admin
-
U.S. Tariff Threats Force Immigration Agreement with Colombia
Drafted tariffs and sanctions have been placed on hold
-
Uncertainty Looms Over IRS as Trump Speaks about Terminating or Repurposing 88,000 IRS Workers
We’re in the process of developing a plan to either…
-
China’s 2025 Business Climate Survey Highlights Shifting Sentiments Among US Companies in China
As US and Chinese companies prepare for the potential impact…
-
HMRC Under Fire for Poor Customer Service and Widening Tax Gap
UK House of Commons Committee Report Highlights Concerns with HMRC’s…
-
EU Criticizes Trump Administration’s Withdrawal from Global Tax Deal
Highlighting the need for fair taxation and advancing climate initiatives…
-
U.S. Administration Rejects OECD Global Tax Deal to Reassert Sovereignty
Any commitments made by the previous administration regarding the Global…
-
US: IRS Commissioner Resigns on Trump´s Inauguration Date, Democrats Raise Concerns Over IRS Nominee
As IRS Commissioner Danny Werfel steps down, Trump´s Candidate Billy…
-
President-Elect Trump Announces Creation of ‘External Revenue Service’ to Collect Tariffs
President´s Inauguration date, January 20, 2025 will be the birth…
-
EU Trade Relations with the United States: Facts and Figures
With rising trade uncertainty between the US and its closest…
-
Overview of China’s Value-Added Tax (VAT) Law
VAT Law is Available to Download in English Here!
-
Accenture Secures Landmark Victory in the Danish Supreme Court
First Ruling Favoring a Taxpayer in a Transfer Pricing Case
-
China’s New VAT Law is Set to Take Effect January 1, 2026
Adopted end of December 2024, it aims aligning China´s VAT…
-
US: IRS Outlines Plans on Simplified Approach for Pricing Controlled Transactions Involving Marketing and Distribution activities
Notice 2025-4 Aligns with OECD Report on Amount B of…
-
Canada Braces for Possible Trump Tariffs with Retaliatory Measures
Expected 25% tariff on all Canada- US imports, Canada is…
-
European Union: Council Adopts New Withholding Tax Procedures via FASTER Directive
New rules take effect from January 1, 2030: Introducing Digital…
-
UAE Implements Domestic Minimum Top Up Tax
Ministry of Finance Announces Updates to Corporate Tax Law Affecting…
-
EU Adopts 15th Package of Restrictive Measures on Russia
Limiting Russia’s access to resources by enhancing trade restrictions, targeting…
-
European Union: Council Introduces Electronic VAT Exemption Certificate
Modernizing Tax Procedures, replacing paper VAT exemption certificates for Embassies,…
-
US Tightens Controls to Restrict China’s Access to Advanced Semiconductor Technology
Strategic export controls to “address national security threats”
-
China´s New Export Control Regulations
Overview of the New Regulations on Export Control of Dual-Use…
-
The EU has ABSTAINED in the vote on UN Resolution on Tax Cooperation
EU Released Statement calling out “serious outstanding reservations” on UN General…
-
OECD Tax Revenue Trends and Insights for 2023
Recent OECD reports show average tax-to-GDP ratio among OECD countries…
-
France´s Electronic Invoicing Reform: Updated Guidelines from the DGFIP
Revised factsheets on the transition to mandatory electronic invoicing in…
-
Germany’s New Transfer Pricing Compliance Rules for 2025
Stricter deadlines, higher penalties effective January 1, 2015
-
European Union: ECJ Confirms that Relocating Production to Evade Tariffs Could Not Be Deemed “Economically Justified”
A Landmark Case Amidst Anticipated Tariff Turmoil: Shift to Material…
-
Trump’s Tariff Proposals: A Controversial Economic Strategy
Talk of the Town on the Thanksgiving Holiday: Sweeping US…
-
OECD 2023 MAP & APA Awards: Discover the Fastest, Most Efficient amongst OECD Countries
Announced at the 2024 OECD Tax Certainty Day, celebrating jurisdictions…
-
European Commission Refers Germany to Court of Justice Over Discriminatory Tax Treatment
November Infringement Package contains discriminatory tax practices related to reinvested…
-
Australian Parliamentary Committee´s Report Recommends Limiting partnerships to 400 partners, PwC Australia to be barred from tendering for government contracts
Report on Ethics and Accountability in the Audit and Consultancy…
-
UK Companies to Receive £700 Million Windfall After European Court of Justice Reverses Tax Ruling
Repayment obligation on the UK government at a time of…
-
Australia: Insights on Tax Settlements and Compliance in 2023–24 for Public and Multinational Businesses
Litigation resulted in favorable outcome for ATO in 53% of…
-
UAE Releases 176 pages Corporate Tax Guide
A structured guide to completing and submitting Corporate Tax Returns,…
-
Egyptian Tax Authority Participates in Cairo ICT 2024
November 17 to 20 at the Egypt International Exhibition Center…
-
China’s $1.4 Trillion Debt Plan and Trump’s Return
