Europe’s market for collateralized loan obligations is digesting an unexpected revision to an existing ruling that will hit certain vehicles with a value-added tax that will impact their equity returns.

South African Finance Minister Tito Mboweni’s budget this week is unlikely to convince Moody’s Investors Service that he has a credible plan to rein in government debt.

This weekend roundup of Bloomberg Tax Insights includes a look at the the “quick fixes” to the EU’s value-added tax system; India’s dividend tax regime; Britain’s post-EU taxes; Mexico’s 2020 tax reform; and Pillar Two of the OECD’s Inclusive Framework on Base Erosion and Profit Shifting.

European finance chiefs arrived at a meeting of their global peers in Riyadh demanding the urgent creation of a new global tax system for the 21st century that would capture the profits of tech multinationals. U.S. Treasury Secretary Steven Mnuchin responded: it’s not that simple.

U.K.’s tax authority set up a secretive unit to investigate the use of so-called family investment companies by the very wealthy to avoid inheritance tax, Financial Times reports.

Mexico’s Deputy Finance Minister Gabriel Yorio tells Radio Formula that the government is looking into multiple options for fiscal and financial reforms in Mexico but said no tax increases are in the horizon.

Over decades of dealmaking, Stefano Pessina turned his family’s Italian wholesale pharmaceutical business into the largest retail pharmacy in the U.S. and Europe.

Peter Blessing, an associate chief counsel at the IRS, joins Bloomberg Tax senior reporter Allyson Versprille to talk about the agency’s strategy for wrapping up implementation of the 2017 tax law.