Tax News Daily
The latest tax news from around the world, summarised and tagged for tax professionals. Updated twice daily.
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Legal Scholarship Network Publishes New Issue of Tax Law & Policy eJournal
The Legal Scholarship Network has published a new issue of the Tax Law & Policy eJournal, featuring academic articles and legal scholarship focused on tax law and policy developments. The journal serves as a platform for tax law professors and researchers to disseminate their work across the legal academic community. This publication covers a range of tax-related topics relevant to practitioners, policymakers, and scholars, contributing to ongoing discourse in tax law and policy reform.
Impuestos sobre servicios digitales y su aplicabilidad a Latinoamérica
This article from CIAT examines digital services taxes (DSTs) and their applicability across Latin America. It explores how countries in the region are approaching taxation of digital economy players, including streaming platforms, e-commerce, and other digital service providers. The analysis covers various DST models adopted or considered by Latin American nations, addressing challenges such as determining the taxable nexus, defining digital services scope, and ensuring compliance by foreign providers. The piece also considers how these measures interact with broader international tax frameworks, including OECD initiatives, and their implications for tax policy development in the region.
Is Sales Tax the New Healthcare Lifeline? How Counties Are Using Sales Tax to Save Hospitals
Counties across the United States are increasingly turning to sales tax measures as a funding mechanism to support struggling hospitals and healthcare systems. As rural and public hospitals face financial pressures, local governments are proposing and passing dedicated sales tax levies to sustain emergency rooms and broader healthcare infrastructure. This trend highlights the growing role of sales tax not just as a general revenue tool but as a targeted instrument for funding essential public services. The article examines how these healthcare-focused sales tax measures are structured, voter approval processes, and their effectiveness in preserving hospital operations.
Breaking Down The Vote: The High Court Term In Review
A review of the U.S. Supreme Court term examining key rulings with tax implications. The High Court's decisions this term touched on significant tax-related cases, including administrative law rulings that affect how tax regulations are challenged and interpreted. The breakdown analyzes how justices voted across major cases, with particular attention to decisions impacting IRS authority, taxpayer rights, and the broader regulatory framework governing federal tax administration. The review provides insight into emerging judicial trends that will shape future tax litigation and the deference courts give to agency interpretations of tax law.
Calif. Lawmakers OK Extending Tax Credits For Job Creation
California lawmakers have approved legislation extending tax credits designed to incentivize job creation within the state. The measure continues existing credit programs that provide businesses with tax relief tied to hiring and employment growth targets. Supporters argue the credits are essential for keeping California competitive and retaining employers amid concerns about the state's high tax burden. Critics question the cost-effectiveness of such incentives. The extension reflects ongoing legislative efforts to use targeted tax policy tools to stimulate economic activity and workforce development in California's diverse industrial sectors.
Accredited official statistics: Insurance Premium Tax (IPT) Bulletin
The UK government's HMRC is publishing an accredited official statistics bulletin on Insurance Premium Tax (IPT). IPT is a tax levied on general insurance premiums in the United Kingdom, and this bulletin provides official statistical data on IPT receipts and trends. Such publications offer key insights into revenue performance and the insurance sector's tax contributions, serving as a reference for policymakers, analysts, and industry stakeholders monitoring the UK's indirect tax landscape.
Bloomberg: North Carolina Targets Prediction Markets, Sports Betting Taxes
North Carolina is moving to expand its tax regime to cover prediction markets and sports betting revenues. The state is targeting these emerging gambling platforms to capture tax income from their growing activity. As prediction markets gain mainstream traction alongside established sports betting operations, lawmakers are examining how existing and new tax frameworks can apply to operators and potentially winnings. This reflects a broader trend of US states seeking to maximize revenue from legalized gambling sectors, ensuring that novel market formats do not escape taxation that traditional sports betting operators already face.
Session 2b: Competitiveness and tax
A Bruegel session examining the relationship between tax policy and European competitiveness. The discussion likely addresses how tax structures across EU member states affect business investment, economic growth, and the broader competitive positioning of Europe in the global economy. Topics may include corporate tax harmonization, the impact of Pillar Two global minimum tax rules on EU competitiveness, and whether current tax frameworks support or hinder innovation and capital allocation. The session reflects ongoing debate about balancing fiscal revenues with the need to attract and retain businesses in an increasingly competitive global environment.
Corporate report: HMRC Transformation Roadmap — Progress Update 2026
HMRC has published its 2026 Transformation Roadmap Progress Update, detailing advances in modernising the UK tax authority. The update covers digital service improvements, Making Tax Digital rollout, compliance enhancements, and operational efficiency gains. It outlines progress on simplifying tax administration for individuals and businesses, improving HMRC's technology infrastructure, and reducing the tax gap. The roadmap signals ongoing investment in automation and digital-first approaches across multiple tax regimes, reflecting the UK government's commitment to reforming tax administration for the modern economy.
VAT Expert Group 43rd Meeting Mirrors GFV Agenda
The VAT Expert Group held its 43rd meeting, with an agenda closely mirroring that of the Group on the Future of VAT (GFV). The alignment of agendas between these two EU advisory bodies suggests coordinated discussions on forthcoming VAT policy developments at the European level. Topics likely include ongoing EU VAT reform initiatives such as the VAT in the Digital Age (ViDA) package, e-invoicing mandates, and platform economy rules. The meeting reflects continued expert-level engagement in shaping EU VAT legislation and guidance.