China’s Economic Stimulus Amid Rising Global Tensions
-
Germany: How the end of Governing Coalition impacts Tax
While Numerous Legislative Projects are Expected to be delayed, Minority…
-
UAE Launches Dedicated E-Invoicing Information Portal to Streamline Future Tax Reporting
Set to launch in 2026, the e-Invoicing system will enable…
-
US: Republicans Positioned to Control Congress and Push Tax Cuts
Republicans are Set to Tackle Key Agenda Amid Federal Debt…
-
UAE: Grace Period for Updating Tax Records
Public Clarification from the Federal Tax Authority allowing businesses to…
-
What to Expect from Trump’s Tax Policy in His Return to the White House
Donald Trump’s renewed economic agenda highlights a focus on tax…
-
William McKinley’s Economic Policy Evolution: Lessons for Trump’s Second Term
William McKinley began with a strong stance on high tariffs…
-
Breaking News: European Union Finally Adopts VIDA Package to Modernize VAT System
Real-Time Digital Reporting and E-Invoicing will become mandatory in the…
-
Direct Tax | E-Invoicing and E-Reporting | Indirect Tax | Latest News | Tax Policy | Transfer PricingDeep Dive into Tax Measures from UK´s Autumn 2024 Budget
Alongside the many announced changes, key highlights include efforts to…
-
US IRS Announces Inflation Adjustments for Tax Year 2025
Details on adjustments and modifications to over 60 tax provisions…
-
UK Unveils Budget with Targeted Tax Reforms Aiming to Raise £40 Billion
Labour’s New Tax Measures: Key Changes
-
Spain Introduces New Technical Specifications for Approved Invoicing Software: VERI*FACTU
English translation available to download here!
-
Belgium Releases Draft Qualified Domestic Minimum Top-Up Tax (QDMTT) Return
Available to download in English Here! First submission deadline set…
-
EU Commission Proposes DAC9 to Simplify Compliance for Businesses under Pillar 2 Directive
Enhanced Administrative Cooperation in Taxation: update is aimed at simplifying…
-
UK Prime Minister’s Definition of “Working People” Sparks Debate as Labour Faces Scrutiny Over Upcoming Budget
Awaiting for Labour´s First UK Budget in 14 years, to…
-
Mark Your Calendar: EU´s November 5 ECOFIN Meeting to Feature Key Developments on ViDA
Full Agreement expected at the next November 5th EU Economic…
-
Argentina Announces Dissolution of Federal Tax Authority (AFIP) and Creation of New Agency
Collections and Customs Control Agency (ARCA) will be established with…
-
France’s 2025 Budget: Tax Hikes targeting the Rich and Spending Cuts to Address Deficit
2025 Budget Plan: €20 billion is expected to be sourced…
-
Australia: Changes to Country-by-Country Local File Reporting
Effective from 1 January 2025, most significant change to CbC …
-
EY Reports Global Revenue of US$51.2 Billion for FY24, Highlights Strong Tax Performance
Sharp decline vs last year overall
-
EU Deforestation Law: Council Extends Application Timeline by 12 Months
The regulation will still require that products placed on or…
-
-
France Issues Update on B2B Electronic Invoicing
PDPs will serve as the exclusive means for exchanging invoices
-
German Tax Authorities Update on Mandatory Electronic Invoicing for Domestic B2B Transactions
Translation to English Available to Download Here!
-
OECD Examines Tax Arbitrage in Closely Held Businesses
OECD Taxation Working Papers No 70 Released
-
Australia´s Administrative Review Tribunal Begins Operations
New Pathway for Taxation Disputes
-
Deloitte Reports FY2024 Revenue of $67.2 Billion, Expands Workforce to 460,000
Tax & Legal achieved the fastest growth benefiting from Changing…
-
China Imposes Tariffs on European Brandy
A levy of up to 39% in Response to EU´s…
-
EY US Partners Face Deferred Compensation
Financial Struggles and Leadership Criticism
-
Egypt introduces the First Package of Tax Reforms aimed at Driving Economic Transformation and Attracting Investment
20 Key Measures to Build Trust with Taxpayers and Streamline…
-
The EY 2024 Tax and Finance Operations Survey: Managing Transformation Amid Cost Pressures and Talent Shortages, with GenAI Still Underutilized
Companies struggle with “Doing More with Less” in Ever More…
-
EU Approves Tariffs on Chinese Electric Vehicles Following Anti-Subsidy Probe
Additional tariffs on Chinese-made EVs up to 35.3% for five…
-
EU Reaffirms Commitment to Inclusive and Effective International Tax Cooperation
EU has approved its official position concerning UN Framework Convention…
-
EU Removes Antigua and Barbuda from the List of Non-Cooperative Tax Jurisdictions
11 jurisdictions remain as Non-Cooperative
-
EU Court Confirms Legality of Dutch Law Limiting Interest Deduction on Intra-Group Loans
Judgment of the Court of Justice of the European Union…
-
Brazil Introduces OECD Pillar Two Rules with Provisional Measure
Translation to English Available to Download Here!
