Friday, Apr 4​

• Global: Digital Service Tax, dual strategy against the US pressure (Raffaele Russo) More

• Global: International tax news – March 2025 (PwC) More

• Global: Worldwide VAT, GST and Sales Tax Guide 2025 (EY) More

• Brazil: Brazil close to enacting bill of law allowing for retaliatory taxation (EY) More 

• Cyprus: Circular on VAT exemption option for rental property owners published (Deloitte) More

• EU: AG opines German higher gift tax on non-resident family foundations aligns with EU law (Deloitte) More

• EU & US: US to impose reciprocal tariffs on goods originating from the EU (EY) More

• France: Interest paid to shareholders: First 2025 quarterly interest rate limit established (Deloitte) More 

• ​Ghana: Tax measures in 2025 budget (KPMG) More

• UK: Consultation on new advance tax clearance service for large innovative investment projects following Spring Statement (KPMG) More 

• UK: Consultation on proposed improvements to advance tax clearance process for R&D claims following Spring Statement (KPMG) More 

• UK: Costs for preliminary windfarm studies qualified as capital expenditures (Court of Appeal decision) (KPMG) More

• UK: Lists of jurisdictions with qualifying income inclusion rules and domestic top-up taxes under Pillar Two rules (KPMG) More  

• UK: Tax news (podcast, 27:36) (Slaughter and May) More 

• US: Tariff tremors: Navigating Trump’s trade shake-up (video, 6:29) (PwC) More 

• US: US imposes reciprocal tariffs against trading partners and ends duty-free treatment for low-value shipments from China (EY) More

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Thursday, Apr 3

• Global: Beyond the bank: The impact of GIR on non-financial businesses (Deloitte) More

• Global: Central record of Pillar Two legislation with transitional qualified status updated (Deloitte) More

• Global: Contractual recourse: a key concept in transfer pricing analysis (Paul Sutton on LinkedIn) More

• Australia: “Rollover” relief applied to “top hatting” reorganisation (Full Federal Court decision) (KPMG) More

• Brazil: Brazil tax update: full inclusion to full immersion (podcast, 50 mins) (PwC) More

• Brazil: Brazilian Senate approves bill of law allowing for retaliatory taxation (EY) More

• Luxembourg: Luxembourg accounting board issues new Pillar Two Q&A (Loyens & Loeff) More

• Slovakia: Input VAT deduction limited to 50% on purchase of motor vehicles and motorcycles (KPMG) More

• ​Spain: Amendments to real estate transfer tax and stamp duty (Catalonia) (KPMG) More 

• Spain: Regulations under Pillar Two global minimum tax law (KPMG) More

• Sri Lanka: Guidance on advance income tax procedures (KPMG) More

• UK: Multinational Top-up Tax (Pillar 2 territories, qualifying domestic top-up taxes and accredited qualifying domestic top-up taxes) Regulations – 2025 (policy paper) (Government) More

• UK: Multinational Top-up Tax (Pillar 2 territories, qualifying domestic top-up taxes and accredited qualifying domestic top-up taxes) Regulations 2025 (regulations) (Government) More

• US: Highlighting pharma (EideBailly) More

• US: Highlights of 2024 Advance Pricing Agreement annual report (Deloitte) More 

• US: Senate Budget Committee releases 2025 budget resolution (KPMG) More   

• US: White House announces 10% tariff on all countries, effective April 5, 2025 (KPMG) More

• US: White House announces end of duty-free de minimis treatment for low-value Chinese imports (KPMG) More​

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Wednesday, Apr 2

• Global: Central record of legislation with transitional qualified status (for purposes of GloBE rules) (March 31 update) (OECD) More

• Global: Overview of topics and workstreams discussed at recent meeting of UN Tax Committee (KPMG) More 

• Global: Who’s paying what, and where? Insights about the global shift toward tax transparency (Luis Wolf Trzcina) More

• Australia: Guidance on debt deduction creation rules (KPMG) More 

• Bulgaria: Amendments to Pillar Two law enacted (KPMG) More 

• Canada: Elimination of federal fuel charge effective April 1, 2025 (KPMG) More

• Canada: MEGlobal case – transfer pricing – request for downward TP adjustment (Tax Court) (TPcases) More

