EU Court Builds Body of Law on Transfer Pricing Adjustments, VAT

A European Court of Justice adviser’s opinion involving the automaker Stellantis adds to a growing body of legal guidance on how value-added tax applies to pricing adjustments between related companies.

Korea Rules Out Tax Break Extension on Owners of Multiple Homes

South Korean government is not considering extending an exemption of heavier capital gains tax for owners of multiple homes, President Lee Jae Myung says on his X account.

UN Tax Committee Issues Options Paper on Cross-Border Taxation

United Nations negotiators working on new global tax rules issued a draft paper suggesting options for how and when countries can tax cross-border services that result from remote work and digitalization.

Australian Tax Office Clarifies Tax Debt Interest Charge Policy

The Australian Taxation Office issued a guide to how it remits interest charges on tax debts amid claims it has acted inconsistently and unfairly.

UK Court Grants Trust’s £3 Million Land Tax Overpayment Claim

A real estate trust can claim relief for overpaying stamp duty land tax on its purchase of property, according to a UK court.

Tax Developments

View More

Uruguay Tax Agency Issues Resolution on Penalties Regarding Late, Missing Audit Reports for Large Taxpayers

The Uruguayan General Directorate of Taxation Jan. 15 issued Resolution No. 98/026, on penalties regarding the late submission or non-submission of audit reports by taxpayers included in the Large Taxpayers ...

Uruguay Tax Agency Posts Resolution on Penalties for Failure to File Returns Within Established Deadlines

The Uruguayan General Directorate of Taxation Jan. 15 issued Resolution No. 97/026, on penalties for the failure to file returns within the established deadlines. The resolution includes measures to impose: ...

Netherlands Supreme Court Issues Judgment on Corporate Income Tax Interest Provision

The Dutch Supreme Court (Hoge Raad der Nederlanden) Jan. 16 issued a decision in Case No. 24/04619, on corporate income tax interest. The taxpayer, a resident company, challenged the 8 ...

Latest Stories

FROM ACROSS BLOOMBERG TAX

CryptoDaily Tax Report ®Daily Tax Report StateFinancial Accounting
  • Crypto
  • Daily Tax Report ®
  • Daily Tax Report State
  • Financial Accounting

Crypto Social Platform To Repay $180 Million to Venture Backers

The software firm behind a crypto-oriented social-media platform plans to repay venture capitalists the $180 million they had invested in the project, underscoring a period of consolidation for one of the more ambitious corners of the blockchain market.

EXPLORE BLOOMBERG TAX

Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: