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

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Global​​​​​​

• Report on recent US international tax developments (EY) (July 18) More

• Taxing cross-border services (IMF) (July 18) More

• Taxing the matchmakers: How Digital Services Taxes cascade through online commerce (Tax Foundation) (July 18) More

• 2026 M&A Tax Survey Report: Tax as a strategic value driver (Deloitte) (July 17) More

• A benchmark supports a margin. But the margin still has to come from the accounts. That is where many TP files become fragile. (Borys Ulanenko on LinkedIn) (July 17) More

• Economic impact assessment of the global minimum tax – 2026 update (OECD) (July 17) More

• PE watch (EY) (July 17) More

• Global tax policy and controversy watch (EY) (July 16) More

• MNE responses to the Global Minimum Tax (OECD) (July 16) More

• OECD implementation assistance with GloBE rules (Alex Parker) (July 16) More

• Shipping and offshore tax update (KPMG) (July 16) More

• Temporal information asymmetry: how technology is shaping the future of transfer pricing controversy (Joel Cooper on LinkedIn) (July 15) More

• BEPS Action 5: harmful tax competition –  What is “substance”? (Jonathan Schwarz on Kluwer International Tax Blog) (July 14) More

• Trade talking points (EY) (July 14) More

• You probably do not need a TP documentation solution (Borys Ulanenko on LinkedIn) (July 14) More

• Diving in: A strategic roadmap for AI adoption in Tax – AI-enabled tax transformation (Deloitte) (July 11) More

• Riding the wave: A framework to plan for AI – AI-enabled tax transformation (Deloitte) (July 11) More​​

• Most transfer pricing benchmark files do a decent job showing the mechanics (Borys Ulanenko on LinkedIn) (July 10) More

• Permanent Establishments Series #2: Data centers and servers (Loyens & Loeff) (July 10) More

• Pillar Two GIR filing extensions and transitional relief (KPMG) (July 10) More

• Global indirect tax news (Deloitte) (July 9) More

• Navigating Q2 2026: Essential income tax accounting insights (Alvarez & Marsal) (July 9) More

• Recent trade developments (July 2026) (Deloitte) (July 8) More

• The 4 requirements for robust risk allocation in transfer pricing (Paul Sutton on LinkedIn) (July 8) More

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Asia Pacific​

• Australia: Consultation on administrative details of critical minerals tax incentives (KPMG) (July 17) More

• Australia: Updated guidance: R&D activities conducted for an associated foreign corporation (Tax authorities) (July 16) More

• Australia: Weekly tax round-up (Deloitte) (July 15) More

• Australia: Updated guidance addressing global and domestic minimum tax filing obligations (KPMG) (July 14) More

• Australia: New bill would broaden foreign-resident CGT regime, with transitional CGT concession for renewables (EY) (July 11) More

• Australia: Treasury issues consultation paper on minimum tax for discretionary trusts (Deloitte) (July 11) More

• Australia: Capital gains tax changes for foreign residents introduced to parliament (Deloitte) (July 10) More

• Australia: Consultation on implementation of minimum tax on discretionary trusts (KPMG) (July 10) More

• Australia: Weekly tax round-up (Deloitte) (July 8) More

• China: China announces end of vehicle and vessel tax exemptions for pure electric, plug-in hybrid, and fuel cell commercial vehicles from 1 January 2027 (in Chinese) (Tax authorities) (July 8) More

• Hong Kong: Hong Kong refines fund and family office tax regime: key changes and implications (Ascentium) (July 11) More

• India: Capital reduction is not subject to buyback taxation (tribunal decision) (KPMG) (July 15) More

• India: Comments on Inductotherm transfer pricing case (David Zářecký on LinkedIn) (July 14) More

• India: Vodafone Idea case – transfer pricing – outbound payments of royalty and interest – advertising, marketing and promotion expenditure (TPcases) (July 14) More

• India: Bay Lines case – Intermittent use of premises of an Indian agent (subject to the agent’s permission) does not create a fixed place permanent establishment under the India / Mauritius double tax treaty (Tribunal decision) (July 13) More

• India: Jane Street Capital’s Indian tax battle begins (Poonam Khaira Sidhu on SSRN) (July 13) More

• India: Intermittent use of premises of an Indian agent subject to its permission does not create PE (tribunal decision) (KPMG) (July 8) More

• India: IMAX case – remote maintenance services for theatre systems – permanent establishment under Canada / India double tax treaty (Delhi Income Tax Appellate Tribunal) (Tribunal decision) More

• Japan: Japan tax update: tea, tariffs and top-up taxes (PwC podcast, 41:38) (July 8) More

• Korea: Proposal to extend statute of limitations when companies delay or refuse to submit documents during audits, government review of tax incentives programs; other tax developments (KPMG) (July 9) More

• Malaysia: e-Invoice Special Voluntary Disclosure Programme is available (Deloitte) (July 18) More

• Malaysia: Tax developments focusing on transfer pricing, e-invoicing, and investment incentives (July 2026) (KPMG) (July 15) More

• Malaysia: Revised service tax guide on employment services includes significant changes (Deloitte) (July 10) More

• Malaysia: New measures to support e-invoicing initiative (KPMG) (July 8) More

• Singapore: Guidance on whether dividend income from Company B that is used for the payment of dividends by Company A to its shareholder is regarded as received or deemed to be received in Singapore under section 10(25) (Tax authorities) (July 14) More

• Singapore: Updated guidance on withholding tax on specified payments (Tax authorities) (July 10) More

• Sri Lanka: Amendments to VAT Act (KPMG) (July 18) More

• Vietnam: Circular 95/2026/TT-BTC on the application of the Advance Pricing Agreement framework (PwC) (July 17) More

• Vietnam: Decree 254 and Circular 91 on electronic invoices (KPMG) (July 17) More

• Vietnam: New guidance on tax treaties, mutual agreement procedures, and advance pricing arrangements (KPMG) (July 16) More

• Vietnam: Vietnam updates digital tax regulatory framework with new guidance (EY) (July 11) More

• Vietnam: New transfer pricing decree (in Vietnamese) (Government) (July 10) More

• Vietnam: Choosing the right investment structure to maximize corporate tax incentives in Vietnam (Ascentium) (July 9) More

• Vietnam: Updated guidance on various aspects of tax administration (KPMG) (July 9) More

• Vietnam: Amendments to transfer pricing framework (KPMG) (July 8) More

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Europe​​

• Belgium: Belgian VAT authorities restrict the scope of “non-transfer of own goods” regime for temporary cross-border movements (DLA Piper) (July 16) More

• Belgium, Luxembourg, and Netherlands: Falling asleep at work after the World Cup final: could this justify disciplinary action? (Loyens & Loeff) (July 18) More

• Cyprus: Cyprus adopts additional Pillar Two guidance and confirms entry-into-force dates for Side-by-Side package safe harbours; European Commission confirms qualified status of Cypriot IIR (EY) (July 8) More

• Denmark: Withholding tax refund case – Refund claims for interest and royalty withholding tax submitted by non-residents are subject to 5-year limitation period, rather than the general 3-year period (in Danish) (Court decision) (July 13) More

• Denmark: Withholding tax refund claims are subject to five-year limitation period (Supreme Court decision) (KPMG) (July 10) More

• EU: EU tribunal rules that VAT exemption for credit management by those who granted it does not apply after credit assignment (DLA Piper) (July 16) More

• EU: Schoger II case – Austria’s VAT broad exemption for services provided between companies in the financial, insurance, and pension fund sector breaches the EU State aid rules (ECJ decision) (July 13) More

• EU: CJEU Advocate General opinion on loss-making non-resident shareholder receiving dividends subject to withholding tax (KPMG) (July 10) More

• EU: CJEU Advocate General opinion that Luxembourg correctly transposed ATAD interest limitation rules (KPMG) (July 10) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) (July 10) More

• EU: European Commission publishes (1) ATAD evaluation report and (2) study examining possible reforms to taxation of financial sector (KPMG) (July 10) More

• EU: European Commission publishes July 2026 infringements package (Deloitte) (July 10) More

• EU: European Commission publishes Tax Omnibus proposal – Key potential impacts for the financial sector (PwC) (July 10) More

• EU: European Parliament workshop on possible EU-wide DST (KPMG) (July 10) More

• EU and Sweden: AG opines Swedish rules for dividend withholding tax refund incompatible with EU law (Deloitte) (July 18) More

• EU and Luxembourg: AG opines Luxembourg securitization entities are financial undertakings under ATAD (Deloitte) (July 17) More

• EU and Italy: EU Council permits Italy to operate split-payment VAT system until June 2029 (EU Council) (July 14) More

• EU and US: President Trump calls out DSTs, vows 100% tariffs in response (Deloitte) (July 8) More

• France: Compliance expectations during e-invoicing start-up phase (KPMG) (July 17) More

• France: Implementation of mandatory e-invoicing (in French) (Government) (July 16) More

• France: Public CbC reporting – rules on format for presentation of information (in French) (Government) (July 14) More

• France: Pillar Two: First GIR filing deadline extended (Deloitte) (July 11) More

• Germany: Recent CJEU ruling raises questions about German real estate transfer tax (Hengeler Mueller) (July 18) More

• Germany: Germany draft Annual Tax Act 2026 proposes opt-in VAT grouping regime (DLA Piper) (July 16) More

• Germany: Draft Annual Tax Act 2026; other VAT developments (KPMG) (July 15) More

• Germany: Updated guidance on permanent establishments (KPMG) (July 10) More

• Germany: Updated model double tax treaty (in German) (Government) (July 10) More

• Gibraltar: Gibraltar issues Budget 2026 (EY) (July 15) More

• Greece: Tax provisions for investment funds and fund managers under new law (KPMG) (July 16) More

• Greece: Extension of Pillar Two top-up tax returns filing deadline and launch of GIR platform (KPMG) (July 14) More

• Greece: New tax rules for AIFs, carried interest, and investment incentives introduced (Deloitte) (July 10) More

• Greece: Circular reverses VAT treatment of contracts for differences (Deloitte) (July 9) 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: Avaya International case – Foreign royalty withholding tax cannot be deducted as trading expenses – foreign tax credit is the only method for double tax relief (Court decision) (July 13) More

• Italy: Continued application of VAT split payment mechanism confirmed (Deloitte) (July 17) More

• Italy: Barter transactions: Italy finalises the new VAT taxable base rules (DLA Piper) (July 16) More

• Italy: New consolidated income tax code, effective 1 January 2027 (in Italian) (Government) (July 8) More

• Italy and EU: EU Council permits Italy to operate split-payment VAT system until June 2029 (EU Council) (July 14) More

• Lithuania: Draft guidance on transfer pricing documentation and determining the arm’s length price (in Lithuanian) (Tax authorities) (July 14) More

• Luxembourg: Luxembourg clarifies taxation of stock options and proposes new tax regime for employee stock options granted by young innovative companies (EY) (July 9) More

• Luxembourg, Netherlands and Belgium: Falling asleep at work after the World Cup final: could this justify disciplinary action? (Loyens & Loeff) (July 18) More

• Luxembourg and EU: AG opines Luxembourg securitization entities are financial undertakings under ATAD (Deloitte) (July 17) More

• Netherlands: Public consultation on proposed sugar tax (in Dutch) (Government) (July 18) More

• Netherlands: Dutch Court confirms application of Dutch VAT medical exemption for commercial medical testing services (DLA Piper) (July 16) More

• Netherlands: Mutual agreement procedure (MAP) annual report for 2025 (KPMG) (July 10) More

• Netherlands: Deductibility of digital services taxes imposed by foreign countries (in Dutch) (Tax authorities) (July 9) More

• Netherlands, Belgium and Luxembourg: Falling asleep at work after the World Cup final: could this justify disciplinary action? (Loyens & Loeff) (July 18) More

• Norway: TotalEnergies case – transfer pricing – intragroup short term sales of gas – CUP method – security of supply – Court of Appeal decision (in Norwegian) (TPcases) (July 18) More

• Norway: Consultation launched on implementation of EU public CbC reporting directive (Deloitte) (July 8) More

• Poland: Poland enacts substantial amendments to MDR rules (EY) (July 15) More

• Poland: Tax deregulation proposals and court decisions (KPMG) (July 15) More

• Poland: Draft legislation introducing windfall tax on liquid fuels; guidance on e-invoice corrections; other tax developments (KPMG) (July 10) More

