Latest News
-
The New Entry Level: Why AI Is Transforming Career Pathways
AI Is Transforming the First Step in a Career The…
-
Tax Transparency in Latin America: A 2024 Breakthrough Against Evasion and Illicit Flows
How Regional Cooperation and Exchange of Information (EOI) are Driving…
-
PwC to Cut 1,500 U.S. Jobs Amid Prolonged Low Attrition and Strategic Restructuring
Job Cuts Hit Recently Hired and Promotion-Eligible Staff as PwC…
-
UK Launches Open Consultation on Transfer Pricing, Permanent Establishment and Diverted Profits Tax
Stakeholders are invited to review the draft legislation and submit…
-
Egyptian Tax Authority Launches New Tax Facilitation Initiative at RiseUp 2025 Summit to Support Digital Entrepreneurs
Through Its E-Commerce Tax Unit, the Egyptian Tax Authority Engages…
-
Trump Targets Global Cinema with 100% Tariff on Foreign-Made Films, Citing Hollywood’s “Fast Death”
Donald Trump announces sweeping new tariffs on international movie imports,…
-
Egypt Opens Doors to Digital Growth — Foreign Platforms Must Register Under Clear VAT Rules
Egyptian Tax Authority (ETA) Rolls Out a Transparent, Hassle-Free VAT…
-
Italy Targets Meta, X, and LinkedIn in Landmark VAT Tax Case
Italy Seeks Nearly €1 Billion in VAT payments from Meta,…
-
Egypt: Minister of Finance in an Open Dialogue with Tax Leadership and Executives
Fostering Trust, Partnership, and Business Confidence Through Fair and Efficient…
-
EU Extends Suspension of Tariffs on U.S. Products Until April 14, 2025
The European Commission extends tariff suspension on U.S. imports until…
-
Turkey Decides Not to Implement OECD’s Amount B for Now
Amount B will not be applied to transactions involving distributors,…
-
PwC Faces Advisory Ban in Saudi Arabia Until 2026
The ban could lead Saudi authorities to implement stricter compliance…
-
Council Reaches Political Agreement on DAC9
MNEs will be required to submit their first top-up tax…
-
Key Priorities of the European Commission in Taxation
Focus on Green Transition, Addressing the VAT gap, and Commitment…
-
KPMG Announces Major Global Restructuring
The overhaul will reduce the number of the firm’s “economic…
-
EU-US Trade: How Tariffs Could Impact Europe
European Parliament publishes key insights into EU-US trade relations and…
-
Italian Authorities Investigate Amazon Over Alleged €1.2 Billion VAT Fraud
The investigation, led by the Milan Prosecutor’s Office, could impact…
-
Pillar One Amount B: Key Update on Marketing and Distribution Activities
Jurisdictions can adopt OECD’s Latest Guidelines on the Amount B…
-
US: Trump Administration Cuts 6,700 IRS Jobs Amid Tax Season
Many of the eliminated positions are associated with tax compliance…
-
US Weighs Tariff Response to Foreign Digital Services Taxes
DSTs imposed by France, Austria, Italy, Spain, Turkey, the UK,…
-
Egypt: Transforming Taxation in 2025 – Key Highlights of Laws No. 5, 6, and 7
New tax laws simplify compliance, offer SME incentives, and modernize…
-
UAE Ministry of Finance’s eInvoicing Consultation Closes on 27 February
Businesses and stakeholders have until 27 February to submit feedback…
-
India Unveils Union Budget 2025 with Tax Reforms reinforcing ambition to become a global investment and financial hub
New Income Tax Bill on the horizon, push for certainty…
-
Prominent US Lawmakers Back Automated Tax Filings Saving $11 Billion Annually and Disrupting Tax Preparation Industry
US Lawmakers Advocate for Expansion of IRS Direct File Program…
-
Belgium: Circular Letter Provides Guidance on “VAT Chain” Reform
Important Changes to Belgian VAT Filing and Payment Rules
-
European Union: Poland Sets Strategic Priorities for Its EU Council Presidency
Focus Areas Include: Tax Governance & Competitiveness, Closing the VAT…
-
Egypt’s New Tax Incentive Law: A Catalyst for SME Growth and Economic Prosperity
A Bold Move Towards a More Dynamic Business Landscape
-
European Union: FASTER Directive Published in the EU Official Journal
Digital Tax Certificates, Fast-Track Refund Systems, and New Financial Intermediary…
-
US Rejects UN Framework Convention on International Tax Cooperation
As unduly restricting nations’ ability to set independent tax policies
-
Mexico and U.S. Reach Last Minute Deal on Tariffs
Agreement to Delay Tariffs for 1 month Amid Border Security…
-
U.S. Announces New Tariffs on Canada, Mexico, and China
President Trump issued Executive Orders imposing new tariffs on imports…
-
Canada Imposes 25% Tariffs on $30 Billion Worth of U.S. Goods
Access The List!