• EU: Commissioner outlines EC priorities at 2025 EU Tax Symposium (KPMG) More

• EU: E-News from KPMG’s EU Tax Centre (KPMG) More

• EU: Tax aspects of European Commission communication on savings and investments union (KPMG) More 

• ​Finland: Guidance on Pillar Two global minimum tax (KPMG) More  

• Germany: Final guidance on interest deduction limitation rules (KPMG) More 

• Guatemala: New procedure for requesting VAT credit refunds from central bank (Deloitte) More 

• Italy: Imposition of IRAP on dividends may be inconsistent with PSD depending on nature of tax (CJEU Advocate General opinion) (KPMG) More 

• Italy: Supreme Court rules on “look-through approach” for certain medium and long-term loans (Deloitte) More

• Namibia: Tax proposals in 2025/2026 budget (KPMG) More

• Netherlands: Capital loss upon liquidation of subsidiary allowed (Supreme Court decision) (KPMG) More

• New Zealand: Consultation open on potential changes to fringe benefit tax (Deloitte) More 

• Qatar: Introduction of Pillar Two global minimum tax rules (KPMG) More

• Switzerland: Key topics in cost-based transfer pricing models (Deloitte) More 

• UK: 2025 Finance Act enacted, includes changes to UK Pillar Two rules (KPMG) More 

• US: Trump announces tariffs on auto imports, countries purchasing Venezuelan oil and gas (Deloitte) More 

 

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Tuesday, Apr 1

• Bulgaria: Bulgaria officially introduces SAF-T with submissions beginning in 2026 (EY) More

• Canada and China: Canada-China trade relations – March 2025 key developments (EY) More

• EU: EU tax directives #4: proposed simplification of the EU Corporate Sustainability Reporting Directive (Loyens & Loeff) More

• Finland: Public consultation on 2 proposed tax reforms (in Finnish) (Government) More

• Germany: Constitutional court confirms solidarity surcharge still in line with constitution (Deloitte) More

• Germany: Liability for incorrect tax statements (Federal Tax Court decision); other VAT developments (KPMG) More

• Germany: Tax authorities update guidance on application of anti-treaty shopping rules (Deloitte) More

• Japan: 2025 tax reform bills, including Pillar Two rules, passed by Parliament (KPMG) More

• Taiwan: Timing of recognition of investment losses incurred by enterprises from bankruptcies of invested businesses (Tax authorities) More

• US: Exploring tax credit transferability (Deloitte) More

 

 

Saturday, Mar 29

• Global: Pillar Two: Flow-through entities (part 1): Tax transparent entities (Loyens & Loeff) More

• Global: Trade talking points (EY) More

• Germany: Transfer pricing documentation requirements for extraordinary business transactions in 2025 (KPMG) More

• Greece: Dairy Distributor case – transfer pricing (royalty and licence payments) (in Greek) (TPcases) More

• Mexico: Guidelines related to “Mexico Plan” national strategy (Deloitte) More

• South Africa: Implications of potential VAT rate increase (KPMG) More

• UK: How the taxation of carried interest in the UK is changing (EY) More

• US: APA report for 2024 shows consistent number of APAs executed in less time (EY) More

• US: GOP leaders eye vote on compromise budget plan that would punt hard choices on tax, spending cuts (Deloitte) More

• US: Report on recent US international tax developments (EY) More

• US: Senate approves no. 2 post at Treasury, clears digital asset disapproval resolution (Deloitte) More

• US: State tax matters (Deloitte) More

• US: Ways and Means Republicans reintroduce OECD Pillar Two reciprocity bill (KPMG) More

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Friday, Mar 28

• Global: Is the digital services tax a tariff? (Michael Devereux) More

• Global: The latest on BEPS and beyond – 2024 and beyond in review (EY) More

• Australia: Australia’s 2025-26 Budget (EY) More

• Canada: Overview of latest tax changes (KPMG) More

• EU: Belgium’s group contribution regime – CJEU ruling (Baker McKenzie) More

• Finland: Central bank in third country exempt from income tax (Supreme Administrative Court decision) (KPMG) More

• Indonesia: VAT and LST facilities for certain electric vehicles, residential properties extended (Deloitte) More

• Israel: ITA proposals on attribution of income to R&D centers improve tax certainty for MNEs (Deloitte) More

• Qatar: Qatar amends provisions of Income Tax Law No. (24) of 2018 to introduce DMTT and IIR (EY) More

• Slovakia: FAQs on financial transaction tax (KPMG) More

• Spain: New draft regulation updates requirements for upcoming mandatory e-invoicing for B2B transactions (EY) More

• Switzerland: Federal Supreme Court rules fluctuation reserves not tax effective (Deloitte) More

• Taiwan: Using Taiwan’s location, industrial strengths to establish just-in-time supply chains (Deloitte) More

• Turkey: Turkey announces decision not to implement Amount B under Pillar One (EY) More

• US: Announcement 2025-13: US APMA program, APA statistics for 2024 (KPMG) More

• US: Final rules would limit taxpayer access to Appeals (Baker McKenzie) More

• US: President Trump announces 25% additional tariff on imported automobiles and automobile parts (EY) More

• US: Senate passes joint resolution overturning digital asset information reporting regulations (KPMG) More

• US: White House announces 25% tariffs on automobile imports (KPMG) More

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Thursday, Mar 27

• Australia: Hydrogen, critical minerals production tax incentives to commence April 1, 2025 (KPMG) More

• Chile: Clarification regarding responsibility for payment of withheld taxes; other direct and indirect tax developments (KPMG) More

• Colombia: “Works for Taxes” mechanism implemented for Bogotá (KPMG) More

• Cyprus: Notional interest deduction “reference rates” for 2025 (KPMG) More

• EU: EU State Aid and the tax allocation of multinationals’ profits (Hugo López and Aitor Navarro) More

• Germany: Real estate transfer tax group exemption rule inapplicable to transfer of foreign shares (Federal Tax Court decision); other tax developments (KPMG) More

• Greece: Actions published for renewable energy and hydrogen Just Transition investment plans (Deloitte) More

• India: Revisions to direct tax amendments proposed by Union Budget 2025 (KPMG) More

• Philippines: Government issues implementing rules and regulations for CREATE MORE Act (Baker McKenzie) More

• Poland: Retroactive changes to depreciation rates; real estate tax exemption; depreciation for real estate companies; employee reimbursements (KPMG) More

• Saudi Arabia: E-invoicing mandatory for taxpayers with revenue above SAR 1 million (KPMG) More

• Saudi Arabia: Saudi Arabia announces 22nd wave of Phase 2 e-invoicing integration (EY) More

• UK: Key tax highlights of Spring Statement 2025 (Deloitte) More

• UK: Spring Statement 2025: No fiscal event, but some developments of interest (Slaughter and May) More

• UK: UK Spring Statement defers major tax announcements to Budget in Autumn 2025 (EY) More

• US: FinCEN issues Interim Final CTA Regulations limiting BOI reporting rule to foreign companies (Baker McKenzie) More

• US: Former USTR Lighthizer tackles trade (video podcast, 5:17) (PwC) More

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Wednesday, Mar 26

• Global: Fraudulent AI as an agent PE (Lucas de Lima Carvalho) More

• Global: New Article 12AA on taxation of services presented for approval (Regfollower) More

• Australia: 2025 federal budget (KPMG) More

• Australia: Federal Budget 2025-26: Tax developments for business (Deloitte) More

• EU: A new era for VAT in the Digital Age (Baker McKenzie) More

• EU: EU postpones response to US tariffs until mid-April 2025 (Regfollower) More

• Iceland: New reporting obligations for digital platform operators effective January 1, 2025 (KPMG) More

• Iceland: Transfer pricing adjustment and penalty upheld (Reykjavik District Court decision) (KPMG) More

• Malaysia: E-invoice guideline (version 4.3) (Tax authorities) More

• Poland: Fertilizer case – transfer pricing: sale and licence back of trademarks (in Polish) (TPcases) More

• Sri Lanka: Legislation introducing various income tax changes enacted (KPMG) More

• Tunisia: Guidance on application of 3% withholding tax on online and audiovisual sales (in Arabic) (Tax authorities) More

• UK: Court allows appeal on capital allowances relating to technical study expenditure (Deloitte) More

• US: Accounting for indemnification arrangements associated with transferable credits (KPMG) More

• US: White House announces Secretary of State may impose 25% tariff on goods from any country importing Venezuelan oil (KPMG) More

• Vietnam: Vietnam transfer pricing update (DFDL) More

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Tuesday, Mar 25

• Global: The original sin: Cost sharing in the United States (Elizabeth J. Stevens & H. David Rosenbloom) More

• Austria: Transfer pricing guidelines 2021 – Maintenance decree 2025 (in German) (Government) More

• Belgium: Federal government agreement: Employment tax reforms (Deloitte) More

• Belgium: Non-established entities excluded from B2B e-invoicing mandate (Deloitte) More

• Canada: Canada scraps proposed capital gains tax inclusion rate hike (Regfollower) More

• Canada: “Equity has no place here”: Should equitable remedies be available to reverse failed tax planning? (Adam S. Hofri-Winogradow) More

• EU: EU postpones countermeasures to US tariffs to mid-April 2025 (EY) More

• France: Abuse of law through artificial interposition of companies and reclassification of dividends as salaries (French Tax Supreme Court) (Baker McKenzie) More

• India: Lowy: the first PPT-case (Melanie Massant) More

• Jamaica: Jamaica proposes accelerated capital allowances for certain expenditures and reduced dividend withholding tax rates (EY) More

• Moldova: Transfer pricing guidelines (in Romanian) (Government) More

• Sweden: Guidance on application of MFN clause in South Africa / Sweden double tax treaty (in Swedish) (Tax authorities) More

• US: Overview of final “tech-neutral” credit regulations (Deloitte) More

• US: The future of US responses to discriminatory taxes (video podcast, 7:42) (PwC) More

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Monday, Mar 24

• Armenia: Peer review report on tax transparency and exchange of information on request (OECD) More

• Australia: Government’s announcement on managed investment trust (MIT) withholding (Government) More

• Bahrain: Updated version of domestic minimum top-up tax registration manual (Tax authorities) More

• British Virgin Islands: Peer review report on tax transparency and exchange of information on request (OECD) More

• Burkina Faso: Peer review report on tax transparency and exchange of information on request (OECD) More

• Côte d'Ivoire: Peer review report on tax transparency and exchange of information on request (OECD) More

• Denmark: Bill on extension of scope of interest withholding tax (in Danish) More

• Djibouti: Peer review report on tax transparency and exchange of information on request (OECD) More

• Estonia: Announcement on 2% corporate income tax to be abolished (in Estonian) (Government) More

• EU: Draft State aid framework accompanying Clean Industrial Deal (CISAF) (European Commission) More

• EU: ECOFIN’s agreement on decluttering and simplification agenda (European Commission) More

• Finland: GloBE rules: detailed explanation of types of taxes taken into account in calculating the effective tax rate (in Finnish) (Tax authorities) More

• Finland: GloBE rules: guidance on general principles and goals of GloBE rules (in Finnish) (Tax authorities) More

• France: Rubis Energie case (interaction between France’s CFC rules and France / Mauritius treaty) (in French) (Supreme Administrative Court) More

• Germany: GloBE rules: Federation of German Industries (BDI, its German acronym) position paper arguing for temporary suspension of EU GloBE Directive (in German) (BDI) More

• India: Principal purposes test (PPT) provisions in treaties (Tax authorities) More

• Libya: Amendment law abolishing statute of limitations on tax audits and collections (in Arabic) (Government) More

• Liechtenstein: GloBE rules: public consultation document on automatic exchange of GloBE Information Returns (in German) (Government) More

• Malta: MAP guidance (Tax authorities) More

• Norway: Tax commission announcement (in Norwegian) (Government) More

• Poland: Legal professional privilege announcement (in Polish) (Government) More

• South Africa: VAT on inbound digital services new regulations (Government) More

• Switzerland: GloBE rules: guidance on PEs (in German) (Tax authorities) More

• Switzerland: Lucerne government announcement on consultation on proposal to introduce qualified refundable R&D tax credit (in German) (Government) More

• Tunisia: Guidance on 2% temporary exceptional contribution (in Arabic) (Tax authorities) More

• Turkey: Statement describing position on Amount B (in Turkish) (Government) More

• UAE: Updated guidance on public and private rulings (Tax authorities) More

• US: Redacted private letter ruling on “foreign derived” service income for FDII purposes (Tax authorities) More​​​​​​​​​​​​​​