasures against US obtains necessary support from EU Member States (European Commission) More
EU: Letter to European Commission urging EU to reconsider its position on GloBE rules (Business Europe) More
EU: State aid scoreboard 2024 (European Commission) More
EU: Statement by President von der Leyen (European Commission) More
Germany: Fact sheet on transfer pricing transaction matrix (in German) (Government) More
Germany: Guidance on CbC reporting for transparent partnerships, including on Transitional CbCR Safe Harbour (in German) (Government) More
Ireland: Consultation document on R&D tax credit (Government) More
Netherlands: Decree on use of functional currencies (in Dutch) (Government) More
New Zealand: Consultation document on GST treatment of unincorporated joint ventures (Tax authorities) More
New Zealand: Guidance on appropriate tax governance arrangements (Tax authorities) More
New Zealand: Guidance on GST treatment of fund manager fees (Tax authorities) More
Norway: Government’s position on Amount B (in Norwegian) (Government) More
US: Executive order on 90 days pause on US “reciprocal” tariffs for imports from all countries, except China (Government) More

Saturday, Apr 12

Global: How Pillar Two raises the bar for M&A integration and tax compliance (Deloitte) More
Global: Legal implementation of a CSA / Development CCA (Paul Sutton on LinkedIn) More
Global: Statement following meeting of Inclusive Framework on BEPS (KPMG) More
Global: Transfer Pricing Update Q1 2025 (TPiLab) More
Belgium: Tax return under Pillar Two rules (KPMG) More
China: Trade war escalates: China imposes 125% tariffs on US imports (Regfollower) More
Cyprus: Guidance on VAT treatment of unredeemed expired vouchers (KPMG) More
EU: European Commission adopts updated regulation to enforce DAC7 (Regfollower) More
Germany: Coalition government to lower corporate tax rate amongst other policy changes (Regfollower) More
Japan: 2025 Tax Reform for corporate and international taxation (EY) More
Mauritius: Privy Council’s Judicial Committee overturns Mauritius Supreme Court, holding partnership’s repeated losses didn’t preclude business purpose (EY) More
Poland: Poland gazettes consolidated transfer pricing rules for corporate tax (Regfollower) More
UAE: Tax Authority issues guide on interest deduction limitations (Regfollower) More
US: Congress overturns “DeFi” digital asset reporting regulations (Deloitte) More
US: Executive order directs the repeal of “unlawful regulations” without notice and comment (KPMG) More
US: House clears Senate-passed budget resolution laying out divergent reconciliation framework (Deloitte) More
US: Notice 2025-08: Treasury and IRS update the elective safe harbor for domestic content bonus credit (Deloitte) More
US: Notice 2025-24: Relief from penalties for failure to timely file disclosure statements for micro-captive reportable transactions (KPMG) More
US: President Trump signs into law joint resolution overturning digital asset information reporting regulations (KPMG) More
US: Report on recent US international tax developments (EY) More
US: US suspends President Trump’s reciprocal tariff policy for 90 days, except for China (EY) More
US: White House issues memo directing repeal of unlawful regulations (KPMG) More

Friday, Apr 11

Global: PE watch – Latest developments and trends (EY) More
Global: A global tax meeting (EideBailly) More
Brazil: Proposed contribution for digital content that targets children (KPMG) More
EU: 90 days pause for EU countermeasures on imports from US (European Commission) More
EU: Electronic marketplaces qualify as undisclosed agents pre-2015 amendments (CJEU Advocate General opinion) (KPMG) More
Germany: Germany publishes administrative guidance on Transaction Matrix (EY) More
Poland: New rules for keeping books of account (KPMG) More
Poland: Opinion on amendments to R&D tax relief (KPMG) More
South Africa: Parliament approves 2025 budget with controversial VAT hike (Regfollower) More
Ukraine: Proposed legislation for digital platform reporting and withholding tax requirements (KPMG) More
US: Accounting for Income Taxes Quarterly: Hot topics (Deloitte) More
US: Congress passes 2025 budget resolution allowing up to $4.5 trillion in net tax cuts (KPMG) More
US: Trump pauses tariffs for 90 days for all countries, hits China harder with 125% (Regfollower) More
US: US modifies reciprocal tariff rates in response to trading partner retaliation and alignment (KPMG) More
Vietnam: Draft decree on strategic trade control (Baker McKenzie) More

