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

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Global​​​​​

• Invoking or responding to force majeure (Slaughter and May) (March 14) More

• Transfer pricing: common errors in legal operating models (Paul Sutton on LinkedIn) (March 14) More

• Transfer pricing – transaction aggregation (Borys Ulanenko on LinkedIn) (March 12) More

• Crude inflation and disrupted supply chains: what it means for transfer pricing in GCC (Ajit Jain on LinkedIn) (March 11) More​​

• FIFA 2026 World Cup blows the whistle on complex tax risks (KPMG) (March 10) More

• Global tax policy and controversy watch (EY) (March 10) More

• Global tax talk – tax in 60 seconds (Will Morris on LinkedIn) (March 10) More

• I was told two years ago that Art. 4.6.1 does not apply to deferred taxes. I was doubtful [then] and I am still not fully convinced (Chester Wee on LinkedIn) (March 10) More

• MEMAP 2026: Considerations for low-capacity jurisdictions & appendices (Rhys Bane on LinkedIn) (March 10) More

• Pillar Two SESHion: “Simplified” safe harbour (PwC podcast, 39 mins) (March 10) More

• Pillar Two: Simplified ETR Safe Harbour - New York office snippet (Loyens & Loeff) (March 10) More

• Global e–invoicing developments tracker - 25 February 2026 (EY) (March 4) More

• International tax news (February 2026) (PwC) (March 4) More

• Comments on Delmonte Kenya transfer pricing case (David Zářecký on LinkedIn) (March 3) More

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

• Legal implementation of cost sharing agreements (CSAs) and cost contribution arrangements (CCAs) (Paul Sutton on LinkedIn) (March 3) More

• MEMAP 2026: bilateral phase of MAP (Rhys Bane on LinkedIn) (March 3) More

• Moving ahead on Amount B (Alex Parker) (March 3) More

• Risk assumed in transfer pricing: an economic position, not a drafting choice (Ajit Jain on LinkedIn) (March 3) More

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Asia Pacific​

• Australia: ATO releases new Pillar Two guidance, organises information session in April (Regfollower) (March 14) More

• Australia: Guidance expanding critical mineral processing tax incentive (KPMG) (March 14) More

• Australia: ATO updates advice on Pillar Two rules (KPMG) (March 13) More

• Australia: Weekly tax round-up (10 March 2026) (Deloitte) (March 12) More

• Australia: ATO updates guidance on critical minerals production tax incentives (Regfollower) (March 11) More

• Australia: Instructions for multinational companies to file public CbC tax reports (Tax authorities) (March 9) More

• Australia: Finalised public country-by-country (CbC) reporting filing instructions, updated guidance (KPMG) (March 6) More

• Australia: Related-party payments not deductible because no legally enforceable contract (Full Federal Court decision) (KPMG) (March 6) More

• Australia: ATO releases public country-by-country reporting compliance guidance (Regfollower) (March 5) More

• Australia: Consultation on additional draft amendments to Pillar Two rules; recent administrative guidance on Pillar Two (KPMG) (March 5) More

• Australia: Monthly tax update (March 2026) (PwC) (March 4) More

• Australia: Weekly tax round-up (2 March 2026) (Deloitte) (March 4) More

• China: China monthly tax brief: February 2026 (Dezan Shira and Associates) (March 12) More

• China: VAT: Clarifications on input VAT credit, assets restructuring, mixed sales, and timing of tax liability (PwC) (March 5) More

• China: VAT: Clarifications on taxable scope, incentive transition, sales amount calculation, and taxable threshold (PwC) (March 5) More

• Hong Kong: Further details of proposed relaxation of stamp duty relief for intragroup transfers (Deloitte) (March 11) More

• Hong Kong: Hong Kong clarifies tax treatment of equity sale gains (Regfollower) (March 11) More

• Hong Kong: Hong Kong plans major expansion of unified fund exemption, family office tax concessions (Regfollower) (March 11) More

• Hong Kong: Updated proposals to enhance preferential asset and wealth management tax regimes (Deloitte) (March 10) More

• Hong Kong: Hong Kong's 2026 - 2027 Budget proposes enhancements to tax-incentive measures (EY) (March 5) More

• Hong Kong: Key tax measures in the 2026-27 Budget (Deloitte) (March 4) More

• Indonesia: Government to bear VAT imposed on domestic airline flights during Eid al-Fitr (Deloitte) (March 13) More

• Japan: 2026 tax reform bill (in Japanese) (Government) (March 9) More

• Japan: Cabinet introduces Side-by-Side Package in 2026 tax reform bill (Regfollower) (March 5) More

