US multinational companies are telling Congress members and the Trump administration that negotiations at the OECD to rewrite major parts of the global minimum tax framework are going too slow.
Slovak lawmakers approved a €2.7 billion ($3.2 billion) package of higher taxes and spending cuts aimed at reducing one of the European Union’s highest budget deficits.
The European Commission provided guidance for countries Wednesday on implementing an overhaul of the way value-added taxes are applied across the bloc.
Slovakia aims to introduce mandatory electronic invoicing for domestic business-to-business transactions subject to value-added tax from Jan. 1 2027, under a legislative proposal approved Wednesday by the government.
The European Parliament’s economic affairs committee on Wednesday adopted an amended version of a bill meant to consolidate the tax base of all EU companies.
Government decisions to impose digital services taxes on tech companies have been prompted in part by a lack of progress in global negotiations at the OECD, practitioners, academics and tax authority officials said Thursday.
The UK’s corporate tax receipts continued their upward climb last year, albeit at a slower rate than in recent years, according to data published Thursday.
A bipartisan group of former Treasury secretaries, Federal Reserve chairs and other experts urged the US Supreme Court not to let President
South African consumer confidence fell in the third quarter as middle-income household finances came under strain amid higher personal income taxes and the fading impact of early pension fund withdrawals.
Finland is moving to increase taxation of soft drinks and mined minerals under proposals approved Thursday by the government and submitted for parliamentary approval.
Canada’s federal fiscal picture is set to worsen as deficits and debt rise as a percentage of the economy, according to the latest forecasts from the country’s budgetary watchdog.
The Portuguese government will raise the tax on house purchases carried out by non-residents as part of a series of measures aimed at increasing the supply of affordable homes in the southern European country.
Argentina’s currency market is being flooded with dollars from grain purchases, prompting calls for the government to start rebuilding its stock of hard-currency reserves after selling more than $1 billion last week.
Taxpayers will enjoy enhanced protection against lengthy and inconclusive tax audits under legislative amendments approved Wednesday by the upper house of the Polish parliament.
In 2021, 137 countries agreed on a global minimum corporate tax rate of 15% for big global companies. This video explains why countries felt such a tax was needed and how it will work.
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Brazilian waste-management company
The Czech Republic Ministry of Finance Sept. 23 announced the same date signing of a DTA with Kenya. [Czech Republic, Ministry of Finance, 09/23/25]
The New Zealand Parliament Sept. 23 announced royal assent for Public Act No. 50/2025, on Income Tax (FamilyBoost) Amendment Act 2025. The law includes measures: 1) increasing, to 40 percent ...
The Croatian Parliament (Sabor) Sept. 23 accepted for consideration Bill No. PZ 194, to amend the Income Tax Act. The bill includes measures to: 1) add pension income based on ...
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