Thursday, Apr 10

Global: 3 common types of intra-group manufacturing (Paul Sutton on LinkedIn) More
Colombia: Tax authorities establish new rules for the transmission of foreign exchange information (Baker McKenzie) More
EU: EU member states approve trade countermeasures against US (KPMG) More
Germany: Ministry of Finance clarifies application of CbC reporting for transparent partnerships (Regfollower) More
Ghana: Ghana’s Parliament amends tax laws following the 2025 budget statement presentation (EY) More
India: Provisions relating to arrest under customs and GST laws are constitutionally valid (Deloitte) More
Kenya: VAT is payable on commercial property sales (Court of Appeal decision) (KPMG) More
New Zealand: New tax governance guidance (KPMG) More
Poland: Ministry of Finance confirms there will be no further deferral of obligatory e-invoicing (EY) More
Rwanda: Proposed digital services tax (DST) introduced (KPMG) More
US: US increases tariffs on Chinese imports (KPMG) More
US and China: US imposes 104% tariffs on Chinese imports, China retaliates with 84% (Regfollower) More
Venezuela: Decree establishes tax exemption on imports of goods until 30 June 2025 (Baker McKenzie) More

Wednesday, Apr 9

Global: Transfer pricing corresponding adjustments as of right (Jonathan Schwarz) More
Belgium: Capital gains on shares realised by companies: back to uncertainty? (Loyens & Loeff) More
Brazil: New guidelines for e-invoicing layouts due to tax reform (KPMG) More
Canada: Canada announces new countermeasures to US tariffs (Regfolllower) More
China: China requests WTO dispute consultations regarding US reciprocal tariffs (KPMG) More
EU: Application of participation exemption, abuse provision (Nordcurrent case) (CJEU/ECJ judgment) More
EU: Arcomet Towercranes case – transfer pricing – year-end TP adjustments – subject to VAT? (in French) (Advocate General’s opinion) (TPcases) More
India: Revised draft export and import regulations (KPMG) More
New Zealand: Inland Revenue releases final guidance on GST on managed funds (Deloitte) More
US: CBP updates guidance on reciprocal tariffs (KPMG) More
US: Does transfer pricing have a Loper Bright problem? (KPMG) More
US: Withholding retaliation? US Sections 891 and 899 (video podcast, 40:57) (PwC) More

Tuesday, Apr 8

Australia: Weekly tax round-up (Deloitte) More
Bahrain: Action plan approved for 2025-2026 budget, corporate tax to be introduced (KPMG) More
Canada: Canada requests WTO dispute consultations regarding US duties on automobiles and auto parts (KPMG) More
China: China responds with additional tariffs on imports from US (Regfollower) More
EU: Transfer pricing adjustments are subject to VAT (CJEU Advocate General opinion) (KPMG) More
New Zealand: A step in the right direction? The revenue account FIF method is coming (Deloitte) More
New Zealand: Importing goods? (Deloitte) More
New Zealand: Snapshot of recent developments (Deloitte) More
Uganda: Uganda issues Tax Amendment Bills for 2025 (EY) More
US: Executive actions impose sweeping levies on imports (Deloitte) More
US: Tax treatment of futures contracts (KPMG) More
US: Unraveling timing and character of revolver net-back payments (KPMG) More
US: White House executive summary of report on “America First Trade Policy” (KPMG) More

Monday, Apr 7

Australia: Guidance on debt deduction creation rules (Tax authorities) More
Bulgaria: Legislation which amends GloBE rules (in Bulgarian) (Government) More
Finland: Press release on 2 government consultations (forest deduction, and interest deduction limitation rules) (in Finnish) (Government) More
Germany: Guidance on interest deduction limitation rules (in German) (Government) More
Germany: Updated information leaflet on anti-treaty shopping rules (in German) (Tax authorities) More
India: Press release on APAs signed in 2024/25 (Tax authorities) More
Japan: Guidance on innovation box (in Japanese) (Government) More
Luxembourg: Accounting guidance relating to GloBE rules (in French) (Luxembourg accounting board) More
Mexico: Guidelines for “Plan Mexico” tax incentives (in Spanish) (Government) More
New Zealand: Consultation on fringe benefit tax rules (consultation document) (Government) More
New Zealand: Consultation on fringe benefit tax rules (Q&As) (Government) More
Spain: Regulations to implement GloBE rules (in Spanish) (Government) More
Taiwan: Guidance on time at which investment losses (from bankruptcies of invested businesses) should be recognised by profit-seeking enterprise (Tax authorities) More
UK: Finance Act 2025 (Government) More
US: 10% and higher reciprocal tariffs (Annex I) (Government) More
US: 10% and higher reciprocal tariffs (Annex II) (Government) More
US: 10% and higher reciprocal tariffs (Executive order) (Government) More
US: 10% and higher reciprocal tariffs (White House fact sheet) (Government) More
US: Annual APAs report for 2024 (Tax authorities) More
US: End of de minimis tariff treatment for imports from China (Executive order) More
US: End of de minimis tariff treatment for imports from China (White House fact sheet) More

