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

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Global​​​​​​

• 16 common transfer pricing problems (Borys Ulanenko on LinkedIn) (October 23) More

• OECD releases 'Secretary-General Tax Report to G20 Finance Ministers and Central Bank Governors' (EY) (October 22) More

• The AI tax reset (Alex Parker) (October 22) More

• Trade talking points (EY) (October 22) More​​

• "Limited risk distributor" is a conclusion. In many TP files it is written as if it were the analysis. (Borys Ulanenko on LinkedIn) (October 21) More

• OECD: Revised GloBE Information Return (Pillar Two) XML schema user guide (KPMG) (October 21) More​​

• 2026 peer review report on CbC reporting released (Deloitte) (October 20) More

• Updates to G20 finance ministers cover topics including business dynamism (Deloitte) (October 17) More

• How tax authorities use digital tools to reshape controversy (EY) (October 16) More

• OECD Secretary‑General Tax Report to G20 Finance Ministers and Central Bank Governors (G20 United States, October 2026) (OECD) (October 16) More

• Pillar Two: Preparing for Year Two - Lessons from the first filing season (Ross Robertson on LinkedIn) (October 16) More

• Transfer pricing profit level indicators – PLI selection is often decided by habit (Borys Ulanenko on LinkedIn) (October 16) More

• Global tax policy and controversy watch (EY) (October 15) More

• Transfer pricing – pre-economic analysis legal fact pattern checklist (LCN Legal) (October 15) More

• E-invoicing developments tracker (EY) (October 13) More

• Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) (October 13) More

• How businesses keep pace with digital tax authorities (EY podcast, 42 mins) (October 13) ​More

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Asia Pacific​

• Australia: Coherence and harmony in tax law this week (or the lack thereof...) (Stuart Landsberg on LinkedIn) (October 23) More

• Australia: Draft legislation introducing minimum tax on discretionary trusts (KPMG) (October 20) More

• Australia: Draft legislation released for CRS amendments, CARF and domestic crypto reporting (Deloitte) (October 20) More

• Australia: Market valuation requirements under new capital gains tax rules (KPMG) (October 20) More

• Australia: Consultation on draft crypto asset tax transparency legislation (KPMG) (October 17) More

• Australia: Public CbC reporting deadline deferred to January 29, 2027 (KPMG) (October 17) More

• Australia: Weekly tax round-up (Deloitte) (October 13) ​More

• Australia and China: Aluminium windows and doors from China: Securities start now (Deloitte) (October 16) More

• China: Beneficial owner status in China: What a Supreme People’s Court case study teaches foreign investors (Ascentium) (October 23) More

• China: Changes to VAT export refund rates (in Chinese) (Tax authorities) (October 19) More

• China and EU: China reduces tariffs on certain goods imported from EU – EU Trade Commissioner’s statement (European Commission) (October 19) More

• China and Australia: Aluminium windows and doors from China: Securities start now (Deloitte) (October 16) More

• Hong Kong: Bill to enhance tax deduction for intellectual property introduced (PwC) (October 22) More

• Hong Kong: Preferential corporate income tax rate for strategic enterprises – Legislative Council briefing paper (Government) (October 19) More

• Hong Kong: Hong Kong moves to expand intellectual property tax deduction as draft law is published (KPMG) (October 17) More

• Hong Kong: SBTI may mitigate interaction between Pillar Two and enhanced R&D tax deduction (Deloitte) (October 15) More

• Hong Kong: Hong Kong advances key tax-incentive initiatives (EY) (October 14) More

• India: GAAR could not be invoked merely because taxpayer’s losses offset gains (High Court decision) (KPMG) (October 20) More

• India: Dharma case (GST – classification of supply – does supply of film in digital form cause supply to be of “software”?) (Court decision) (October 19) More

• India: Retroactive amendment authorizing jurisdictional assessing officers to issue reassessment notices is unconstitutional (High Court decision) (KPMG) (October 16) More

• India: Transfer by Irish entity of shares in U.S. entity holding shares in Indian subsidiary not taxable in India under Irish treaty (tribunal decision) (KPMG) (October 14) More

• India and Mauritius: India notifies the 2024 protocol amending the India / Mauritius tax treaty; introduces principal purpose test (KPMG) (October 15) More

• Indonesia: Updates on format and submission of tax returns following Coretax implementation (Deloitte) (October 23) More

• Malaysia: Budget 2027: Reaching for the skies, while anchored on our values (Alvarez & Marsal) (October 16) More

• Malaysia: Proposed tax measures in 2027 budget (KPMG) (October 14) More

• Malaysia: Budget 2027: Tax highlights (Baker McKenzie) (October 13) ​More

• Malaysia: IRB releases amended guidelines on gains from disposals of foreign capital assets (Deloitte) (October 13) ​More

• Malaysia: IRB releases updated guidelines on capital gains tax for unlisted shares (Deloitte) (October 13) ​More

• Philippines: Recent tax procedure guidance (KPMG) (October 20) More

• Philippines: Accreditation framework for e-invoicing service providers (KPMG) (October 17) More

• Singapore: Tax authorities further clarify tax treatment of share-based compensation and amnesty for certain open years (EY) (October 23) More

• Singapore: List of country’s Qualified Tax Incentives for purposes of Substance-based Tax Incentive Safe Harbour under GloBE rules (Tax authorities) (October 19) More

• Singapore: Additional guidance on transfer pricing adjustments relating to share-based compensation (SBC) costs (Alvarez & Marsal) (October 17) More

• Singapore: Singapore's QTI clarification: Revisiting the economics of tax incentives (Alvarez & Marsal) (October 16) More

• Singapore: Guidance on the Substance-based Tax Incentive Safe Harbour under Singapore’s GloBE rules (Chester Wee and Priscilla Koh on LinkedIn) (October 14) More

• Thailand: Overview of measures amending business categories exempt from licensing requirements (Deloitte) (October 23) More

• Thailand: Bill to introduce qualified refundable tax credit (partially in Thai) (Tax authorities) (October 19) More

• Thailand: Update on export control measures, including next phase under TCWMD regime (Deloitte) (October 17) More

• Thailand: Foreign Business Act exemptions expanded for selected services (Deloitte) (October 14) More

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Europe​​

• Bulgaria: Bulgaria proposes mandatory domestic e-invoicing from 2028 (EY) (October 15) More

• Cyprus: Bill to implement new domestic minimum top-up tax (DMTT) (in Greek) (Government) (October 19) More

• Cyprus: Confirmation of beneficial owners’ details by December 31 (KPMG) (October 17) More

• Czech Republic: Proposed extraordinary tax on refineries; draft amendments to rules on tax depreciation and leasing (KPMG) (October 16) More

• Denmark: 2027 Finance Bill (in Danish) (Government) (October 19) More

• EFTA: ADVEL attorneys case (Tax authorities’ access to lawyers’ client lists) (EFTA Court decision) (October 19) More

• EU: Comments on ECJ’s Neo Group decision (anti-abuse rule in Parent-Subsidiary Directive) (Leonard Wagenaar on LinkedIn) (October 23) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) (October 21) More

• EU: EU tax simplification series #1: Why is the EU rethinking its tax framework? (Loyens & Loeff) (October 21) More

• EU: CJEU in NEO Group (C-203/25): a genuine parent company is no longer a safe harbour under the Parent-Subsidiary Directive general anti-abuse rule (Alverez & Marsal) (October 20) More

• EU: Czech Republic, Denmark, Finland and Italy: Positions on omnibus proposal to simplify EU direct taxation rules (KPMG) (October 20) More

• EU: ECOFIN discusses calls for EU-wide windfall tax on energy companies (KPMG) (October 20) More

• EU: European Commission launches public consultation on DAC recast proposal (KPMG) (October 20) More

