The Ukrainian Official Gazette May 20 published Law No. 4870-IX, ratifying the international road transport agreement with Morocco, signed June 28, 2025. The law enters into force May 30. [Ukraine, ...

The Sri Lankan Inland Revenue May 18 announced the May 31 filing deadline for April 2026 VAT returns. The announcement also includes that: 1) April 2026 VAT returns must be ...

The Brazilian Federal Revenue Office May 19 announced the release of the updated digital accounting bookkeeping program (ECD version 10.4.1) for the bookkeeping of accounting documents. The updates include: 1) ...

The Swedish Tax Agency May 19 posted online Supreme Administrative Court Decision No. HFD 2025 ref. 37, clarifying the application of the exemption from service taxation in the case of ...

The Organization for Economic Cooperation and Development (OECD) May 19 announced that Montenegro deposited its ratification instrument for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base ...

The Hong Kong government will introduce a bill in its legislature June 3 to implement a framework providing the automatic exchange of tax information on crypto-asset transactions with relevant jurisdictions annually.

The Maryland Governor signed H.B. 1026 authorizing merchants to round all transactions paid in cash to the nearest five cents. The law also amends the definition of “taxable price”, to ...

The Louisiana Governor signed a law amending tax assessment and appeals procedures. The law establishes uniform 90-day appeal periods for various tax matters, updates collection fee assessment timelines, and expands ...

The Louisiana Department of Revenue (DOR) adopted amendments to the income tax withholding tables regulation for the 2026 tax year. The regulation updates withholding tables and formulas to reflect the ...

The Louisiana Legislature amended and reenacted multiple sections of Louisiana Revised Statutes Title 47 regarding ad valorem tax collection and enforcement procedures. The changes standardize tax lien auction advertisement requirements, ...

The Iowa Legislature enacted SF 2492, creating a corporate income tax deduction for Net Controlled Foreign Corporation Tested Income (NCTI). Iowa has created NCTI to conform state legislation with the ...

JPMorgan Chase & Co. Chief Executive Jamie Dimon criticized plans by New York’s left-leaning mayor Zohran Mamdani to slap more taxes on the rich, arguing the move risks doing further damage to the city’s status as a business hub.

Sweden’s Supreme Administrative Court has overturned a transfer pricing-based adjustment against aluminum producer Kubikenborg Aluminium AB (Kubal) after the tax authority sought to cancel a deduction for damages resulting from an early electricity contract termination.

In early May, President Prabowo Subianto summoned a handful of his most trusted advisers to his house in south Jakarta to discuss how to find more revenue as surging oil prices stretched Indonesia’s finances.

Like tourists who come for the koalas but keep finding spiders and snakes, companies lured to Australia’s singular market are navigating a flip side of doing business Down Under: the Australian Taxation Office.

Countries at the United Nations are rewriting the rules of international tax so that they can tax tech giants like Google and Amazon based on where their users are located rather than where they are headquartered.

As part of a Bloomberg Tax Insights series about conflict reshaping tax priorities across the Middle East, DLA Piper practitioners say multinationals in the region may need to adjust supply chain operations and reassess the transfer pricing frameworks that support them.

Grant Thornton practitioners discuss how enterprises should allocate the value resulting from AI enablement when people, data, and workflows are interdependent and reside globally.

While US financial markets brace for what could be the three biggest initial public offerings ever, most entrepreneurship in the US is headed in the opposite direction: New businesses are shrinking.

There is a growing risk of economic overheating in the US as the artificial intelligence boom expands beyond semiconductors and spills into the broader economy — never mind the tame wage growth and house prices that would typically point in the opposite direction. If AI spending continues apace, accompanied by a rising stock market, there’s likely no way to avoid a widening pickup in inflation.

As part of a Bloomberg Tax Insights series about conflict reshaping tax priorities across the Middle East, the Gulf’s investment in real-time digital tax infrastructure looks like strategic defense, Dariba Technologies CEO Jay Riche says.

Kyle Wingfield joined Holland & Knight as a partner in its tax, executive compensation, and benefits practice group in Richmond, Va., the firm announced Wednesday.

President Donald Trump’s lawsuit against the Department of the Treasury and Internal Revenue Service has ended under the shadow of corruption: In exchange for dropping the case over leaked tax returns, the government will set aside money for Trump’s allies, all under his ultimate control and without independent oversight.

An examination of the Tax Court’s North Donald case and whether disclosures may be used to avoid civil fraud penalties by Caplin & Drysdale and Meadows Collier attorneys.