Saturday, Apr 5

Global: Quarterly tax developments – Things to know about Q1 tax developments and related IFRS accounting implications (EY) More
Global: The hole in the global minimum tax (Adam Kern) More
Asia Pacific: The role of Single Sales Entity models in modern business – Focus on Asia (EY) More
Australia: Changes to ATO top 500 program (KPMG) More
Chile: Chile releases new regulations for neutral tax reorganisation regime (EY) More
EU: Advocate-General: TP adjustments may have VAT implications (Loyens & Loeff) More
EU: AG opines on VAT treatment of TP adjustments and VAT deduction documentation (Deloitte) More
EU: CJEU rules on the application of the GAAR under the PSD to national participation exemptions (Loyens & Loeff) More
Germany: Guidance issued on “transaction matrix” transfer pricing documentation requirement (Deloitte) More
Germany: Increased tax audit scrutiny on intra-group data centers (KPMG) More
Ireland: Department of Finance consults on R&D credit, potential measures to foster innovation (Regfollower) More
Poland: Consultation on draft regulation on maintaining tax revenue and expense ledgers (KPMG) More
Poland: Summaries of recent court decisions (time limit for bad debt relief inconsistent with VAT directive; legal activities of family foundations; taxation of free transmission easement; real estate tax issues) (KPMG) More
South Africa: South African VAT rate increase to proceed (EY) More
UK: National insurance and business rates bills receive royal assent (Deloitte) More
UK: UK HMRC allows for unilateral APAs to provide certainty on cost contribution arrangements (EY) More
US: CBP guidance on reciprocal tariffs with April 5 effective date (KPMG) More
US: Report on recent US international tax developments (EY) More
US: Senate poised to clear revised budget plan with split-screen reconciliation framework, but House GOP not yet sold (Deloitte) More
US: State tax matters (Deloitte) More
US: Trump administration announces tariffs on automotive imports and on products of countries purchasing Venezuelan oil and gas, issues further guidance on previously implemented steel and aluminum tariffs (Deloitte) More
US: USTR details reciprocal tariff calculation formula (Regfollower) More

Friday, Apr 4

Global: Digital Service Tax, dual strategy against the US pressure (Raffaele Russo) More
Global: International tax news – March 2025 (PwC) More
Global: Worldwide VAT, GST and Sales Tax Guide 2025 (EY) More
Brazil: Brazil close to enacting bill of law allowing for retaliatory taxation (EY) More
Cyprus: Circular on VAT exemption option for rental property owners published (Deloitte) More
EU: AG opines German higher gift tax on non-resident family foundations aligns with EU law (Deloitte) More
EU & US: US to impose reciprocal tariffs on goods originating from the EU (EY) More
France: Interest paid to shareholders: First 2025 quarterly interest rate limit established (Deloitte) More
Ghana: Tax measures in 2025 budget (KPMG) More
UK: Consultation on new advance tax clearance service for large innovative investment projects following Spring Statement (KPMG) More
UK: Consultation on proposed improvements to advance tax clearance process for R&D claims following Spring Statement (KPMG) More
UK: Costs for preliminary windfarm studies qualified as capital expenditures (Court of Appeal decision) (KPMG) More
UK: Lists of jurisdictions with qualifying income inclusion rules and domestic top-up taxes under Pillar Two rules (KPMG) More
UK: Tax news (podcast, 27:36) (Slaughter and May) More
US: Tariff tremors: Navigating Trump’s trade shake-up (video, 6:29) (PwC) More
US: US imposes reciprocal tariffs against trading partners and ends duty-free treatment for low-value shipments from China (EY) More

