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
Taxpayers can now access IRS compliance report online
The IRS has launched an online portal allowing taxpayers to access their compliance reports directly. This development gives individuals and…
Maryland Digital Ad Tax Rulings Shift Debate to What Comes Next
Maryland's digital advertising tax has reached a significant legal inflection point, with recent court rulings reshaping the broader policy debate…
5th Circ. Says IRS Penalty Suit Is Beyond Court Review
The Fifth Circuit has ruled that a taxpayer's suit challenging an IRS penalty is beyond judicial review, affirming limits on…
7th Circ. Nixes IRS Bid For Rehearing Of Hyatt Perks Tax Fight
The Seventh Circuit has denied the IRS's petition for rehearing in a tax dispute involving Hyatt hotel employee perks and…
AICPA supports disaster tax bill, presses for permanent relief
The AICPA has expressed support for pending disaster tax relief legislation while simultaneously advocating for permanent statutory relief measures. The…
AICPA supports disaster tax bill, presses for permanent relief
The AICPA has expressed support for proposed disaster tax relief legislation while urging Congress to make such relief permanent rather…
Childcare Center Late To Claim Tax Break, Minn. Justices Told
The Minnesota Supreme Court is considering whether a childcare center filed its tax break claim too late under state law.…
Trump Threatens 50% Tariffs On Canadian Vehicles, Steel
President Trump has threatened to impose 50% tariffs on Canadian vehicles and steel imports, escalating trade tensions between the US…
More on Tax-Aware Long-Short Investing Strategies
This article explores tax-aware long-short investing strategies, examining how investors can structure equity portfolios to optimise after-tax returns by offsetting…
CBSA clarifies process for importing TRQ goods into Customs Bonded Warehouses
The Canada Border Services Agency (CBSA) has issued clarification on the process for importing tariff rate quota (TRQ) goods into…
IRS Keeps Interest Rates Steady for Q4 2026
The IRS has announced that interest rates will remain unchanged for the fourth quarter of 2026. These rates apply to…
“Taylor Swift Tax” Draws Suit From Rhode Island Homeowners
Rhode Island homeowners have filed a lawsuit challenging a local tax measure dubbed the 'Taylor Swift Tax,' apparently targeting short-term…
Oman Introduces Mandatory E-Invoicing from April 2027
Oman is set to introduce mandatory e-invoicing through its Fawtara system from April 2027. This represents a significant regulatory development…
Portugal Updates VAT Invoice Correction and Regularization Rules
Portugal has updated its rules governing VAT invoice correction and regularization, introducing changes that affect how businesses rectify previously issued…
Albanese Vows No Change to WA’s GST Deal Despite Overhaul Push
Australian Prime Minister Albanese has pledged to maintain Western Australia's existing GST distribution deal despite growing pressure from other states…
Assam GST Wing Raids Five Rubber Businesses Over Fake ITC Tax Evasion
The Assam GST enforcement wing has conducted raids on five rubber businesses suspected of claiming fraudulent Input Tax Credits (ITC).…
Ukraine Proposes VAT Administration Reforms for Sole Traders and Tax Audits
Ukraine has put forward legislative proposals to reform VAT administration, with specific measures targeting sole traders and the conduct of…
Paper (Diaper) Tiger? “Trump Vows to Double Tariffs on Canadian Autos, Escalating Fight”
Trump has threatened to double tariffs on Canadian automobiles, escalating trade tensions between the US and Canada. The proposed measure…
Whiplash: The 5th Circuit Rewrites the Limited-Partner Self-Employment Tax Test; Tax Pros Should Check in With Clients
The 5th Circuit Court of Appeals has issued a significant ruling rewriting the test for determining whether limited partners are…
US North Carolina Extends Sales Tax Registration Period for Remote Sellers
North Carolina has extended the sales tax registration period for remote sellers, giving businesses additional time to comply with the…
From Sevilla Commitments to Implementation: Strengthening Africa’s Domestic Resource Mobilisation
This article examines Africa's progress in domestic resource mobilisation (DRM) following commitments made at the Sevilla financing for development conference.…
FTO questions RTO Islamabad’s handling of PAF-linked tax refund claim
Pakistan's Federal Tax Ombudsman (FTO) has raised concerns over the Regional Tax Office (RTO) Islamabad's handling of a tax refund…
Section 338 Additional Duties Go Into Effect After U.S. and Canada Negotiations Suspended; Canada Retaliates With Post-Labor Day Tariffs Announcement
Section 338 additional duties have taken effect following the suspension of U.S.-Canada trade negotiations. In response, Canada has announced retaliatory…
CRS 2.0 is changing what it means for fund administrators to be ready
