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Fifth Circuit Reconsiders Who Counts as a Limited Partner
The Fifth Circuit Court of Appeals is reconsidering the legal definition of who qualifies as a limited partner for self-employment…
Businesses face up to Rs50m fine for failing to link with FBR system
Pakistani businesses face fines of up to Rs50 million for failing to integrate their point-of-sale or retail systems with the…
Balochistan govt employees to face Rs500 tax deduction
Balochistan provincial government employees in Pakistan are set to face a Rs500 tax deduction, indicating a new or revised payroll…
AP HC: GST Assessment Order U/S 62 Deemed Withdrawn After Return Filing and Late Fee Payment
The Andhra Pradesh High Court ruled that a GST assessment order issued under Section 62 of the CGST Act is…
Telangana HC: Tax Department Can’t Retain Tax Collected Twice on the Same Income U/S 264
The Telangana High Court ruled that the tax department cannot retain tax collected twice on the same income under Section…
E-Invoicing & E-Reporting Explained: Governance & ownership – Tax vs IT vs Finance responsibilities
This article examines the governance and ownership challenges surrounding e-invoicing and e-reporting implementations, specifically addressing how responsibilities should be divided…
TDR Received Against Surrender of Land Is Taxable as Capital Gains: ITAT Bangalore
The Income Tax Appellate Tribunal (ITAT) Bangalore has ruled that Transferable Development Rights (TDR) received in exchange for surrendering land…
TDS Deducted but Not Deposited by Employer: Bombay High Court Protects the Deductee
The Bombay High Court has ruled in favour of employees (deductees) where Tax Deducted at Source (TDS) was withheld from…
Delhi HC Cancels Tax Penalty U/S 271(1)(c) Due to Defective Notice
The Delhi High Court cancelled a tax penalty imposed under Section 271(1)(c) of the Income Tax Act, finding that the…
EU clarifies Jan 2027 ViDA Single VAT Registration changes
The EU has issued clarifications regarding the Single VAT Registration (SVR) changes coming into effect in January 2027 under the…
E-Invoicing & E-Reporting Explained: What’s “Sent” vs What’s “Reported”
This article clarifies the distinction between what is electronically 'sent' to a buyer versus what is 'reported' to a tax…
Panama — E-Invoicing & E-Reporting Country Booklet
Panama's e-invoicing and e-reporting country booklet provides a comprehensive overview of the nation's electronic invoicing framework, covering regulatory requirements, technical…
Uganda: EFRIS requirement expanded to additional sectors
Uganda has expanded its Electronic Fiscal Receipting and Invoicing Solution (EFRIS) requirements to additional business sectors. EFRIS is Uganda Revenue…
Supreme Administrative Court Allows Ancillary Financial and Insurance Intermediation to Be Excluded from the VAT Pro-Rata
A Supreme Administrative Court has ruled that ancillary financial and insurance intermediation services may be excluded from the VAT pro-rata…
UAE’s Five-Corner Model Separates Invoice Exchange from Tax Reporting
The UAE has adopted a five-corner model for its e-invoicing framework that structurally separates the exchange of invoices between trading…
Hungary Introduces Mandatory eVAT Filing System from January 2027
Hungary is introducing a mandatory eVAT filing system, administered by the National Tax and Customs Administration (NAV), effective January 2027.…
More evidence on the effects of recent tariffs
New evidence examines the economic effects of recent tariff measures, analysing how import duties are affecting prices, trade flows, and…
Brazil’s VAT split payments delay
Brazil has announced a delay to its VAT split payment mechanism, a system designed to combat VAT fraud by automatically…
Decoding Slovakia’s E-Invoicing Mandate: Expert Q&A
An expert Q&A decoding Slovakia's upcoming e-invoicing mandate, covering key implementation requirements, timelines, and compliance obligations for businesses operating in…
CBO’s Updated Budgetary Projections of Tariffs as of July 31, 2026
The Congressional Budget Office has released updated budgetary projections specifically covering tariff revenues as of July 31, 2026. This report…
H.R. 9501, AI Tax Integrity Act of 2026
The Congressional Budget Office has scored H.R. 9501, the AI Tax Integrity Act of 2026, a proposed U.S. legislative measure…
H.R. 9504, Tax Exempt Hospital Transparency Act
The Congressional Budget Office has published a cost estimate for H.R. 9504, the Tax Exempt Hospital Transparency Act, a U.S.…
H.R. 9500, Tax Relief for Fraud Victims Act
The Congressional Budget Office has published a cost estimate for H.R. 9500, the Tax Relief for Fraud Victims Act, a…
H.R. 9499, Protecting Taxpayers From Ghost Preparers Act
The Congressional Budget Office has scored H.R. 9499, the Protecting Taxpayers From Ghost Preparers Act, a U.S. bill aimed at…
IRS Issues Proposed Regs on Eligible Investments for Trump Accounts
The IRS has issued proposed regulations clarifying eligible investments for so-called 'Trump Accounts' — a new tax-advantaged savings vehicle established…
Proposed rules would restrict Trump account eligible investments
Proposed rules would restrict the eligible investments available within Trump accounts, a new tax-advantaged savings vehicle. The regulations aim to…
Proposed rules would restrict Trump account eligible investments
Proposed rules would restrict the eligible investments available within Trump accounts, the new tax-advantaged savings accounts created under the One…
IRS Adds Tax Compliance Report to Individual Online Accounts
The IRS has introduced a new Tax Compliance Report feature within individual online taxpayer accounts, giving filers direct access to…
IRS to Open Office of Conservation Easements
