Namibia announces tax proposals in 2025-26 budget 

The US Internal Revenue Service (IRS) released Announcement 2025-13 - Announcement and Report Concerning Advance Pricing Agreements on 27 March 2025. The report outlines the experience, structure, and activities of the Advance Pricing and Mutual Agreement Program in

The Swiss Official Gazette published Decision No. RO 2025 214 on 28 March 2025 which updates the list of countries participating in the Multilateral Competent Authority Agreement (MCAA) for the exchange of country-by-country reports (CbCR). The updated list now includes:

The State Tax Service of Ukraine issued a guidance letter (No. 1308/IPK/99-00-21-02-03 IPK)  on 12 March 2025 regarding the requirement for Ukrainian entities to submit a Country-by-Country (CbC) report on behalf of their US-based parent multinational group. This report

The German Ministry of Finance has released updated guidelines on the interest deduction limits, known as the "interest barrier." on 24 March 2025. These changes follow amendments made by the Secondary Credit Market Promotion Act to Sections 4h of the Income Tax Act (EStG)

India’s Central Board of Direct Taxes (CBDT) issued Notification No. 21/2025 on 25 March 2025, introducing the Income-tax (Sixth Amendment) Rules, 2025.  This encompasses three key modifications to the safe harbour rules for international transactions outlined in the Income

Finland's Ministry of Finance has initiated public consultation on two proposed tax reforms on 27 March 2025. Interest exemption for infrastructure projects The Business Tax Act limits the ability to deduct interest for tax purposes, which aligns with the EU Anti-Tax

Australia’s parliament passed the Treasury Laws Amendment (Tax Incentives and Integrity) Act 2024 on 26 March  2025, which received Royal Assent on 27 March 2025. This follows after Australia’s Senate Economics Legislation Committee has published its report on the

At the meeting of the UN Tax Committee on 27 March 2025 the subcommittee dealing with indirect taxation matters put forward some potential issues that the next membership of the Tax Committee may wish to consider at future sessions. The subcommittee has identified some

On 25 March 2025 the Subcommittee on the Extractive Industries taxation presented to the UN Tax Committee a draft supplement to Chapter 5 (tax incentives) of the UN Handbook on Selected Issues for Taxation of the Extractive Industries; draft guidance on the Valuation of Mining

Russia's Federal Tax Service (FTS) issued Letter No. ШЮ-4-13/2827@ on 13 March 2025 about the notification of controlled transactions. It clarifies that from 2024, taxpayers must disclose the transfer pricing method used to justify the market (arm's length) price of a