• EU: European Commission sends letters of formal notice to Hungary, Ireland, Italy and Romania concerning discriminatory taxation of income from bonds (KPMG) (October 20) More

• EU: ECOFIN’s report on non-cooperative tax jurisdictions (European Commission) (October 19) More

• EU: New guidance on VAT treatment of EU e-commerce handling fee (European Commission) (October 19) More

• EU: CJEU clarifies scope of anti-abuse rule in EU parent-subsidiary directive (Deloitte) (October 17) More

• EU: CJEU decision on the application of the anti-abuse rule under Parent-Subsidiary Directive (KPMG) (October 17) More

• EU: Opinion Statement on the decision of the CJEU of 4 June 2026 in Case C-837/24, NOVA IBEROMOLDES (CFE Tax Advisers Europe) (October 17) More

• EU: EU tax alert (Loyens & Loeff) (October 14) More

• EU and Spain: Comments on Neo Group case (ECJ) and Velcro case (Spain) – beneficial ownership vs. abuse (Leonard Wagenaar on LinkedIn) (October 21) More

• France: Certain proposed tax measures in 2027 Finance Bill adopted by Finance Committee, including change to Pillar Two threshold (KPMG) (October 14) More

• Germany: Ministry of Finance issues mandatory e-invoicing clarifications (Deloitte) (October 23) More

• Germany: Proposed offsetting model for import VAT; other VAT developments (KPMG) (October 21) 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

• Ireland: Ireland publishes Finance (No. 2) Bill 2026 (EY) (October 22) More

• Italy: Comment on Vibac transfer pricing case – group cuts its royalty rate to help its subsidiaries (David Zářecký on LinkedIn) (October 22) More

• Luxembourg: Luxembourg's draft Budget Law 2027 proposes reduced CIT rates, unlimited tax loss carryforwards and enhanced investment incentives (EY) (October 16) More

• Mauritius and India: India notifies the 2024 protocol amending the India / Mauritius tax treaty; introduces principal purpose test (KPMG) (October 15) More

• Netherlands: Policy decree on application of Pillar Two Minimum Tax Act (KPMG) (October 20) More

• Netherlands: Burden of proof case (Reversal of, and increase in, burden of proof in income tax disputes, due to failure to correctly file income tax return) (in Dutch) (Court decision) (October 19) More

• Netherlands: Comment on case where a company's intercompany credit facilities were ultimately reviewed holistically, despite strenuous efforts on the part of the taxpayer to price the elements separately (David Zářecký on LinkedIn) (October 15) More

• Netherlands: Hedge accounting for tax purposes: latest state of play and practical insights (Loyens & Loeff) (October 15) More

• Netherlands: Deduction limitation in Section 10(1)(j) did not apply to grant of conditional rights to shares (Supreme Court decision) (KPMG) (October 14) More

• Netherlands: Developments on equity incentives for employees: Supreme Court rules on tax deduction (Loyens & Loeff) (October 13) More

• Netherlands: Supreme Court clarifies scope of reversal and increase of burden of proof (Loyens & Loeff) (October 13) More

• Netherlands and US: Impact of US check-the-box elections post-closing an acquisition of a Dutch company (Loyens & Loeff) (October 14) More

• Poland: Proposed changes to transfer pricing regulations; other tax developments (KPMG) (October 21) More

• Poland: Recent tax developments affecting the energy sector (KPMG) (October 20) More

• Poland: Proposed changes to tax verification activities; other tax developments (KPMG) (October 14) More

• Portugal: Constitutional Court finds basis for valuation of renewable energy assets unconstitutional (EY) (October 22) More

• Spain and EU: Comments on Neo Group case (ECJ) and Velcro case (Spain) – beneficial ownership vs. abuse (Leonard Wagenaar on LinkedIn) (October 21) More

• Switzerland: Switzerland to apply January 2025 Pillar Two guidance from FY 2025 (Loyens & Loeff) (October 23) More