• Korea: 2026 tax measures to boost corporate liquidity, strategic investment (Regfollower) (March 10) More

• Korea: Ministerial decree proposes revisions to various new tax laws (Deloitte) (March 10) More

• Korea: Domestic minimum top-up tax enacted (KPMG) (March 3) More

• Malaysia: Tax developments summary (March 2026): Guidance on tax treatment for unit holders, stamp duty remission in Forest City, revised service tax rules for IT services, and updates to customs regulations (KPMG) (March 12) More

• Malaysia and Saudi Arabia: Would the zakat on business in Malaysia be considered a Covered Tax for GloBE purposes? What about the zakat in Saudi Arabia? (Annalise Foong on LinkedIn) (March 3) More

• New Zealand: Amendments to August tax bill (KPMG) (March 14) More

• Philippines: BIR clarifies new tax audit policies and procedures following lifting of suspension (Deloitte) (March 13) More

• Singapore and US: Singapore to engage USTR over section 301 probe citing disputed trade data (Regfollower) (March 14) More

• Singapore and Taiwan: New Taiwan-Singapore income tax agreement enters into force (Deloitte) (March 5) More

• Taiwan and Singapore: New Taiwan-Singapore income tax agreement enters into force (Deloitte) (March 5) More

• Vietnam: APAs in Vietnam: how businesses can manage transfer pricing risks (Dezan Shira and Associates) (March 13) More

• Vietnam: Qualifying for CIT incentives in Vietnam – a guide for foreign companies (Dezan Shira & Associates) (March 6) More

• Vietnam: Summary of recent key tax legislative developments, February 2026 (Deloitte) (March 6) More

• Vietnam: Corporate tax risks in Vietnam: what foreign-owned companies get wrong and how to mitigate exposure (Dezan Shira & Associates) (March 4) More

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Europe​​

• Belgium: VAT chain: Provision account to be implemented as from 1 May 2026 (Deloitte) (March 11) More

• Belgium: Guidance on 5% capital gains tax on disposal of shares in certain investment companies (in Dutch) (Government) (March 9) More

• Belgium: Real estate share deals in Belgium: no VAT, no CIT, no RETT… and no tax abuse (Loyens & Loeff) (March 6) More

• Cyprus: Amendments to VAT law relating to real property (KPMG) (March 4) More

• Czech Republic: Guidance on application of VAT to immovable assets (KPMG) (March 13) More

• Czech Republic: Proposed amendments to electronic sales reporting system (KPMG) (March 13) More

• Czech Republic: Tax authority discussion paper on claiming VAT deduction in previous tax period through additional VAT return after receiving tax document (KPMG) (March 12) More

• Czech Republic: Taxpayer must prove temporal connection between claimed expenses and relevant tax period (Supreme Administrative Court decisions) (KPMG) (March 12) More

• EU: European Commission publishes March 2026 infringements package (Deloitte) (March 13) More

• EU: CJEU decision on withholding tax relief under the Interest and Royalties Directive — procedural aspects (KPMG) (March 12) More

• EU: March infringements package: key decisions (European Commission) (March 12) More

• EU: European Parliament updates analysis on economic impact of US tariffs on the EU (Regfollower) (March 11) More

• EU: CJEU confirms sale of in-game “gold” subject to VAT (KPMG) (March 6) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) (March 5) More

• EU: Prior Belgian CFC rules incompatible with ATAD (CJEU judgment) (KPMG) (March 4) More

• EU: CJEU decision on the compatibility of the Belgian CFC rules with the ATAD (KPMG) (March 3) More

• EU and Latin America: Tax, trade and trust: The EU–Mercosur Agreement as an ESG tool (Luis Wolf Trzcina) (March 3) More

• Finland: Proposal to reduce corporate income tax rate (in Finnish) (Government) (March 9) More

• Finland: Finland to reduce corporate income tax rate in 2027 (Regfollower) (March 5) More

• Finland and Russia: Finland to suspend 1996 tax treaty with Russia (Regfollower) (March 14) More

• France: France clarifies VAT rules for dropshipping without IOSS registration (Regfollower) (March 12) More

• France: France issues VAT guidance for cross-border distance sales (Regfollower) (March 6) More

• Germany: Transfer of functions in German tax law: recent case developments (KPMG) (March 10) More

• Germany: Transfer pricing adjustments and the treatment of compensatory payments (KPMG) (March 10) More

• Germany: Update of the guidance on mutual agreement and arbitration procedures (KPMG) (March 10) More

