US Companies Raise Alarms as Global Tax Deal Rewrite Drags On

US multinational companies are telling Congress members and the Trump administration that negotiations at the OECD to rewrite major parts of the global minimum tax framework are going too slow.

Slovakia Passes €2.7 Billion in Cuts, Tax Hikes to Trim Deficit

Slovak lawmakers approved a €2.7 billion ($3.2 billion) package of higher taxes and spending cuts aimed at reducing one of the European Union’s highest budget deficits.

EU Publishes Guidance for Implementing VAT Overhaul Law

The European Commission provided guidance for countries Wednesday on implementing an overhaul of the way value-added taxes are applied across the bloc.

Slovak Government OKs Mandatory Electronic Invoicing From 2027

Slovakia aims to introduce mandatory electronic invoicing for domestic business-to-business transactions subject to value-added tax from Jan. 1 2027, under a legislative proposal approved Wednesday by the government.

EU Committee Approves Changes to Corporate Tax Overhaul Bill

The European Parliament’s economic affairs committee on Wednesday adopted an amended version of a bill meant to consolidate the tax base of all EU companies.

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Will the Global Minimum Tax End the Race to the Bottom?

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.

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Big Tech’s Costly AI Bet Rides on Hundreds of Billions of Debt

Technology firms with vast funding needs to pay for their AI ambitions are striking blockbuster debt deals at the fastest pace in years, taking advantage of near—insatiable investor appetite to lock in financing for initiatives whose ultimate payoff remains uncertain.

Ambipar Gets Emergency Court Protection as Creditors Pounce (1)

Brazilian waste-management company Ambipar Participações e Empreendimentos SA was granted emergency protection against creditors after telling a court it was at risk of financial collapse — capping a bruising month that drove its bonds to record lows.

Tax Developments

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OECD Announces Albania Signs Pillar 2 STTR MLI, Posts Updated List of Signatories, Parties

The Organization for Economic Cooperation and Development (OECD) Sept. 23 announced the same date signing by Albania of the Multilateral Convention to Facilitate the Implementation of the Pillar Two Subject ...

Oman State News Announces Signing of Air Transport Agreements With Guyana, Cote D’Ivoire, Syria

The Omani News Agency (ONA) Sept. 23 announced the same date signing of air transport agreements with Guyana, Cote D’Ivoire, and Syria. [Oman, News Agency, 09/23/25]

France Administrative Court of Appeal of Marseille Clarifies Tax Liability With Germany, Switzerland Under DTAs

The French Court of Appeal of Marseille Sept. 22 issued Decision No. 25MA00518, clarifying tax liability for individuals under the DTAs with Germany and Switzerland. The taxpayer, a divorced individual ...

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