GFV 52nd Meeting: Financial Services Study, VAT Beyond ViDA & DRR Explanatory Notes
The 52nd meeting of the EU's Group on the Future of VAT (GFV) covered several significant topics including a study on the VAT treatment of financial services, discussions on VAT reform beyond the ViDA (VAT in the Digital Age) package, and explanatory notes on the Digital Reporting Requirements (DRR). The meeting signals ongoing EU-level deliberations on modernising VAT rules for financial services and expanding digital reporting obligations, providing insight into the direction of future EU VAT policy developments beyond currently enacted legislation.
Tax Inspectors Without Borders strengthening tax systems through new South-South co-operation
Tax Inspectors Without Borders (TIWB), a joint OECD and UNDP initiative, is expanding its South-South cooperation model to strengthen tax systems in developing countries. The programme deploys experienced tax officials from one developing country to assist another, building local audit capacity and improving tax administration. This approach enhances skills in areas such as transfer pricing, international tax, and tax audit practices. By fostering peer-to-peer knowledge sharing among Global South nations, TIWB aims to boost domestic revenue mobilisation, reduce illicit financial flows, and help countries meet sustainable development funding needs through more effective tax enforcement.
Norway — Tax Commission Proposes to Merge Reduced VAT Rates and Broaden the VAT Base
Norway's Tax Commission has put forward proposals to simplify the country's VAT rate structure by merging existing reduced VAT rates into a single lower rate while simultaneously broadening the VAT base. Currently Norway applies multiple reduced rates across sectors such as food, transport, and culture. The commission argues that consolidating rates and eliminating exemptions would improve economic efficiency and increase VAT revenues. The proposals are likely to face scrutiny from affected industries and will require parliamentary debate before any legislative changes are enacted.
Accredited official statistics: Inheritance Tax liabilities statistics
HMRC is releasing accredited official statistics on Inheritance Tax (IHT) liabilities in the UK. These statistics provide data on the number of estates liable for IHT, total tax liabilities, and trends over time. With recent policy changes including frozen nil-rate bands and proposed reforms to agricultural and business property reliefs, IHT has become a focal point in UK tax policy debate. The statistics serve as an essential resource for policymakers, advisers, and researchers assessing the fiscal and distributional impact of inheritance taxation.
Should Sri Lanka Re-Introduce a Tax Ombudsman?
This article examines whether Sri Lanka should reinstate a Tax Ombudsman, a role previously abolished, to improve taxpayer rights and dispute resolution mechanisms. It explores the potential benefits of an independent oversight body to address grievances between taxpayers and the revenue authority. The discussion is relevant given Sri Lanka's ongoing efforts to reform its tax administration and restore public trust in the system. A Tax Ombudsman could provide an accessible, impartial avenue for resolving complaints, reducing litigation, and improving compliance. The article weighs institutional, fiscal, and governance considerations in recommending a path forward for Sri Lanka's tax administration reform.
UK: HMRC Consults on International Controlled Transactions Schedule
HMRC has launched a consultation on a new International Controlled Transactions Schedule, which would require UK businesses to report detailed information about cross-border transactions with related parties. The proposal aims to enhance transparency and improve HMRC's ability to assess transfer pricing risks. The schedule would capture data on intercompany dealings including loans, services, and goods transfers between connected entities. This initiative aligns with broader international efforts to strengthen transfer pricing compliance and could significantly increase reporting obligations for multinational groups with UK operations, affecting how businesses document and disclose controlled transactions to UK tax authorities.
Legal Scholarship Network Publishes New Issue of Tax Law & Policy eJournal
The Legal Scholarship Network has published another new issue of the Tax Law & Policy eJournal, continuing its series of academic publications on tax law and policy. The journal aggregates scholarly articles and working papers from tax law academics, providing a resource for legal researchers and practitioners interested in tax policy developments. The publication supports academic engagement with current and emerging tax law issues across multiple jurisdictions and policy areas.
GST Day 2026: Telangana Chief Justice Calls for an Amnesty Scheme and Online Dispute Resolution Under GST
On GST Day 2026, Telangana's Chief Justice called for the introduction of an amnesty scheme and an online dispute resolution mechanism under India's GST framework. The remarks highlight ongoing concerns about the volume of GST litigation and the need to reduce the burden on courts and taxpayers alike. An amnesty scheme would allow taxpayers to settle outstanding disputes with reduced penalties, while an online dispute resolution platform could streamline and expedite the resolution process, improving overall GST compliance and administration efficiency across India.
Council Tax: practice notes
This article covers UK Council Tax practice notes published by the UK government, providing official guidance on the administration and application of Council Tax. Council Tax is a local taxation system in England, Scotland, and Wales levied on domestic properties. The practice notes serve as authoritative reference material for local authorities and practitioners dealing with Council Tax assessments, exemptions, discounts, and liability. These notes help ensure consistent application of Council Tax rules across jurisdictions and address specific scenarios and edge cases in Council Tax administration.
Punjab Revenue Authority collects record Rs367bn tax in FY 2025–26
Punjab Revenue Authority (PRA) has achieved a record tax collection of Rs367 billion in fiscal year 2025–26, marking a significant milestone for the provincial revenue body in Pakistan. The PRA primarily administers sales tax on services in Punjab province. This record collection reflects improved compliance efforts, broadening of the tax base, and enhanced enforcement measures by the authority. The achievement underscores growing provincial fiscal capacity and the PRA's expanding role in Pakistan's overall tax revenue landscape.
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