• Portugal: New guidance issued on VAT on construction services and residential property projects (Deloitte) (July 18) More

• Romania: New advance pricing agreement rules (KPMG) (July 18) More

• Romania: Romania adopts new rules for advance pricing agreements (EY) (July 8) More

• Romania: Romania introduces mandatory annual transfer pricing report submission for large taxpayers (EY) (July 8) More

• Sweden and EU: AG opines Swedish rules for dividend withholding tax refund incompatible with EU law (Deloitte) (July 18) More

• UK: The securities transfer tax (Slaughter and May) (July 18) More

• UK: “Not currently minded to legislate": the consultation on predevelopment costs after Gunfleet Sands (Slaughter and May) (July 17) More

• UK: Tax news (Slaughter and May podcast, 27:30) (July 17) More

• UK: An opportunity to simplify UK withholding tax on interest (Macfarlanes) (July 16) More

• UK: Consultation on simplifying treaty relief from withholding tax on interest paid overseas (Government) (July 16) More

• UK: Mandatory overseas permanent establishment exemption—draft legislation published (Deloitte) (July 16) More

• UK: UK VAT grouping – Fixed establishment and protection of the revenue (DLA Piper) (July 16) More

• UK: New advance tax certainty service officially launched (Deloitte) (July 14) More

• UK: Policy paper: “Introduction of the Side-by-Side package and amendments to Multinational Top-up Tax and Domestic Top-up Tax” (Government) (July 14) More

• UK: UK tax authority will transform transfer pricing risk assessment (Macfarlanes) (July 14) More

• UK: A new criminal offence for reckless untrue statements in direct tax (Macfarlanes) (July 10) More

• UK: BlueCrest Capital – UK Supreme Court confirms that a salaried partner can be a partner unless deemed to be an employee (Neal Armstrong) (July 10) More

• UK: Draft legislation providing capital gains tax gift holdover relief (KPMG) (July 10) More

• UK: LLP members must be re-classified as employees for tax purposes (Supreme Court decision) (KPMG) (July 10) More

• Ukraine: Cyprus interest case – Interest paid to Cyprus company qualifies for reduced withholding tax under Cyprus / Ukraine double tax treaty – beneficial owner – conduit (in Ukrainian) (Court decision) (July 13) More

• Ukraine: Interest paid to Cypriot company qualifies for reduced withholding tax rate (Supreme Court decision) (KPMG) (July 10) More

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Africa​​

• Botswana: Legislation including increased corporate tax rate, DMTT, and VAT on remote digital services enacted (KPMG) (July 10) More

• Egypt and Middle East: Biannual tax update: Middle East (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE) and Egypt (Baker McKenzie) (July 15) More

• Ghana: Ghana Supreme Court clarifies finality of tax objection decisions and limits on successive tax objections (EY) (July 10) More

• Kenya: Kenya enacts Finance Act, 2026 (EY) (July 9) More

• Kenya: Tax measures in Finance Act, 2026 include CbC reporting changes (KPMG) (July 8) More

• Mauritius: Entitlement to 80% partial exemption on interest income (Privy Council judgment) (KPMG) (July 14) More

• Mauritius: Alteo Energy case – Interest income exemption is not limited to companies whose core business is financing or money lending – consideration of BEPS Action 5 (Privy Council decision) (July 13) More

• Mauritius: Privy Council rules on scope of interest income exemption in Alteo Energy case (EY) (July 10) More

• Mauritius: Proposed tax measures in budget 2026-2027 (KPMG) (July 8) More

• South Africa: Untangling VAT on gold: Constitutional Court draws hard line on zero-rating (EY) (July 14) More

• Tanzania: Finance Act, 2026 analysis (EY) (July 18) More

• Tanzania: Income tax and VAT changes for non-resident providers of digital services (KPMG) (July 11) More

• Uganda: Tax Appeals Tribunal rejects tax authority's treatment of differences between VAT and income tax amounts (EY) (July 11) More

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Middle East & Central Asia

• Middle East and Egypt: Biannual tax update: Middle East (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, UAE) and Egypt (Baker McKenzie) (July 15) More

