German Business Wants China Transfer Pricing Path Reopened

German multinationals are holding out hope that tax officials and China’s government can break an impasse over cross-border transfer pricing arrangements as the countries restart negotiations over a path to more tax certainty.

UK Man Agrees to Plead Guilty in ‘Singapore Solution’ Tax Case

A UK citizen has agreed to plead guilty over his role in helping Americans use offshore accounts to evade taxes through a scheme known as the “Singapore Solution,” US prosecutors said.

Canada Set to Complete Refunds of Defunct Digital Services Tax

Canada’s tax authority said Thursday it would finish paying out refunds of companies’ digital services tax payments by the end of the day.

UK Tax Authority Allows Suspension Relief Under New Agent Rules

The UK tax authority softened a proposal that would have blocked advisory firms from doing tax-related work if their staff falls behind on personal tax obligations.

Wyden Presses IRS to Probe Puerto Rican Legal Tax Advice

The top Senate Finance Committee Democrat is calling on the IRS to investigate tax planning advice provided by two of the largest global law firms the lawmakers say permitted high-net-worth clients to evade more than $100 million in federal taxes by claiming Puerto Rican residency.

Tax Developments

View More

Croatia Tax Agency Clarifies Real Estate Transfer Tax for Merging Institutions

The Croatian Tax Administration April 24 clarified real estate transfer tax for merging institutions. The taxpayer sought clarification on whether a specific real estate transfer tax exemption applied if real ...

Finland Tax Agency Updates Guidance Clarifying Real Estate Tax Exemption for Agricultural, Forest Land

The Finnish Tax Administration April 29 posted Guidance No. VH/3513/00.01.00/2025, updating guidance on real estate tax exemptions for agricultural and forest land. Topics covered include: 1) forest and agricultural land ...

France Gazettes Order Updating List of Participating Jurisdictions Under AEOI-CbC

The French Official Gazette April 26 published an order updating the list of participating jurisdictions in the automatic exchange of information (AEOI) on country-by-country (CbC) reports. The updated list includes ...

Latest Stories

German Auto Group Urges De-Escalation in US-EU Tariff Dispute

Germany’s automotive industry pleaded for an urgent de-escalation in the tariff dispute between the US and the European Union and called for immediate talks between the two sides after President Donald Trump said he would increase auto tariffs on the bloc next week.

FROM ACROSS BLOOMBERG TAX

CryptoDaily Tax Report ®Daily Tax Report StateFinancial Accounting
  • Crypto
  • Daily Tax Report ®
  • Daily Tax Report State
  • Financial Accounting

EXPLORE BLOOMBERG TAX

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: