US Carve-Out From Global Tax Deal Creates Accounting Headaches

A US exemption from parts of the revised OECD global minimum tax agreement creates fresh uncertainty for multinationals preparing to file 2026 earnings reports.

EU Value-Added Tax Fraud Bill Will Fail to Meet March Deadline

EU envoys won’t reach a deal on a bill in March to share value-added tax information with the bloc’s anti-fraud agencies, amid lingering concerns over data protection and the authority of the agencies.

Croatia Proposes Extension of Reduced VAT on Energy Products

Croatia’s Ministry of Finance presented a proposal Monday to extend the reduced value-added tax on energy products until March 31, 2027.

Hungary Expands Minimum Tax Reporting for Domestic Entities

Hungary’s tax authority issued new reporting obligations for domestic group entities subject to global minimum tax rules.

Angola Sees Oil Revenue Surpassed by Non-Oil Tax Take This Year

Angola expects revenue from non-oil sources to exceed oil receipts in 2026 for the first time as the government broadens its tax base, said Finance Minister Vera Daves de Sousa.

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Slovenia Gazettes Regulation Ratifying GIR MCAA

The Slovenian Official Gazette Feb. 20 published Regulation No. 15, ratifying the Multilateral Competent Authority Agreement on the Exchange of Global Anti-Base Erosion (GloBE) Information Returns (GIR MCAA), signed by ...

Slovenia Gazettes Regulation Ratifying MCAA-CARF

The Slovenian Official Gazette Feb. 20 published Regulation No. 13, ratifying the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Information (AEOI) under the Crypto-Asset Reporting Framework (CARF), ...

Slovenia Gazettes Regulation Ratifying Addendum to MCAA-CRS

The Slovenian Official Gazette Feb. 20 published Regulation No. 14, ratifying the addendum to the Multilateral Competent Authority Agreement (MCAA) on the Automatic Exchange of Financial Account Information (AEOI) under ...

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Importers Launch Tariff Refund Process After Supreme Court Win

A group of small businesses that successfully challenged President Donald Trump’s global tariffs before the US Supreme Court have asked lower courts to reopen the legal proceedings so that they can begin the process of seeking refunds from the government.

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Senator Opens Binance Probe Into Alleged Iran, Russia Violations

A senior US senator opened an inquiry into crypto exchange Binance Holdings Ltd. following news reports of its involvement in funneling nearly $2 billion to Iranian government groups designated as terrorist organizations and helping to evade US sanctions on Russian oil.

Matt Levine’s Money Stuff: AI Can Manage Your Mutual Fund

For a while, the way normal people invested in stocks was through actively managed mutual funds. People would pool their money and give it to a skilled professional, who would buy and sell stocks to try to generate a return for the investors, and would charge a nice fee for her efforts.

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