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.

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Cuba Gazettes Resolution Establishing Corporate Income Tax Exemption for Foreign Exchange Market Income

The Cuban Official Gazette Jan. 20 published Resolution No. 374/2025, providing a corporate income tax exemption for income generated from the foreign exchange market. The resolution includes measures: 1) exempting ...

Canada Tax Agency Posts 2026 Individual Income Tax Rates, Thresholds

The Canadian Revenue Agency Jan. 20 posted online the 2026 federal, provincial, and territorial individual income tax rates and thresholds, with the federal rates and thresholds being adjusted by an ...

Serbia Tax Agency Announces Filing, Payment Deadline for Q4 2025 Freelancing Income

The Serbian Tax Administration Jan. 20 announced the Jan. 30 deadline for individuals subject to self-taxation to file Form PP OPO-K tax returns for Q4 2025 freelancing income derived from ...

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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.

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