Note: The EY documents require registration.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

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Global​​​​​

• OECD releases Public Consultation Document on “Revisions to Chapter VII of the OECD Transfer Pricing Guidelines” (EY) (June 6) More

• OECD working paper released on potential impact of population aging on tax revenue (Deloitte) (June 6) More

• Beyond cost-plus: OECD rewrites the rules on intra-group services (PwC) (June 5) More

• Intragroup services look easy until month-end arrives (Borys Ulanenko on LinkedIn) (June 5) More

• Lessons from global transfer pricing negotiations (PwC podcast, 22 mins) (June 5) More

• OECD: Transfer pricing of intragroup services (Deloitte) (June 5) More

• Home and away: When does working remotely across borders create a taxable presence? (OECD blog post) (June 4) More

• No strait answers: Energy shocks, AI stocks, and trade talks (PwC podcast, 34 mins) (June 4) More

• GloBE rules – treatment of joint ventures (Leonard Wagenaar on LinkedIn) (June 3) More

• Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) (June 3) More

• Public consultation on proposed Revisions to Chapter VII of the OECD Transfer Pricing Guidelines: Analysis and observations (KPMG) (June 3) More

• Database of industrial subsidies released (Deloitte) (June 2) More

• EY's global e–invoicing developments tracker | 27 May 2026 (EY) (June 2) More

• International tax news (May 2026) (PwC) (June 2) More

• Revisions to Chapter VII of the OECD Transfer Pricing Guidelines: Special considerations for intra-group services (OECD) (June 2) More

• Global minimum tax: Updated 2026 version of consolidated commentary released (Deloitte) (May 29) More

• Updated Consolidated Commentary to the Global Anti-Base Erosion Model Rules (2026) (OECD) (May 29) More

• Corporate income taxation and business dynamism (OECD) (May 28) More

• More developments as Pillar Two filing deadline nears (Alex Parker) (May 28) More

• Navigating permanent establishment risk in a remote work era (Part 2) (KPMG) (May 28) More

• Portal combat: Pillar Two forms, deadlines, and the fight for certainty (PwC podcast, 26:46) (May 28) More

• Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) (May 26) More

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Asia Pacific​

• Australia: Legislation amending capital gains tax, introducing other new tax measures passes lower house of Parliament (KPMG) (June 6) More

• Australia: Tax Reform No. 1 Bill 2026: CGT and negative gearing changes for property funds (Deloitte) (June 4) More

• Australia: Monthly tax update (1 June 2026) (PwC) (June 3) More

• Australia: Weekly tax round-up (Deloitte) (June 3) More

• Australia: KPMG recommendations on thin capitalisation reforms (KPMG) (May 29) More

• Australia: Proposed legislation to amend capital gains tax and introduce new tax measures (KPMG) (May 29) More

• Australia: (1) Consultation on draft legislation on grid matching requirements for hydrogen producer tax incentive; (2) private capital program guidance (KPMG) (May 28) More

• Australia: Updated guide on Pillar Two, with details on GIR exchange, implications of possible adoption of side-by-side package (KPMG) (May 28) More

• Australia and UK: Managing cross-border tax investigations: a UK and Australian perspective (Slaughter and May podcast, 26 mins) (June 2) More

• China and US: USTR requests comments on scope and operation of US-China Board of Trade (KPMG) (June 5) More

• China and US: White House details US / China deal after Trump’s state visit (Deloitte) (May 26) More

• Hong Kong: Hong Kong introduces bill to implement CARF and amended CRS (PwC) (June 4) More

• Hong Kong: Foreign source income exemption (FSIE) regime: updated and additional FAQs (Tax authorities) (May 26) More

• Hong Kong: Updated proposal on amendments to profits tax treatment of capital expenditure related to IP (Government) (May 25) More

• India: Gameskraft case – Supreme Court upholds constitutional and statutory validity of GST regime covering online gaming, betting, and gambling – Supreme Court (Court decision) (June 8) More

• India: Certain foreign taxpayers granted tax exemption for income from government securities (KPMG) (June 6) More

• India: Workforce acquired as part of business acquisition constitutes depreciable intangible asset (tribunal decision) (KPMG) (June 5) More

• India: Inductotherm case – transfer pricing – method selection: TNMM vs. cost plus (Income Tax Appellate Tribunal) (TPcases) (June 4) More

• India: American Express case – transfer pricing – transactional net margin method – selection of comparables (Delhi High Court decision) (TPcases) (May 26) More

• India and New Zealand: India and New Zealand sign free trade agreement (EY) (May 28) More

• Indonesia: Implementing Global Minimum Tax rules in Indonesia (KPMG) (June 5) More

• Korea: Tax audit of “super cars” prompts broader scrutiny of corporate tax evasion (Deloitte) (June 3) More

• Korea: Tax rulings and cases (May 2026) (Deloitte) (June 3) More

• Korea: Announcement on tax incentives for foreign-invested companies (in Korean) (Tax authorities) (May 25) More

• Malaysia: Guidance on bilateral and unilateral foreign tax credits (Tax authorities) (May 29) More

• Malaysia: Updated FAQs on GloBE rules (Tax authorities) (May 28) More

• New Zealand and India: India and New Zealand sign free trade agreement (EY) (May 28) More

• Taiwan: National Taxation Bureau of Kaohsiung has launched the “AI Tax Knowledge Package” virtual assistant, providing 24-hour personalized services (Tax authorities) (May 25) More

• Taiwan and US: US modifies tariffs on certain products of Taiwan, implementing trade agreement signed earlier this year (KPMG) (May 28) More

• Vietnam, Brazil and US: USTR issues Section 301 determination on Brazil, initiates Section 301 IP investigation into Vietnam; tariffs proposed and comment periods open (EY) (June 3) More

• Vietnam and US: USTR initiates Section 301 investigation into Vietnam’s IP practices (KPMG) (June 2) More

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Europe​​

• Belgium: Parliament approves program law containing various tax measures (KPMG) (June 2) More

• Belgium: Details on capital gains tax (KPMG) (May 29) More

• Belgium: Request for certificates for increased thematic investment deduction now available (KPMG) (May 29) More

• EU: Nova Iberomoldes case – Case C-837/24 – Portugal not permitted to impose real estate transfer tax on the contribution, to another company, of shares in companies owning immovable property, if the contribution qualifies as a restructuring operation under the EU Capital Duties Directive – European Court of Justice (Court decision) (June 8) More

• EU: ViDA and the fundamental principles of EU VAT: A reformed edifice on unchanged foundations (Marta Papis-Almansa on LinkedIn) (June 8) More

• EU: Real estate transfer tax may not be imposed on contribution of shares qualifying as restructuring operation within meaning of capital duties directive (CJEU judgment) (KPMG) (June 6) More

• EU: (1) European Commission publishes new Pillar Two FAQ on Cyprus; (2) state of play on implementation of DAC9 (KPMG) (June 4) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) (June 4) More

• EU: VAT fraud: Council agrees to strengthen cooperation with EU investigative bodies (European Commission) (May 28) More

• EU: AG opinion on the application of the anti-abuse rule under Parent-Subsidiary Directive (KPMG) (May 26) More

• EU: Proposed regulation on CBAM impact of carbon price paid in third country (European Commission) (May 25) More

• EU and US: Commission welcomes political agreement on implementation of EU / US trade deal (European Commission) (May 26) More

• France: Comments on Engie transfer pricing case (David Zářecký on LinkedIn) (June 2) More

• Germany: Liquidation dividends case – Dividends paid during a liquidation period can benefit from the withholding tax exemption under the EU Parent-Subsidiary Directive, provided the distributed profits are generated before the commencement of the liquidation – Federal Fiscal Court (in German) (Court decision) (June 8) More

• Germany: Dividends paid during liquidation period may benefit from parent-subsidiary directive (Federal Tax court decision) (KPMG) (June 4) More

• Germany: (1) Determination of place of supply of marketing services (Federal Fiscal Court decision); (2) other VAT developments (KPMG) (May 29) More

• Germany: (1) New draft bill amending Tax Advisory Act; (2) other tax developments (KPMG) (May 28) More

• Germany and US: S Corp case – US S corporation is entitled to German dividend withholding tax exemption under Germany / US double tax treaty – Federal Fiscal Court decision (in German) (Court decision) (June 8) More

• Greece: Foreign tax credit case – Case A827/2025 – Court allows refund of excess foreign tax credit (under Cyprus / Greece double tax treaty) which could not be credited against Greek domestic tax – Supreme Court (in Greek) (Court decision) More

• Greece: Omnibus tax bill, including provisions on binding advance tax rulings (in Greek) (Government) (May 25) More

• Ireland: VAT treatment of debt factoring and invoice discounting (Tax authorities) (May 26) More

• Italy: Illva Saronno case – transfer pricing – method selection: CUP vs. TNMM (Supreme Court) (in Italian) (TPcases) (June 4) More

• Italy: Late submission of tax residence certificate does not preclude parent-subsidiary directive withholding tax exemption (KPMG) (June 4) More

• Italy: Comments on GE transfer pricing case in Italy – TNMM – comparables (David Zářecký on LinkedIn) (May 28) More

