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The latest tax news from around the world, summarised and tagged for tax professionals. Updated twice daily.

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Global Tax Justice12 Aug 2026

Midway in UN tax negotiations: Global South sees reason for optimism, urges high ambition must prevail

Global South nations express cautious optimism at the midpoint of UN negotiations on a new Framework Convention on International Tax…

Global Tax Justice12 Aug 2026

Updates from the Fifth Session of the historic Intergovernmental Negotiating Committee (INC) on the United Nations Framework Convention on International Tax Cooperation

The fifth session of the UN Intergovernmental Negotiating Committee (INC) on the Framework Convention on International Tax Cooperation marks a…

Withum12 Aug 2026

NYC Pied-à-Terre Surcharge Latest: Court Pauses Rollout as Deadlines Loom

A New York City court has paused the rollout of the proposed pied-à-terre surcharge, a tax targeting non-primary residential properties…

ITEP Blog12 Aug 2026

Trump Weighs Another Giveaway to the Wealthy With Capital Gains Indexing Ahead of Midterms

The Institute on Taxation and Economic Policy (ITEP) examines the Trump administration's consideration of capital gains indexing to inflation, a…

Tax PolicyPersonal Income TaxUnited StatesAmericas
TaxProf Blog12 Aug 2026

Pratt: Aligning Reparations and Taxation

A scholarly work by Pratt examines the intersection of reparations policy and taxation, exploring how the tax system could be…

Tax PolicyPersonal Income TaxUnited StatesAmericas
Fintech Global12 Aug 2026

Comply Exchange’s August report tracks global tax shake-up

Comply Exchange's August report covers significant global tax regulatory developments, tracking changes across multiple jurisdictions in areas such as VAT/GST,…

RegTech Analyst12 Aug 2026

Comply Exchange’s August report tracks global tax shake-up

Comply Exchange's August report provides a global overview of significant tax regulatory developments, tracking changes across multiple jurisdictions. The report…

The Tax Adviser12 Aug 2026

IRS staffing cuts delayed paper returns and refunds, report says

A report has found that IRS staffing cuts significantly delayed the processing of paper tax returns and the issuance of…

Tax PolicyUnited StatesAmericas
Journal of Accountancy12 Aug 2026

IRS staffing cuts delayed paper returns and refunds, report says

A report has found that IRS staffing cuts significantly delayed the processing of paper tax returns and the issuance of…

Tax PolicyUnited StatesAmericas
TaxProf Blog12 Aug 2026

Leff: Getting Donor-Advised Funds Regulation Right

Analysis of the regulatory framework governing donor-advised funds (DAFs), examining how current rules may fall short in ensuring charitable distributions…

Tax PolicyPersonal Income TaxUnited StatesAmericas
HMRC News12 Aug 2026

Mandatory Tax Adviser Registration

HMRC's internal manual on Mandatory Tax Adviser Registration outlines the regulatory framework requiring tax advisers in the UK to register…

Tax PolicyUnited KingdomEMEA
Law360 Tax12 Aug 2026

Nations Want AI Covered In UN Tax Pact's Services Protocol

Countries participating in UN tax negotiations are pushing for artificial intelligence services to be explicitly covered under a proposed UN…

Tax Foundation12 Aug 2026

Why Wealth Taxes Always Fail

An opinion piece from the Tax Foundation examining why wealth taxes consistently fail as a revenue-raising mechanism for governments. The…

CPA Practice Advisor12 Aug 2026

Trump Looks for Ways to Block Mamdani Pied-à-Terre Tax

President Trump is exploring federal mechanisms to block New York City Mayor Zohran Mamdani's proposed pied-à-terre tax, which would impose…

Tax PolicyPersonal Income TaxUnited StatesAmericas
CPA Practice Advisor12 Aug 2026

Trump Weighs Call for Capital Gains Tax Cuts as Midterm Boost

President Trump is considering proposing capital gains tax cuts as a political strategy ahead of the midterm elections. The move…

Tax PolicyPersonal Income TaxUnited StatesAmericas
CPA Practice Advisor12 Aug 2026

Wyden’s Wildfire Tax Relief Bill Passes Just Before Congress Recesses

Senator Wyden's Wildfire Tax Relief Bill passed Congress just before recess, providing targeted tax relief measures for victims of wildfire…

Tax PolicyPersonal Income TaxUnited StatesAmericas
SAG Infotech12 Aug 2026

High GST Rate on Kraft Paper Raises Concerns in the Corrugated Packaging Industry

The corrugated packaging industry in India has raised concerns over the high GST rate applied to Kraft paper, a key…

