The Austrian Federal Chancellery May 27 approved Bill No. 54/5, authorizing the signature of the DTA and protocol with Andorra. [Austria, Federal Chancellery, 05/27/26]

The Dominican President’s Office May 27 announced the signing of an air services agreement with Trinidad and Tobago. [Dominican Republic, Office of the President, 05/27/26]

The Canadian Revenue Quebec May 27 announced that specific food items and hygiene products would be zero-rated for Quebec sales tax (QST) purposes, effective July 15. The announcement includes: 1) ...

The Albanian Official Gazette May 21 published Law No. 45, ratifying the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject to Tax Rule (STTR MLI), signed Sept. ...

The Australian Taxation Office May 27 opened a consultation on Draft Legislative Instrument No. LI 2026/D12 and an accompanying draft explanatory statement, on the work-related car expense deduction rate under ...

The Moldovan State News Agency (MOLDPRESS) May 27 announced, in English, the government’s approval to ratify the social security agreements (SSAs) with: 1) Canada, signed March 13; and 2) Ukraine, ...

The Tennessee Governor signed a law that includes: 1) authorizing an industrial development corporation (IDC), unless a municipality adopts an ordinance or resolution requiring that any payments in lieu of ...

A federal judge in Virginia temporarily barred the Trump administration from taking steps to operate the $1.8 billion “anti-weaponization fund” while she weighs a longer-term block amid a growing number of legal challenges.

A federal district court dismissed two New Jersey women’s claim that a congressionally imposed limit on the federal deduction for state and local taxes is unconstitutional—the latest legal defeat for opponents of the cap.

The Ohio legislature didn’t open a path for school boards to challenge valuations of property they don’t own in court when it removed their right to bring such challenges before the Ohio Board of Tax Appeals, the state high court ruled Friday.

A challenge to New York’s taxation of remote workers heads to court on June 1, in a case tax attorneys say will have to get to the US Supreme Court before there’s any real change.

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 Michelle Abel, a principal and firm leader of credits and incentives in Baker Tilly’s specialty tax practice.

Ten EU countries are aiming to sign an agreement by the end of the year to create a cross-border tax dispute resolution commission that would improve the speed and efficiency of mutual agreement procedures.

The Treasury Department and the IRS moved Friday to address concerns that sovereign-wealth funds and other foreign-government investors in the US could be penalized by new regulations on when their US investment income is exempt from US taxation.

US multinationals are facing a dilemma over their transfer pricing and President Donald Trump’s tariffs, and so far, many companies are responding to it by standing pat.

The head of KPMG Australia is leaving the firm over mismanagement of an investigation into whistleblower claims, the Big Four consulting and accounting giant said Friday.

A Supreme Court-ordered tariff refund means multinationals should monitor the profitability of certain US distributors and make necessary adjustments to their transfer prices, Covington’s Lauren Ann Ross and Ryan’s Brian Vincent say.

Buchalter’s Zachary Wertheimer examines why third-party loans directly to employee stock ownership plans to finance repurchase liability can trigger significant ERISA risk, and presents practical considerations and important precautions for ESOP fiduciaries.

A Supreme Court-ordered tariff refund means multinationals should monitor the profitability of certain US distributors and make necessary adjustments to their transfer prices, Covington’s Lauren Ann Ross and Ryan’s Brian Vincent say.

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 Michelle Abel, a principal and firm leader of credits and incentives in Baker Tilly’s specialty tax practice.

Satvi Vepa joined Alston & Bird as a partner in its federal and international tax group in London, the firm announced Thursday.

India’s new rules on the taxation of exits from investments provide some reassurance and certainty to foreign investors and private equity funds, but don’t address every concern.

Investors should carefully assess their partnership’s litigation prospects in deciding whether to accept the IRS’s newest settlement offer for syndicated conservation easement transactions, Wiggam Law’s John Kirbo says.