Thursday, Apr 3

Global: Beyond the bank: The impact of GIR on non-financial businesses (Deloitte) More
Global: Central record of Pillar Two legislation with transitional qualified status updated (Deloitte) More
Global: Contractual recourse: a key concept in transfer pricing analysis (Paul Sutton on LinkedIn) More
Australia: “Rollover” relief applied to “top hatting” reorganisation (Full Federal Court decision) (KPMG) More
Brazil: Brazil tax update: full inclusion to full immersion (podcast, 50 mins) (PwC) More
Brazil: Brazilian Senate approves bill of law allowing for retaliatory taxation (EY) More
Luxembourg: Luxembourg accounting board issues new Pillar Two Q&A (Loyens & Loeff) More
Slovakia: Input VAT deduction limited to 50% on purchase of motor vehicles and motorcycles (KPMG) More
Spain: Amendments to real estate transfer tax and stamp duty (Catalonia) (KPMG) More
Spain: Regulations under Pillar Two global minimum tax law (KPMG) More
Sri Lanka: Guidance on advance income tax procedures (KPMG) More
UK: Multinational Top-up Tax (Pillar 2 territories, qualifying domestic top-up taxes and accredited qualifying domestic top-up taxes) Regulations – 2025 (policy paper) (Government) More
UK: Multinational Top-up Tax (Pillar 2 territories, qualifying domestic top-up taxes and accredited qualifying domestic top-up taxes) Regulations 2025 (regulations) (Government) More
US: Highlighting pharma (EideBailly) More
US: Highlights of 2024 Advance Pricing Agreement annual report (Deloitte) More
US: Senate Budget Committee releases 2025 budget resolution (KPMG) More
US: White House announces 10% tariff on all countries, effective April 5, 2025 (KPMG) More
US: White House announces end of duty-free de minimis treatment for low-value Chinese imports (KPMG) More

Wednesday, Apr 2

Global: Central record of legislation with transitional qualified status (for purposes of GloBE rules) (March 31 update) (OECD) More
Global: Overview of topics and workstreams discussed at recent meeting of UN Tax Committee (KPMG) More
Global: Who’s paying what, and where? Insights about the global shift toward tax transparency (Luis Wolf Trzcina) More
Australia: Guidance on debt deduction creation rules (KPMG) More
Bulgaria: Amendments to Pillar Two law enacted (KPMG) More
Canada: Elimination of federal fuel charge effective April 1, 2025 (KPMG) More
Canada: MEGlobal case – transfer pricing – request for downward TP adjustment (Tax Court) (TPcases) More
EU: Commissioner outlines EC priorities at 2025 EU Tax Symposium (KPMG) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
EU: Tax aspects of European Commission communication on savings and investments union (KPMG) More
Finland: Guidance on Pillar Two global minimum tax (KPMG) More
Germany: Final guidance on interest deduction limitation rules (KPMG) More
Guatemala: New procedure for requesting VAT credit refunds from central bank (Deloitte) More
Italy: Imposition of IRAP on dividends may be inconsistent with PSD depending on nature of tax (CJEU Advocate General opinion) (KPMG) More
Italy: Supreme Court rules on “look-through approach” for certain medium and long-term loans (Deloitte) More
Namibia: Tax proposals in 2025/2026 budget (KPMG) More
Netherlands: Capital loss upon liquidation of subsidiary allowed (Supreme Court decision) (KPMG) More
New Zealand: Consultation open on potential changes to fringe benefit tax (Deloitte) More
Qatar: Introduction of Pillar Two global minimum tax rules (KPMG) More
Switzerland: Key topics in cost-based transfer pricing models (Deloitte) More
UK: 2025 Finance Act enacted, includes changes to UK Pillar Two rules (KPMG) More
US: Trump announces tariffs on auto imports, countries purchasing Venezuelan oil and gas (Deloitte) More

Tuesday, Apr 1

Bulgaria: Bulgaria officially introduces SAF-T with submissions beginning in 2026 (EY) More
Canada and China: Canada-China trade relations – March 2025 key developments (EY) More
EU: EU tax directives #4: proposed simplification of the EU Corporate Sustainability Reporting Directive (Loyens & Loeff) More
Finland: Public consultation on 2 proposed tax reforms (in Finnish) (Government) More
Germany: Constitutional court confirms solidarity surcharge still in line with constitution (Deloitte) More
Germany: Liability for incorrect tax statements (Federal Tax Court decision); other VAT developments (KPMG) More
Germany: Tax authorities update guidance on application of anti-treaty shopping rules (Deloitte) More
Japan: 2025 tax reform bills, including Pillar Two rules, passed by Parliament (KPMG) More
Taiwan: Timing of recognition of investment losses incurred by enterprises from bankruptcies of invested businesses (Tax authorities) More
US: Exploring tax credit transferability (Deloitte) More

