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Tax lawyers ask FBR to extend return deadline
Pakistani tax lawyers have formally requested the Federal Board of Revenue (FBR) to extend the tax return filing deadline, citing…
Organised Crime Outpaces the EU’s Anti-Fraud Defences
A report highlights how organised crime groups are increasingly outpacing the European Union's anti-fraud defences, particularly in the area of…
Umno Vows to Reintroduce GST if It Returns to Power
Malaysia's Umno party has pledged to reintroduce the Goods and Services Tax (GST) if it returns to power, reigniting a…
England’s new tourist tax: what it raises, who pays, and what it costs
England is considering or has introduced a tourist tax, examining how much revenue it could generate, which visitors or accommodation…
Here’s What You Should Know About Trump’s Proposed $5,000 Dividend Checks
President Trump has proposed issuing $5,000 dividend checks to American citizens, funded by revenues from tariffs and potentially other government…
The OBBBA is Reshaping How Mid-Market Businesses Invest, Grow And Create Value
The One Big Beautiful Budget Act (OBBBA) is significantly influencing investment and growth strategies for mid-market businesses. The legislation introduces…
IRS Posts Additional Guidance on Section 45Z Clean Fuel Credit
The IRS has released additional guidance on the Section 45Z Clean Fuel Production Credit, a tax incentive introduced under recent…
Presidente de Honduras recibe misión oficial del CIAT para abordar temas de cooperación y fortalecimiento de la administración tributaria
The President of Honduras received an official mission from CIAT (Inter-American Center of Tax Administrations) to discuss cooperation and strengthening…
TurboTax Maker Intuit Paid Zero Federal Income Tax in 2025
Intuit, the maker of TurboTax, paid zero federal income tax in 2025 despite reporting substantial profits, according to an analysis…
UN Framework Convention – Roundup of the Fifth Session of Negotiations
The fifth session of negotiations under the UN Framework Convention on international tax cooperation has concluded. This session represents a…
Por qué la Recomendación 16 del GAFI es relevante para las administraciones tributarias
FATF Recommendation 16, which governs wire transfers and payment transparency, holds significant relevance for tax administrations seeking to combat tax…
Li: Taxation and Expropriation in International Investment Arbitration
A scholarly article examines the intersection of taxation and expropriation within international investment arbitration, exploring how tax measures imposed by…
Ore. Court OKs Recouping Tax After Farm Break Revoked
An Oregon court has ruled that the state may recoup previously granted tax benefits after a farm's tax exemption was…
Ørsted Secures UK Tax Rights For 2 Offshore Wind Farms
Danish energy company Ørsted has secured UK tax rights in connection with two offshore wind farm projects. The development relates…
Business tax treatment of virtual assets
Taiwan has issued updated guidance on the business tax treatment of virtual assets, exempting cryptocurrencies and stablecoins from VAT when…
Guidelines on VAT not being deductible for non-taxable transactions
New guidelines have been issued clarifying that input VAT is not deductible where costs relate to non-taxable transactions — i.e.,…
CBDT Allows Sharing of Income-Tax Data with Andhra Pradesh ITE&C to Identify Eligible Welfare Scheme Beneficiaries
India's Central Board of Direct Taxes (CBDT) has authorized the sharing of income-tax data with Andhra Pradesh's Information Technology, Electronics…
UN cross-border services tax plan collides with VAT
The UN is advancing a proposal to impose withholding taxes on cross-border services payments made to non-residents, creating a potential…
IRS Clarifies Coordination of Section 174 Method Changes and Accelerated Recovery Elections
The IRS has issued clarification on how Section 174 method changes coordinate with accelerated recovery elections for research and experimental…
No, Tariffs Can’t Fund $5,000 Dividends to All Adult US Citizens
The Tax Foundation analyzes a proposal to distribute $5,000 dividends to all adult US citizens funded by tariff revenue, finding…
IRS Tax Revenue Surged to Record High in FY 2025 While Audit Revenue Dipped 35%
The IRS collected record-high tax revenue in fiscal year 2025, reflecting strong overall collection performance. However, audit-generated revenue fell 35%…
Trump Promised Americans $5,000 if Republicans Win Congress. Here’s the Math.
An analysis of Donald Trump's promise to deliver $5,000 to Americans if Republicans win Congress, examining the fiscal and tax…
IRS Needs to Refine Employee Training on Taxpayer Representation, TIGTA Says
The Treasury Inspector General for Tax Administration (TIGTA) has found that the IRS needs to improve employee training regarding taxpayer…
Switzerland Sets Individual Taxation Date
Switzerland has announced a specific implementation date for individual taxation reform, moving away from the current joint taxation system for…
Tasmanian Parliament Demands Fair GST Deal and Restoration of Fiscal Equalisation
The Tasmanian Parliament has passed a motion demanding a fairer distribution of GST revenue and the restoration of full horizontal…
Observatorio de las reformas fiscales y el fortalecimiento de las administraciones tributarias de América Latina. Alerta tributaria (enero/julio 2026)
CIAT's tax reform observatory publishes its January–July 2026 alert covering fiscal reforms and strengthening of tax administrations across Latin America.…
Opinion: Trump Accounts Show Why Government Trust Matters
This opinion piece examines Trump Accounts—a new savings vehicle proposed under recent U.S. tax legislation—through the lens of public trust…
Cannabis Equipment OK For Tax Break, Colo. Dept. Says
The Colorado Department of Revenue has determined that equipment used in cannabis cultivation and processing qualifies for a state tax…
Universities UK: a £6bn lesson in bad tax policy
Universities UK has put forward a proposal regarding National Insurance contributions that highlights flawed tax policy thinking. The piece critiques…
State Rundown 9/10: States Brace for (and in Some Cases Embrace) Ballots and Budgets
This ITEP state rundown covers tax-related ballot measures and budget developments across multiple U.S. states. States are preparing for upcoming…
Visitor levy in England
The UK government has launched a consultation on introducing an overnight visitor levy in England, similar to tourist taxes already…
CBIC Defends GST Growth Calculation Method Amid Data Manipulation Claims
India's Central Board of Indirect Taxes and Customs (CBIC) has defended its methodology for calculating GST revenue growth figures following…
Private Schools and Tax-Exempt Status: Understanding the IRS’s Proposed Changes to Racial Nondiscrimination Requirements
The IRS has proposed changes to racial nondiscrimination requirements for private schools seeking or maintaining tax-exempt status. The proposed updates…
Foreign Asset Disclosure Scheme 2026: 60% Tax or Just ₹1 Lakh?
India's Foreign Asset Disclosure Scheme 2026 presents taxpayers with a critical choice: voluntarily disclose undisclosed foreign assets and face a…
Nepal Tax Agency Releases 2026 Finance Act Information Booklet
Nepal's tax authority has published an information booklet summarizing the key provisions of the 2026 Finance Act. The booklet covers…
Taiwan takes cryptocurrencies and stablecoins outside VAT
Taiwan has moved to exempt cryptocurrencies and stablecoins from VAT, treating them as outside the scope of value-added tax. The…
The Tax Problem You, Me, and Patrick Mahomes Have in Common
This Tax Foundation article uses Patrick Mahomes as a relatable entry point to explore a common tax problem facing ordinary…
US Expats Face Another Tax Setback: Is It Time to Finally Renounce US Citizenship?
US expatriates face ongoing tax challenges under the US citizenship-based taxation system, prompting renewed debate about renouncing US citizenship. The…
Even an Ideal Business Tax Base Can’t Justify an 80 Percent Business Tax Rate
A Tax Foundation analysis argues that even with a theoretically perfect business tax base, an 80 percent tax rate would…
The Destination-Based Cash Flow Tax Remains a Strong Option for US Business Tax Reform
The Tax Foundation examines the destination-based cash flow tax (DBCFT) as a viable option for reforming US business taxation. The…
Policy paper: Carbon border adjustment mechanism (CBAM): Policy summary
The UK government has published a policy summary on the Carbon Border Adjustment Mechanism (CBAM), which imposes a carbon cost…
Ohio Bill Would Limit Tax Breaks For Institutional Investors
An Ohio legislative bill proposes limiting tax breaks available to institutional investors, targeting preferential tax treatment that large-scale investors currently…
Tax Reforms Lead to 1.32 Crore Updated Returns and ₹16,083 Crore in Additional Tax: CBDT Member
India's Central Board of Direct Taxes (CBDT) has reported significant results from recent tax reforms, with 1.32 crore updated income…
FBR redraws enforcement map to crackdown on illicit money flows
Pakistan's Federal Board of Revenue (FBR) is restructuring its enforcement operations to combat illicit financial flows. The initiative involves redrawing…
Policy paper: Introduction of Carbon Border Adjustment Mechanism
The UK government has introduced legislation establishing its Carbon Border Adjustment Mechanism (CBAM), set to take effect from 2027. The…
GST Council May Consider Flat 5% GST Rate for Renewable EPC Contracts
India's GST Council is reportedly deliberating a uniform 5% GST rate for renewable energy Engineering, Procurement and Construction (EPC) contracts,…
For Millionaires in Illinois’ Most Populous County, Voter Tax Question Could Cost You
A ballot measure in Cook County, Illinois, could impose a significant additional tax burden on millionaires if approved by voters.…
HMRC Launches New Tax Registration Service
HMRC has launched a new tax registration service, modernizing the process by which businesses and individuals register for tax obligations…
Policy paper: Anti‑avoidance information notices
HMRC has published a policy paper on anti-avoidance information notices, outlining the authority's powers to require information from taxpayers and…
Official Statistics: VAT gap estimates
HMRC has released updated official statistics on the UK VAT gap — the difference between VAT theoretically owed and VAT…
National Tax Journal Publishes New Issue
The National Tax Journal has published a new issue featuring peer-reviewed research on tax policy and related topics. As a…
TDS on Virtual Digital Assets (VDA) U/S 393(1) [Earlier 194S]
This article explains the TDS provisions applicable to Virtual Digital Assets (VDA) under Section 393(1) of India's tax law, previously…
Chile: Digital content income reporting from 2027
Chile is introducing mandatory income reporting requirements for digital content creators starting in 2027. The new rules will require platforms…
AICPA seeks IRS clarity on AI guidelines, CPA fees
The AICPA has formally requested IRS clarification on guidelines governing the use of artificial intelligence in tax practice, as well…
AICPA seeks IRS clarity on AI guidelines, CPA fees
The AICPA has formally requested the IRS to provide clearer guidance on the use of artificial intelligence in tax practice…
OECD Says Corporate Tax Rates Stayed Flat At 21.2% In 2025
The OECD has reported that global statutory corporate income tax rates remained flat at an average of 21.2% in 2025,…
Tentando Definir FE 4: Documento, medio de intercambio de información… ¿uno excluye al otro?
