FBR introduces online auction system for seized & confiscated goods
Pakistan's Federal Board of Revenue introduced an electronic auction system for seized and confiscated goods. Registered bidders can participate online…
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Pakistan's Federal Board of Revenue introduced an electronic auction system for seized and confiscated goods. Registered bidders can participate online…
The AICPA has raised concerns about proposed regulations for Trump accounts, stating they are administratively burdensome and make 2026 implementation…
AICPA told the IRS and Treasury that proposed regulations for employer contributions to Trump accounts are administratively burdensome and create…
Belgium e-invoicing rules require credit notes and invoice corrections to be handled through Peppol with specific VAT compliance requirements. The…
India's Finance Ministry will invite public comments on revised GST return forms starting November 1, 2026. The GST Policy Division…
HMRC reminds Self Assessment customers they have 100 days remaining to file their 2025 to 2026 tax year return and…
ITAT Dehradun ruled that an Assessing Officer cannot invoke Section 43B to disallow unpaid service tax liability when the assessee…
HMRC guidance on how legal professional privilege applies in tax avoidance cases, including disputes, disclosure requirements, enabler penalties and publication…
HMRC guidance on how legal professional privilege applies in tax avoidance cases, including disputes, disclosure requirements, enabler penalties and publication…
ITAT Mumbai held that an Assessing Officer cannot complete assessment under Section 50C by adopting stamp-duty valuation without awaiting the…
ITAT Ahmedabad remanded a senior citizen's long-term capital gains tax case to the first appellate authority for fresh hearing after…
Split payment is a mechanism that separates VAT from the net price at the point of payment to combat VAT…
ITAT Mumbai clarified that unsold flats held by builders are subject to notional rent taxation. The tribunal explained the application…
Senegal's 2027 Finance Bill introduces taxation of foreign digital services to expand the tax base and extends electronic invoicing requirements…
Switzerland's Federal Parliament extended the reduced 3.8% VAT rate for hotel accommodation services from its original end-2027 expiry to the…
Cyprus extended the 0% VAT rate on baby products, hygiene items, fruit and vegetables through 31 December 2027 via Council…
Poland amended its VAT law to allow exporters to prove goods exit using carrier or shipper documentation and other evidence,…
Article discusses UK Chancellor John Healey's October 2026 Budget and potential economic impacts. Without access to full content, specific tax…
Netherlands adopts ViDA VAT registration rules introducing changes to VAT regimes, own goods transfers, distance sales and call-off stock arrangements…
UK government announces plans to reduce tariffs and regulatory burden on businesses. The announcement indicates potential changes to trade and…
The IRS Streamlined Filing Compliance Procedures program is not currently ending, though recent IRS actions have prompted concerns about its…
Ukraine is eliminating VAT relief on low-value imports, effective July 2027. This change will expand VAT collection on goods previously…
Thomson Reuters released an updated version of CoCounsel Tax, Audit & Accounting, an AI platform designed for tax and accounting…
Nonresident property owners have filed a constitutional challenge against New York's pied-à-terre surcharge tax on high-value NYC residences not used…
The Supreme Court will determine whether the federal ban on home distilling whiskey is constitutional under Congress's taxing power.
The Supreme Court agreed to review a case involving an 1868 law that taxes distilled spirits and bans home distilleries.…
Professional basketball player sued the IRS in US Tax Court contesting rejection of over $1.28 million in foreign tax credits…
The IRS argued that Tax Court lacks jurisdiction in a partnership case that missed the 90-day filing deadline, citing identical…
The Fifth Circuit ordered reconsideration of whether the IRS violated jury-trial rights by imposing a $1 million civil penalty for…
EU General Court ruled on 7 October 2026 in Case T-529/25 that parts imported in separate shipments and declared separately…
A former IRS Revenue Officer provides guidance on IRS audit files, what information is available before initial contact, and common…
Nearly half of US hospitals are exempt from corporate income taxes. As healthcare spending increases, lawmakers are questioning whether hospitals…
ITEP study finds 706 profitable U.S. corporations paid an average federal income tax rate of 10.4% in 2025, the lowest…
California will impose sales tax on prewritten computer software, including SaaS and online downloads, effective January 1, 2027. Exemptions apply…
A cross-party group of 57 UK parliamentarians is urging the chancellor to remove the 20% VAT on public automated external…
Philippines BIR Revenue Regulation No. 6-2026 requires the amount of creditable withholding tax to be shown as a separate line…
Grattan Institute recommends increasing Australia's GST rate from 10% to 15% to generate approximately A$76 billion in annual revenue, and…
Nigeria's e-invoicing regime creates uncertainty for non-resident digital service providers. The Nigeria Revenue Service has mandated e-invoicing for large taxpayers…
France's e-invoicing mandate is now live for large and intermediate companies, which must issue and report e-invoices, while all VAT-registered…
Pakistan's FBR updates customs valuation for stationery items and raw materials through Valuation Ruling No. 2117/2026, replacing the previous framework…
Meta negotiated a stock deal with CEO Mark Zuckerberg to retain him in California amid potential passage of a state…
Pakistan Customs' new Collectorate of Customs Enforcement, Indus reported initial enforcement results including 105 smuggling cases and Rs273 million in…
The Trump administration waived record-keeping requirements for red diesel to encourage purchases by farmers, truck-stop operators and other businesses eligible…
Washington Governor Bob Ferguson cautioned that repealing the state's new millionaires tax would reduce funding for childcare subsidies and increase…
Policy brief examines Ohio proposal for fair share tax on highest-income households to rebalance state tax code toward progressive taxation.
