China Politburo Prioritizes Boosting Domestic Demand in 2026
China’s top leaders made strengthening domestic demand their top economic priority for 2026, as Beijing seeks a buffer against risks from global trade.
The IRS said Thursday it will issue proposed regulations detailing the breadth of an exclusion created by Republicans’ $3.4 trillion tax-and-spending law for a deduction companies can take on foreign-earned income.
The IRS released guidance Thursday on when a foreign tax credit limit included in Republicans’ $3.4 trillion tax-and-spending law is applicable to previously taxed foreign-earned income.
The Treasury Department and the IRS intend to issue proposed regulations regarding the transition rule for treatment of certain dividends received by taxpayers from their foreign subsidiaries.
A majority of people in Asia support tax incentives to attract multinational companies and view global tax cooperation as important, according to a newly published survey by the OECD.
Twenty-five jurisdictions Thursday agreed to an OECD-led framework for the automatic exchange of real estate information between tax authorities by the end of the decade.
China’s top leaders made strengthening domestic demand their top economic priority for 2026, as Beijing seeks a buffer against risks from global trade.
This week, experts analyzed KPMG AI usage in performance reviews, Netflix’s transfer pricing court victory in India, and more.
India’s tax department must provide greater clarity on when a global company operating in the country can be called a permanent establishment and how its profits would be calculated, a former senior India tax department official said Saturday.
The OECD plans to soon focus on global mobility and helping tax systems adjust to remote working, Manal Corwin, director of the organization’s Center for Tax Policy and Administration, said Saturday.
Ireland’s Department of Revenue and Finance launched a consultation Friday seeking input by Jan. 30 on proposed modernization of its withholding tax regime.
The IRS asked the US Tax Court to compel Google and Yahoo to release emails that may aid in the agency’s pursuit of tax penalties against a man it suspects of failing to report his interests in a foreign corporation.
Plans by the IRS to revoke regulations on reporting of partnership-related basis-adjustment transactions are now under White House regulatory review.
Nigeria will review a capital gains tax set to come into effect at the start of January, after stakeholders including the nation’s stock exchange called for a moratorium because of concern it will deter foreign investors.
The Polish parliament approved Thursday a bill that broadens tax advisers’ legal authority and enhances professional standards.
The Israeli cabinet approved a 2026 budget aimed at maintaining high defense spending resulting from two years of conflict, while seeking to boost the strained economy via concessions to middle-class workers.
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.
The rapid advancement of artificial intelligence technology is stirring up “enormous” anxiety among investors, as firms struggle to judge which tech companies are worth the risk, according to
Traders bet more than $59 million on whether
FTX Trading Ltd.'s bankruptcy trust recovering funds to pay back creditors dropped its suit against an African fintech company and several subsidiaries and executives.
The Swedish Tax Court Nov. 21 issued Advance Notice No. 19-25/D, clarifying the taxation of dividends regarding two corporate restructuring alternatives for transferring profits between companies. The taxpayer, an individual, ...
The Philippine News Agency Dec. 3 announced the President’s Nov. 28 signing of Executive Order No. 106, reducing real property taxes (RPT) for specified independent power producers (IPPs) for calendar ...
The Norwegian Official Gazette Dec. 3 published Regulation No. FOR-2025-12-01-2404, setting asset valuations and work-related deductions for the 2025 tax assessment. The regulation includes measures setting: 1) the asset value ...
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