Tax News, Curated Daily
The latest tax news from around the world, summarised and tagged for tax professionals. Updated twice daily.
Actually Ask... AskColm
Search across 2,000+ articles. Ask about ViDA, Pillar Two, US tariffs, or any tax topic.
This is a news search, not a tax advisor. Answers summarise published articles only — they are not tax advice. Please do not enter confidential or sensitive information.
Tax Head
Region
Bengaluru ITAT: Fresh Tax Demand Cannot Be Raised Through Computation Sheet After Returned Income Is Accepted
The Bengaluru Income Tax Appellate Tribunal ruled that tax authorities cannot raise a fresh tax demand through a computation sheet…
Beauty and podiatry services continue to present VAT classification risks
Beauty and podiatry services continue to create VAT classification challenges, with disputes arising over whether such treatments qualify as exempt…
Housing cooperative’s separate rental of parking spaces subject to 23% VAT
A housing cooperative's separate rental of parking spaces has been determined to be subject to the standard 23% VAT rate,…
TP in the Southern Cone: substance, business transformation, and global tax challenges
This article analyzes transfer pricing developments in the Southern Cone, focusing on Argentina, Chile, Uruguay, and Paraguay. It addresses the…
New York Judge Pauses Mamdani’s Second-Home Tax
A New York judge has issued a pause on a second-home tax proposal associated with Mamdani, halting its implementation pending…
Multinationals brace for more tax disputes: Baker McKenzie survey
A Baker McKenzie survey reveals that multinational corporations are anticipating a significant rise in tax disputes globally. The research highlights…
United Kingdom: Tribunal rejects £13.5 million VAT assessment on fitting services
A UK tribunal has rejected a £13.5 million VAT assessment related to fitting services, delivering a significant ruling for businesses…
CESTAT Kolkata Grants Relief to Commission Agent in Insurance Service Tax Case
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Kolkata has granted relief to a commission agent in a service…
When 80P Meets Bank Interest: Nagpur ITAT Reaffirms the View on allowability of deduction of credit cooperative societies
The Nagpur Income Tax Appellate Tribunal (ITAT) has reaffirmed its position on the allowability of deductions under Section 80P for…
176 Rental Properties, a Company Mini and a €10,386 Salary: Nice Try
A Dutch tax case involving a director-major shareholder (DGA) who attempted to declare a minimal customary salary of €10,386 while…
Court confirms input VAT deduction for claim enforcement costs
A German court has confirmed that input VAT incurred on costs related to enforcing claims — such as legal or…
TEI Comments to Canadian Finance Committees Regarding CRA Audit Powers
Tax Executives Institute (TEI) has submitted comments to Canadian Parliamentary Finance Committees concerning the Canada Revenue Agency's (CRA) audit powers.…
Judge Halts Rollout of Mamdani’s Pied-à-Terre Tax
A judge has halted the rollout of New York City mayoral candidate Zohran Mamdani's proposed pied-à-terre tax, which would have…
Tax Man Who Shaved Insurance Crook's Income Gets 2 Years
A tax preparer who fraudulently reduced an insurance fraudster's reported income has been sentenced to two years in prison. The…
Pied-à-Terre Owners Sue NYC, Seek to Avoid Tax
Pied-à-terre owners in New York City have filed a lawsuit challenging a proposed tax targeting non-primary residences. The legal action…
$5.15 Million Settlement Highlights Growing Customs Enforcement Under the False Claims Act
A $5.15 million settlement underscores the increasing use of the False Claims Act (FCA) as a tool for customs enforcement…
Trump’s Latest Tariffs Hit With New Lawsuit by 25 States
Twenty-five U.S. states have filed a lawsuit challenging the Trump administration's latest round of tariffs, escalating the legal battle over…
2 Suspects In €33M VAT Fraud Put Under House Arrest In Italy
Italian authorities have placed two suspects under house arrest in connection with an alleged €33 million VAT fraud scheme. The…
European Court Excise T-381/25: Excise Duty Exemption for Denatured Alcohol Cannot Be Denied Based on CN Classification Alone
The European Court ruled in case T-381/25 that excise duty exemptions for denatured alcohol cannot be denied solely on the…
The Supreme Court’s 2025 Term in Tax
This article reviews the U.S. Supreme Court's 2025 term through a tax lens, examining significant rulings and their implications for…
CESTAT Hyderabad Allows Excise Duty Exemption on Tailor-Made Castings for Wind Power Generators
CESTAT Hyderabad has ruled in favour of excise duty exemption for tailor-made castings used in wind power generators. The tribunal…
Delhi ITAT Holds Section 12AB Registration Can’t Be Refused Over Loans to Related Parties
The Delhi Income Tax Appellate Tribunal has held that registration under Section 12AB of the Income Tax Act cannot be…
Business Losses in the Netherlands: When Is a Business No Longer a Source of Income?