• Turkey: Turkey strengthens transfer pricing audit framework through data analytics and heightened oversight (EY) (October 13) ​More

• UK: Package of practical tools to help importers assess carbon border adjustment mechanism (CBAM) liabilities (KPMG) (October 23) More

• UK: Supreme Court decides in ScottishPower that payments made instead of penalties are not deductible because they are not incurred for the purposes of the trade (Slaughter and May) (October 22) More

• UK: Tax and the City (Slaughter and May) (October 20) More

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Africa​​

• Algeria: 2027 Finance Bill (in French) (Government) (October 19) More

• Algeria: Draft 2027 Finance Bill proposes VAT collection by non-resident platforms and platform reporting requirements (KPMG) (October 15) More

• Eswatini: Proposed VAT registration and compliance regime for nonresident electronic services providers (KPMG) (October 14) More

• Ghana: CbC reporting: Currency depreciation expands the compliance net for multinationals (Deloitte) (October 23) More

• Ghana: Real-time VAT collection on cross-border digital services (KPMG) (October 22) More

• Kenya: New withholding tax rules (KPMG) (October 21) More

• Kenya: New rules on income tax exemption for Collective Investment Schemes (KPMG) (October 20) More

• Kenya: Final regulations for country’s domestic minimum top-up tax (Government) (October 19) More

• Kenya: Final regulations on country’s Significant Economic Presence rules (Government) (October 19) More

• Kenya: Final regulations under Pillar Two law (KPMG) (October 14) More

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Middle East & Central Asia

• Bahrain: Updated excise tax guide (KPMG) (October 14) More

• Oman: Oman issues Executive Regulations for Special Economic Zones and Free Zones Law (EY) (October 23) More

• Saudi Arabia: New online annual disclosure form for regional headquarters (KPMG) (October 16) More

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Americas​

• Argentina: TP reform and the information-governance gap (Paul Sutton on LinkedIn) (October 21) More

• Canada: CRA rules on a back-to-back cross currency swap arrangement (Neal Armstrong) (October 21) More

• Dominican Republic: Exclusion from certain VAT withholding requirements for electronic issuers; other tax developments (KPMG) (October 14) More

• Trinidad and Tobago: Tax measures in 2027 budget (KPMG) (October 15) More

• Uruguay: Regulations issued for Pillar Two domestic minimum tax (Deloitte) (October 23) More

• Uruguay: Uruguay issues decree implementing Domestic Minimum Top-up Tax (EY) (October 22) More

• US: Still tariffied: Refunds, reshoring and risk (PwC podcast, 35:52) (October 23) More

• US: DC adopts permanent legislation with specified OBBBA decoupling (PwC) (October 22) More

• US: IRS Notice 2026-53 and DOE release reshape section 45Z clean fuel credit (KPMG) (October 22) More

• US: Proposed regulations partially withdrawn: Guidance under section 355 concerning device and active trade or business (KPMG) (October 21) More

• US: Tax news & views weekly roundup: AI/data centre fears, rescinding credits, and dictionaries (Alex Parker) (October 21) More

• US: Treasury and IRS release guidance on new federal scholarship tax credit (PwC) (October 21) More

• US: IRS acquiesces to result in Tax Court decision finding extraordinary disposition rules under section 245A temporary regulations to be invalid (KPMG) (October 20) More

• US: President Trump implements, waives new Russia-related tariffs and sanctions (KPMG) (October 20) More

• US: Final regulations: Payment of tax by commercially acceptable means (KPMG) (October 17) More

• US: Report on recent US international tax developments (EY) (October 17) More

• US: State tax matters (Deloitte) (October 17) More

• US: The cost of tariff refunds: managing data, disclosure and defence (EY) (October 17) More

• US: Final regulations: Non-applicability of section 357(c)(3)(A) to consolidated groups (KPMG) (October 16) More

• US and Netherlands: Impact of US check-the-box elections post-closing an acquisition of a Dutch company (Loyens & Loeff) (October 14) More

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