The Australian Official Gazette June 11 published Act No. 169, Compilation No. 61, on the updated consolidated text of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006, current as of ...

The German lower house of parliament (Bundestag) June 9 accepted for consideration Bill No. 21/6333, to permanently reduce the VAT rate on supplies of gas and heat. The bill includes ...

The French Administrative Court of Appeal of Versailles June 4 issued Decision No. 24VE01416, clarifying the deductibility of expenses and input VAT on shareholder-owned property works. The taxpayer, a company ...

The Moroccan Chamber of Representatives June 8 passed Bill No. 12.25, to ratify the air services agreement with Cote d’Ivoire, signed Jan. 17, 2025. [Morocco, Chambre des representants, 06/08/26]

The Brazilian Official Gazette June 10 published Decree Nos. 13,005 and 13,006, promulgating the second protocols to the: 1) 2018 DTA With Singapore, signed April 17, 2023, which entered into ...

The Philippine Court of Tax Appeals June 9 issued a decision in CTA Case No. 10731, clarifying unutilized input VAT refunds on zero-rated sales. The taxpayer, a VAT-registered power generation ...

A bill reflecting Alaska Gov. Mike Dunleavy’s (R) alternative tax strategy for a proposed liquefied natural gas megaproject won wide approval in the state House Friday despite concerns it would deprive local governments of revenue.

The Rhode Island Governor signed a law that includes a surtax on personal annual income over $1 million, beginning on and after Jan. 1, 2027. The law takes effect on ...

The Louisiana Governor signed a law concerning the Medicaid program and the Supplemental Nutrition Assistance Program (SNAP). The law includes: 1) authorizing the legislative auditor to access individual-level state income ...

The Vermont Governor signed a law that includes: 1) authorizing businesses to round the final amount for cash transactions to the nearest nickel, but providing that all taxes and fees ...

Massachusetts Gov. Maura Healey (D) signed a budget bill Friday that ties five business deductions to maintaining the state’s 5% personal income tax rate, putting fresh pressure on a proposed ballot measure that could lower the rate to 4%.

The Philadelphia Department of Revenue (DOR) announced that beginning Jan. 1, 2027, the Use and Occupancy (U&O) Tax for properties with cell towers will be calculated based solely on the ...

The Dutch Official Gazette June 10 published the memorandum of understanding (MoU), signed May 28, establishing the rules and requirements regarding mutual agreement procedures (MAPs) under the 1976 DTA with ...

The US Treasury is keeping a close eye on forthcoming guidance from the OECD that’s meant to ensure the global minimum tax framework maintains its integrity, a top department official said Friday.

States are reconsidering tax incentives that fueled the data center boom, as rising energy costs, budget pressures, and public pushback grow. With many projects stalling, the shift is reshaping competition for AI infrastructure.

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 Jeff Soar, the CEO and founding partner of WTS UK, a private equity-backed tax advisory firm, and EY’s former UK and Ireland tax and law managing partner.

Palm oil buyers are continuing to lock in Indonesian supplies for the coming months, betting that an official transition period will keep trade flows going as they seek clarity over the country’s new one-gate export policy.

Matthew Sperry joined Pillsbury as a partner in its private client and family office practice, the firm announced June 10. He will work out of the Miami, London and New York offices.

Sam Grimes joined Burr & Forman as a partner in its corporate & tax group in Birmingham, Ala., the firm announced Thursday.

Self-compassion and freedom from the inner critic aren’t wellness concepts; they are risk-management and bottom-line concepts for firms. Lawyers who can process failure cleanly aren’t just healthier—they’re also better lawyers, writes Chicago Loyola’s Elizabeth Pyjov.

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 Jeff Soar, the CEO and founding partner of WTS UK, a private equity-backed tax advisory firm, and EY’s former UK and Ireland tax and law managing partner.

The PCAOB’s latest proposal represents a practical effort to strengthen audit quality while reducing implementation challenges that could further discourage participation in the public company audit market, PICPA’s Allison Henry writes.

Major sporting events such as the NBA Finals create excitement for fans, and part of the excitement over who will win often comes with a large side of sports betting. Tax pros who assist both recreational and professional gamblers should look out for potential “gotchas” and advise clients who may not otherwise realize the tax consequences until it’s too late, writes the AICPA’s April Walker.