Overseas Crypto Sales Deduction Imperiled by GOP Tax Law Change

A small change made by the $3.4 trillion Republican tax-and-spending law is putting a lucrative tax deduction at risk for certain kinds of digital assets sold overseas, and tax professionals are looking to the IRS for answers.

Three Must-Watch Litigation Issues for Tax Professionals in 2026

A deluge of legal challenges to Trump administration actions in 2025 are likely to generate rulings next year that will reshape many areas of federal tax law and could alter how the IRS conducts business.

Colgate to Fight Nearly $30 million in India Tax Adjustments

Colgate-Palmolive’s India unit will appeal a $29.8 million tax adjustment from the Indian tax authorities—the latest in a string of tax disputes for the company in recent years.

China Extends Home Purchase Tax Cut to Bolster Property Market

China will extend a policy scrapping value-added tax on certain home sales in a move aimed at easing the country’s persistent property slump.

Income Tax, AI Disclosures on Tap for Annual Corporate Reports

Publicly traded companies are headed into an annual reporting season that will see them add new disclosures to their financial reports on tariff-related risks and income tax payments made to jurisdictions around the world.

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Belarus President Signs Law Amending Various Taxes

The Belarusian President’s Office Dec. 29 announced the signing of a law amending various taxes. The law includes measures: 1) maintaining the basic 13 percent tax rate for most workers, ...

Sweden Tax Agency Clarifies VAT Rules on Short-Term Leasing of Sports Premises, Facilities

The Swedish Tax Agency Dec. 16 issued Position Statement No. 8-407215-2025, clarifying when the leasing of premises and facilities constitutes a taxable sports service rather than a VAT-exempt real estate ...

Sweden Tax Agency Clarifies SINK Taxation, Deduction Rules for Business Trips Regarding Foreign Branch Employees

The Swedish Tax Agency Dec. 18 issued Position Statement No. 8-409943-2025, clarifying taxation under the special income tax for nonresidents (SINK) and tax deduction rules for the nonresident employees of ...

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