CRS 2.0 represents a significant update to the Common Reporting Standard, imposing enhanced due diligence and reporting obligations on fund…
President directs FBR to implement taxpayer-favorable ADRC decision
Pakistan's President has directed the Federal Board of Revenue (FBR) to implement a decision by the Alternative Dispute Resolution Committee…
Income Tax Officials Review Roadmap to Enhance Taxpayer Services
Indian Income Tax officials are reviewing a roadmap aimed at enhancing taxpayer services, signaling potential administrative and procedural improvements within…
E-Invoicing Does Not End at the Invoice: Why Expense Management Must Be Part of the Compliance Process
This article argues that eInvoicing compliance extends beyond invoice issuance to encompass the full expense management cycle. As eInvoicing mandates…
KSeF Number Requirement for Payment Messages Will Not Apply in Every Case
Poland's KSeF (National e-Invoicing System) mandate includes a requirement to reference KSeF invoice numbers in payment messages, but new clarifications…
Transitional KSeF Exceptions Complicate Fuel-Invoice Processing
Poland's transitional KSeF rollout includes exceptions for certain invoice types, and fuel invoices are emerging as a particularly complex case.…
Formal Corrective Invoices Do Not Automatically Require a JPK_V7 Correction
Polish tax authorities have clarified that issuing a formal corrective invoice under KSeF rules does not automatically trigger an obligation…
GST Council May Consider Cutting GST on SMR Components from 18% to 5%
India's GST Council is reportedly considering a significant reduction in the GST rate on Small Modular Reactor (SMR) components, from…
Treasury to call time on uncertainty for pubs and hotels
The UK Treasury has launched a review of the valuation methodology used to calculate business rates for pubs and hotels.…
Estate, Inheritance, and Gift Taxes in Europe, 2026
A Tax Foundation analysis surveys estate, inheritance, and gift tax regimes across European countries for 2026. The report maps which…
Delhi HC Refuses Anticipatory Bail in Fake GST Registration Case Linked to PAN Card Misuse
The Delhi High Court refused anticipatory bail to an accused in a case involving fake GST registrations obtained through misuse…
No zero rate in the event of a broken temporal link between supply and export of horse
A tax ruling addresses the application of the zero VAT rate for exports of horses, finding that the rate cannot…
Decree No. 2026-677 completes e-invoicing legal framework
France's Decree No. 2026-677 completes the legal framework for mandatory e-invoicing, filling remaining regulatory gaps ahead of the phased rollout.…
Nephew Gifts ₹1.65 Crore Property to Uncle: Tax-Free Gift or Tax Trouble?
This article examines the Indian tax implications of a nephew gifting a ₹1.65 crore property to his uncle, analysing whether…
Delhi HC: Education Advisory Services to Foreign Universities Qualify as Export of Services, Not Intermediary Services
The Delhi High Court ruled that education advisory services provided by an Indian company to foreign universities qualify as 'export…
EU unveils digital taxpayer identity for ViDA Single VAT Registration
The EU has unveiled a digital taxpayer identity framework as part of the ViDA (VAT in the Digital Age) initiative,…
Netherlands: DAC8 and DAC9 penalty rules updated
The Netherlands has updated its penalty rules in relation to DAC8 and DAC9, the EU directives covering automatic exchange of…
Portugal updates VAT correction, return rules
Portugal has updated its rules governing VAT corrections and return filings, introducing changes that affect how taxpayers amend previously submitted…
Canada to Add Equal Tariffs on U.S. Goods as Trade War Heats Back Up
Canada has announced plans to impose retaliatory tariffs on U.S. goods matching American tariff rates, escalating the ongoing trade war…
IRS Guidance on Race and Admissions in Colleges (and Law Schools) Passes White House Review
IRS guidance addressing tax-exempt status implications for colleges and law schools that consider race in admissions decisions has cleared White…
2026 global VAT changes
A comprehensive forward-looking overview of global VAT and GST legislative changes coming into effect in 2026. The article covers multiple…
EU ViDA Transfer of Own Goods reduces VAT registrations July 2028
The EU VAT in the Digital Age (ViDA) reform introduces a deemed supply mechanism for Transfer of Own Goods, set…
E-Invoicing & E-Reporting developments in the news in week 34/2026
A weekly roundup of global e-invoicing and e-reporting regulatory developments for week 34 of 2026. These compilations track country-specific mandate…
Gujarat HC Retains GST Levy on Corporate Guarantees, Strikes Down ‘Whichever Is Higher’ Provision
The Gujarat High Court has upheld the GST levy on corporate guarantees provided by holding companies to subsidiaries, affirming the…
Your Peppol UBL Invoice Was Rejected. How to fix it?
