Enacting the GOP’s massive tax law is a priority for the IRS going into 2026 as the agency contends with its first full filing season after the Trump administration’s massive workforce cuts.
States face a tough choice in the year ahead: pile onto US tax bills looming for thousands of student loan borrowers whose debts are forgiven under an income-driven repayment plan, or forgo much-needed revenue.
The IRS’s heightened focus on enhancing collection efforts through AI and technological advancements, coupled with recent court ruling, signals a shift in tax collection practices.
As Saudi Arabia explores digital transformation and blockchain adoption, the tokenization of real estate introduces significant tax and regulatory uncertainty.
Spain’s non-discrimination jurisprudence opens new tax refund possibilities for international taxpayers operating through group structures, though also introduces substantial documentation and verification complexity.
The IRS has published a private letter ruling on I.R.C. §1362, granting relief for an inadvertent termination of S corporation status, caused by beneficiaries’ failure to file timely qualified subchapter ...
The IRS has published a private letter ruling on I.R.C. §468A, and Treas. Regs. §301.9100, §1.468A-5, and §1.468A-3, granting taxpayer extension of time to withdraw excess contribution from qualified nuclear ...
The IRS has published a private letter ruling on Treas. Regs. §301.9100 and §301.7701, granting a foreign entity a 120-day extension to file Form 8832, to elect partnership classification, effective ...
Since President Donald Trump took office, the IRS has faced transformative changes, including a substantial reduction in its workforce and the appointment of seven different commissioners or acting commissioners.
This week, experts analyzed the Trump administration’s order on marijuana rescheduling, R&D tax credits, and more.
Colgate-Palmolive’s India unit will appeal a $29.8 million tax adjustment from the Indian tax authorities—the latest in a string of tax disputes for the company in recent years.
The Finnish Tax Administration Sept. 9 posted online Central Tax Board Preliminary Decision No. KVL:2025/37, clarifying the individual income tax treatment, as employment income, of compensation for courier work. The ...
The European Commission (EC) Dec. 19 issued State Aid Case Decision No. SA.120528, approving the extension of the Irish state aid tax credit regime for digital games. The decision includes ...
The French Official Gazette Dec. 20 published Ordinance No. 2025-1247, recodifying VAT and amending the GST Code. The ordinance includes measures: 1) consolidating all VAT rules into a new book ...
The Austrian Official Gazette Dec. 23 published Law No. 98, amending the Income Tax Act 1988, the Value Added Tax Act 1994, the Financial Offences Act, the Federal Fiscal Code, ...
The Austrian Official Gazette Dec. 23 published Law No. 97, the Tax Amendment Act 2025, amending various tax laws. The law includes measures: 1) increasing tax brackets and allowances, and ...
The Lithuanian Official Gazette Dec. 23 published Law No. XV-680, amending the Individual Income Tax Law. The law includes measures: 1) setting progressive individual income tax rates of 20 percent, ...
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