The Tax Adviser12 Aug 2026

Final rule will eliminate BOI reporting for US entities

A final rule has been issued eliminating Beneficial Ownership Information (BOI) reporting requirements for US domestic entities under the Corporate…

Tax PolicyTax ControversyUnited StatesAmericas
Journal of Accountancy12 Aug 2026

Final rule will eliminate BOI reporting for US entities

A final rule has been issued eliminating beneficial ownership information (BOI) reporting requirements for US domestic entities under the Corporate…

Tax PolicyUnited StatesAmericas
Tax Foundation12 Aug 2026

Constitutional Flaws of California’s Proposed Wealth Tax

Analysis of California's proposed wealth tax reveals significant constitutional vulnerabilities. The Tax Foundation examines legal challenges facing the proposal, including…

Tax PolicyPersonal Income TaxUnited StatesAmericas
VAT Update12 Aug 2026

St. Kitts and Nevis Opens Applications for August 2026 Discounted VAT Days

St. Kitts and Nevis has opened applications for its August 2026 Discounted VAT Days program, a periodic initiative that allows…

OrangeTax Netherlands12 Aug 2026

Business Means Responsibility: You Cannot Simply Blame Your Tax Adviser

This article addresses the legal principle that business owners cannot escape tax liability by attributing errors or non-compliance to their…

VATCalc12 Aug 2026

Moldova softens planned VAT overhaul after backlash

Moldova has walked back elements of its planned VAT overhaul following significant pushback from businesses and stakeholders. The government had…

Law360 Tax11 Aug 2026

FinCEN Permanently Rolls Back CTA Reporting Requirement

FinCEN has permanently rolled back the Corporate Transparency Act (CTA) beneficial ownership reporting requirements. This significant regulatory development eliminates the…

Tax PolicyUnited StatesAmericas
Tax Foundation11 Aug 2026

The Five Most Pro-Growth Options in the Options Guide

The Tax Foundation analyzes the five most pro-growth tax policy options from a budget options guide, evaluating reforms based on…

Tax PolicyCorporate Income TaxUnited StatesAmericas
The Tax Adviser11 Aug 2026

Trump account prop. regs. clarify $2,500 limit for workers

Proposed regulations clarify the $2,500 contribution limit for Trump Accounts, a new savings vehicle for workers introduced under recent U.S.…

Journal of Accountancy11 Aug 2026

Trump account prop. regs. clarify $2,500 limit for workers

The IRS has issued proposed regulations clarifying the $2,500 contribution limit for Trump Accounts, the new tax-advantaged savings accounts established…

Thomson Reuters State & Local Tax11 Aug 2026

Delaware shortens protest timelines for trust funds, clarifies statute of limitations, standardizes information return due dates

Delaware has enacted legislative changes affecting trust fund taxation, including shortened protest timelines for trust fund disputes, clarification of the…

Tax PolicyTax ControversyUnited StatesAmericas
Withum11 Aug 2026

What Nonprofits Need to Know About the New Form 1099 Reporting Thresholds

This article outlines changes to Form 1099 reporting thresholds relevant to nonprofit organizations. The IRS has updated the reporting requirements,…

Tax PolicyPersonal Income TaxUnited StatesAmericas
Law360 Tax11 Aug 2026

Nations Concerned By Nexus For Service Fees In UN Tax Pact

Countries participating in UN tax framework negotiations have raised concerns about nexus rules governing the taxation of service fees under…

CIAT11 Aug 2026

CIAT actualiza las Fichas Fiscales (FFC) e incorpora el Índice de Fortaleza Institucional de las Administraciones Tributarias (IFIAT)

CIAT (Inter-American Center of Tax Administrations) has updated its Fiscal Data Sheets (FFC) and incorporated a new Institutional Strength Index…

TaxProf Blog11 Aug 2026

Coven et al on Property Taxes and Housing Allocation

Academic research by Coven et al examines the relationship between property taxes and housing allocation, exploring how property tax structures…

Tax PolicyUnited StatesAmericas
TaxProf Blog11 Aug 2026

California Budget & Policy Center: New Report on Proposed Billionaire Tax

The California Budget & Policy Center has released a new report examining a proposed billionaire tax in California. The report…

Tax PolicyPersonal Income TaxUnited StatesAmericas
HMRC News11 Aug 2026

Policy paper: Personal Tax: Offshore Anti-Avoidance external engagement

HMRC's policy paper on Personal Tax Offshore Anti-Avoidance external engagement outlines the UK government's approach to combating offshore tax avoidance…