This article examines Dutch tax rules governing when a loss-making business ceases to qualify as a 'source of income' for…
Chhattisgarh HC Grants Regular Bail in ₹17.18 Cr Fake GST ITC Case After DGGI Investigation
The Chhattisgarh High Court has granted regular bail to an accused in a ₹17.18 crore fake GST Input Tax Credit…
View from Practice: Goldstein Sentencing and Appeal
This article covers the sentencing and ongoing appeal of Tom Goldstein, a prominent Supreme Court litigator, in a federal tax…
Section 69 Addition Cannot Be Based on Mere Suspicion or ‘Human Probabilities’ Once the Source of Cash Is Proved: ITAT Chennai
The ITAT Chennai ruled that additions under Section 69 of the Income Tax Act (unexplained cash investments) cannot be sustained…
Is a Section 143(2) Notice Invalid If It Does Not Mention ‘Limited Scrutiny’ or ‘Complete Scrutiny’? ITAT Special Bench Says No
An ITAT Special Bench ruled that a notice issued under Section 143(2) of the Income Tax Act is not rendered…
Hyderabad ITAT Upholds TDS Credit Denial for Failure to Reconcile Claim With Income
The Hyderabad Income Tax Appellate Tribunal (ITAT) upheld the denial of Tax Deducted at Source (TDS) credit to a taxpayer…
NYC Homeowners Say City Flubbed 2nd Home Tax Launch
New York City homeowners are challenging the rollout of the city's second home tax, alleging the city mishandled its launch.…
NYC Sued Over Mamdani Administration’s Controversial Pied-à-Terre Tax Rollout
New York City is facing a lawsuit over the Mamdani administration's rollout of the pied-à-terre tax, which targets non-primary residential…
Hyatt Says No Rehearing Needed In $300M Rewards Tax Fight
Hyatt Hotels is opposing a petition for rehearing in a significant $300 million tax dispute involving the taxation of its…
Breaking Trade News: IEEPA Refunds Update, 301 Lawsuit, $5M FCA Settlement
Recent trade law developments include updates on IEEPA tariff refunds, a new Section 301 tariff lawsuit, and a $5 million…
Abusive VAT Recovery in Property Leasing Structures
An analysis of abusive VAT recovery schemes involving property leasing structures, where arrangements are designed to artificially reclaim input VAT.…
German VAT Excludes Services Ordered by Domestic Liaison Office for Foreign Parent Company
A German VAT ruling clarifies that services ordered by a domestic liaison office on behalf of a foreign parent company…
VAT Exemption Denied for Under-Invoiced Export Fraud
A tax court or authority ruling denying VAT zero-rating on exports where the exporter systematically under-invoiced goods to conceal the…
Madras HC Quashes GST Order Against IRFC Over Reverse Charge and ITC Dispute
The Madras High Court quashed a GST order against Indian Railway Finance Corporation (IRFC) concerning a reverse charge mechanism and…
A taxing week: HMRC's audit woes will rightly fuel tax adviser concerns
This article examines concerns raised among tax advisers following revelations about HMRC's audit failures. The piece explores how systemic weaknesses…
Chennai ITAT Rules Cash Withdrawals From Own Bank Account Can’t Be Treated as Unexplained Money U/S 69A
The Chennai Income Tax Appellate Tribunal (ITAT) ruled that cash withdrawals from a taxpayer's own bank account cannot be treated…
No Tax, No Penalty: ITAT Mumbai Draws the Line on Section 270A Penalties for Charitable Trusts
The Income Tax Appellate Tribunal (ITAT) Mumbai ruled that no penalty under Section 270A can be imposed on a charitable…
Can the CIT(A) Enhance an Assessment by Introducing a Completely New Source of Income? ITAT Delhi Says No
The ITAT Delhi ruled that the Commissioner of Income Tax (Appeals) cannot enhance an assessment by introducing an entirely new…
ITAT Hyderabad Grants FTC Relief Despite Delayed Form 67 Filing
The Income Tax Appellate Tribunal (ITAT) Hyderabad has ruled in favor of a taxpayer seeking Foreign Tax Credit (FTC) relief…
