The Uruguayan General Directorate of Taxation March 11 issued Resolution No. 665/026, to suspend individual income tax (IRPF) withholdings and advance payments related to foreign-sourced capital gains income and income ...

The Turkish Revenue Administration March 11 updated the annex to Decision No. 10995, of redetermined special consumption tax (SCT) rates for specified gasoline, diesel, liquefied petroleum gas (LPG), propane, and ...

The Australian Taxation Office March 6 announced the general interest charge (GIC) and shortfall interest charge (SIC) rates for Q2 2026. The announcement includes: 1) the GIC rates of 10.96 ...

The Kosovar Tax Administration March 10 clarified VAT purchase book and sales book declaration obligations. The clarification includes that: 1) purchase book and sales book declarations must be made through ...

The Barbadian Revenue Authority March 12 posted the March 2026 tax calendar, with deadlines for pay as you earn (PAYE) and VAT. The calendar includes deadlines of: 1) March 16 ...

The Barbadian Revenue Authority March 11 announced a delay in the availability of the corporate income tax return for filing by companies with January to September year-ends by the March ...

The Utah State Tax Commission has ruled that the personal property tax assessment for a computer gaming business, owned by the taxpayer during the relevant years, should be modified. The ...

The Idaho State Tax Commission modified the assessment of a residential property in Bonner County. The dispute centered around the market value of an improved 1.23-acre residential parcel located in ...

The Idaho State Tax Commission has reversed the Idaho County Board of Equalization’s decision regarding the valuation of a taxpayer’s agricultural parcel for the 2025 tax year. The disagreement focused ...

New York City Mayor Zohran Mamdani wants to slash New York state’s estate tax exemption threshold by almost 90%, from a more than $7 million limit to $750,000, and raise the top estate tax rate from 16% to 50%.

The tech industry trade association NetChoice filed the first challenge to Chicago’s first-in-the-nation tax on social media companies Friday, telling a state trial court the levy is preempted by federal law and violates the US and Illinois constitutions.

US consumer spending barely rose in January after economic growth was weaker than previously reported at the end of last year, suggesting the economy lost some momentum before the war with Iran.

The Trump administration said it’s making progress on building a web-based portal to handle refund requests for almost $170 billion in global tariffs that were overturned by the US Supreme Court, though it remains unclear when exactly the system will go live.

Hello and welcome to the Transfer Pricing Report. I’m Caleb Harshberger, and this week we’re looking at new numbers out of the UK showing the country nearly doubled its revenue from transfer pricing audits last year, plus some additional data on APAs, MAPs, and diverted profits tax investigations. An ExxonMobil win highlights TP confusion in Canada. Also, new Tax Court developments for Meta and Medtronic. And HP Enterprise catches a new case.

Bloomberg Tax Insights & Commentary is featuring a recurring questionnaire of prominent tax professionals who are willing to share their thoughts about their work and the practice of tax these days. We kick off the series with K.C. Chiang, a corporate tax partner at Olshan Frome Wolosky in New York.

The Spanish Council of Ministers March 10 approved the agreements authorizing the signing of: 1) the DTA and protocol with Montenegro; and 2) the DTA and protocol with the Netherlands, ...

The US Tax Court lacks the authority to compute statutory interest, and thus should dismiss any allegations relating to interest in Meta Platforms Inc.‘s $16 billion transfer pricing challenge, the IRS told the court.

A Tax Court of Canada judgment will be a helpful guide for companies arranging their transfer pricing affairs in the coming years, despite also highlighting uncertainty about how rules governing intracompany transactions are applied, practitioners said.

Billionaires have not been so reviled in the US since the Gilded Age. President Joe Biden used his farewell presidential address to declare the “ultra wealthy” a threat to America’s constitutional order. The mayor of New York, Zohran Mamdani, a city with the world’s largest concentration of millionaires, says that they should not exist at all. The Jeffrey Epstein files now being released by the Department of Justice are inevitably adding fuel to this fire. Epstein’s world might be dismissed as a populist caricature if it were not so horrifically true: a private island devoted to debauchery; billionaires holidaying with a convicted pedophile; intellectuals and politicians cavorting with scantily clad young women.

If you want to understand why the American starter home seems to have gone extinct, don’t look at greedy developers, rapacious investors or discriminating banks. Look at the government policies that make building these homes all but impossible. New research puts hard numbers on one part of the problem — and they’re staggering.

The US Sentencing Commission should require courts to consider a corporation’s prior deferred prosecution agreements and non-prosecution agreements when determining organizational fines for criminal offenses.

Bloomberg Tax Insights & Commentary is featuring a recurring questionnaire of prominent tax professionals who are willing to share their thoughts about their work and the practice of tax these days. We kick off the series with K.C. Chiang, a corporate tax partner at Olshan Frome Wolosky in New York.

People working in UK creative arts such as theater, film, music and dance can now benefit from updated guidance from the UK tax authority on claiming R&D tax relief.

Two recent precedential decisions from Washington state appeals courts underscore that businesses should carefully analyze their transactions’ economic substance when determining tax obligations.