This CIAT article (fourth in a series) explores the definition of electronic invoicing (FE - Factura Electrónica), examining whether an…
Tentando definir FE 3: «Factura» es un documento
The third installment in CIAT's series attempting to define electronic invoicing (FE) argues that an invoice is fundamentally a document.…
Tentando definir FE 2: «Factura» es un medio de intercambio de información
The second article in CIAT's series on defining electronic invoicing (FE) presents the argument that an invoice is primarily a…
Tentando definir FE 1: La duda
Opening CIAT's four-part series on defining electronic invoicing (FE - Factura Electrónica), this article identifies the fundamental uncertainty around what…
Policy paper: Revenue and Customs Brief 10 (2026): Temporary zero rate of VAT for domestic electricity in Great Britain
HMRC has published Revenue and Customs Brief 10 (2026) confirming a temporary zero rate of VAT for domestic electricity in…
EU E-Commerce VAT Rules Generate More Than €125 Billion in Five Years
The EU's e-commerce VAT rules, introduced in July 2021, have generated over €125 billion in VAT revenue over five years.…
Multistate Monitor — As states decouple from OBBB, expert explains how to address now-incorrect tax estimates
As states begin decoupling from the federal One Big Beautiful Bill (OBBB), tax professionals face the challenge of correcting state…
Evidence on Tax Incentives and Venture Capital Risk-Taking
Academic research examining the relationship between tax incentives and risk-taking behavior in venture capital markets. The study provides empirical evidence…
2026 State Tax Ballot Measures to Watch
A review of state-level tax ballot measures expected in 2026 across the United States, highlighting proposed changes to state tax…
NEV tax incentives could cost Pakistan Rs150b annually
Pakistan's proposed tax incentives for non-electric vehicles (NEVs) could result in an estimated annual revenue loss of Rs150 billion, according…
New tax proposed for Islamabad under plan to make city autonomous unit
A new tax is being proposed for Islamabad as part of a broader plan to transform the capital into an…
Forget raising VAT. Could cutting it actually raise growth
This article examines the economic argument that reducing VAT rates could stimulate growth rather than the more conventional approach of…
MTD is an opportunity, not a chore
Making Tax Digital (MTD) is framed as a strategic opportunity for tax practitioners and businesses rather than a compliance burden.…
Poland extends VAT joint liability to IT, consulting & other services
Poland is expanding its VAT joint liability rules to cover IT services, consulting, and a broader range of other services.…
Canadian Tariffs on U.S. Products to Start Tuesday
Canada is set to impose retaliatory tariffs on U.S. goods beginning Tuesday, escalating trade tensions between the two countries. The…
Herzfeld: “Will the Bond Market Force Congress’s Tax Hand?”
This article examines whether rising U.S. bond market pressures could constrain Congressional decisions on tax legislation. As Treasury yields climb…
Higher Social Security Payroll Taxes No Longer Taboo for GOP
Republican lawmakers are increasingly open to raising Social Security payroll taxes as part of broader efforts to address the program's…
Alabama Lawmaker Wants to Shield College Athletes From Surprise NIL Tax Bills
An Alabama lawmaker is proposing legislation to protect college athletes from unexpected tax liabilities arising from Name, Image, and Likeness…
SALT Break Sought by New York, California Pays Off Across the US
New York and California's push to restore the federal state and local tax (SALT) deduction has yielded benefits for taxpayers…
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