• Germany: Reduction in VAT base for pharmaceutical manufacturer discounts; other VAT developments (KPMG) (March 3) More

• Iceland: Court of Appeals rules taxpayers must prove arm’s length pricing in related-party deals (Regfollower) (March 6) More

• Ireland: Revenue updates guidance on Expressions of Doubt under Full Self-Assessment (Regfollower) (March 11) More

• Italy: Established line of tax court decisions addresses dividends paid to non-EU companies (Deloitte) (March 14) More

• Italy: Highlights of recent VAT developments, including updates to 2026 VAT return form (Deloitte) (March 14) More

• Italy: Taxpayer has right to claim VAT refund directly from Treasury when customer involved in extended insolvency proceedings (Supreme Court decision) (KPMG) (March 13) More

• Italy: New guidance on recovery of input VAT on SPV transaction costs in merger levered buyout (KPMG) (March 12) More

• Italy: PDM case – transfer pricing – interest rate on intra-group loan (in Italian) (Supreme Court) (TPcases) (March 10) More

• Italy: EPTA case – transfer pricing – intragroup transaction between Italian and Hungarian companies – downward TP adjustment in Hungary – prima facie evidence of need for upward TP adjustment in Italy (Supreme Court) (in Italian) (Court decision) (March 4) More

• Italy and Switzerland: Italy clarifies Swiss cantonal net wealth tax not creditable against CFC tax (Regfollower) (March 12) More

• Italy and US: Italian court confirms that non-EU corporations may claim refunds on dividend withholding taxes paid (PwC) (March 12) More

• Jersey: Guidance on common errors in 2024 FATCA and CRS reporting (KPMG) (March 11) More

• Luxembourg: New carried interest tax regime enacted (KPMG) (March 3) More

• Malta: MTCA updates Pillar Two guidance following constituent entity filing exemption (Regfollower) (March 14) More

• Malta: Updated AEOI guidance (KPMG) (March 11) More

• Malta: Exemption for local group members from filing GIR and related notifications (KPMG) (March 4) More

• Montenegro: Parliament approves Pillar Two global minimum tax (Regfollower) (March 4) More

• Netherlands: Netherlands considers extending e-invoicing to domestic B2B transactions under EU ViDA reforms (Regfollower) (March 14) More

• Netherlands: Dutch Parliament receives government-solicited, EY-prepared report on VAT in the Digital Age (ViDA) e-invoicing and digital reporting (EY) (March 13) More

• Netherlands: Lucrative interest taxation in cross-border situations (Loyens & Loeff) (March 10) More

• Netherlands: Practical guidance on applying the cost-plus method (David Zářecký on LinkedIn) (March 10) More

• Netherlands: Draft legislation and explanatory memorandum on proposed adjustment of tax treatment of foreign exchange results on hedging instruments under participation exemption (in Dutch) (Government) (March 9) More

• Netherlands: Guidance on definition of “treaty permanent establishment” in GloBE legislation (in Dutch) (Tax authorities) (March 9) More

• Netherlands: Consultation on changes to participation exemption and currency gains and losses on hedging instruments (KPMG) (March 6) More

• Netherlands: Netherlands issues tax guidance on permanent establishment requirements under Minimum Tax Act (Regfollower) (March 4) More

• Netherlands: Dutch Supreme Court: legal presumption in demerger roll-over facility to be set aside (Loyens & Loeff) (March 3) More

• Netherlands and Spain: Spain's new tax treaty with the Netherlands introduces source taxation on gains from disposal of real estate-rich companies (EY) (March 14) More

• Poland: Summaries of recent Supreme Administrative Court decisions – Issues relating to VAT, withholding tax, taxpayer’s right to interest on overpayments when initiating APA procedure (KPMG) (March 11) More

• Romania: Emergency ordinance with various tax changes (in Romanian) (Government) (March 9) More

• Romania: Emergency Ordinance targets R&D, green tech, strategic investments (Regfollower) (March 4) More

• Romania: New R&D tax credit (KPMG) (March 4) More

• Russia: Russia considers one-time tax on bank windfall profits (Regfollower) (March 5) More

• Russia and Finland: Finland to suspend 1996 tax treaty with Russia (Regfollower) (March 14) More

• Spain: Velcro case – Dutch holding company did not meet beneficial ownership test under EU interest and royalties directive  – company could not rely on treaty benefits as an alternative (Supreme Court decision) (KPMG) (March 12) More