• Pakistan: Tax and customs measures in Finance Act 2026, including new 5% withholding tax on social media revenue (KPMG) (July 8) More

• Qatar: Qatar issues decree updating Integrated Customs Tariff (EY) (July 17) More​​

• UAE: Guidance on private clarifications (Tax authorities) (July 18) More

• UAE: FTA releases compilation of corporate tax private clarifications (Deloitte) (July 16) More

• UAE: Using a UAE holding company to invest in Asia: a guide for GCC-based investors (Ascentium) (July 11) More

• UAE: GloBE rules – adoption of OECD guidance (Government) (July 9) More

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Americas​

• Brazil and US: USTR issues Notice of Action imposing 25% Section 301 tariffs on imports from Brazil, effective 22 July 2026 (EY) (July 17) More

• Canada: Canada Border Services Agency issues July 2026 trade compliance verification list update (EY) (July 16) More​​

• Canada: Canada extends steel tariff measures for an additional year (EY) (July 15) More

• Canada: Stern – Tax Court accepts that foreign tax slips were sufficient to evidence that foreign withholding taxes were payable by the taxpayer (Neal Armstrong) (July 15) More

• Canada: Canada's Tax Court provides clear transfer pricing guidance in ExxonMobil case (EY) (July 10) More

• Canada: Tax matters (EY) (July 10) More​​

• Canada: Updates on 2026 direct and indirect tax rates and other changes for accounting purposes (KPMG) (July 9) More

• Chile: Guidance on deductibility of purchased carbon credits (in Spanish) (Tax authorities) (July 8) More

• Dominican Republic: Dominican Republic raises corporate rate, adds withholding taxes and accelerated depreciation (PwC) (July 15) More

• Honduras: Law restricting sales tax refunds and expanding sanctioning powers held unconstitutional (Constitutional Chamber of Supreme Court decision) (KPMG) (July 9) More

• Latin America: Digital services taxes and their applicability to Latin America (Antoni Bergas on CIATBlog) (July 9) More

• Mexico: First resolution of amendments to miscellaneous tax resolution for 2026 (KPMG) (July 15) More

• Uruguay: Uruguay issues resolution introducing reporting obligations for digital platforms intermediating real estate rentals (EY) (July 8) More

• US: State tax matters (Deloitte) (July 18) More

• US: Tax news & views (Deloitte) (July 18) More

• US: US Court of Federal Claims: Regulations governing allocation of disqualified-basis GILTI amortization deductions held invalid (KPMG) (July 17) More

• US: US Tax Court: Temporary regulations limiting section 245A dividends-received deduction (DRD) held invalid (KPMG) (July 16) More

• US: Accounting for income taxes: Quarterly hot topics (July 2026) (Deloitte) (July 15) More

• US: Second quarter 2026 state and local tax developments (PwC) (July 14) More

• US: Keysight Technologies case – Court holds that a Treasury rule in GILTI regulations is invalid, because Treasury lacked the statutory authority to issue the rule (Court decision) (July 13) More

• US: When is a fee a tax? (Reuven S. Avi-Yonah on SSRN) (July 13) More

• US: California: Governor signs bill to expand taxation of prewritten software (KPMG) (July 11) More

• US: Report on recent US international tax developments - 10 July 2026 (EY) (July 11) More

• US: State tax matters (Deloitte) (July 11) More

• US: Trade lines (EY) More

• US: Accounting methods spotlight – Q2 2026 (PwC) (July 9) More

• US: US State income tax digest – June 2026 (PwC) (July 9) More

• US: House Ways and Means Committee hearing probes wide range of tax issues in sports (Deloitte) (July 8) More

• US: State and local tax: Redefining the starting line – Q2 2026 (PwC) (July 8) More

• US: Updated GREET model provides clearer picture for section 45Z clean fuel credits (PwC) (July 8) More

• US and Brazil: USTR issues Notice of Action imposing 25% Section 301 tariffs on imports from Brazil, effective 22 July 2026 (EY) (July 17) More

• US and EU: President Trump calls out DSTs, vows 100% tariffs in response (Deloitte) (July 8) More

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