-
Escalating Trade Tensions: U.S. Tariffs on Canada and Canada’s Retaliatory Measures
Update on the latest U.S. tariff measures against Canada and…
-
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…
-
Egypt 2025: Launching the Strategic Committee for Digital Economy and Entrepreneurship
A Pivotal Step Towards Enhancing Innovation and Economic Growth in…
-
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…
-
America First Trade Policy: A New Strategy for Economic Growth and Security
White House publishes memorandum that sets deadlines for various investigations…
-
Egypt And The Sultanate Of Oman Convention For The Elimination Of Double Taxation And The Prevention Of Tax Evasion With Respect To Taxes On Income.
Ensuring Tax Fairness and Promoting Stronger Economic Ties Between the…
-
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!
-
Netherlands Introduces New VAT Rules for Holding Companies Effective July 2025
Updated VAT Deduction and Grouping Rules Aim to Align with…
-
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…
-
Spain Prioritizes Football Once Again with Madrid’s “Mbappé Law” Benefiting Star Player´s Personal Income Tax
This isn’t the first instance of Spanish Personal Income Tax…
-
Global VAT Changes for 2025: What You Need to Know at the start of the New Year
From new tax rates to mandatory e-invoicing and digital economy…
-
Canada Braces for Possible Trump Tariffs with Retaliatory Measures
Expected 25% tariff on all Canada- US imports, Canada is…
-
Transfer Pricing and Tax Compliance in Morocco: Navigating the Evolving Landscape
An In-depth Exploration of Morocco’s Transfer Pricing Regulations, OECD Alignment,…
-
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
-
New Bank Accounts Introduced for VAT Payments on Digital Services in Egypt
Non-Resident Vendors must adhere to currency-specific transfers to comply with…
-
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…
-
Egypt: Enhanced VAT Compliance Measures for Digital Services
Egypt enforces stricter VAT rules for non-resident digital service providers,…
-
EU VAT: new ruling on EV charging – key insights for CPOs and eMSPs
CJEU ruling clarifies EU VAT treatment for EV charging value…
-
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…
-
Egyptian Minister of Finance Inspects the E-Commerce Tax Unit Pavilion at Cairo ICT for Middle East and Africa 2024
E-Commerce Tax Unit Showcases Leadership in Digital Taxation at Cairo…
-
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…
-
Navigating the ESG Landscape: Transfer Pricing in a Sustainable World
Exploring how ESG principles are reshaping business practices and financial…
-
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…
-
UK Unveils Budget with Targeted Tax Reforms Aiming to Raise £40 Billion
Labour’s New Tax Measures: Key Changes
-
US IRS Announces Inflation Adjustments for Tax Year 2025
Details on adjustments and modifications to over 60 tax provisions…
-
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…
-
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…
-
EU Commission Proposes DAC9 to Simplify Compliance for Businesses under Pillar 2 Directive
Enhanced Administrative Cooperation in Taxation: update is aimed at simplifying…
-
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…