• Spain: Dutch Holding Company case – EU Interest and Royalties Directive – Netherlands / Spain treaty – beneficial ownership test (Supreme Court decision) (in Spanish) (Court decision) (March 4) More

• Spain and Netherlands: Spain's new tax treaty with the Netherlands introduces source taxation on gains from disposal of real estate-rich companies (EY) (March 14) More

• Spain and US: Trump threatens full trade embargo on Spain over Iran strikes (Regfollower) (March 5) More

• Sweden: Dividend withholding tax challenge: withholding tax on dividends to loss-making non-resident companies – contrary to the free movement of capital? (Baker McKenzie) (March 13) More

• Sweden: Consultation on R&D tax incentives (in Swedish) (Government) (March 9) More

• Sweden: Sweden consults on R&D tax incentives under Pillar Two, aligns with Side-by-Side Package (Regfollower) (March 4) More

• Switzerland and Italy: Italy clarifies Swiss cantonal net wealth tax not creditable against CFC tax (Regfollower) (March 12) More

• UK: HMRC launches consultation on extending uncertain tax treatment regime (Deloitte) (March 14) More

• UK: HMRC publishes annual transfer pricing and diverted profits tax statistics (EY) (March 14) More

• UK: HMRC’s tax adviser registration regime – delay for financial services businesses (Macfarlanes) (March 14) More

• UK: HMRC launches consultation on the format of corporation tax computations (Deloitte) (March 12) More

• UK: Guidance on new 40% first-year capital allowance (Tax authorities) (March 9) More

• UK: Recent UK tribunal decisions: (1) deductibility of unamortized issue and discount costs; (2) qualification as partnership for purposes of land transaction tax partnership relief rules (KPMG) (March 6) More

• UK: HMRC updates manual for new 40% first-year allowance for main rate assets (Deloitte) (March 3) More

• UK: Lists of jurisdictions with qualified status for Pillar Two purposes further updated (Deloitte) (March 3) More

• UK: Update on Finance (No. 2) Bill 2024-26 and National Insurance Contributions Bill (Deloitte) (March 3) More

• Ukraine: Announcement on proposed implementation of EU’s ATAD (in Ukrainian) (Government) (March 9) More

• Ukraine: Announcement to amend transfer pricing rules to align with OECD Transfer Pricing Guidelines and BEPS Actions 8 to 10 (in Ukrainian) (Government) (March 9) More

• Ukraine: MoF consults on draft anti-tax avoidance law (Regfollower) (March 4) More

• Ukraine: MoF consults transfer pricing reform bill (Regfollower) (March 3) More

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Africa​

• Ethiopia: Council of Ministers unveils new investment tax, customs incentives (Regfollower) (March 6) More

• Kenya: Tax Appeals Tribunal offers guidance on treatment of existing tax losses brought forward from accounting periods prior to July 2025 (EY) (March 12) More

• Namibia: 2026-27 budget includes accelerated depreciation for businesses (Regfollower) (March 6) More

• South Africa: SARS introduces crypto asset reporting framework (CARF) (Regfollower) (March 12) More

• South Africa: Tax provisions in 2026/2027 budget (KPMG) (March 3) More

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Middle East & Central Asia​

• Azerbaijan: Mandatory VAT obligations for non-resident electronic service providers (KPMG) (March 6) More

• Qatar: Pillar Two resolution provides rules for applying DMTT and IIR (KPMG) (March 4) More

• Saudi Arabia and Malaysia: Would the zakat on business in Malaysia be considered a Covered Tax for GloBE purposes? What about the zakat in Saudi Arabia? (Annalise Foong on LinkedIn) (March 3) More

• UAE: MoF’s electronic invoicing guidelines (Baker McKenzie) (March 3) More

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Americas​

• Bolivia: Bolivia introduces tax incentives for foreign companies reinvesting profits locally (Regfollower) (March 10) More

• Brazil: Brazil scales back import tariff hike on tech, industrial goods (Regfollower) (March 3) More

• Canada: Comments on C&W Offshore case – beneficial ownership of outbound rental payments (Błażej Kuźniacki on LinkedIn) (March 12) More

• Canada: C & W Offshore case – beneficial ownership of royalties (Gergely Hegedus on LinkedIn) (March 6) More

• Canada: Canada substantively enacts capital cost allowance and other business income tax measures in Bill C-15 (EY) (March 4) More

• Colombia: Needish case – transfer pricing – intra-group services – was benefit obtained? – withholding tax (in Spanish) (Supreme Court) (TPcases) (March 10) More​​

