Note: The EY documents require registration.

​​​​​​​​​

​​​​​​​​​​​​​​​

Saturday, May 9​

• Global: New OECD releases on Global Minimum Tax (GMT) (KPMG) More

• Canada: Hunt’s case – whether a “penalty tax” imposed under a tax-free savings account (TFSA) anti-abuse rule is a “penalty” or a “tax” (Kevin Kelly on LinkedIn) More

• Malawi: Non-resident digital services providers to register for VAT (KPMG) More

• Norway: Norway proposes to introduce mandatory e-invoicing from 1 January 2027 (EY) More

• Switzerland: Public consultation on whether Switzerland’s GloBE rules should delay implementation of Administrative Guidance on deferred tax for 12 months (in German) (Government) More

• US: IRS reinstates significant issue ruling program for corporate transactions (Deloitte) More

• US: Notice 2026-7 offers series of shortcuts in applying CAMT rules (KPMG) More

• US: Regulations finalize definition of qualified tips and list of tipped occupations (Deloitte) More

• US: Report on recent US international tax developments (EY) More

• US: State tax matters (Deloitte) More

• US: Trade lines (EY) More

• US: US Trade Court: 10% import surcharge under Section 122 is unlawful (KPMG) More

• Vietnam: How to start manufacturing in Vietnam: a step-by-step guide (Dezan Shira and Associates) More

• Vietnam: Vietnam’s new tax and financial policies taking effect in May 2026 (Dezan Shira and Associates) More

​

​

Friday, May 8

• Global: References to dynamic international standards and the tax legality principle (Sigrid Hemels) More

• Global: Trade talking points (EY) More

• Azerbaijan and UAE: UAE-Azerbaijan Comprehensive Economic Partnership Agreement enters into force (EY) More

• Canada: Employee ownership trusts are here to stay (EY) More

• Canada: Tax matters (EY) More

• EU: The automotive supply chain's tax year (Loyens & Loeff) More

• India: Conversion of compulsorily convertible debentures not subject to section 56(2)(viib) (tribunal decision) (KPMG) More

• Italy: No tax, no treaty exemption? Italian court denies exemption for untaxed gains (BonelliErede) More

• Korea and UAE: UAE-Korea Comprehensive Economic Partnership Agreement takes effect (EY) More

• Kuwait: Kuwait issues Circular introducing advance payment system under MNE Tax Law (EY) More

• Kuwait: Optional advance tax payment for taxpayers subject to DMTT (KPMG) More

• Qatar: Qatar approves draft e-invoicing law and implementing regulations (EY) More

• Singapore: Registration for Multinational Enterprise Top-up Tax and Domestic Top-up Tax – updated guidance (Tax authorities) More

• Thailand: Finance Ministry announces further initiatives to boost electric vehicle adoption (Deloitte) More

• US: Interim guidance on prohibited foreign entity restrictions provides clarity while raising questions (PwC) More

• US: Targeted IRS rulings for corporate deals: strategic certainty with tradeoffs (Alvarez & Marsal) More

​

​

Thursday, May 7​

• Global, EU, Greece, and Sweden: Shipping and offshore tax update (KPMG) More

• Africa and China: China announces 0% tariffs on imports from 20 African countries (in Chinese) (Government) More

• Australia: Pillar Two lodgments now available in Australia (Tax authorities) More

• Brazil: Impact of indirect tax reform on non-resident sellers and digital platforms (KPMG) More

• Canada: Government introduces to parliament Budget 2025 Implementation Bill, No. 2 (Government) More

• Chile: Chile proposes tax reform bill with investment implications for foreign investors (EY) More

• EU: Temporary State aid framework in response to Middle East crisis (KPMG) More

• Kenya: Government releases Finance Bill 2026 (Government) More

• Korea: Guidance on filing requirements for GloBE tax (in Korean) (Tax authorities) More

• Serbia: Amendments to Rulebook on VAT (KPMG) More

• US: APAs in 2025: Surprising success, with challenges for the future (KPMG) More

• Vietnam: Summary of recent key tax legislative developments, April 2026 (Deloitte) More