The IRS has announced plans to establish a dedicated Office of Conservation Easements, signaling intensified enforcement focus on syndicated and…
Colo. Court Affirms Boulder Stormwater Fees Aren't Taxes
A Colorado court has affirmed that Boulder's stormwater fees do not constitute taxes, a distinction with significant implications for municipal…
Nintendo Customer Fights To Keep Tariff Refund Suit Alive
A Nintendo customer is fighting to keep alive a lawsuit seeking a refund of tariffs paid on Nintendo products. The…
Staffing Co. Owner Charged In $7M Employment Tax Scheme
The owner of a staffing company has been criminally charged in connection with an alleged $7 million employment tax scheme.…
Dems Push For Probe Of LNG Tanker Tax Breaks At IRS
Democratic lawmakers are pushing for an IRS investigation into tax breaks being claimed by liquefied natural gas (LNG) tanker operators.…
AI-native tax preparation: Why agentic AI is changing who does the work
Agentic AI is transforming tax preparation by shifting work traditionally performed by human practitioners to autonomous AI systems capable of…
IRS shifts approach to conservation easement disputes
The IRS is shifting its approach to conservation easement disputes, signaling a change in enforcement strategy regarding these frequently litigated…
IRS shifts approach to conservation easement disputes
The IRS is shifting its approach to conservation easement disputes, signaling a change in how it handles these long-contested tax…
Polysilicon and Derivative Product Imports To Be Subject to Minimum Import Price
Imports of polysilicon and derivative products are to be subjected to a minimum import price regime, representing a significant trade…
Are ticket fees taxable? Sales taxability for ticket-related fees
This article examines the sales tax treatment of ticket-related fees in the United States, addressing whether convenience fees, service fees,…
Lancement de la facturation électronique en France au 1er septembre : La liste de contrôle opérationnelle en 10 points pour être prêt le jour J
This article provides a 10-point operational checklist for businesses preparing for France's mandatory e-invoicing launch on 1 September. It covers…
5 Tax Moves Retirees Should Consider Before the End of 2026
The article outlines five tax planning strategies retirees should consider before year-end 2026. These likely include Roth conversions, required minimum…
Multistate Tax Trends: KPMG Managing Director Sarah Vergel de Dios on Renewable Energy, Data Centers, Nexus, and Voluntary Disclosure Strategy
KPMG Managing Director Sarah Vergel de Dios discusses multistate tax trends covering renewable energy tax incentives, data center taxation, nexus…
The Trump Administration Slashed Taxes for H&R Block and Raised Costs for Tax Filers
An analysis from the Institute on Taxation and Economic Policy (ITEP) argues that Trump administration tax policies have benefited companies…
Why fragmented tax data is becoming a RegTech risk
Fragmented tax data is emerging as a significant RegTech risk, as organisations struggle to consolidate tax-relevant information across disparate systems.…
Husted Introduces Bill to Let Homebuyers Tap 529 Savings for Down Payments
Representative Husted has introduced legislation that would allow homebuyers to use funds from 529 education savings accounts to cover down…
PRA Chairman, travel agents delegation discuss taxation issues
The Punjab Revenue Authority (PRA) Chairman met with a delegation of travel agents to discuss taxation issues affecting the travel…
Leaving the Netherlands? You May Still Have to File a Dutch Income Tax Return
Individuals who emigrate from the Netherlands may still be required to file a Dutch income tax return after leaving. The…
Why tax needs one trusted source of data
The article examines why tax functions require a single, trusted data source to operate effectively. It highlights the growing complexity…
What happens if your business if not ready on 1st September 2026 for France’s e-invoicing and e-reporting requirements
France's e-invoicing and e-reporting mandate takes effect 1 September 2026, requiring businesses to issue and receive structured electronic invoices via…
Govt Revises Clear Float Glass Import Policy with ₹34,000/MT Minimum Price for One Year
The Indian government has revised the import policy for clear float glass, establishing a minimum import price of ₹34,000 per…
Peru Postpones New Electronic Invoicing Validation Rules
Peru's tax authority has postponed the implementation of new electronic invoicing validation rules. The delay affects businesses operating under Peru's…
South Africa Consults on E-Invoicing and Near Real-Time VAT Reporting ModelSouth Africa Digital VAT Model: SARS E-Invoicing Plan
South Africa's SARS has launched a public consultation on a proposed digital VAT modernisation model incorporating e-invoicing and near real-time…
UK Tribunal Rules Tapi Carpets Not Liable for £13.5 Million VAT Assessment
A UK First-tier Tribunal has ruled that Tapi Carpets is not liable for a £13.5 million VAT assessment raised by…
Two-Year Exclusion from EU OSS for Failure to File Returns
EU rules provide that businesses failing to file VAT returns under the One-Stop Shop scheme face a two-year exclusion from…
Why POS Fiscal Counters Become So Complex
This article examines the technical and regulatory complexity surrounding POS fiscal counters, which are hardware or software components used in…
How Poland’s Restrictive Tax Treatment of Losses Penalizes Risk-Taking and Business Expansion
Poland's tax treatment of business losses is among the most restrictive in the EU, penalizing risk-taking and discouraging investment and…
Prediction Markets Contracts and Federal Income Tax: Wagering, Investing, or Something Else?