• Poland: Bill amending mandatory disclosure rules approved by lower house of Parliament (KPMG) (June 4) More

• Poland: Act introducing amendments to tax code passed by lower house of Parliament; other tax developments (KPMG) (June 3) More

• Portugal: “Bank Branch” case – attribution of profits to PE – free capital vs. interest-bearing debt – Supreme Court decision (in Portuguese) (TPcases) (June 2) More

• Portugal: Indirect taxes newsletter (Garrigues) (May 28) More

• Portugal: Tax Authority explains impact on Portuguese companies of OECD's recent update regarding Pillar Two filings (EY) (May 28) More

• Turkey: Law introducing tax reforms approved by Parliament (KPMG) (June 4) More

• UK: Comment on UK’s proposal to introduce mandatory exemption of profits and losses of foreign PEs (Leonard Wagenaar on LinkedIn) (June 5) More

• UK: Updated guidance on disclosure of tax avoidance schemes (Tax authorities) (June 3) More

• UK: An updated look at the UK DST (Baker McKenzie) (May 29) More

• UK: Proposal to make foreign permanent establishment (PE) exemption compulsory (KPMG) (May 29) More

• UK: (1) Temporary reductions in transport-related taxes; (2) guidance on taxation of “ecosystem services”; (3) consultation on changes to plastic packaging tax (KPMG) (May 29) More

• UK: Updated list of Pillar Two territories, qualifying top-up taxes (KPMG) (May 29) More

• UK: Voluntary pilot R&D advance assurance scheme for SMEs (KPMG) (May 29) More

• UK: New guidance page on advance tax certainty service for major investment projects (Government) (May 25) More

• UK and Gulf Cooperation Council: Gulf Cooperation Council concludes key free trade agreement with UK (EY) (June 6) More

• UK and Australia: Managing cross-border tax investigations: a UK and Australian perspective (Slaughter and May podcast, 26 mins) (June 2) More

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Africa​​

• Africa: Africa tax newsletter (KPMG) (May 28) More

• Botswana: VAT Amendment Act, 2025, introducing VAT on remote services, now effective (KPMG) (June 5) More

• Botswana: Legislative package of tax and customs reforms (KPMG) (June 2) More

• Tanzania: Court of Appeal ruling clarifies chargeability of VAT on demurrage charges (EY) (May 29) More

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Middle East & Central Asia

• Gulf Cooperation Council and UK: Gulf Cooperation Council concludes key free trade agreement with UK (EY) (June 6) More

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Americas​

• Argentina: Argentina replaces procedure for applying tax-treaty benefits to payments to foreign beneficiaries (EY) (June 5) More

• Bermuda: Public consultation on corporate income tax regulations (Government) (May 26) More

• Brazil and US: USTR proposes Section 301 tariffs on Brazilian goods (KPMG) (June 3) More

• Brazil, US and Vietnam: USTR issues Section 301 determination on Brazil, initiates Section 301 IP investigation into Vietnam; tariffs proposed and comment periods open (EY) (June 3) More

• Canada: Canada tax matters (EY) (June 5) More

• Canada: CRA reverses December 19, 2025, CRS position on NFE partnerships (Loopstra Nixon) (June 4) More

• Canada: ICA approval of the Anglo American acquisition of Teck might require it to have central management and control in Canada (Neal Armstrong) (June 4) More

• Canada: Corporation income tax guide for 2025 (Tax authorities) (June 3) More

• Canada: CRA finds that the s. 37(1)(a)(i.01) deduction was not available to a company that did not control the research and had no right to the results (Neal Armstrong) (May 29) More

• Canada: Appeal in DAC Investment case (non-CCPC GAAR) – Crown’s reply (Adam Friedlan on LinkedIn) (May 26) More

• The Caribbean and Central America: Tax developments in Costa Rica, Guatemala, Panama, and Dominican Republic (KPMG) (May 28) More

• Central America and the Caribbean: Tax developments in Costa Rica, Guatemala, Panama, and Dominican Republic (KPMG) (May 28) More

• Chile: Chilean tax bill would lower corporate rate, integrate tax system, and provide stability regime (PwC) (May 26) More

• Colombia: Tax Supreme Court lifts suspension, reinstates withholding tax rates (KPMG) (June 6) More

• Colombia: Colombia's highest tax court revokes provisional suspension of Decree 572 of 2025, thus reinstating higher self-withholding tax rates as of 1 July 2026 (EY) (June 5) More

• Latin America: Latin American tax news - May 2026 (Joaquin Kersman on LinkedIn) (June 4) More