Saturday, Mar 29

Global: Pillar Two: Flow-through entities (part 1): Tax transparent entities (Loyens & Loeff) More
Global: Trade talking points (EY) More
Germany: Transfer pricing documentation requirements for extraordinary business transactions in 2025 (KPMG) More
Greece: Dairy Distributor case – transfer pricing (royalty and licence payments) (in Greek) (TPcases) More
Mexico: Guidelines related to “Mexico Plan” national strategy (Deloitte) More
South Africa: Implications of potential VAT rate increase (KPMG) More
UK: How the taxation of carried interest in the UK is changing (EY) More
US: APA report for 2024 shows consistent number of APAs executed in less time (EY) More
US: GOP leaders eye vote on compromise budget plan that would punt hard choices on tax, spending cuts (Deloitte) More
US: Report on recent US international tax developments (EY) More
US: Senate approves no. 2 post at Treasury, clears digital asset disapproval resolution (Deloitte) More
US: State tax matters (Deloitte) More
US: Ways and Means Republicans reintroduce OECD Pillar Two reciprocity bill (KPMG) More

Friday, Mar 28

Global: Is the digital services tax a tariff? (Michael Devereux) More
Global: The latest on BEPS and beyond – 2024 and beyond in review (EY) More
Australia: Australia’s 2025-26 Budget (EY) More
Canada: Overview of latest tax changes (KPMG) More
EU: Belgium’s group contribution regime – CJEU ruling (Baker McKenzie) More
Finland: Central bank in third country exempt from income tax (Supreme Administrative Court decision) (KPMG) More
Indonesia: VAT and LST facilities for certain electric vehicles, residential properties extended (Deloitte) More
Israel: ITA proposals on attribution of income to R&D centers improve tax certainty for MNEs (Deloitte) More
Qatar: Qatar amends provisions of Income Tax Law No. (24) of 2018 to introduce DMTT and IIR (EY) More
Slovakia: FAQs on financial transaction tax (KPMG) More
Spain: New draft regulation updates requirements for upcoming mandatory e-invoicing for B2B transactions (EY) More
Switzerland: Federal Supreme Court rules fluctuation reserves not tax effective (Deloitte) More
Taiwan: Using Taiwan’s location, industrial strengths to establish just-in-time supply chains (Deloitte) More
Turkey: Turkey announces decision not to implement Amount B under Pillar One (EY) More
US: Announcement 2025-13: US APMA program, APA statistics for 2024 (KPMG) More
US: Final rules would limit taxpayer access to Appeals (Baker McKenzie) More
US: President Trump announces 25% additional tariff on imported automobiles and automobile parts (EY) More
US: Senate passes joint resolution overturning digital asset information reporting regulations (KPMG) More
US: White House announces 25% tariffs on automobile imports (KPMG) More

Thursday, Mar 27

Australia: Hydrogen, critical minerals production tax incentives to commence April 1, 2025 (KPMG) More
Chile: Clarification regarding responsibility for payment of withheld taxes; other direct and indirect tax developments (KPMG) More
Colombia: “Works for Taxes” mechanism implemented for Bogotá (KPMG) More
Cyprus: Notional interest deduction “reference rates” for 2025 (KPMG) More
EU: EU State Aid and the tax allocation of multinationals’ profits (Hugo López and Aitor Navarro) More
Germany: Real estate transfer tax group exemption rule inapplicable to transfer of foreign shares (Federal Tax Court decision); other tax developments (KPMG) More
Greece: Actions published for renewable energy and hydrogen Just Transition investment plans (Deloitte) More
India: Revisions to direct tax amendments proposed by Union Budget 2025 (KPMG) More
Philippines: Government issues implementing rules and regulations for CREATE MORE Act (Baker McKenzie) More
Poland: Retroactive changes to depreciation rates; real estate tax exemption; depreciation for real estate companies; employee reimbursements (KPMG) More
Saudi Arabia: E-invoicing mandatory for taxpayers with revenue above SAR 1 million (KPMG) More
Saudi Arabia: Saudi Arabia announces 22nd wave of Phase 2 e-invoicing integration (EY) More
UK: Key tax highlights of Spring Statement 2025 (Deloitte) More
UK: Spring Statement 2025: No fiscal event, but some developments of interest (Slaughter and May) More
UK: UK Spring Statement defers major tax announcements to Budget in Autumn 2025 (EY) More
US: FinCEN issues Interim Final CTA Regulations limiting BOI reporting rule to foreign companies (Baker McKenzie) More
US: Former USTR Lighthizer tackles trade (video podcast, 5:17) (PwC) More