-
Corporate Income Tax | Direct Tax | European Court of Justice | European Union | Latest News | Tax PolicyUK Wins EU Dispute on CFC Rules at the Court of Justice
EU’s Legal Setback and Britain’s Win Reinforce Sovereignty Over Tax…
-
UAE Implements Revisions to VAT Executive Regulations
Set to take effect on November 15, 2024
-
European Commission Takes Legal Action on Taxation Matters Across Member States
October Infringements Package on Taxation and Customs Union: Hungary, Malta,…
-
US IRS Updates on Transfer Pricing Penalties
Stricter Enforcement and Documentation Standards
-
Saudi Arabia Announces Criteria for 16th Group in E-Invoicing Integration Phase
Aimed at establishments with revenues subject to value-added tax (VAT)…
-
Ireland’s Budget 2025
Spending, Revealing Largest social protection package in Ireland´s history
-
New Rules on Jurisdiction Transfer Between the Court of Justice and the General Court Now in Effect
Cases on VAT, excise duties, the Customs Code, tariff classification…
-
OECD publishes Analysis of Tax Reforms implemented or announced in 2023 across 90 jurisdictions
Tax Policy Reforms 2024: OECD and Selected Partner Economies
-
UK´s HMRC is Hiring in Tax in Large Numbers!
HMRC Launches Recruitment Campaigns, 5,000 new compliance staff are expected…
-
US International Tax Policy Update: Harris Supports Biden Reforms while Trump Proposes Tariff Changes
Democrats are drafting legislation in case Harris wins, Trump proclaims…
-
OECD/G20 Inclusive Framework Introduces Model Competent Authority Agreement
Aimed at Facilitating Amount B Implementation, simplified and streamlined pricing…
-
UAE Extends Deadline for Filing Corporate Tax Returns and Settling Corporate Tax Payable for Certain Taxpayers
December 31, 2024 is the new deadline for such tax…
-
European Commission to Register Imports Under Trade Defence Investigations
Further Measures to Combat Unfair Competition
-
Peru Clarifies Informative Affidavit Requirements for Goods´ Transactions with Related Parties
English Translation of Guidelines Available Here!
-
Lithuania launches Pilot Program for Real-Time VAT Return Assessments
Real time data comparison between E-Invoicing System and VAT returns…
-
UK: Upcoming Consultation on E-invoicing for B2B and B2G; Digital Transformation Roadmap will be released in Spring 2025
UK´s Chancellor Unveils Series of Measures to Deliver on Government’s…
-
Slovakia: Draft Tax Measures for 2024
Multiple Tax changes expected under the Government of Robert Fico
-
German E-Invoices: Email Inbox Now Sufficient for Receipt
Significant Flexibility on the Requirement to Receive AP Invoices by…
-
Saudi Arabia Invites Taxpayers to Take Advantage of the Cancellation of Fines and Exemption of Penalties Initiative
Concludes on December 31, 2024
-
European Union: Reminder of the September 30 VAT Refund Deadline
Applicable for EU and Most of Non-EU Businesses Refunds
-
OECD: Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule is Signed by 9 countries
New Treaty Strengthens Pillar Two Global Minimum Tax with Subject…
-
US: House Republicans Condemn Biden-Harris Administration’s Support for OECD Global Tax Deal
Firm opposition to the OECD’s global minimum tax deal, the…
-
New European Commission and the apparent downscaling of Taxation from the priorities
Taxation sits in an unlikely portfolio with Climate, Net Zero,…
-
HMRC Issues New VAT Compliance Guidelines
HMRC’s expectations around VAT accounting
-
The Netherlands: Budget Day 2025 and Tax Changes Announced
How the Dutch Cabinet’s 2025 Budget Affects Taxpayers
-
Poland: Rules for the Digitization of Accounting Documentation in CIT
Mandating the use of structured electronic formats for accounting records
-
Colombian 2024 Tax Reform Bill Submitted to Congress
Impact on Corporate and Capital Gains Rates
-
US IRS: September 16 Deadline for Third-Quarter Estimated Tax Payments
Millions of taxpayers across the U.S. are reminded to make…
-
US: Biden-Harris Administration Introduces Measures aimed at E-Commerce
Tackling Unsafe De Minimis Shipments
-
Latest OECD publications on the outcomes of the implementation of BEPS Action 13 and Action 14
Latest BEPS Developments
-
Apple Case: Ireland´s reaction to getting 13 bln EUR richer
Transferring the assets in the Escrow Fund to Ireland will…