India’s offer to provide information technology and related industries more certainty about their tax positions is gaining intense interest, especially because it’s seen as a way to avoid prolonged disputes with tax authorities.
The Philippines is planning to implement a 15% global minimum tax for large multinationals, the national tax authority says.
Italy breached EU law by allowing taxpayers to wipe out up to 95% of assessed value-added tax, plus penalties and interest, under a 2023 one‑off scheme for settling tax disputes, according to an adviser to the European Court of Justice.
Anthropic CEO Dario Amodei called on governments to tax AI companies to fund a universal basic income and introduce employee retention incentives to account for the potential impact the technology could have on the labor market.
A late effort to include new EU-wide taxes in the bloc’s next budget plan fell through as none of the additional levies—on digital services, crypto assets, and online gambling—were included in the amended proposal.
The Kazakhstani President June 10 signed a law ratifying the DTA and protocol with Oman, signed May 29, 2025. [Kazakhstan, Office of the President, 06/10/26]
The Brazilian Official Gazette June 10 published Decree Nos. 13,005 and 13,006, promulgating the second protocols to the: 1) 2018 DTA With Singapore, signed April 17, 2023, which entered into ...
The German lower house of parliament (Bundestag) June 9 accepted for consideration Bill No. 21/6333, to permanently reduce the VAT rate on supplies of gas and heat. The bill includes ...
Colombia’s budget deficit is set to narrow this year and in 2027, according to latest finance ministry forecast. However, those projections assume the approval of a tax bill raising a significant chunk of additional revenue.
The US Treasury is keeping a close eye on forthcoming guidance from the OECD that’s meant to ensure the global minimum tax framework maintains its integrity, a top department official said Friday.
To understand the contradictions at the heart of President Donald Trump’s trade policy, look no further than the humble cup of coffee.
Democratic lawmakers seized on
Democratic Senator
The IRS lost some of its most experienced employees in the steep workforce exodus during the Trump administration’s first year, the agency’s watchdog said.
Pakistan unveiled a budget aimed to bolster growth with tax cuts for businesses, while also making an effort to preserve fiscal gains amid rising oil prices.
Pakistan has exempted sales tax on imports for upgrading refineries from 18% earlier, says Hamid Ateeq Sarwar, member strategic transformation at Federal Board of Revenue in Islamabad briefing.
Finance minister Muhammad Aurangzeb says govt plans to retain super tax on banks, oil, fertilizer companies in FY starting July.
Ride-hailing company Bolt is ineligible to use a value-added tax relief scheme for its on-demand cab services, the UK Court of Appeal ruled Friday.
Investors and retail traders from across the US and around the world were glued to their screens on Friday as
For a few hours last weekend, Tether’s
The US agency charged with overseeing derivatives trading sued New Mexico, adding to a slew of Democratic-led states the federal regulator has brought to court in its campaign to assert exclusive authority over the burgeoning prediction market industry.
FTX co-founder
Pre-IPO trading in derivatives linked to
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