Transfer Pricing a Top UN Concern but Nations Split Over Fixes

Countries at the United Nations are looking at sweeping changes to transfer pricing rules as they design a tax treaty acceptable to developing economies. But easing access to transfer pricing information could emerge as a more realistic outcome.

EU Releases Default Emission Figures for Carbon Levy on Imports

The European Commission released baseline figures Wednesday for calculating an imported good’s carbon border levy in cases where specific information on greenhouse gas emissions isn’t available.

Singapore to Start Global Minimum Tax Registration in May

Singapore will begin registering companies to pay the global minimum tax in May, the country’s tax authority said Wednesday.

Turkey Keeps Some Tax Hikes Modest to Support Disinflation Drive

Turkey raised fixed excise taxes on fuel, tobacco and alcoholic beverages, setting increases below producer inflation as policymakers seek to support the central bank’s efforts to slow price growth.

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.

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Germany Gazettes Tax Amendment Act 2025

The German Official Gazette Dec. 23 published the Tax Amendment Act 2025, amending various tax laws. The law includes measures: 1) requiring that the conditions for special depreciation allowances under ...

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 ...

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Bridgewater, D.E. Shaw Among Top Hedge Fund Gainers of 2025 (1)

Bridgewater Associates’ flagship money pool posted record gains, while D.E. Shaw & Co.’s strategies soared as much as 28% to rank among the biggest hedge fund winners of 2025 when tariff-fueled market uncertainty presented a fertile hunting ground for traders.

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