A practical guidance article addressing common rejection errors in Peppol UBL invoice submissions, with troubleshooting steps for tax and finance…
Greece VAT Guide: FPA, myDATA and Mandatory E-Invoicing
A comprehensive guide to Greece's VAT and e-invoicing framework, covering FPA (the Greek VAT acronym), the myDATA digital reporting platform,…
Now in effect: 50% U.S. tariff on certain Canada-origin goods
A 50% U.S. tariff has come into effect on certain goods originating from Canada. This significant customs duty increase directly…
Subsection 55(2) of the Income Tax Act : The Anti-Avoidance Rule, Deliberate Triggering for the CDA, and the Bill C-59 GAAR Overlay
This article examines subsection 55(2) of Canada's Income Tax Act, an anti-avoidance provision targeting corporate dividend stripping transactions that could…
VAT Refund on Third-Party Assets Only If They Serve the Business
A VAT ruling clarifies that businesses can only reclaim input VAT on assets owned by third parties if those assets…
VAT Refund Denied for Photographs Not Qualifying as Artworks
A tax authority or court has denied a VAT refund claim on the grounds that the photographs in question do…
Indian Life Insurers Expand VNB Margins Despite GST-Related ITC Loss
Indian life insurance companies are reporting growth in Value of New Business (VNB) margins despite facing losses of Input Tax…
Salehi v The King: HST Risks for Homebuilders and Home Sellers
The Canadian tax case Salehi v The King examines HST (Harmonized Sales Tax) exposure for homebuilders and individuals who sell…
IOSS Incompatible with Italy’s Flat-Rate Tax Regime
Italian tax authorities have determined that the Import One-Stop Shop (IOSS) scheme is incompatible with Italy's flat-rate tax regime (regime…
Heilbrun: Political Power and the Global Expansion of the Value-Added Tax
This article examines the political and institutional factors driving the global expansion of the value-added tax (VAT), analyzing how governments…
Testing the Limits of Neoclassical Tax-Mobility Arguments
This academic article critically examines neoclassical arguments about tax-driven mobility — the theory that high taxes cause individuals and businesses…
Delayed Form 10B Filing Cannot Deny Trust Exemption if Filed Before Processing: ITAT Bangalore
The Income Tax Appellate Tribunal (ITAT) Bangalore has ruled that a charitable trust cannot be denied tax exemption solely due…
Section 50C Addition Cannot Survive When AO Fails to Refer Valuation Dispute to DVO: ITAT
The Income Tax Appellate Tribunal (ITAT) has ruled that an addition under Section 50C of the Indian Income Tax Act…
AP HC: Composite GST Assessment Order Covering Multiple Tax Periods Can’t Be Sustained
The Andhra Pradesh High Court ruled that a composite GST assessment order covering multiple tax periods cannot be sustained. The…
Gujarat High Court Upholds GST on Corporate Guarantees but Restricts Valuation and Retrospective Application
The Gujarat High Court has ruled that GST applies to corporate guarantees provided by holding companies to subsidiaries, affirming the…
UAE Introduces Supplier Due-Diligence Requirements for Input VAT Recovery from October 2026
The UAE has introduced new supplier due-diligence requirements that businesses must satisfy to recover input VAT, effective October 2026. Under…
France Clarifies That Unused Goods Can Qualify as Second-Hand Goods for the VAT Margin Scheme
France's tax authority has issued a clarification confirming that unused goods can qualify as second-hand goods for the purposes of…
EC operational framework for ViDA Single VAT Registration
The European Commission has published an operational framework for the VAT in the Digital Age (ViDA) Single VAT Registration (SVR)…
Practical Advice for Late FBAR Filing by an Offshore Specialist
This article provides practical guidance on late FBAR (Foreign Bank Account Report) filing from an offshore tax specialist. FBAR filings…
WSJ: When Your Bumper 401(k) Is a Tax Problem Waiting to Happen
The Wall Street Journal highlights a growing tax challenge for retirement savers with large 401(k) balances. As account values surge,…
Consultant Should Have Flagged VAT Fraud, UK Court Affirms
A UK court has upheld a ruling that a consultant acted negligently by failing to flag VAT fraud risks to…
Apple Paid $17B Taxes To Ireland In 2025, Mostly Due To ECJ
Apple paid approximately $17 billion in taxes to Ireland in 2025, largely as a result of the European Court of…
Diving into the Differences Between Tax Transparency Regimes
This article examines the differences between various tax transparency regimes, likely covering OECD-led initiatives such as the Common Reporting Standard…
Mr. Trump, tear down this (hamburger tariff) wall!
The article examines tariffs imposed under the Trump administration, using the metaphor of a 'hamburger tariff wall' to critique current…
Fighting Your CRA Reassessment at the Tax Court of Canada Through an Appeal? Does an Informal or General Procedure Apply?
This article explains the procedural differences between the Informal and General Procedure routes when appealing a CRA reassessment at the…
Breaking Trade News: CAPE Phase 3 Postponed, Canada 338 Tariffs Delayed
Breaking trade news covers two developments: the postponement of CAPE Phase 3 and a delay to Canada's retaliatory 338 tariffs.…
Repeatedly Failed to Report Income (even $500)? CRA Will Penalize You for That: Lessons from Kryski v. The King , 2026 TCC 145
The 2026 Tax Court of Canada decision in Kryski v. The King reinforces CRA's authority to impose a repeated failure-to-report…
FE fundinfo brings Irish tax modelling to Nexus
FE fundinfo has integrated Irish tax modelling capabilities into its Nexus platform, enabling fund managers and distributors to calculate and…
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.