​

​

Wednesday, May 6

• Global: Comments on limited usefulness of AI for tax advice (Leonard Wagenaar on LinkedIn) More

• Global: The digital tax gulf (Alex Parker) More

• Australia: Consultation on draft amendments to global and domestic minimum tax rules (KPMG) More

• Australia: Weekly tax round-up (Deloitte) More

• China and US: USTR initiates second four-year review of China Section 301 tariffs (KPMG) More

• India: Receipt of shares from subsidiary in exchange for additional equity investment not subject to section 56(2)(x)(c) (tribunal decision) (KPMG) More

• Indonesia: Government to temporarily bear VAT imposed on domestic airline flights (Deloitte) More

• France: Country-by-country reporting: List of cooperative jurisdictions updated (Deloitte) More

• Latin America: Latin American tax news (Joaquin Kersman on LinkedIn) More

• Netherlands: Tax bill clarifies treatment of qualifying domestic top-up taxes for participation credit (in Dutch) (Government) More

• Singapore: Guidance on income tax treatment of amalgamation of companies (Tax authorities) More

• South Africa: Public consultation on implementation of bilateral APAs under double tax treaties (Government) More

• Turkey: Turkey amends certain income tax and corporate tax exemptions and deductions (EY) More

• US: Rev. Proc. 2026-21: Establishment of significant issue ruling program for certain corporate transactions (KPMG) More

​

​

Tuesday, May 5

• Global: First Pillar Two filings face readiness test (PwC video, 9:24) More

• Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More

• Belgium: Incorporation of Amount B guidance; technical documentation on GloBE information return (KPMG) More

• Brazil: Brazil publishes IBS and CBS regulations, marking start of operational phase of indirect tax reform (EY) More

• Canada: Federal Court of Appeal finds that a trading activity was not in pursuit of profit and, thus, not a source of income where its purpose was to generate a loss (Neal Armstrong) More

• China: Guidance on application of GloBE rules in Denmark, Ireland, and UAE (in Chinese) (Government) More

• Cyprus: Transfer pricing – TP documentation thresholds (David Zářecký on LinkedIn) More

• Finland: Public consultation on proposal to reduce corporate income tax rate by 2 percentage points to 18% in 2027 and to extend loss carry-forward period to 25 years (in Finnish) (Government) More​

• Nigeria: Nigeria introduces Economic Development Incentive under Nigeria Tax Act 2025 to replace Pioneer Status Incentive (EY) More​

• Saudi Arabia: Saudi Arabia invites public consultation on Draft Regulations for Special Economic Zones (EY) More

• South Africa: Absa Bank case – applicability of GAAR – does ignorance of avoidance arrangement shield taxpayer from GAAR? (Constitutional Court decision) More

• South Africa: BASF case – transfer pricing – intragroup purchase of goods – TNMM vs. CUP – comparables (High Court) (TPcases) More

• South Africa: Draft rules for APA program released for public comment (KPMG) More

• Sri Lanka: VAT on non-resident digital service providers effective July 1, 2026, other VAT amendments (KPMG) More

• Switzerland: Withholding tax exemption for instruments issued by financial institutions that are “too big to fail” (TBTF) extended to 2031 (in French) (Government) More

• US: Signing of Protocol to US-Croatia treaty suggests significant development on US treaty program (PwC) More

​

​

Monday, May 4

• Global: OECD: Global Minimum Tax Implementation Toolkit published (Deloitte) More

• Global: OECD releases new toolkit to support consistent implementation of the global minimum tax (OECD) More

• Global: Pillar Two and tax incentives (KPMG) More

• Global: What’s hidden in the latest OECD P2 FAQ? (Priscilla Koh on LinkedIn) More

• Australia: Consultation on draft legislation introducing news media bargaining incentive charge (KPMG) More

• Australia: Monthly tax update (PwC) More

• Canada: Bill C-30 (Spring Economic Update 2026 Implementation Act) - key tax measures and effective dates (EY) More

• Canada: Canadian government tables Federal Spring Economic Update 2026 (EY) More

• Canada: Tax highlights from the Spring Economic Update 2026 (Deloitte) More

• France: New tax on capital reductions from cancellation of shares upheld (Constitutional Council decision) (KPMG) More

• India: Capital gains from trading of stock derivatives not taxable under Mauritius treaty (tribunal decision); other direct and indirect tax developments (KPMG) More

• Italy: VAT refund opportunities until 9 August 2026 for transaction costs in merger-leveraged buyout transactions (EY) More

• Korea: NTS sends Pillar Two filing guidance notices to domestic constituent entities (Deloitte) More

• Korea: Tax rulings and cases (April 2026) (Deloitte) More

• Rwanda: Rwanda introduces transfer pricing documentation filing requirement via eTax enhancement (EY) More

• Taiwan: Guidance on qualification of salary expenditures for investment tax credit (KPMG) More

• Turkey: Presidential decree amends participation exemption (in Turkish) (Government) More

• Turkey: Turkey announces "Strong Investment Hub Program" including wide range of tax measures to support investments (EY) More

• UK: Increased and extended electricity generator levy (KPMG) More

• UK: Windfarm pre-construction expenses did not qualify for capital allowance; anti-avoidance provision of Ireland treaty inapplicable; ring-fence taxation for services related to oil extraction (Court decisions) (KPMG) More

• US: Court of Appeals rules against Liberty Global citing economic substance doctrine (PwC) More

• US: Indirect tax digest (PwC) More

• US: Notice 2026-17 revives prior section 987 approach (Baker McKenzie) More

• US: Report on recent US international tax developments (EY) More

• US: State tax matters (Deloitte) More

• US: Trade lines (EY) More

• US: USTR releases 2026 “Special 301 Report” on IP rights (KPMG) More​

​

​

Thursday, April 30

• Global: Data-driven decisions: AI elevates transfer pricing strategy (PwC podcast, 35:16) More

• Global: International tax news (PwC) More

• Global: New peer review reports on tax transparency and EOIR released (Deloitte) More

• Africa: VAT implementation in Liberia starts in 2027; other recent tax developments in Angola, Botswana, Congo, Liberia, Madagascar, Namibia, South Africa, and Uganda (KPMG) More

• Asia Pacific: Asia Pacific financial services tax highlights (PwC) More

• Australia: Comments on proposed 2.25% news media charge (Stuart Landsberg on LinkedIn) More

• Australia: Government releases draft legislation for a News Media Bargaining Incentive charge (Deloitte) More

• Canada: Identifying an imported mismatch arrangement may require complex or impossible determinations as to foreign arrangements (Neal Armstrong) More

• Chile: Chile unveils major tax reform to boost economic recovery, support national reconstruction (Regfollower) More

• EU: European Commission publishes April 2026 infringements package (Deloitte) More

• EU and Hungary: Commission refers Hungary to CJEU over retail tax regime (KPMG) More

• India: Issue relating to applicability of treaty tax rate for computing Dividend Distribution Tax liability to be referred to larger bench of Bombay High Court (KPMG) More

• Indonesia: Corporate income tax calculation for insurance companies for FY 2025 clarified (Deloitte) More

• Malaysia: Malaysia Sales and Service Tax compliance: What foreign investors must get right (Dezan Shira & Associates) More

• Malaysia: Ruling issued on foreign exchange rate for sales tax and service tax purposes (Deloitte) More

• Mexico: Mexico tax update: Nearshoring, audits, and treaty twists (PwC podcast, 36:17) More

• Serbia: Rulebook on arm’s length interest rates for 2026 (KPMG) More

• Romania: Romania consults on new mutual agreement procedure (MAP) rules (Regfollower) More

• Turkey: Economic reform package expands tax incentives for investors, exporters (Regfollower) More

• UAE: Voluntary e-invoicing model enables direct exchanges between sellers and customers (KPMG) More

• US: Senate Finance Ranking Member Wyden introduces bills dealing with carried interest, derivatives, grantor trusts, and insurance contracts (PwC) More

