The New Zealand Ministry of Foreign Affairs and Trade May 6 announced the initialing of a DTA with Hungary. [New Zealand, Ministry of Foreign Affairs and Trade, 05/06/26]

The New Zealand Official Gazette May 8 published Public Act No. 97, on the consolidated text of Income Tax Act 2007, current as of April 5. [New Zealand, Government Legal ...

The Organization for Economic Cooperation and Development (OECD) May 5 posted an updated list of signatories, with signing dates, to the Multilateral Competent Authority Agreement on the Exchange of Global ...

The Organization for Economic Cooperation and Development (OECD) May 5 posted an updated list of signatories, with signing dates, to the addendum to the Multilateral Competent Authority Agreement (MCAA) on ...

The Bahamian Government May 6 announced that the reporting period for financial institutions subject to the U.S. Foreign Account Tax Compliance Act (FATCA) is scheduled from May 1 to June ...

The Dominican General Directorate of Internal Revenue May 6 announced a six-month extension, to May 15, to the deadline for micro, small, and medium-sized enterprises (MSMEs) and unclassified taxpayers to ...

The Washington Department of Revenue (DOR) proposed amendments to WAC 458-40-540 and 458-40-660 regarding forest land values and timber excise tax stumpage value tables. The proposed changes would update the ...

The Idaho State Tax Commission published a document containing revised maximum statutory levy rates for taxing districts within the state. [Idaho State Tax Comm’n, Maximum Statutory Levy Rates, 05/06/26]

New York Governor Kathy Hochul is planning to participate in President Donald Trump’s controversial federal school choice program, according to a statement Friday.

An Oregon family’s property can be specially assessed as farm use land because the family received income in exchange for boarding horses, the state tax court ruled Friday.

The Nebraska Tax Equalization and Review Commission reversed the Douglas County Board of Equalization’s valuation of a taxpayer’s vacant commercial parcel for tax years 2023 and 2024. The County Board ...

The Colorado Department of Revenue (DOR) issued Private Letter Ruling concluding that up-front lease payments for motor vehicle leases requiring recurring periodic payments are sourced to the primary property location ...

President Donald Trump’s 10% global tariffs were declared unlawful by a federal trade court in a fresh blow to the administration’s economic agenda, just months after the US Supreme Court vacated earlier levies he’d imposed.

French tax authorities used the wrong comparables to challenge energy multinational Engie’s pricing of LNG transactions for foreign subsidiaries, France’s top administrative court ruled.

Hello and welcome to the Transfer Pricing Report. I’m Caleb Harshberger, and this week we’re here with a warning for companies that don’t think they need to coordinate their transfer pricing with customs. In the Eaton litigation, a group slams the IRS’s position on related-party loans. And UnitedHealth is hit with a TP adjustment from the IRS.

A year into the Trump administration’s global tariff campaign, many companies are still struggling to coordinate their trade functions with their tax and transfer pricing teams, risking messy audits in the years to come.

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 Clara Pham, who leads the Canada national tax office for RSM.

US President Donald Trump and his Brazilian counterpart, Luiz Inacio Lula da Silva, expressed confidence that the two nations would be able to resolve their trade issues in the coming weeks after a meeting at the White House that both leaders cast as productive.

Economists may disagree about how important the issue of wealth inequality is, but politicians don’t. With a majority of Americans saying the gap between rich and poor is a very big problem, punitive wealth taxes are gaining in popularity and some elected officials are feuding with their wealthiest citizens.

Colleges and universities should closely evaluate process, documentation, and governance regarding their 403(b) plans given trends in ERISA litigation, Barclay Damon’s Michael McGovern says.

AI adoption raises profound ethical concerns—such as bias, transparency, privacy, and fairness—that ERISA fiduciaries must actively manage under their duties of prudence and loyalty, SBMA’s Alden Bianchi states.

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 Clara Pham, who leads the Canada national tax office for RSM.

Pillsbury’s Joshua Becker and Gideon Strategic Partners’ Robert Amoruso say the future of private placement life insurance will depend on advisers ensuring their clients comply with evolving legal standards while navigating growing regulatory attention.

California’s titans are gearing up for what’s sure to be an outrageously expensive clash over a proposed wealth tax on residents worth more than $1.1 billion.