The Turkish Revenue Administration May 13 updated the annex to Decision No. 10995, on the special consumption tax (SCT) rates for various fuel products. The updated table includes SCT rates ...

The Kenyan Revenue Authority April 10 announced Q2 2026 interest rates for the fringe benefit tax and deemed interest. The announcement includes that for Q2 2026, the applicable rates include: ...

The Romanian National News Agency May 14 announced the government’s same date approval of a decision to increase mining tax rates for 2025, due to inflation. The decision includes measures ...

The United Kingdom HM Revenue and Customs May 14 posted a synthesized text of the 2010 DTA with Bahrain, and the Multilateral Convention to Implement Tax Treaty Related Measures to ...

The United Kingdom HM Revenue and Customs May 14 posted a synthesized text of the 1985 DTA with Cote d’Ivoire, and the Multilateral Convention to Implement Tax Treaty Related Measures ...

The Belarusian Official Gazette May 15 published Decree No. 160, approving a draft air services agreement with Sri Lanka, and authorizing the Ministry of Transport and Communications to negotiate and ...

The US Justice Department said it’s creating a $1.8 billion fund to pay out claims of alleged government weaponization as part of a settlement agreement to end President Donald Trump’s lawsuit against the Internal Revenue Service over the 2019 leak of his tax information.

The Iowa Governor signed a law that includes: 1) replacing global intangible low-taxed income (GILTI) with net controlled foreign corporation tested income (NCTI) to create a state corporate income tax ...

The Georgia Governor signed a law that includes: 1) providing a homestead exemption from Laurens County school district ad valorem taxes for educational purposes in the amount of the full ...

The Illinois Department of Revenue (DOR) has issued a general information letter regarding the taxability of deal-of-the-day vouchers. The Department held that sales of deal-of-the-day vouchers, which provide the right ...

The Illinois Department of Revenue (DOR) has issued a general information letter clarifying the ineligibility of foreign pensions for state retirement deduction. The letter states that private foreign pensions do ...

The Tennessee Court of Appeals affirmed in part, reversed in part, vacated in part, and remanded the business tax assessment against the taxpayer. Taxpayer sells enterprise software through on-premise and ...

Switzerland should scrap its implementation of the OECD global minimum tax on companies because it threatens the country’s competitiveness, according to a study commissioned by the Swiss-American Chamber of Commerce.

As part of a Bloomberg Tax Insights series about conflict reshaping tax priorities across the Middle East, RSM’s Tuhin Chaturvedi says businesses and tax teams in the Gulf region should begin planning for a contraction in economic activity.

This week, experts analyzed employee retention credit extension requests, the Amex VAT case in France, and more.

A European Court of Justice ruling in favor of automaker Stellantis will push companies to draft their intercompany transaction contracts more deliberately.

Hello and welcome to the Transfer Pricing Report. I’m Caleb Harshberger, and this week we heard from APMA director John Wall on how the beleaguered office is pushing the more difficult jurisdictions to speed up progress on APAs. Across the pond, the EU court sided with Stellantis in a TP-VAT case. Lastly, tax officials made news at a conference in DC this week.

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. Today we feature Nicholas Gerlach, a partner in Nixon Peabody’s corporate practice group and a member of the firm’s tax team.

Sam Megally, Will LeDoux and Cindy Ohlenforst joined Holland & Knight as members of the firm’s tax, executive compensation, and benefits practice group in Dallas, the firm announced Monday. Megally and LeDoux joined as partners, while Ohlenforst joined as senior counsel.

Writing a business plan, separating financial infrastructure, and documenting pivots will help content creators pass the nine-factor test of whether activities are “for profit,” Josh Hamlet of Clarity Tax Counsel says.

As part of a Bloomberg Tax Insights series about conflict reshaping tax priorities across the Middle East, RSM’s Tuhin Chaturvedi says businesses and tax teams in the Gulf region should begin planning for a contraction in economic activity.

This week, experts analyzed employee retention credit extension requests, the Amex VAT case in France, and more.

Emma Harris joined Ashfords as a partner in its trusts and estates practice in London, the firm announced Friday.

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. Today we feature Nicholas Gerlach, a partner in Nixon Peabody’s corporate practice group and a member of the firm’s tax team.