• Colombia: Highest court for tax matters clarifies documentation requirements for intercompany services (EY) (March 5) More

• Colombia: Net worth tax imposed on companies (Baker McKenzie) (March 3) More

• Latin America and EU: Tax, trade and trust: The EU–Mercosur Agreement as an ESG tool (Luis Wolf Trzcina) (March 3) More

• Mexico: 2026 Tax Regularization, a strategic opportunity for taxpayers (Baker McKenzie) (March 12) More

• US: Customs and Border Protection details new CAPE process in ACE to administer IEEPA duty refunds; phased rollout planned (EY) (March 14) More

• US: Report on recent US international tax developments (EY) (March 14) More

• US: State tax matters (Deloitte) (March 14) More

• US: Tax news & views (Deloitte) (March 14) More

• US: Trade lines (EY) (March 14) More

• US: USTR initiates section 301 investigations into 60 economies regarding imported goods produced with forced labor; comment period and hearings announced (EY) (March 14) More

• US: USTR initiates section 301 investigations for failure to prohibit import of goods produced with forced labour – Investigations into the acts, policies, and practices of 60 economies (KPMG) (March 14) More

• US: US CBP provides update on IEEPA duty refund process (KPMG) (March 13) More

• US: US State income tax digest (January-February 2026) (PwC) (March 13) More

• US: US Tax Court: Notice of final partnership adjustment was timely and valid (KPMG) (March 13) More

• US: US Trade Representative initiates Section 301 investigations into structural excess capacity; comment period and hearings announced (EY) (March 13) More

• US: USTR initiates Section 301 investigations on structural excess capacity and production in manufacturing sectors – Focusing on Bangladesh, Cambodia, China, EU, India, Indonesia, Japan, Korea, Malaysia, Mexico, Norway, Singapore, Switzerland, Taiwan, Thailand, and Vietnam (KPMG) (March 13) More

• US: IRS guidance interprets limits on remuneration for tax-exempt organization compensation excise tax (PwC) (March 12) More

• US: Proposed regulations: Guidance on tax-exempt refunding bonds (KPMG) (March 12) More

• US: Partnership related-party basis adjustment rules withdrawn (PwC) (March 10) More

• US: State tax matters (Deloitte) (March 10) More

• US: Atmus Filtration case – Court’s order on refund of IEEPA tariffs – US Court of International Trade (Court order) (March 9) More

• US: IRS announces forthcoming proposed IRC Section 987 regulations with significant simplifying elections (EY) (March 6) More

• US: Notice 2026-16 provides framework for new 100% depreciation election (PwC) (March 6) More

• US: Proposed regulations: Electronic furnishing of payee statements regarding digital asset sales by brokers (KPMG) (March 6) More

• US: Proposed regulations: Removal of final regulations identifying certain partnership basis shifting transactions as transactions of interest (KPMG) (March 6) More

• US: US Court of International Trade orders CBP to liquidate and reliquidate entries without IEEPA duties (EY) (March 6) More

• US: US Trade Court orders refund and removal of IEEPA duties for importers following US Supreme Court decision (KPMG) (March 6) More

• US: Appeals Court fast tracks Trump tariff refund case (Regfollower) (March 5) More

• US: Biomass under sections 45Y and 48E (KPMG) (March 5) More

• US: Notice 2026-17 charts a simpler Section 987 path with targeted loss relief (PwC) (March 5) More

• US: Tax Court analyses application of economic substance doctrine (PwC) (March 5) More

• US: California trial court grants alternative apportionment relief from single-sales factor (PwC) (March 4) More

• US: US Tax Court: Basis in promissory note issued to disregarded entity and contributed to partnership was zero (KPMG) (March 4) More

• US: Accounting method implications of Learning Resources case (KPMG) (March 3) More

• US: Guidance on sec. 987, depreciation, CAMT released; other guidance under OIRA review (Deloitte) (March 3) More

• US: State tax matters (Deloitte) (March 3) More

• US: Trump promotes trade policy in State of the Union address (Deloitte) (March 3) More

• US: US indirect tax digest (PwC) (March 3) More

• US: USTR presents President Trump’s 2026 trade policy agenda to Congress (KPMG) (March 3) More

• US and Singapore: Singapore to engage USTR over section 301 probe citing disputed trade data (Regfollower) (March 14) More

• US and Italy: Italian court confirms that non-EU corporations may claim refunds on dividend withholding taxes paid (PwC) (March 12) More

• US and Spain: Trump threatens full trade embargo on Spain over Iran strikes (Regfollower) (March 5) More