Germany: Court confirms input VAT deduction for claim enforcement costs
A German court has confirmed that businesses may deduct input VAT on costs incurred in enforcing claims, providing important clarification…
Head Office and Foreign Branch: A Taxable Relationship, and Why Invoicing Now Decides the Outcome
This article examines the VAT treatment of brokerage commission services in the context of head office and foreign branch relationships,…
Italian Supreme Court: A Genuine Portuguese Establishment Puts B2B Services Outside Italian VAT
Italy's Supreme Court ruled that where a foreign taxpayer maintains a genuine fixed establishment in Portugal, B2B services supplied to…
Italian Supreme Court: Loss-Compensating Transport Subsidies Fall Outside the VAT Base
Italy's Supreme Court determined that government subsidies paid to transport operators to compensate for operating losses do not form part…
Tax Court Nixes Trader's $170M Dividend Tax Break
The U.S. Tax Court denied a trader's attempt to claim a $170 million dividend tax break, ruling against the taxpayer's…
Updated 'Slush Fund' Suit Challenges Trump's Audit Immunity
An updated lawsuit challenges the legality of protections shielding President Trump from IRS audits, alleging that a so-called 'slush fund'…
Tax Prep Biz Owner Gets 30 Months For $5M Refund Scheme
The owner of a tax preparation business has been sentenced to 30 months in federal prison for orchestrating a $5…
6th Circ. Slashes 'Egregious' Fee Award In Tax-Taking Suit
The Sixth Circuit Court of Appeals significantly reduced a fee award it deemed 'egregious' in a tax-taking lawsuit, where a…
IRS Cuts Could Cruise on Autopilot; New Bill Aims to Restore Funding to Help Taxpayers and Fight Tax Cheats
This ITEP article addresses ongoing IRS funding cuts and a new congressional bill aimed at restoring the agency's budget. It…
Delhi ITAT Rules AO Can’t Consider Fresh Capital Gains Deduction Claim Made in the ITR
The Delhi Income Tax Appellate Tribunal (ITAT) has ruled that an Assessing Officer (AO) cannot consider a fresh capital gains…
Purity Ltd v HMRC (2025): HMRC Uses Its Promoter Shutdown Powers for the First Time
In Purity Ltd v HMRC (2025), HMRC exercised its promoter shutdown powers for the first time under the Promoters of…
Australia’s Federal Court Clarifies Loss Transfers
Australia's Federal Court has issued a ruling clarifying the rules around loss transfers within corporate groups. The decision provides guidance…
Bloomberg: Casinos’ Slot Machine Tax Case Booted by Pennsylvania Justices
The Pennsylvania Supreme Court declined to hear a case brought by casinos challenging the tax treatment of slot machine revenues.…
Corporate report: Named tax avoidance schemes, promoters, enablers and suppliers
HMRC publishes and updates its list of named tax avoidance schemes, promoters, enablers, and suppliers operating in the UK. This…
Business Interruption Does Not Justify VAT Refund Claim
This article addresses whether business interruption events can justify a VAT refund claim, concluding that they generally cannot. A business…
Delhi HC Rules GST Registration Can’t Be Cancelled Retrospectively Without a Clear Proposal in the SCN
The Delhi High Court has ruled that GST registration cannot be cancelled retrospectively unless the Show Cause Notice (SCN) explicitly…
Flashback on ECJ Cases C-97/90 (Lennartz) – Minimal business use still permits VAT deduction
A retrospective analysis of ECJ Case C-97/90 (Lennartz) examines the landmark ruling that even minimal business use of goods is…
Flashback on ECJ cases – C-20/91 (De Jong/Staatssecretaris van Financiën) – Private-use charge covers the building, not the land
A retrospective review of ECJ Case C-20/91 (De Jong v Staatssecretaris van Financiën) examines the Court's ruling on the scope…