Wednesday, Mar 26

Global: Fraudulent AI as an agent PE (Lucas de Lima Carvalho) More
Global: New Article 12AA on taxation of services presented for approval (Regfollower) More
Australia: 2025 federal budget (KPMG) More
Australia: Federal Budget 2025-26: Tax developments for business (Deloitte) More
EU: A new era for VAT in the Digital Age (Baker McKenzie) More
EU: EU postpones response to US tariffs until mid-April 2025 (Regfollower) More
Iceland: New reporting obligations for digital platform operators effective January 1, 2025 (KPMG) More
Iceland: Transfer pricing adjustment and penalty upheld (Reykjavik District Court decision) (KPMG) More
Malaysia: E-invoice guideline (version 4.3) (Tax authorities) More
Poland: Fertilizer case – transfer pricing: sale and licence back of trademarks (in Polish) (TPcases) More
Sri Lanka: Legislation introducing various income tax changes enacted (KPMG) More
Tunisia: Guidance on application of 3% withholding tax on online and audiovisual sales (in Arabic) (Tax authorities) More
UK: Court allows appeal on capital allowances relating to technical study expenditure (Deloitte) More
US: Accounting for indemnification arrangements associated with transferable credits (KPMG) More
US: White House announces Secretary of State may impose 25% tariff on goods from any country importing Venezuelan oil (KPMG) More
Vietnam: Vietnam transfer pricing update (DFDL) More

Tuesday, Mar 25

Global: The original sin: Cost sharing in the United States (Elizabeth J. Stevens & H. David Rosenbloom) More
Austria: Transfer pricing guidelines 2021 – Maintenance decree 2025 (in German) (Government) More
Belgium: Federal government agreement: Employment tax reforms (Deloitte) More
Belgium: Non-established entities excluded from B2B e-invoicing mandate (Deloitte) More
Canada: Canada scraps proposed capital gains tax inclusion rate hike (Regfollower) More
Canada: “Equity has no place here”: Should equitable remedies be available to reverse failed tax planning? (Adam S. Hofri-Winogradow) More
EU: EU postpones countermeasures to US tariffs to mid-April 2025 (EY) More
France: Abuse of law through artificial interposition of companies and reclassification of dividends as salaries (French Tax Supreme Court) (Baker McKenzie) More
India: Lowy: the first PPT-case (Melanie Massant) More
Jamaica: Jamaica proposes accelerated capital allowances for certain expenditures and reduced dividend withholding tax rates (EY) More
Moldova: Transfer pricing guidelines (in Romanian) (Government) More
Sweden: Guidance on application of MFN clause in South Africa / Sweden double tax treaty (in Swedish) (Tax authorities) More
US: Overview of final “tech-neutral” credit regulations (Deloitte) More
US: The future of US responses to discriminatory taxes (video podcast, 7:42) (PwC) More

Monday, Mar 24

Armenia: Peer review report on tax transparency and exchange of information on request (OECD) More
Australia: Government’s announcement on managed investment trust (MIT) withholding (Government) More
Bahrain: Updated version of domestic minimum top-up tax registration manual (Tax authorities) More
British Virgin Islands: Peer review report on tax transparency and exchange of information on request (OECD) More
Burkina Faso: Peer review report on tax transparency and exchange of information on request (OECD) More
Côte d'Ivoire: Peer review report on tax transparency and exchange of information on request (OECD) More
Denmark: Bill on extension of scope of interest withholding tax (in Danish) More
Djibouti: Peer review report on tax transparency and exchange of information on request (OECD) More
Estonia: Announcement on 2% corporate income tax to be abolished (in Estonian) (Government) More
EU: Draft State aid framework accompanying Clean Industrial Deal (CISAF) (European Commission) More
EU: ECOFIN’s agreement on decluttering and simplification agenda (European Commission) More
Finland: GloBE rules: detailed explanation of types of taxes taken into account in calculating the effective tax rate (in Finnish) (Tax authorities) More
Finland: GloBE rules: guidance on general principles and goals of GloBE rules (in Finnish) (Tax authorities) More
France: Rubis Energie case (interaction between France’s CFC rules and France / Mauritius treaty) (in French) (Supreme Administrative Court) More
Germany: GloBE rules: Federation of German Industries (BDI, its German acronym) position paper arguing for temporary suspension of EU GloBE Directive (in German) (BDI) More
India: Principal purposes test (PPT) provisions in treaties (Tax authorities) More
Libya: Amendment law abolishing statute of limitations on tax audits and collections (in Arabic) (Government) More
Liechtenstein: GloBE rules: public consultation document on automatic exchange of GloBE Information Returns (in German) (Government) More
Malta: MAP guidance (Tax authorities) More
Norway: Tax commission announcement (in Norwegian) (Government) More
Poland: Legal professional privilege announcement (in Polish) (Government) More
South Africa: VAT on inbound digital services new regulations (Government) More
Switzerland: GloBE rules: guidance on PEs (in German) (Tax authorities) More
Switzerland: Lucerne government announcement on consultation on proposal to introduce qualified refundable R&D tax credit (in German) (Government) More
Tunisia: Guidance on 2% temporary exceptional contribution (in Arabic) (Tax authorities) More
Turkey: Statement describing position on Amount B (in Turkish) (Government) More
UAE: Updated guidance on public and private rulings (Tax authorities) More
US: Redacted private letter ruling on “foreign derived” service income for FDII purposes (Tax authorities) More

Saturday, Mar 22

Global: Pillar Two: January 2025 OECD guidance (part 2) (Loyens & Loeff) More
Global: The UTPR and the (disguised) discrimination under tax treaties (Błażej Kuźniacki and Mees Vergouwen) More
Global: Trump tariffs – Customs valuation and TP impacts and mitigation strategies (Baker McKenzie) More
Antigua and Barbuda: Base Erosion and Profit Shifting Bill 2025 (including CbC reporting and transfer pricing provisions) (Note: Bill includes typos) (Government) More
Canada: Canada is eliminating consumer carbon tax (EY) More
Costa Rica: Consultation on selection and risk criteria for CRS compliance audits (KPMG) More
India: Gujarat Global Capability Center Policy (2025-2030) published (Deloitte) More
Malaysia: Malaysia introduces new consolidated income tax and employer audit framework (Regfollower) More
Netherlands: Liquidation loss allowed notwithstanding use of Irish group relief regime (Loyens & Loeff) More
Serbia: Law on central register of beneficial owners enacted (KPMG) More
South Africa: FAQs – Increase in the VAT rate from 1 May 2025 (Tax authorities) More
Switzerland & US: Announcement 2025-8: Competent authority arrangement under Switzerland-US treaty regarding dividends received by retirement plans (KPMG) More
Tanzania: Guidance regarding submission of beneficial owner information to registrar of companies (KPMG) More
UAE: Guidance on recent amendment to VAT regulation (KPMG) More
UK: Finance Act 2025 receives royal assent (Deloitte) More
US: Chevron unraveled, tax law unleased (Doron Narotzki) More
US: Federal Circuit: “Hatch-Waxman” litigation expenses not capital expenses and may be deducted in year incurred (KPMG) More
US: Report on recent US international tax developments (EY) More
US: State tax matters (Deloitte) More

Friday, Mar 21

Global: Corporate income tax, investment, and the Net-Zero Transition (OECD) More
Global: Database of investment tax incentives in emerging and developing economies updated (Deloitte) More
Global: The Great Economic Reordering: What’s next for global markets (podcast, 40 mins) (PwC) More
Brazil: Government proposes withholding tax on dividends (Deloitte) More
Brazil: Proposed 10% withholding tax on dividends to foreign investors (KPMG) More
Canada: Prime Minister Mark Carney abolishes consumer carbon tax (Regfollower) More
EU: EU Member States reach political agreement on DAC9 (EY) More
EU: European Commission sets conditions and procedures for authorised CBAM declarants (EY) More
Germany: German Federal Central Tax Office publishes new fact sheet on eligibility for relief under anti-treaty shopping rule (EY) More
India: Rights entitlements not company shares for purposes of Ireland treaty (Tribunal decision) (KPMG) More
Nigeria: House keeps corporate tax at 30% and VAT at 7.5% (Regfollower) More
Poland: Minister of Finance issues General Interpretation regarding legal professional privilege in MDR provisions (EY) More
Poland: Poland excludes some EU non-cooperative jurisdictions from harmful tax competition list (Regfollower) More
Thailand: Cabinet approves carbon tax to reduce emissions (Regfollower) More
UAE: Ministry of Finance releases Accredited Service Provider accreditation process and criteria (EY) More
UAE: Public Clarification VATP040 on amendments to VAT Executive Regulations with effect from 15 November 2025 (Baker McKenzie) More
UK: Consultation on future of oil and gas taxation (KPMG) More
US: Final regulations on clean electricity production and investment credits under sections 45Y and 48E (KPMG) More
US: Reconciliation and International taxes (EideBailly) More