The Orissa High Court issued a notice on a petition challenging the constitutional validity of Section 147A of the Income…
Thomson Reuters released an updated CoCounsel platform for tax, audit and accounting professionals featuring AI agents capable of writing and…
ITEP analysis shows 706 major U.S. corporations paid federal income tax rate of 10.4% on $1.88 trillion in profits during…
Portugal proposes delaying its qualified electronic signature requirement for e-invoicing until 2028 as part of the draft 2027 Budget. The…
State tax policy roundup tracking progressive tax initiatives across U.S. states in 2026, noting momentum to raise revenue through taxes…
Guidance on registering for the Trader Support Service to declare goods moving to or from Northern Ireland, including customs, safety…
HMRC guidance on registering employment-related securities (ERS) schemes with tax authorities. Covers notification requirements and procedures for new schemes.
California SB 1435, signed September 14, 2026, corrects a conformity gap in personal income tax by adding R&TC §17225(c). The…
Non-bank businesses including car dealerships, jewellers, lawyers, estate agents and travel firms face federal Form 8300 filing obligations when receiving…
Form 8300 requires businesses including car dealers, jewellers, lawyers, estate agents and travel firms to report cash transactions exceeding $10,000…
Cyprus has approved a temporary 0% VAT rate for certain essential goods, effective from 1 October 2026 through May 2027.
ITAT Hyderabad quashed a Rs 63.29 lakh long-term capital gains addition for assessment year 2015-16, finding that the section 148…
Australia's Peppol e-invoicing rules change in 2027, introducing a new 10-business-day payment policy for suppliers. The update affects e-invoicing implementation…
Uttar Pradesh government introduced the Interest Waiver Scheme-2026, offering eligible traders and taxpayers relief on interest and penalties accrued on…
Promotional material advising employers on avoiding common errors in PAYE Real Time Information returns to prevent disputed charges.
Finance Bill (No. 2) 2026 published on 19 October containing legislative provisions for VAT Modernisation in Ireland.
Article discussing UK corporation tax changes and uncertainties for 2027, covering what tax measures are confirmed and what remains unresolved…
Allahabad High Court set aside a Rs 2.73 crore capital addition under section 68 of the Income Tax Act, 1961,…
Supreme Court ruling clarifies that taxpayers cannot ordinarily raise fresh claims before appellate or revisional authorities without first filing a…
Analysis of whether the EU's ViDA (VAT in the Digital Age) directive will reduce reliance on VAT reverse charge mechanisms…
ITAT Ahmedabad ruled that WhatsApp conversations alone cannot establish receipt of undisclosed money in a land transaction, deleting a ₹24.21…
Analysis of UK bank taxation levels following Budget reports of increased tax on banks. Compares bank tax burden in the…
HMRC has published guidance clarifying the application of UK VAT rules to crypto-assets, including NFTs, electronically supplied services, and online…
Article comparing Digital Services Tax and VAT on digital services, explaining how these two separate tax obligations differ in calculation…
ITAT Mumbai addressed whether joint ownership of a residential property with a spouse reduces the capital gains exemption under Section…
The Philippines introduces new accreditation requirements for e-invoicing solution providers, effective immediately, with the first application window opening in October…
U.S. Customs and Border Protection modifies the test procedures for the new electronic informal entry process for mail to allow…
U.S. Customs and Border Protection extends the compliance date for formal entry requirements for merchandise arriving through international postal networks,…
New Zealand IRD announces changes to how taxpayer ruling and determination applications are submitted, effective June 2026.
A Colorado state court judge ruled that a ballot initiative to raise taxes on wealthy residents will remain on the…
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