


Washington’s Newly Minted Millionaire Tax Challenged as Unlawful
Washington state’s income tax on high earners met its first court challenge alleging it’s an illegal tax on property Thursday, two weeks after its enactment.

Three New Tax Disclosure Regimes Still Leave Gaps in Information
New corporate tax disclosures will provide investors with some answers to the persistent puzzle of where companies book their profits and pay their taxes—but some pieces of the puzzle are still going to be missing.
PODCASTS
Tax Filing Season Is Underway: Here's How It's Going So Far
States Still Decoupling From GOP Tax Law Deep Into Filing Season
Tariff Refunds Would Threaten Tax, Transfer Pricing Headaches
DOJ Tax Attorneys Focus on Immigration, Nonprofits After Shakeup
Columns + Commentary
Danny Werfel By All AccountsPentagon Anthropic Deadlock Demands Thorough Checks on AI Use
Andrew Leahey Technically SpeakingGeorgia Gas Tax Holiday Is Affordability Theater That Delays Harm
Andrew Leahey Technically SpeakingMamdani’s NY Estate Tax Exemption Should Target Dynastic Wealth
Danny Werfel By All AccountsTrump’s IRS Lawsuit Offers Lessons on Privacy and Legal Process
Practitioner Insights
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Bloomberg Tax Journals
View MoreHow Global Practice Could Shape Brazilian Transfer Pricing Audits
Brazil’s adoption of OECD Transfer Pricing Guidelines marks a significant shift towards global standards, presenting new challenges and opportunities for Brazilian taxpayers to align their practices with international norms and prepare for increased scrutiny.
Better Governance Helps Families Defy the Three‑Generation Curse
A concise look at how governance, transparency, and structured decision‑making enable family enterprises to endure beyond three generations.
EU Courts Reshape Transfer Pricing’s Impact on Indirect Taxes
CJEU rulings have clarified transfer pricing’s impact on VAT and customs, prompting corporate reassessment.
Tax Developments
View MoreIRS Issues Proposed Regulations on 1 Percent Excise Tax on Certain Remittance Transfers
The IRS issued proposed regulations providing rules and definitions related to the 1 percent excise tax on certain remittance transfers beginning Jan. 1, 2026. The tax applies to remittances sent ...
IRS Issues Final Regulations on “No Tax on Tips” Deduction for Qualified Tipped Occupations
The IRS issued final regulations implementing the “No Tax on Tips” provision, allowing eligible workers in more than 70 occupations to claim a deduction for qualified tips. The regulations, issued ...
IRS Issues Revenue Procedure for Qualified Opportunity Zones Nomination Effective January 2027
The IRS issued revenue procedures providing guidance to state chief executive officers on procedures for nominating population census tracts to be designated as qualified opportunity zones effective Jan. 1, 2027, ...
IRS Shakeup: How Is the US Tax Agency Adapting to Trump's Vision?
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.
Latest Stories
IRS Has an Early Present for Santa Claus: Tax-Deductible Tips
Santa Claus impersonators are the latest beneficiary of
Constitutional Court Backs Belgium’s Minimum Taxable Base Rule
Belgium’s Constitutional Court backed a tax rule preventing companies from using past losses to offset additional assessments that carry a punitive surcharge.
IRS-Private Sector Program Filing Up After Agency-Run Site Axed
The IRS’s partnership with the private sector to help taxpayers file returns for free is seeing a 4% bump and is expected to surge in the tax season’s last weeks, the program’s leader said.
Trade Court Urged by 24 States to Scrap Latest Trump Tariffs
A group of small businesses and 24 mostly Democrat-led states urged a panel of US trade judges to vacate President
FROM ACROSS BLOOMBERG TAX
- Daily Tax Report International
- Daily Tax Report State
- Transfer Pricing Report
- The Exchange: Tax Insights & Commentary
Bahrain Lower House Passes Bill to Ratify DTA With Jersey
The Bahraini lower house of parliament (Majlis Al-Nuwab) April 7 passed a bill to ratify the DTA with Jersey, signed Sept. 15, 2025. [Bahrain, Majlis Al-Nuwab, 04/07/26]
Germany MOF Posts Draft Regulation to Update List of Participating Jurisdictions Under MCAA-CRS
The German Ministry of Finance April 8 posted online a draft regulation to update the list of participating jurisdictions under the Multilateral Competent Authority Agreement (MCAA) on the automatic exchange ...
Cyprus Gazettes Decree Changing VAT Schedule, Reducing VAT Rate for Specified Supplies of Electricity
The Cypriot Official Gazette March 27 published Decree No. K.D.P. 167/2026, changing the VAT schedule for specified supplies of electricity. The decree includes measures decreasing to 5 percent, from 8 ...
United Kingdom Foreign Ministry Submits Bill to Ratify Air Services Agreement With Mongolia
The United Kingdom Foreign and Commonwealth Office April 8 announced the submission of a bill to Parliament in April to ratify the air services agreement with Mongolia, signed Jan. 23, ...
Paraguay Tax Agency Issues Resolution Extending Deadline for Specified 2025 Corporate Income Tax Financial Statements
The Paraguayan National Directorate of Tax Revenues April 7 issued General Resolution No. 50/26, extending the filing deadline for specified 2025 corporate income tax (IRE) financial statements. The resolution includes ...
Sweden Tax Agency Clarifies Capital Gains Taxation Rules Under DTAs With Poland, France
The Swedish Tax Agency April 7 clarified capital gains taxation rules under the 1990 DTA with France, and 2004 DTA with Poland. The clarifications include that: 1) under a France-Sweden ...
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