• Panama: Economic substance requirements for foreign-source passive income become law (Deloitte) (June 2) More

• Panama: New economic substance rules for foreign passive income (Baker McKenzie) (June 2) More

• Panama: National Assembly approves economic substance bill in third debate (Deloitte) (May 29) More

• Panama: Panama proposal would tax offshore entities lacking economic substance (PwC) (May 28) More

• US: Paschall’s case – Cryptocurrency staking rewards are includible in income under section 61 – US Tax Court (Court decision) (June 8) More

• US: Report on recent US international tax developments - 5 June 2026 (EY) (June 6) More

• US: Reported FIFA 2026 World Cup tax deal hasn’t changed fundamentals (KPMG) (June 6) More

• US: State tax matters (Deloitte) (June 6) More

• US: Tax news & views (Deloitte) (June 6) More

• US: Tax news & views weekly roundup: Treasury testimony, global tax news and donuts (Alex Parker) (June 6) More

• US: US state income tax digest: Highlighting significant income and business tax developments (PwC) (June 6) More

• US: President Trump signs order directing customs enforcement and reform (KPMG) (June 5) More

• US: Trade lines (EY) (June 5) More

• US: US President issues Executive Order strengthening customs enforcement; enhanced importer requirements, disclosure obligations and penalties announced (EY) (June 5) More

• US: US Tax Court: Cryptocurrency staking rewards includible in income under section 61 (KPMG) (June 5) More

• US: USTR proposes Section 301 actions following forced labour investigations of 60 trading partners (PwC) (June 5) More

• US: How to navigate the next phase of US federal energy tax policy (EY) (June 4) More

• US: Trump administration further adjusts Section 232 tariffs on aluminum, steel, and copper imports (PwC) (June 4) More

• US: USTR issues Section 301 determinations on forced-labour investigations across 60 economies; additional duties proposed and comment period open (EY) (June 4) More

• US: Proposed IRC Section 892 regulations would modify applicability dates of 2025 proposed regulations and providing transition period (EY) (June 3) More

• US: Treasury, IRS propose transition relief, new applicability dates for section 892 regs (Deloitte) (June 3) More

• US: US adjusts Section 232 tariffs for imports of aluminum, steel, and copper (KPMG) (June 3) More

• US: US issues proclamation further adjusting Section 232 tariff regimes for aluminum, steel and copper; expanded reduced rates and revised thresholds announced (EY) (June 3) More

• US: US OFAC publishes “Introduction to the Office of Foreign Assets Control” (KPMG) (June 3) More

• US: Report on recent US international tax developments — 29 May 2026 (EY) (June 2) More

• US: State tax matters (Deloitte) (June 2) More

• US: Treasury proposes transition relief for section 892 foreign government investment rules (PwC) (June 2) More

• US: JCT releases report detailing One Big Beautiful Bill Act, provision by provision (Deloitte) (May 29) More

• US: Legislative update: JCT general explanation of “One Big Beautiful Bill” (“Bluebook”) (KPMG) (May 29) More

• US: Sixth Circuit: Section 4261 “ticket tax” applies to flight usage charges only, and not to fees for overhead and management (KPMG) (May 29) More

• US: A refresher on tax statutes of limitations (KPMG) (May 28) More

• US: GOP taxwriters tout OBBBA benefits as Democrats say costs outweigh any gains (Deloitte) (May 26) More

• US: Tax administration and housing bills advance; digital asset measure introduced (Deloitte) (May 26) More

• US: Final regulations: information reporting for sales or exchanges to which section 751(a) applies (Tax authorities) (May 25) More

• US and Germany: S Corp case – US S corporation is entitled to German dividend withholding tax exemption under Germany / US double tax treaty – Federal Fiscal Court decision (in German) (Court decision) (June 8) More

• US and China: USTR requests comments on scope and operation of US-China Board of Trade (KPMG) (June 5) More

• US and Brazil: USTR proposes Section 301 tariffs on Brazilian goods (KPMG) (June 3) More

• US, Vietnam and Brazil: USTR issues Section 301 determination on Brazil, initiates Section 301 IP investigation into Vietnam; tariffs proposed and comment periods open (EY) (June 3) More

• US and Vietnam: USTR initiates Section 301 investigation into Vietnam’s IP practices (KPMG) (June 2) More

• US and Taiwan: US modifies tariffs on certain products of Taiwan, implementing trade agreement signed earlier this year (KPMG) (May 28) More

• US and China: White House details US / China deal after Trump’s state visit (Deloitte) (May 26) More

• US and EU: Commission welcomes political agreement on implementation of EU / US trade deal (European Commission) (May 26) More