Thursday, Mar 20

Global: Investment tax incentives database 2024 update (OECD) More
Global: OECD releases Economic Outlook Interim Report: Steering through Uncertainty (Regfollower) More
Global: The latest on BEPS and beyond (EY) More
Australia: Draft payday superannuation legislation released for consultation (Deloitte) More
Brazil: Government proposes taxing dividends of non-resident shareholders (EY) More
Egypt: Amendments to tax procedures; tax incentives for small businesses (KPMG) More
Indonesia: New framework for tax audit regulation implemented (Deloitte) More
Italy: Council of Ministers approve tax reform adjustments, bans e-invoicing for healthcare professionals (Regfollower) More
Mongolia: Mongolia considers draft bill to lower VAT (Regfollower) More
Netherlands: Clarification on application of Dutch participation exemption in relation to Dutch transfer pricing mismatch legislation (Loyens & Loeff) More
Poland: Certain EU non-cooperative jurisdictions not included in list of countries applying harmful tax competition (KPMG) More
Poland: Re-registered entity qualifies as taxpayer starting business activities for corporate income tax purposes (Supreme Administrative Court decision) (KPMG) More
South Africa: South Africa publishes amendments excluding certain business-to-business transactions from scope of electronic services for VAT purposes (EY) More
Thailand: Carbon tax on oil approved by Cabinet (KPMG) More
Thailand: Reduced corporate tax rate for special economic zones approved by Cabinet (KPMG) More
Turkey: Turkey raises minimum threshold for VAT refund claim (Regfollower) More
UAE: Accreditation process for e-invoicing (KPMG) More
US: OFAC amendments to Reporting, Procedures and Penalties Regulations (KPMG) More

Wednesday, Mar 19

Global: Effect of digital transformation on transfer pricing (KPMG) More
Global: Global tax decluttering (Shu-Yi Oei and Diane M. Ring) More
Global: New peer review reports on tax transparency and EOIR released – on Armenia, BVI, Burkina Faso, Côte d’Ivoire, and Djibouti (Deloitte) More
Brazil: Brazil to tax overseas distribution of corporate profits (Regfollower) More
Colombia: Customs sanctioning scheme held unconstitutional (Constitutional Court decision) (KPMG) More
Denmark: Various tax amendments enacted (KPMG) More
Denmark: VAT amendments relating to copyright licensing (KPMG) More
EU: E-News from KPMG’s EU Tax Centre (KPMG) More
EU: What to expect from the EU Carbon Border Adjustment Mechanism? (OECD) More
France: Retroactive application of exit tax incompatible with EU law (Supreme Administrative Court decision) (KPMG) More
Ghana and Nigeria: Tax developments in Ghana and Nigeria in FY2024 (KPMG) More
Hungary: New import VAT deduction requirements include partner due diligence obligations (KPMG) More
Iceland: Íslenska case – transfer pricing: cost plus method: fixed vs. variable costs (TPcases) More
Italy: Iprona case – transfer pricing: application of CUP method (TPcases) More
Italy: Ministerial decree on GloBE information return (GIR) notifications (KPMG) More
Mongolia: Mongolia announces VAT reforms for 2025 (Regfollower) More
Slovenia: Revised law project mandating e-invoicing (KPMG) More
South Africa: Tax measures in 2025/2026 budget (KPMG) More
Spain: European Commission’s March infringement package targets Spain on royalty withholding tax and capital gains tax issues (Regfollower) More
Switzerland: Consultation on proposal to introduce qualified refundable R&D tax credit (canton of Lucerne) (KPMG) More
Tunisia: Guidance on application of temporary exceptional contribution introduced by Finance Law 2025 (in Arabic) (Tax authorities) More
UAE: Guidance on VAT amendments (Tax authorities) More
UK: Court of Appeal’s decision in Gunfleet Sands: a boost to the UK government’s infrastructure drive (Slaughter and May) More
UK: HMRC webinar on common risks in transfer pricing approaches (Baker McKenzie) More
US: How Trump’s tariffs could impact US companies (PwC) More
US: The past and future of taxing “income” (Clint Wallace and Bret Wells) More
US: Was the NIIT a treaty override? (Reuven Avi-Yonah) More

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