​

​

Wednesday, April 29

• Global: Global e–invoicing developments tracker (EY) More

• Global: Tax policy insights (Alvarez & Marsal) More

• Argentina: Expansion of factory customs regime (KPMG) More

• Australia: ATO issues updated guidance on TP issues related to inbound distribution arrangements (Deloitte) More

• Australia: Comments on draft legislation to strengthen capital gains tax rules for foreign residents – including that any retroactive application of draft legislation is unwarranted (KPMG) More

• Australia: Weekly tax round-up (Deloitte) More

• France: List of noncooperative states and territories updated (Deloitte) More

• Germany: Legislation to expand MLI to 62 additional treaties passed by lower house of Parliament; other tax developments (KPMG) More

• Hungary: Hungary maintains 0% advertising tax rate despite earlier reinstatement plans (Regfollower) More

• India: A comparative study of the Income-tax Act, 1961 and the Income Tax Law, 2025 (Krativ Raj Pathak) More

• India: Interjecting unilateral Indian GAAR inquiries in cross-border setting: Revisiting tax normativism post Tiger Global (Tarun Jain) More

• Montenegro: Montenegro proposes draft corporate tax rules in accordance with EU ATAD (Regfollower) More

• South Africa: Revised guidance on section 24C relating to timing mismatches of income and expense (KPMG) More

• Thailand: Thailand BOI Alert on the period for filing progress reports (Alvarez & Marsal) More

• UK: HMRC proposes CCA scheme expansion, carbon factor update from 2027 (Regfollower) More

• US: House passes seven bills aimed at providing taxpayer assistance and improving tax administration (KPMG) More

• US: Proposed digital asset legislation signals evolving tax framework (PwC) More

• Vietnam: Guidance on customs procedures and tax declarations (KPMG) More

​

​

Tuesday, April 28

• Global: Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) More

• Global: Practical guidance on investment tax incentives released by OECD (Deloitte) More

• Belgium: Intragroup trade name royalties: recent transfer pricing case law (Loyens & Loeff) More

• Brazil: Petrobras case – transfer pricing – comparability analysis – Administrative Council for Tax Appeals (in Portuguese) (TPcases) More

• EU: European Commission publishes minutes from 42nd meeting of VAT Expert Group (VEG) (EY) More

• EU and Germany: Application of reduced VAT rate to short-term accommodations, but not ancillary services, allowed (CJEU judgment); other VAT developments (KPMG) More

• EU and Russia: EU adopts 20th package of sanctions against Russia (KPMG) More

• France: France adopts new Customs Code, effective from May 2026 (Regfollower) More

• Ireland: Updated guidance on R&D tax credits (Tax authorities) More

• Luxembourg: Trend alert: Preferred instruments - hybrids that talk equity, walk debt (Loyens & Loeff) More

• Netherlands: Netherlands to launch digital platform for Pillar Two tax submissions in June 2026 (Regfollower) More

• Norway: Supreme Court rules TP adjustment must be based on both thin cap and interest rate (Deloitte) More

• Qatar: Excise tax changes include expansion to include sweetened drinks (Deloitte) More

• Singapore: Updated guidance on tax framework for variable capital companies (Tax authorities) More

• US: Trade lines (EY) More

​

​

Monday, April 27​

• Australia: Practical compliance guideline on transfer pricing issues related to inbound distribution arrangements (Tax authorities) More

• Australia: Press release on foreign resident capital gains tax (Government) More

• Belgium: Bill to implement digital services tax (in Dutch and French) (Government) More

• Colombia: Additional tax measures enacted under state of economic emergency declared unconstitutional (in Spanish) (Court’s press release) More

• India: Globe Capital Market case (buy-back of shares by company at undervalue) (Court decision) More

• Kenya: Bill on tax exemption for qualifying asset transfers as part of internal reorganisation (Government) More

• Luxembourg: Guidance on Amount B (in French) (Tax authorities) More

• UK: Gunfleet Sands case (does pre-construction expenditure on environmental impact assessments and other technical studies qualify for capital allowances?) (Court decision) More

• Vietnam: Official Letter on tax audits for long-term loss-making and low-margin enterprises (Tax authorities) More​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​