Customs Today11 Aug 2026

FBR fails to recover Rs5.62b in taxes from 106 taxpayers

Pakistan's Federal Board of Revenue (FBR) has failed to recover Rs5.62 billion in outstanding taxes from 106 taxpayers, highlighting significant…

TaxProf Blog11 Aug 2026

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…

Tax PolicyTax ControversyUnited StatesAmericas
ITR Direct Tax11 Aug 2026

Paraguay positions itself as a destination jurisdiction for individuals and capital

Paraguay is positioning itself as an attractive destination for individuals and capital through its favorable tax regime. The country offers…

Tax Executives Institute11 Aug 2026

TEI Submits Comments to Government of British Columbia on Expansion of PST to Engineering Services

Tax Executives Institute (TEI) has submitted formal comments to the Government of British Columbia regarding the proposed expansion of the…

Tax PolicyVAT / GSTCanadaAmericas
Tax Executives Institute11 Aug 2026

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.…

CPA Practice Advisor10 Aug 2026

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 PolicyTax ControversyUnited StatesAmericas
The Tax Adviser10 Aug 2026

Final regs. issued for Sec. 3406 backup withholding rules

The IRS has issued final regulations governing backup withholding requirements under Section 3406 of the Internal Revenue Code. Backup withholding…

Tax PolicyPayroll TaxUnited StatesAmericas
TaxProf Blog10 Aug 2026

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…

Tax PolicyTax ControversyUnited StatesAmericas
Law360 Tax10 Aug 2026

Nations Want Optionality In UN Tax Pact's Services Protocol

Countries negotiating the UN Framework Convention on International Tax Cooperation are seeking flexibility in the services protocol, pushing for optional…

CPA Practice Advisor10 Aug 2026

‘We’re Left Behind.’ Some Small Businesses Not Expecting Trump Tariff Refunds

Small businesses are reportedly being excluded from Trump administration tariff refund programs, raising concerns about equitable access to customs duty…

Tax PolicyCustoms & TradeUnited StatesAmericas
ICTD Publications10 Aug 2026

Tax Implications of Cashless Payments: Micro Evidence from African Countries

This research publication from the International Centre for Tax and Development (ICTD) examines the tax implications of cashless payment adoption…

Customs Today10 Aug 2026

PM Shehbaz directs FBR to accelerate tax reforms

Pakistani Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to accelerate tax reforms aimed at broadening…

Tax PolicyPakistanAPAC
Law360 Tax10 Aug 2026

Feds Propose Regs On Trump Account Income Exclusion

Federal regulators have proposed regulations governing the income exclusion for Trump Accounts, a new savings account vehicle introduced under recent…

Tax PolicyPersonal Income TaxUnited StatesAmericas
TaxProf Blog10 Aug 2026

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…

Tax PolicyTax ControversyUnited StatesAmericas
VATCalc10 Aug 2026

Will VAT become the world’s AI tax?

The article examines whether VAT and GST systems globally are emerging as the primary fiscal mechanism for taxing AI-related services…

Global VAT Compliance10 Aug 2026

Croatia: Draft bill introduces first ViDA measures

Croatia has introduced a draft bill implementing the first measures from the EU's VAT in the Digital Age (ViDA) package.…

1StopVAT10 Aug 2026

Poland Proposes 3% Digital Services Tax for Big Tech from 2027

Poland has proposed a 3% digital services tax targeting large technology companies, set to take effect from 2027. The levy…

TaxProf Blog9 Aug 2026

Zhang: The Other Taxation — Tribes, Territories, and Fiscal Autonomy

This academic article examines the fiscal autonomy of Native American tribes and US territories, exploring how their taxation powers differ…

Tax PolicyUnited StatesAmericas
VATCalc9 Aug 2026

Brazil 27.91% CBS and IBS combined rate proposal

Brazil has proposed a combined CBS (Contribuição sobre Bens e Serviços) and IBS (Imposto sobre Bens e Serviços) rate of…

Tax PolicyVAT / GSTBrazilAmericas
TaxProf Blog9 Aug 2026

Scuderi: Sovereignty, Outer Space, And Taxation

This academic article explores the emerging question of how taxation principles apply to activities and entities in outer space, examining…

TaxProf Blog8 Aug 2026

Bozio et al.: Does Tax-Benefit Linkage Matter for the Incidence of Payroll Taxes?

Academic research by Bozio et al. examines whether the linkage between payroll taxes and the benefits they fund affects who…

TaxProf Blog8 Aug 2026

Iselin & Nunn: How Potential AI Futures Would Play Out in the Current Tax System

Academic analysis examines how various AI development scenarios would interact with the existing U.S. tax system. The paper by Iselin…

Tax PolicyTax TechnologyUnited StatesAmericas
VATCalc8 Aug 2026

EU ViDA risk of another layer of reporting complexity

The EU's VAT in the Digital Age (ViDA) initiative raises concerns about adding another layer of reporting complexity for businesses.…

Law360 Tax7 Aug 2026

Wash. AG's 'Neutral' Income Tax Repeal Description Can Stand

A Washington state court has ruled that the Attorney General's 'neutral' description of a ballot initiative to repeal the state's…

Tax PolicyPersonal Income TaxUnited StatesAmericas
CPA Practice Advisor7 Aug 2026

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…

Tax PolicyTax ControversyUnited StatesAmericas
Law360 Tax7 Aug 2026

IRS, Treasury Plan To Float Regs For Retirement Matches

The IRS and Treasury Department have announced plans to issue proposed regulations governing employer retirement plan matching contributions, likely linked…

Tax PolicyPayroll TaxUnited StatesAmericas
ITEP Blog7 Aug 2026

New Yorkers, Please Pay Your City Income Taxes: Why the Pied-a-Terre Tax Rollout Is Not Worth a Meltdown

An analysis from the Institute on Taxation and Economic Policy (ITEP) examines New York City's proposed pied-à-terre tax on non-primary…

Tax PolicyPersonal Income TaxUnited StatesAmericas
ITEP Blog7 Aug 2026

New Yorkers, Please Pay Your City Income Taxes: Why the Pied-a-Terre Tax Rollout Is Not Worth a Meltdown

This article from ITEP examines the proposed pied-à-terre tax on non-primary residences in New York City, arguing that concerns about…

Tax PolicyPersonal Income TaxUnited StatesAmericas
VAT Update7 Aug 2026

VAT Act Amendments: EET 2.0 and Proposed VAT Rate Changes

Proposed amendments to a national VAT Act introduce EET 2.0, an upgraded electronic sales registration system, alongside changes to VAT…

ITR Direct Tax7 Aug 2026

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…

Tax PolicyTax ControversyUnited KingdomEMEA
TaxProf Blog7 Aug 2026

WSJ: Missouri Voters Defeat Measure to Abolish Income Tax

Missouri voters rejected a ballot measure that would have abolished the state's income tax, preserving the existing personal income tax…

Tax PolicyPersonal Income TaxUnited StatesAmericas
Law360 Tax6 Aug 2026

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 PolicyTax ControversyUnited StatesAmericas
CPA Practice Advisor6 Aug 2026

Higher Ed Prepares for New IRS E-Filing System

Higher education institutions are preparing for a new IRS e-filing system, representing a significant regulatory update affecting how colleges and…

Tax PolicyTax TechnologyUnited StatesAmericas
TaxProf Blog6 Aug 2026

Chu: Taxing Aliens and International Law: Nationalist China’s Income Tax Negotiations with Treaty Powers, 1935–37

This academic article examines Nationalist China's income tax negotiations with treaty powers between 1935 and 1937, focusing on how China…

CPA Practice Advisor6 Aug 2026

IRS Adds New Features to Business Tax Accounts

The IRS has expanded functionality within its Business Tax Accounts portal, adding new features that improve how businesses manage their…

Tax PolicyTax TechnologyUnited StatesAmericas
CPA Practice Advisor6 Aug 2026

Missouri Voters Rejected the Governor’s Income Tax Plan. Could He Have Saved It?

Missouri voters rejected a gubernatorial income tax reduction plan at the ballot box, raising questions about the political strategy behind…

Tax PolicyPersonal Income TaxUnited StatesAmericas
ITEP Blog6 Aug 2026

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…

Tax PolicyTax ControversyUnited StatesAmericas
CIAT6 Aug 2026

Revista de Administración Tributaria CIAT/AEAT/IEF, No. 53, 2026

The CIAT/AEAT/IEF Tax Administration Review No. 53 (2026) is an academic journal publication covering tax administration topics across Latin America…

Meridian Global Services6 Aug 2026

France postpones transfer of VAT provisions to the Code des Impositions sur les Biens et Services until 1 January 2027

France has postponed the transfer of VAT provisions to the Code des Impositions sur les Biens et Services (CIBS) until…

Menzies6 Aug 2026

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…

Tax PolicyTax ControversyUnited KingdomEMEA
Taxand6 Aug 2026

Poland: Real Estate Tax Update

Poland has introduced updates to its real estate tax framework, reflecting changes to the rules governing how real estate is…

Tax PolicyPolandEMEA
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