This article examines the uncertain federal income tax treatment of prediction market contracts in the United States, analyzing whether gains…
Vietnam: Transitional filing rules confirmed for foreign digital suppliers
Vietnam has confirmed transitional filing rules for foreign digital suppliers operating in the country. These rules clarify how non-resident digital…
SC Upholds Allahabad HC Ruling on ₹90.62 Lakh GST Demand for Lack of E-Way Bill
The Supreme Court of India upheld an Allahabad High Court ruling concerning a GST demand of ₹90.62 lakh arising from…
Luxembourg Submits First-Stage ViDA VAT Bill Covering Platforms, OSS and Call-Off Stock
Luxembourg has submitted the first stage of its VAT in the Digital Age (ViDA) implementation bill, covering three key areas:…
ViDA: Croatia consults on legislative amendments to implement ”Single EU VAT Registration”
Croatia has launched a public consultation on legislative amendments to implement the EU VAT in the Digital Age (ViDA) package,…
Once an Inquiry Under Section 148A(a) Is Approved, the Assessing Officer Cannot Skip It: Chhattisgarh High Court Quashes Reassessment
The Chhattisgarh High Court has quashed a reassessment order, ruling that once an inquiry under Section 148A(a) of the Income…
Serbia: VAT e-invoicing rulebook updated
Serbia has updated its VAT e-invoicing rulebook, introducing revised regulatory requirements for electronic invoicing compliance. The updated rulebook outlines technical…
Luxembourg Proposes Mandatory B2B E-Invoicing from 2028
Luxembourg has proposed a mandatory B2B e-invoicing regime set to launch in 2028, based on the PEPPOL framework. The initiative…
Delhi ITAT Deletes Tax Penalty on Salaried Person for Failing to File ITR Even With ₹30 Lakh Income
The Delhi Income Tax Appellate Tribunal (ITAT) deleted a penalty imposed on a salaried individual who failed to file an…
How to Deregister for VAT and What to Consider First
This article covers the process and key considerations for VAT deregistration, guiding businesses on when and how to cancel their…
IRS Regs Would Block Certain Immigrants From Claiming Refundable Tax Credits
The IRS has proposed regulations that would prevent certain immigrants from claiming refundable tax credits, including the Earned Income Tax…
Malaysia Goods & Services Tax reintroduction?
Malaysia is considering reintroducing a Goods and Services Tax (GST), potentially as early as 2029 or later, as the government…
Government of Canada initiates SIMA investigation into paperboard cups and containers
The Government of Canada has initiated a Special Import Measures Act (SIMA) investigation into paperboard cups and containers. SIMA investigations…
Inside the First Pillar Two Filing Season: Trends, Challenges, and Lessons
This article examines the inaugural Pillar Two filing season, exploring the practical challenges and emerging trends faced by multinationals as…
IRS Posts Updated Fact Sheet on Business Interest Expense Deduction Limit
The IRS has released an updated fact sheet clarifying the business interest expense deduction limitation under Section 163(j). The guidance…
President Trump Delays 50% Tariff on Canada by 3 Days
President Trump has delayed the imposition of a 50% tariff on Canadian imports by three days, providing a brief window…
September 2026 Sales Tax Due Dates (State-by-State Filing Calendar)
A state-by-state filing calendar outlining September 2026 sales tax due dates across US states. This practical compliance resource helps businesses…
CBP Form 5106 accuracy: what importers need to know
U.S. Customs and Border Protection (CBP) Form 5106 is the Importer ID Input Record, required for importers to establish or…
The Options Guide Shows a Better Way to Fund Social Security
With Social Security's trust funds projected to face shortfall, various funding options are under debate. The article examines tax-based solutions…
Five Things to Know About the Trump Administration’s New Effort to Deny Tax Credits to Lawfully Present Immigrants
The Trump administration is pursuing efforts to deny tax credits to lawfully present immigrants, raising significant personal income tax policy…
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