Can the CRA Limit Your Interest Deduction? A Canadian Tax Lawyer’s Analysis of Honey v. The King
Analysis of the Canadian Tax Court case Honey v. The King, examining whether the CRA can limit interest deductions even…
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Analysis of the Canadian Tax Court case Honey v. The King, examining whether the CRA can limit interest deductions even…
A quirk in the SALT deduction cap means married couples can deduct twice as much in state and local taxes…
The European Union is granting temporary trade preferences to Armenia, temporarily liberalising almost 80% of Armenian exports to the EU,…
Egypt's 2026 tax reform package, comprising Laws Nos. 148 through 155 of 2026, takes effect from 29 July 2026. Reforms…
Nine individuals and five entities appeared in court over an alleged R3.99 million VAT refund fraud scheme in South Africa.…
The UAE Federal Tax Authority issued Directive No. 5, establishing rules for determining the VAT value of deemed supplies of…
Spain will impose 10% VAT on short-term furnished holiday rentals starting December 1, 2026, covering stays of 30 nights or…
The Karnataka High Court ruled that a company director cannot individually challenge an income tax search and seizure conducted against…
Spain's digital reporting landscape is examined, covering its layered obligations including SII real-time transaction reporting, the forthcoming B2B e-invoicing mandate,…
Three recent events have raised concerns about taxpayer data security and IRS privacy practices, including a Treasury Inspector General for…
A Trump executive order does not eliminate federal fuel taxes but provides temporary diesel relief. The article clarifies what the…
Leopoldo Parada of King's College London has posted four previously published international and EU tax law articles on SSRN, originally…
Pakistan's Federal Board of Revenue (FBR) has launched consultations to tighten oversight of dyes and chemicals imported duty- and tax-free…
This guide explains how the Canada Revenue Agency combats abusive tax treaty shopping through the Multilateral Instrument (MLI), the Principal…
Pakistan is taking steps to expand land-based trade through Gwadar Port, with a meeting held at the Directorate General of…
The Wall Street Journal covers intrafamily lending and gift strategies for helping younger generations purchase homes, including use of the…
The Bombay High Court has ruled that builders cannot be taxed on notional rent from unsold flats for periods when…
The Bombay High Court has ruled that a taxpayer can file a fresh application for waiver of penalties under Section…
The Supreme Court of India is examining whether Section 147A of the Income-tax Act, a retrospective amendment, can validate reassessment…
A New York Fed study found that Trump's tariffs raised consumer goods prices by 2.9% by February 2026. The research…
Week 41 2026 eInvoicing and eReporting roundup covers implementation dates, penalty proposals, clearance architecture, SAF-T Accounting, structured invoice specifications, taxpayer-group…
The EU General Court ruled in T-773/25 that an intermediary in an intra-Community triangulation chain cannot retroactively apply the triangulation…
The GST Council has proposed amendments to e-way bill rules under the CGST Act, 2017, targeting Sections 68, 129, and…
Guidance on correcting errors in VAT Declaration Annex 4 in 2026 requires filing a clarifying VAT return with Annex 4…
Brazil's upcoming presidential election is creating uncertainty around the timetable for the country's landmark VAT reform implementation.
Pakistan's Federal Board of Revenue (FBR) has directed tax officials to stop issuing advance income tax notices to salaried individuals…
Guidance for tax practitioners on evaluating tax software vendors for state e-file coverage, recommending questions about specific states, tax types,…
The U.S. Court of International Trade granted class certification in a case brought by Freestyle World seeking an injunction to…
Corporations in the United States face a federal corporate income tax rate of 21 percent in 2026. An additional 44…
CBP deployed Phase 3 of the Consolidated Administration and Processing of Entries (CAPE) refund system on October 6, covering finally…
CBP has issued a Notice of Proposed Rulemaking that would change informal entry requirements for shipments valued at $2,500 or…
A Canadian tax court ruling in Zalesskiy v. The King examines whether a taxpayer paying child support can claim the…
Importers led by V.O.S. Selections filed a brief at the U.S. Court of Appeals for the Federal Circuit seeking to…
The founder of Buy.com has argued before the Tenth Circuit that the government cannot introduce a new argument via a…
California hospital workers staged a protest urging voters to pass Proposition 40, a ballot measure that would impose a tax…
GNV Consulting reviews Indonesia's latest tax developments, covering Coretax-related reporting reforms that aim to streamline compliance, a new VAT collection…
India's 57th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, approved input tax credit for employers on GST paid…
Pakistan's Federal Board of Revenue has revised customs values for imported almonds under Valuation Ruling No. 2065/2026. Shelled almonds are…
The 57th GST Council meeting recommended that GST notices not be issued for tax demands below Rs 10,000. The council…
An overview of EU VAT obligations for foreign companies selling services, covering place of supply rules, reverse charge mechanisms, the…
India's 57th GST Council approved reforms to streamline GST compliance, including faster registration processes and quicker refund processing for businesses…
Tax authorities are becoming increasingly aggressive in pursuing revenue, aided by improved tools and a post-COVID fiscal environment. Authorities are…
Under Ukrainian VAT rules, services related to movable property, including repair and processing, are deemed supplied where they are physically…
Thailand's Ministry of Finance designated the Tubtim Jinda Pattana Thai Foundation as a qualifying organization under income tax and VAT…
Ukrainian businesses reported three-week delays in budget VAT refunds. Parliamentary budget committee chair Danylo Hetmantsev acknowledged the issue, indicating refunds…
India's 57th GST Council proposed abolishing arrest powers for tax officers and raising the prosecution threshold from Rs 1 crore…
In Ukraine, errors in VAT return Appendix 4 (D4) must be corrected by filing an amended calculation marked 'Utochnyuiuchyi' (corrective).…
Poland's National e-Invoice System (KSeF) is approaching another regulatory milestone, with changes scheduled for 1 January 2027 built into the…
The UK has published force of law notices and reference documents for the Carbon Border Adjustment Mechanism (CBAM), which imposes…
The 57th GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, was held on 8 October 2026 at Bharat Mandapam,…
The 57th GST Council approved a major overhaul of GST enforcement rules, eliminating arrest powers under the GST regime and…
Kazakhstan's State Revenue Authority has launched a nationwide desk tax audit targeting foreign e-commerce marketplaces and digital platforms operating in…
India's income tax authority has issued Notification No. 134/2026 amending Income Tax Form No. 161 as a consequence of the…
Denmark has published a timetable for implementing the EU VAT in the Digital Age (ViDA) package, covering the phased introduction…
Greece has updated its mandatory VAT e-invoicing rules, introducing a transition period for second-period businesses. Phase B digital inventory tracking…
The Peppol Conference APAC 2026 will be held on 17-18 November in Singapore, followed by the GENA IDT Summit on…
A public hearing on proposed regulations (REG-119882-25) has been cancelled. The regulations would classify the refunded portion of certain federal…
Recent tax fraud cases highlight a range of criminal activity including bold and arrogant schemes, efforts to secure repeat fraudulent…
New W-2 box codes are being introduced for 2027, and tax software must be updated to recognize them. Payroll and…
Canada's CBSA and CITT have completed an expiry review under the Special Import Measures Act (SIMA), determining that anti-dumping or…
The bipartisan Early-Childhood Educators' Deductions (SEED) Act, signed into law on September 19, expands the federal educator expense deduction to…
Michael and Susan Dell visited the White House to promote Trump Accounts, a federally supported children's savings program that includes…
A Tax Notes piece by University of Michigan law professor Reuven Avi-Yonah questions proposals to force large private businesses to…
The U.S. Court of International Trade certified a broad class of importers seeking refunds of tariffs imposed under President Trump's…
The IRS has proposed rules to expand Trump accounts to nearly 70 million children, including a provision allowing donors to…
Ireland plans to expand its R&D tax credit and extend refunds on intellectual property profits as part of its October…
A Texas county argued before the state supreme court that its property tax on stored oil does not violate the…
A former New York tax preparer was sentenced to four years in prison for wire fraud and filing false tax…
A taxpayer is appealing a U.S. Tax Court ruling that he owes approximately $10.4 million in taxes and penalties for…
With the US federal government projected to borrow $1.9 trillion in 2026, roughly one quarter of $7.4 trillion in total…
A new ITEP analysis finds that major tax and economic policies under President Trump's second term, including the 2025 tax…
Pennsylvania Senator Tim Kearney is introducing a constitutional amendment to repeal the state's Uniformity Clause, which currently requires a flat…
European authorities detained 62 people in Portugal, Spain, and Italy suspected of orchestrating a VAT fraud scheme involving electronics that…
The BIS 50% rule requires trade compliance teams to look beyond direct counterparties and identify ultimate ownership structures. The article…
The DOJ's National Fraud Enforcement Division has issued a new corporate enforcement policy focused on rapid pursuit of fraud cases…
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