Protecting Non-Resident Clients From the $25,000 IRS Form 5472 Trap
Non-resident aliens and foreign-owned single-member LLCs face a $25,000 penalty for failing to file IRS Form 5472, which reports transactions…
Tax Court Has Jurisdiction In Partnership's Late-Filed Case
The U.S. Tax Court ruled it has jurisdiction to hear a partnership's case despite a late filing, addressing a procedural…
VAT Refund and Assessment Procedure in Cologne Fiscal Court Case
A Cologne Fiscal Court case examines the procedural interplay between VAT refund claims and assessment procedures in Germany. The ruling…
VAT Exemption Prevails for Tourist Rentals, Rejecting Hotel Service Classification
A court has ruled that VAT exemption applies to short-term tourist property rentals, rejecting tax authority arguments that the services…
Supreme Court Halts GST SCN Amid Parallel Proceedings During Pending Statutory Appeal
India's Supreme Court has stayed a GST Show Cause Notice (SCN) where parallel proceedings were initiated while a statutory appeal…
The Halifax Test: How One CJEU Judgment Shaped the Future of VAT Abuse Law
The Halifax test, established by the Court of Justice of the European Union (CJEU) in its landmark 2006 Halifax plc…
Delhi HC Allows GST Return Rectification for FY 2017–18 Across GSTR-3B, 2A, and GSTR-9
The Delhi High Court has permitted rectification of GST returns for financial year 2017–18, allowing corrections across GSTR-3B, GSTR-2A, and…
Madras HC Sends Back IT Order Over Form 26AS & Books of Account Mismatch Treated as Undisclosed Income
The Madras High Court has remanded an income tax assessment order back to the assessing officer after finding that a…
GST ITC Fraud Soars: Detections Reach ₹74,782 Crore in FY26
Indian GST authorities have detected Input Tax Credit (ITC) fraud amounting to ₹74,782 crore in FY2025-26, marking a significant surge…
Property118’s tribunal win – it doesn’t help their clients; it looks vulnerable to appeal
A tax tribunal ruled in favour of Property118 in a case concerning HMRC's DOTAS (Disclosure of Tax Avoidance Schemes) regime,…
Is GST Refund Taxable If It Is Reported in Form 3CD but Not Credited to the Profit & Loss Account? ITAT Bangalore Says No
The ITAT Bangalore ruled that a GST refund is not taxable under income tax merely because it appears in Form…
Timing of VAT Deductions — Tax Authority Confirms Invoice Must Be Held Before Deduction
The Czech tax authority has confirmed, following a court ruling, that a taxpayer must physically hold a valid VAT invoice…
Section 54F Exemption Cannot Be Denied for Delay Beyond Taxpayer’s Control: Telangana High Court Grants Relief Despite 7-Year Delay in Construction
The Telangana High Court held that Section 54F capital gains tax exemption cannot be denied solely due to construction delays…
Ex Works Kills the Triangulation Simplification: Austria’s Top Court on Transport Allocation in Chain Transactions
Austria's Supreme Administrative Court has ruled that in chain transactions using Ex Works (EXW) delivery terms, the transport is allocated…
Section 301 Forced Labor Tariffs Challenged Again—This Time by 25 State Attorney Generals
Twenty-five state attorneys general have filed a legal challenge against Section 301 forced labor tariffs, escalating the ongoing dispute over…
Lender Can't Claim $5M In Worker Credits, Judge Rules
A federal judge has ruled that a lender cannot claim approximately $5 million in employee retention credits (ERC), a COVID-era…
Get the Friday Digest
Every Friday, a curated summary of the week's tax news delivered to your inbox. Choose what you want to hear about — no noise, no spam, unsubscribe anytime.
Tax heads you care about(select all that apply)
Regions you care about(select all that apply)
Your email is never shared or sold. You can unsubscribe at any time. Built in compliance with GDPR.